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South Miami Heights, FL Real Estate


According to census data in the year 2000 there were 10,353 housing units in South Miami Heights. This represents a 1.6% growth from 10,188 in 1990.

Of those housing units, 10,353 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Miami Heights is about 63.1%. South Miami Heights's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 3.34 people.

The majority of houses, apartments or condos in South Miami Heights were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type10.40%
One Bedroom14.70%
Two Bedrooms23.80%
Three Bedrooms35.20%
Four Bedrooms13.90%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.64
Median year structure was built1975
Median Value of occupied units$89,500
Median Price asked for vacant units$95,600

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1975
Median Monthly Rent asked for vacant units$579

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.90%
Home Equity Loan5.80%
Simple Mortgage60.10%
Debt Free22.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.3%