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South Beach, FL Housing

 
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As of 2010-2014, median price of a house in South Beach is $514,700, which is much higher than the state average of $156,200 and is much higher than the national average of $175,700. The South Beach median house value has grown by 37.40% since 2000. The growth rate for the price of a house in South Beach is lower than the state average rate of 48.06% and is lower than the national average rate of 46.91%. The median year that a house in South Beach was built is 1986, which is about the same as the median year for a house built in the state which is 1985 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,598 Owner Occupied Houses in South Beach, FL, #33
South Beach, FL
514,700 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #456
South Beach, FL
37.40%
Florida
48.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 South Beach, FLFloridaU.S.
Total Housing Units2,227, see rank, 100%9,051,851132,741,033
Occupied Housing Units1,734, 77.86%, see rank79.74%87.55%
Owner Occupied1,598, 71.76%, see rank52.73%56.34%
Renter Occupied136, 6.11%, see rank27.01%31.21%
Vacant Housing Units493, 22.14%, see rank20.26%12.45%
For Rent15, 0.67%, see rank2.97%2.34%
For Sale Only13, 0.58%, see rank1.66%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use465, 20.88%, see rank9.84%3.97%
For Migrant Workers0, 0.00%, see rank0.04%0.03%
Other Vacant0, 0.00%, see rank4.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #295
South Beach, FLFloridaU.S.
198619851976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 South Beach, FL%FloridaU.S.
Owner-Occupied Units1,598100%4,772,94474,787,460
With a Mortgage70243.93%, see rank61.11%65.58%
Without a Mortgage89656.07%, see rank38.89%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
South Beach, FL
2,856 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSouth Beach, FL%FloridaU.S.
$299 or Less00.00%, see rank0.21%0.20%
$300 to $49900.00%, see rank1.53%1.59%
$500 to $69900.00%, see rank5.00%5.01%
$700 to $999141.99%, see rank14.91%14.32%
$1,000 to $1,49900.00%, see rank29.50%27.90%
$1,500 to $1,999689.69%, see rank21.21%20.35%
$2,000 to $2,99931645.01%, see rank18.45%19.52%
$3,000 or More30443.30%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
South Beach, FL
33.80% of the Total Income
Florida
26.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 South Beach, FL%FloridaU.S.
10% or Less243.42%, see rank4.76%5.86%
10% to 20%16523.50%, see rank25.89%31.95%
20% to 30%8111.54%, see rank25.92%27.64%
30% to 40%19728.06%, see rank14.93%13.74%
40% or More23533.48%, see rank27.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
South Beach, FL
1,001 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSouth Beach, FL%FloridaU.S.
$199 or Less00.00%, see rank9.06%7.76%
$200 to $299131.45%, see rank13.71%14.70%
$300 to $499303.35%, see rank32.19%34.63%
$500 to $699404.46%, see rank22.09%21.16%
$700 or More81390.74%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
South Beach, FL
14.30% of the Total Income
Florida
13.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 South Beach, FL%FloridaU.S.
10% or Less23926.67%, see rank36.34%40.19%
10% to 20%39143.64%, see rank31.41%31.47%
20% to 30%586.47%, see rank12.98%12.24%
30% to 40%00.00%, see rank6.40%5.64%
40% or More20823.21%, see rank10.85%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 South Beach, FLFloridaU.S.
Total Housing Units2,227, 100%9,051,851132,741,033
1-unit, Detached1,344, 60.35%, see rank54.16%61.65%
1-unit, Attached123, 5.52%, see rank6.28%5.82%
2 Units62, 2.78%, see rank2.17%3.75%
3 or 4 Units14, 0.63%, see rank3.85%4.43%
5 to 9 Units286, 12.84%, see rank5.03%4.78%
10 or More Units398, 17.87%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank9.28%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 South Beach, FLFloridaU.S.
Total Housing Units2,227, 100%9,051,851132,741,033
1 Room0, 0.00%, see rank1.65%1.95%
2 Rooms0, 0.00%, see rank2.16%2.48%
3 Rooms15, 0.67%, see rank10.38%9.13%
4 Rooms195, 8.76%, see rank21.92%16.60%
5 Rooms505, 22.68%, see rank23.70%20.41%
6 Rooms423, 18.99%, see rank17.82%18.06%
7 Rooms553, 24.83%, see rank10.59%12.27%
8 Rooms354, 15.90%, see rank6.13%8.48%
9 Rooms or More182, 8.17%, see rank5.66%10.60%
Median Rooms6.40, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 South Beach, FLFloridaU.S.
Total Housing Units2,227, 100%9,051,851132,741,033
No Bedroom0, 0.00%, see rank1.80%2.17%
1 Bedroom0, 0.00%, see rank10.62%11.16%
2 Bedrooms676, 30.35%, see rank33.79%26.69%
3 Bedrooms1,101, 49.44%, see rank38.45%39.70%
4 Bedrooms363, 16.30%, see rank12.90%16.05%
5 or More Bedrooms87, 3.91%, see rank2.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 South Beach, FLFloridaU.S.
Total Housing Units1,734, 100%7,217,508116,211,092
Utility Gas47, 2.71%, see rank4.53%48.85%
Bottled, Tank, or LP Gas60, 3.46%, see rank1.12%4.86%
Electricity1,613, 93.02%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.22%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.20%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.04%0.47%
No Fuel Used14, 0.81%, see rank1.56%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSouth Beach, FLFloridaU.S.
Occupied Units Paying Rent82, 100%2,322,94939,201,928
$199 or Less0, 0.00%, see rank1.03%1.50%
$200 to $2990, 0.00%, see rank1.85%3.18%
$300 to $4990, 0.00%, see rank3.93%7.37%
$500 to $6990, 0.00%, see rank11.03%16.01%
$700 to $9990, 0.00%, see rank32.44%29.17%
$1,000 to $1,49921, 25.61%, see rank34.44%26.88%
$1,500 to $1,9990, 0.00%, see rank10.35%9.79%
$2,000 or More61, 74.39%, see rank4.93%6.10%
Median$2,001, see rank$998$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 South Beach, FLFloridaU.S.
Occupied Housing Units1,734, 100%7,217,508116,211,092
No Vehicles Available12, 0.69%, see rank7.09%9.12%
1 Vehicles Available522, 30.10%, see rank41.49%33.80%
2 Vehicles Available993, 57.27%, see rank37.93%37.48%
3 or More Vehicles Available207, 11.94%, see rank13.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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