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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 400k in Arts and Entertainment District Miami, FL

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  • The Arts and Entertainment District is home to a dynamic community, with a notable proportion of residents aged 35 to 39. This demographic typically earns up to $63,203, making it an appealing area for both young professionals and families seeking vibrant culture and economic opportunities.
  • The largest demographic group of the Arts and Entertainment District consists of residents aged 35 to 39, contributing to a balanced urban lifestyle.

Market Overview

AVG. DAYS ON MARKET
45
Trending Down66.47% year over year
AVG. SOLD PRICE
$365,000
Trending Down0.76% year over year

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Frequently Asked Questions About Miami, FL

What is it like to live in Arts and Entertainment District, Miami, FL?

Living in the Arts and Entertainment District offers a vibrant urban lifestyle with easy access to cultural venues, nightlife, and dining options. The area is well-connected by public transportation and features modern residential developments, attracting a diverse community of residents.

Is Arts and Entertainment District, Miami, FL expensive?

The Arts and Entertainment District in Miami tends to be on the higher end of the cost spectrum, with a mix of luxury condos and upscale amenities contributing to an elevated cost of living. Rent prices for apartments are generally above the Miami average, reflecting the area's vibrant cultural scene and proximity to downtown.

What is the weather of Arts and Entertainment District, Miami, FL?

The Arts and Entertainment District in Miami experiences a tropical monsoon climate, characterized by hot, humid summers and warm, dry winters. Average temperatures range from the mid-70s to mid-90s °F throughout the year, with a higher likelihood of rainfall in the summer months.

How safe is Arts and Entertainment District, Miami, FL?

The Arts and Entertainment District in Miami generally reports a lower crime rate compared to other urban areas in the city. Like many vibrant neighborhoods, safety can vary by time of day and specific locations, so residents are encouraged to remain vigilant. Overall, community initiatives and police presence contribute to a safer environment.