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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 400k in South Beach Miami Beach, FL

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Star IconWhat to know
  • The largest demographic group in South Beach consists of individuals aged 40 to 44 who earn up to $59,439, making it a suitable area for established professionals.
  • The 40 to 44 age group represents a significant portion of the community, contributing to a vibrant atmosphere with diverse economic activity.

Market Overview

AVG. DAYS ON MARKET
123
Trending Up18.61% year over year
AVG. SOLD PRICE
$284,119
Trending Down1.85% year over year

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Frequently Asked Questions About Miami Beach, FL

What is it like to live in South Beach, Miami Beach, FL?

Living in South Beach offers a vibrant lifestyle characterized by its beautiful beaches, nightlife, and diverse dining options. The area features a mix of luxury condos and historic Art Deco architecture, making it appealing to residents seeking both modern amenities and cultural charm.

Is South Beach, Miami Beach, FL expensive?

South Beach is known for its high cost of living, featuring luxury condos and high-end retail options. Average rental prices are significantly above the national average, reflecting its desirability as a tourist and residential destination.

What is the weather of South Beach, Miami Beach, FL?

South Beach has a tropical monsoon climate, characterized by warm, humid summers and mild, dry winters. Average summer temperatures typically range from the mid-70s to upper 80s°F, while winter temperatures can drop to the mid-60s°F. Rain is most common during the summer months.

How safe is South Beach, Miami Beach, FL?

South Beach has a reputation for being relatively safe, especially in its tourist areas, where law enforcement presence is significant. However, like any urban area, crime can occur, particularly at night. Residents and visitors are advised to remain aware of their surroundings and take standard safety precautions.