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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos with Water View and Pool Under 500k in Wynwood Miami, FL

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Star IconWhat to know
  • Wynwood attracts a vibrant community, where the largest demographic group comprises individuals aged 35 to 39 who earn up to $52,770, making it a desirable area for young professionals and families.
  • The predominant age group in Wynwood is 35 to 39, reflecting a young, dynamic population engaged in the local economy.

Market Overview

AVG. DAYS ON MARKET
154
Trending Up38.62% year over year
AVG. SOLD PRICE
$452,714
Trending Down4.29% year over year

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Frequently Asked Questions About Miami, FL

What is it like to live in Wynwood, Miami, FL?

Living in Wynwood offers a vibrant community known for its street art, galleries, and creative culture. Residents can enjoy a variety of restaurants, boutiques, and cultural events within an urban environment. The neighborhood has a mix of residential options, making it appealing to both young professionals and artists.

Is Wynwood, Miami, FL expensive?

Wynwood is known for its rising property values and rental prices, especially as it has become a trendy destination for art and nightlife. The cost of living is higher than the Miami average, reflecting the area's popularity and development.

What is the weather of Wynwood, Miami, FL?

Wynwood has a tropical monsoon climate, characterized by hot and humid summers and mild, dry winters. Average temperatures range from about 68°F (20°C) in winter to 90°F (32°C) in summer, with a rainy season typically occurring from May to October.

How safe is Wynwood, Miami, FL?

Wynwood has seen a decrease in crime rates over the past few years, especially in its commercial areas, making it relatively safer than in the past. However, as with many urban areas, some petty crimes still occur, particularly at night. Local law enforcement has increased its presence to enhance safety in the neighborhood.