The Real Deal Miami

Pricey local nabes make national list

September 02, 2009 01:40PM

A quartet of pricey neighborhoods is South Florida’s contribution to Forbes’ list of America’s 500 most expensive zip codes. Fortunes have changed for three of them in the real estate crash, but Coral Gables — in zip code 33146 — saw property values stay stable. Miami Beach — 33109 — was No. 33, with the median asking price down 15 percent, to $2.4 million. Key Biscayne — 33149 — came in at No. 199, with the median asking price down 10 percent to $1.14 million. And another section of Miami Beach — 33154 — saw a 5 percent drop to $518,581. At No. 494, it may not make next year’s list.