South Miami, FL Real Estate
According to census data in the year 2000 there were 4,553 housing units in South Miami.
This represents a 4.8% growth from 4,346 in 1990.
Of those housing units, 4,553 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 is about 60.1%.
South Miami's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in South Miami were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.79|
|Median year structure was built||1957|
|Median Value of occupied units||$170,100|
|Median Price asked for vacant units||$158,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1966|
|Median Monthly Rent asked for vacant units||$346|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.2%|