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Real Estate Prices & Overview

Sunny Isles Beach South median real estate price is $385,181, which is more expensive than 40.7% of the neighborhoods in Florida and 49.3% of the neighborhoods in the U.S.

The average rental price in Sunny Isles Beach South is currently $3,207, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.1% of the neighborhoods in Florida.

Sunny Isles Beach South is a densely urban neighborhood (based on population density) located in Sunny Isles Beach, Florida.

Sunny Isles Beach South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Sunny Isles Beach South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Sunny Isles Beach South. The current real estate vacancy rate here is 23.0%. This is higher than the rate of vacancies in 90.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (16.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The Sunny Isles Beach South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, the real estate in the Sunny Isles Beach South neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 98.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.

Furthermore, if you like crowded places, then you will probably enjoy the the Sunny Isles Beach South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,885 people per square mile living here.

Diversity

Did you know that the Sunny Isles Beach South neighborhood has more South American and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.3% of this neighborhood's residents have South American ancestry and 2.1% have Romanian ancestry.

Sunny Isles Beach South is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Sunny Isles Beach South neighborhood has a greater percentage of residents born in another country (57.7%) than are found in 98.9% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Sunny Isles Beach South neighborhood in Sunny Isles Beach are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.3% of the neighborhoods in America. With 13.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Sunny Isles Beach South neighborhood, 41.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.5%), and 7.5% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sunny Isles Beach South neighborhood is Spanish, spoken by 61.8% of households. Other important languages spoken here include English and Portuguese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Sunny Isles Beach South neighborhood in Sunny Isles Beach, FL, residents most commonly identify their ethnicity or ancestry as South American (43.3%). There are also a number of people of Cuban ancestry (9.3%), and residents who report Asian roots (6.6%), and some of the residents are also of Italian ancestry (6.6%), along with some Russian ancestry residents (5.5%), among others. In addition, 57.7% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Sunny Isles Beach South neighborhood spend between 45 minutes and one hour commuting one-way to work (34.7% of working residents), longer and tougher than most commutes in America.

Here most residents (74.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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