HousingHandbookReference data

U.S. ZIP Code · FL33134

Miami-Dade County · Miami-Fort Lauderdale-West Palm Beach, FL

Typical home value

$878,612[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.3%
5-year / yr
+9.1%
10-year / yr
+6.4%

Relative price

vs U.S.
+209.3%
vs metro
+77.5%
vs state
+153.3%
ZIP 33134 location in FL
Location of ZIP 33134 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33134 is worth $878,612 — 77.5% above the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 1.3%. Homes here rent for a typical $2,919 a month — a 4.0% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,919[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$6,865[3]

#Climate risk

FEMA National Risk Index ratings for Miami-Dade County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Very High
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively High
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
No Rating

#Who lives here

Population
38,174[3]
Median household income
$99,766[3]

#Migration

Household moves in and out of Miami-Dade County over a year, from IRS tax-return data.

Net migration
-21,399[5]
Moved in
43,906
Moved out
65,305

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
2
Middle
0
High
0
  • CORAL GABLES PREPARATORY ACADEMY

    Elementary · Grades PK–8 · MIAMI-DADE

    828 students

  • SOMERSET GABLES ACADEMY

    Elementary · Grades K–8 · MIAMI-DADE

    469 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$35,031

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$4,443
Loan principal$702,890
Down payment$175,722
Total interest paid$896,497

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.97
Monthly cost to own$5,746
Monthly rent$2,919

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
93rd percentile[1]
Rental yield
6th percentile[2]
Property tax
29th percentile[3]

Frequently asked

How much is a home worth in ZIP code 33134?
The typical home in 33134 is worth $878,612, based on the Zillow Home Value Index.
Are home values rising in 33134?
Home values in 33134 are down 1.3% over the past year, and up 9.1% a year over five years.
What is the typical rent in 33134?
A typical home in 33134 rents for about $2,919 a month, a gross rental yield of 4.0%.
What is the property tax rate in 33134?
The effective property tax rate in 33134 is 0.8% — roughly $6,865 a year on a typical home.
Who lives in 33134?
ZIP code 33134 has a population of 38,174 and a median household income of $99,766.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Parkland, FL

    Typical home
    $874,605
    Gross yield
    5.8%
  • Fort Lauderdale, FL

    Typical home
    $874,360
    Gross yield
    4.4%
  • Jupiter Farms CDP, FL

    Typical home
    $865,289
    Gross yield
  • Southwest Ranches, FL

    Typical home
    $857,113
    Gross yield
    5.1%
  • FL

    Typical home
    $907,840
    Gross yield
  • Weston, FL

    Typical home
    $846,454
    Gross yield
    6.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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