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Real Estate Prices & Overview

Brickell Ave / SE 11th St median real estate price is $880,182, which is more expensive than 91.7% of the neighborhoods in Florida and 89.6% of the neighborhoods in the U.S.

The average rental price in Brickell Ave / SE 11th St is currently $6,784, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in Florida.

Brickell Ave / SE 11th St is a densely urban neighborhood (based on population density) located in Miami, Florida.

Brickell Ave / SE 11th 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 renter occupied. Many of the residences in the Brickell Ave / SE 11th St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Brickell Ave / SE 11th St. The current real estate vacancy rate here is 25.3%. This is higher than the rate of vacancies in 92.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

In a nation where 1 out of every 4 children lives in poverty, the Brickell Ave / SE 11th St neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, astoundingly, the Brickell Ave / SE 11th St neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.5% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Miami neighborhood.

Also, the rate of college educated adults in the Brickell Ave / SE 11th St neighborhood is a unique characteristic of the neighborhood. 86.8% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.3% of all U.S. neighborhoods.

Real Estate

What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 139,084 people per square mile, it is more densely populated than 99.9% of America's neighborhoods.

In addition, the real estate in the Brickell Ave / SE 11th St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 99.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Brickell Ave / SE 11th St neighborhood. A whopping 97.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.8% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Also of note, the Brickell Ave / SE 11th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 97.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Brickell Ave / SE 11th St neighborhood has more South American and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.4% of this neighborhood's residents have South American ancestry and 3.5% have Arab ancestry.

Brickell Ave / SE 11th St is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

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. In the Brickell Ave / SE 11th St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Brickell Ave / SE 11th St neighborhood has a greater percentage of residents born in another country (60.7%) than are found in 99.3% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Brickell Ave / SE 11th St neighborhood in Miami are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.8% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Brickell Ave / SE 11th St neighborhood, 53.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Brickell Ave / SE 11th St neighborhood is Spanish, spoken by 54.3% of households. Other important languages spoken here include English, Portuguese, German/Yiddish and Polish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Brickell Ave / SE 11th St neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as South American (46.4%). There are also a number of people of Asian ancestry (10.8%), and residents who report German roots (8.5%), and some of the residents are also of Irish ancestry (5.2%), along with some Mexican ancestry residents (5.0%), among others. In addition, 60.7% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Brickell Ave / SE 11th St neighborhood spend between 15 and 30 minutes commuting one-way to work (55.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (8.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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