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Preforeclosure Homes in Miami Beach, FL

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Top Reasons To Live In Miami Beach, FL In 2024

Miami Beach is located in Miami-Dade, Florida, with an estimated municipal population of 88,885 residents. All of the best foreclosed homes for sale in Miami Beach are located in the following zip code areas on Foreclosure.com: 33140 33141 33139 33109 33119 33239. The estimated population per square kilometer (.62 miles) in Miami Beach is 4,461.


Cost Of Living In Miami Beach, FL

So, about how much do homes cost in Miami Beach? The most recent median value of resident-owned homes in Miami Beach is 458,552. An estimated 36.6 percent of households in Miami Beach own their homes, with an average family size of 2.93. The median household income in Miami Beach is 53,971, with27.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Miami Beach, the median commute time of resident workers (in minutes) is 27. And last, but certainly not least, are you looking for homes to rent in Miami Beach? If so, the average rent price paid by renters in Miami Beach is 1,396, according to recent statistics.


Diversity And Demographics In Miami Beach, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Miami Beach, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Miami Beach is 41.4, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Miami Beach is 40.1, with an average family size of 2.93.

The percentage of residents who report their race in Miami Beach is as follows:

White 73.2%
Black / African American 4.7%
Asian 2.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 2.2%
Other 17.3%

Looking for family-friendly neighborhoods in and/or near Miami Beach? Or maybe you are searching for 55+ active adult communities in and/or near Miami Beach?

The percentage of residents who report their age in Miami Beach is as follows:

Under 10 9.3%
Aged 10-19 6.9%
20s 12.5%
30s 18.5%
40s 15.3%
50s 14.9%
60s 10.9%
70s 6.9%
80+ 4.8%

Best Schools In Miami Beach, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Miami Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Miami Beach.


Pros And Cons Of Living In Miami Beach, Florida

How do you know that living in -- or moving to -- Miami Beach is right where you need to be? Perhaps you grew up in Miami Beach or already live nearby; therefore, the decision to buy a home in Miami Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Miami Beach for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Miami Beach:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Miami Beach.


Reasons To Move To Miami Beach, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Miami Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Miami Beach, meanwhile, can field multiple offers from more qualified buyers.

Miami Beach, FL Preforeclosure Homes


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