Biscayne Blvd / NE 72nd St median real estate price is $406,852, which is more expensive than 87.7% of the neighborhoods in Florida and 82.8% of the neighborhoods in the U.S.
The average rental price in Biscayne Blvd / NE 72nd St is currently $1,569, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.4% of the neighborhoods in Florida.
Biscayne Blvd / NE 72nd St is an urban neighborhood (based on population density) located in Miami, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Biscayne Blvd / NE 72nd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Biscayne Blvd / NE 72nd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Biscayne Blvd / NE 72nd St has a 17.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.