North Miami Beach, FL Real Estate
According to census data in the year 2000 there were 15,318 housing units in North Miami Beach.
This represents a 3.2% decline from 15,821 in 1990.
Of those housing units, 15,318 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Miami Beach is about 62.1%.
North Miami Beach's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in North Miami Beach were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.90% |
| One Bedroom | 30.50% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 22.20% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $93,000 |
| Median Price asked for vacant units | $79,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $579 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 66.20% |
| Debt Free | 21% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 26% |
