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Miami Shores, FL Real Estate


According to census data in the year 2000 there were 3,891 housing units in Miami Shores. This represents a 0.7% decline from 3,918 in 1990.

Of those housing units, 3,891 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Miami Shores is about 88.6%. Miami Shores's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Miami Shores were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type4.20%
One Bedroom9%
Two Bedrooms30.20%
Three Bedrooms40.20%
Four Bedrooms13.80%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1952
Median Value of occupied units$162,900
Median Price asked for vacant units$110,200

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1961
Median Monthly Rent asked for vacant units$619

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage10.40%
Home Equity Loan10.20%
Simple Mortgage56.90%
Debt Free21.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.6%