33141 Property Tax Rate

Property owners in ZIP code 33141 (Miami Beach, Florida) pay a median of $3,725/year in property taxes on homes valued at $434,500. This translates to an effective tax rate of 0.86%, which is 12% above the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 33141 is approximately $310, which factors into escrow payments on mortgages. This ZIP code is located within Miami-Dade County. This is $1,080 more than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 33141 has higher property taxes. ZIP codes with similar effective rates include 33477 (0.86%) and 34285 (0.86%).

In Miami Beach, property taxes represent approximately 5.8% of the median household income of $64,457, providing context for the relative tax burden on homeowners in this area.

Under Florida's Save Our Homes Act, your homestead property's assessed value is capped at 3% annually, but resets to market value upon sale—your initial tax bill will reflect the new purchase price. Miami-Dade County offers a $25,000 homestead exemption plus an additional $25,000 exemption for non-school taxes; file your application with the Miami-Dade County Property Appraiser before or immediately after closing. Submit your exemption online at miamidade.gov/propertytax or visit the Main Office at 111 N.W. 1st Street to confirm your homestead status.