Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Miami,
the SW 127th Ave / SW 51st St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the SW 127th Ave / SW 51st St neighborhood has more
Cuban and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 67.0% of
this neighborhood's residents have Cuban ancestry and 8.4% have South American ancestry.
SW 127th Ave / SW 51st St is also pretty special linguistically. Significantly, 89.7% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
What is interesting to note, is that the SW 127th Ave / SW 51st St
neighborhood has a greater percentage of residents born in another country
(63.9%) than are found in 99.5% of all U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, if you love row houses and attached homes, you will probably really like the SW 127th Ave / SW 51st St neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 39.5% of the residential real estate here is classified as row houses and attached homes.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.5% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the SW 127th Ave / SW 51st St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the SW 127th Ave / SW 51st St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 82.4% of the residential real estate here was built in this one time period.
Notable & Unique: People
With a nice mix of college students, safety from crime, and decent
walkability, the SW 127th Ave / SW 51st St neighborhood rates highly
as a college student friendly place to live, and one that college
students and their parents may want to consider. NeighborhoodScout's
analysis shows that it rates more highly for a good place for college
students to live than 85% of the neighborhoods in
FL. This often also means that the area has certain amenities
and services geared towards college students, from undergraduates to