Miami Beach, FL Real Estate
According to census data in the year 2000 there were 59,757 housing units in Miami Beach.
This represents a 4.3% decline from 62,413 in 1990.
Of those housing units, 59,757 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 Beach is about 36.6%.
Miami Beach's vacancy rate, including seasonal lodging, is about 22.7%.
Average household size is 1.88 people.
The majority of houses, apartments or condos in Miami Beach were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1965|
|Median Value of occupied units||$334,400|
|Median Price asked for vacant units||$684,200|
Rented Homes, Apartments and Condos
|Average Household Size||1.81|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$649|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||25.1%|