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Real Estate Prices & Overview

Sunny Isles Beach Southeast median real estate price is $1,900,233, which is more expensive than 98.6% of the neighborhoods in Florida and 98.2% of the neighborhoods in the U.S.

The average rental price in Sunny Isles Beach Southeast is currently $5,311, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.8% of the neighborhoods in Florida.

Sunny Isles Beach Southeast is a densely urban neighborhood (based on population density) located in Sunny Isles Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Sunny Isles Beach Southeast 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sunny Isles Beach Southeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Sunny Isles Beach Southeast. The current real estate vacancy rate here is 73.2%. This is higher than the rate of vacancies in 99.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (69.9%). 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

If you like crowded places, then you will probably enjoy the the Sunny Isles Beach Southeast neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,523 people per square mile living here. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Sunny Isles Beach Southeast 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, Sunny Isles Beach Southeast 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 real estate in the Sunny Isles Beach Southeast 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, 99.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.8% of American neighborhoods.

Furthermore, despite all of the residential real estate here in the Sunny Isles Beach Southeast neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 73.2%, which is higher than 99.8% of all U.S. neighborhoods.

Also of note, homes built from 2000 through today make up a higher proportion of the Sunny Isles Beach Southeast neighborhood's real estate landscape than 96.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 75.3% of the residential real estate here is classified as newer.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.1% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.2% 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 Sunny Isles Beach Southeast neighborhood should definitely be on your list of places to consider.

In addition, one of the really interesting characteristics about the Sunny Isles Beach Southeast neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.7% of college-friendly places to live in the state of Florida. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.

Modes of Transportation

In the Sunny Isles Beach Southeast neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 35.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Sunny Isles Beach Southeast neighborhood has more Russian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.3% of this neighborhood's residents have Russian ancestry and 3.2% have Lebanese ancestry.

Sunny Isles Beach Southeast is also pretty special linguistically. Significantly, 14.3% 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 100.0% 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 Southeast neighborhood has a greater percentage of residents born in another country (61.6%) than are found in 99.3% 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 Southeast neighborhood in Sunny Isles Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.2% of the neighborhoods in America. In addition, 4.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 65.0% of America'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 Southeast neighborhood, 59.9% 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 24.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.6%), and 6.1% in manufacturing and laborer 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 Southeast neighborhood is Spanish, spoken by 39.5% of households. Other important languages spoken here include English, Russian, French 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 Southeast neighborhood in Sunny Isles Beach, FL, residents most commonly identify their ethnicity or ancestry as South American (14.4%). There are also a number of people of Russian ancestry (11.3%), and residents who report Mexican roots (9.5%), and some of the residents are also of Arab ancestry (7.2%), along with some Cuban ancestry residents (6.6%), among others. In addition, 61.6% 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 Sunny Isles Beach Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (36.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.0%) . 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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