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Real Estate Prices & Overview

Flamingo Lummus Northeast median real estate price is $829,963, which is more expensive than 88.1% of the neighborhoods in Florida and 85.1% of the neighborhoods in the U.S.

The average rental price in Flamingo Lummus Northeast is currently $2,912, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in Florida.

Flamingo Lummus Northeast is a densely urban neighborhood (based on population density) located in Miami Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Flamingo Lummus Northeast 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 Flamingo Lummus Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Flamingo Lummus Northeast. The current real estate vacancy rate here is 46.7%. This is higher than the rate of vacancies in 98.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.2%). 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Flamingo Lummus Northeast neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Flamingo Lummus Northeast is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the Flamingo Lummus Northeast 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 95.2% 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.

Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 46.7% of the residential real estate vacant, the Flamingo Lummus Northeast neighborhood claims the distinction of having a higher vacancy rate than 98.5% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Also of note, the real estate in the Flamingo Lummus Northeast 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, 90.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2% of American neighborhoods.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 5.6% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Flamingo Lummus Northeast neighborhood should definitely be on your list of places to consider.

Modes of Transportation

More people in Flamingo Lummus Northeast choose to walk to work each day (35.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Occupations

There are more people living in the Flamingo Lummus Northeast neighborhood employed as sales and service workers (53.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Flamingo Lummus Northeast neighborhood has a highly unusual pattern of car ownership. 54.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.

Diversity

Did you know that the Flamingo Lummus Northeast neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.8% of this neighborhood's residents have South American ancestry and 14.0% have Cuban ancestry.

Flamingo Lummus Northeast is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.3% 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 Flamingo Lummus Northeast neighborhood has a greater percentage of residents born in another country (61.4%) than are found in 99.3% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Flamingo Lummus Northeast neighborhood in Miami Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.6% of U.S. neighborhoods. With 25.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.3% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Flamingo Lummus Northeast neighborhood, 46.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 39.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.6%), and 5.1% 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 Flamingo Lummus Northeast neighborhood is Spanish, spoken by 48.1% of households. Other important languages spoken here include English, Italian, Russian and Portuguese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Flamingo Lummus Northeast neighborhood in Miami Beach, FL, residents most commonly identify their ethnicity or ancestry as South American (26.8%). There are also a number of people of Cuban ancestry (14.0%), and residents who report Italian roots (10.0%), and some of the residents are also of German ancestry (7.9%), along with some Russian ancestry residents (6.6%), among others. In addition, 61.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Flamingo Lummus Northeast neighborhood spend under 15 minutes commuting one-way to work (35.5% of working residents), one of the shortest commutes across America.

Here most residents (35.9%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.1%) and 13.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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