[6] 33156, the ZIP code that encompasses most of the village, has been consistently ranked as one of the wealthiest in the United States by income.

In the 1930s, the area's growth continued and the community began to evolve around one of the first tourist attractions established in the Miami vicinity – Parrot Jungle and Gardens.

Parrot Jungle was founded in 1936 by Franz and Louise Scherr on property located at Red Road and Southwest 111 Street and over the years has become a tourist attraction whose visitors included Winston Churchill.

To bring his vision to life, he rented 20 acres (8.1 ha) of hammock land for an annual fee of $25 (equivalent to $476.92 in 2021).

Parrot Jungle was built as a winding nature trail dug through the coral rock and hammock land, indigenous to the area.

The Miami Serpentarium, a tourist attraction that featured snakes, lizards and other reptiles and amphibians, was located on US 1 for many decades prior to closing in the mid-1980s.

During the 1950s and 1960s, the area flourished with the development and construction of ranch-style houses on 1-acre (0.40 ha) lots which laid the foundation for the community's rural and lushly landscaped residential character.

In August 1992, Pinecrest and the surrounding South Miami-Dade area were devastated by the effects of Hurricane Andrew.

[10] Rapid growth and local issues during the 1990s inspired a movement led by residents Evelyn Greer Langlieb and Gary C. Matzner to incorporate the area.

In 2008, the village council dedicated the new Flagler Grove Park and the long-awaited community center at Pinecrest Gardens.

The Pinecrest branch of the Miami-Dade County Library System opened adjacent to the community center in October 2008.