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Real Estate Prices & Overview

Brickell South median real estate price is $732,691, which is more expensive than 81.9% of the neighborhoods in Florida and 81.3% of the neighborhoods in the U.S.

The average rental price in Brickell South is currently $3,620, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in Florida.

Brickell South is a densely 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).

Brickell South 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 Brickell South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Brickell South. The current real estate vacancy rate here is 17.8%. This is higher than the rate of vacancies in 83.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (15.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Brickell South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Brickell South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 61,775 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. Brickell South is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Brickell South is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in the Brickell South 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, 89.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2% of American neighborhoods.

People

Of note is NeighborhoodScout's research finding that the Brickell South neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Brickell South community truly stands out from the rest in this regard.

In addition, if you're planning where to retire, the Brickell South neighborhood in Miami is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.6% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.

Diversity

Did you know that the Brickell South neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.9% of this neighborhood's residents have South American ancestry and 35.2% have Cuban ancestry.

Brickell South is also pretty special linguistically. Significantly, 5.0% 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 99.3% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Brickell South neighborhood has a greater percentage of residents born in another country (64.6%) than are found in 99.5% 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 South 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 78.4% 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Brickell South neighborhood, 60.5% 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 19.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.4%), and 9.4% in clerical, assistant, and tech support occupations.

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 South neighborhood is Spanish, spoken by 67.0% of households. Other important languages spoken here include English, French, Portuguese and Italian.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Brickell South neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (35.2%). There are also a number of people of South American ancestry (28.9%), and residents who report French roots (7.4%), and some of the residents are also of English ancestry (6.0%), along with some Puerto Rican ancestry residents (5.5%), among others. In addition, 64.6% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Brickell South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.9%) 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 (5.5%) . 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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Schools include:
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