CALCMONEY // MORTGAGE // FL // MIAMI BEACH // 33109
ZIP CODE ANALYSISHyper-local mortgage data for ZIP 33109 in Miami Beach, FL. This is a high-net-worth enclave — most purchases require jumbo financing.
$3,200,000
$2,560,000
$20,593
$882,578/yr
| Down Payment | Home Price | Loan Amount | Monthly P&I | Total Monthly | Rate |
|---|---|---|---|---|---|
| 10% Down | $3,200,000 | $2,880,000 | $18,968 | $22,701 | 6.9% |
| 20% Down | $3,200,000 | $2,560,000 | $16,860 | $20,593 | 6.9% |
| 25% Down | $3,200,000 | $2,400,000 | $15,806 | $19,540 | 6.9% |
Total monthly includes principal & interest, property tax (1% annual), and estimated homeowners insurance. PMI not included.
Star Island (ZIP 33109) sits within Miami Beach, Florida with a median home price of $3,200,000 — significantly above the Miami Beach city-wide median of $3,200,000. At 80% LTV, the typical loan amount of $2,560,000 exceeds the 2026 conforming loan limit of $766,550, placing most purchases in jumbo territory. Jumbo loans typically require stronger credit scores, larger reserves, and may carry slightly different rate pricing.
Property taxes in ZIP 33109 run 1% annually, adding $2,667 per month on the median home. Median household income in this neighborhood is approximately $550,000, placing the price-to-income ratio at 5.8x. Florida has no state income tax, giving buyers here more purchasing power relative to equivalent salaries in income-tax states.