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Real Estate Prices & Overview

Sabal Chase median real estate price is $445,263, which is more expensive than 57.0% of the neighborhoods in Florida and 63.2% of the neighborhoods in the U.S.

The average rental price in Sabal Chase is currently $3,348, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.1% of the neighborhoods in Florida.

Sabal Chase is an urban neighborhood (based on population density) located in Miami, Florida.

Sabal Chase real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Sabal Chase neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Sabal Chase has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a 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.

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

Of note is NeighborhoodScout's research finding that the Sabal Chase 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 Sabal Chase community truly stands out from the rest in this regard.

Real Estate

If you love row houses and attached homes, you will probably really like the Sabal Chase 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, 45.0% of the residential real estate here is classified as row houses and attached homes.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Sabal Chase 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, 88.3% of the residential real estate here was built in this one time period.

Occupations

The Sabal Chase neighborhood has a greater proportion of government workers living in it than 95.6% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Diversity

Did you know that the Sabal Chase neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.0% of this neighborhood's residents have Cuban ancestry and 15.9% have South American ancestry.

Sabal Chase is also pretty special linguistically. Significantly, 4.1% 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 99.0% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Sabal Chase 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 76.9% 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 Sabal Chase neighborhood, 67.2% 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 16.6% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (13.2%), and 10.6% in manufacturing and laborer 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 Sabal Chase neighborhood is Spanish, spoken by 60.1% of households. Other important languages spoken here include English, Portuguese and German/Yiddish.

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 Sabal Chase neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (41.0%). There are also a number of people of South American ancestry (15.9%), and residents who report German roots (10.6%), and some of the residents are also of English ancestry (8.0%), along with some Puerto Rican ancestry residents (5.6%), among others. In addition, 28.9% 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 Sabal Chase neighborhood spend between 15 and 30 minutes commuting one-way to work (59.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.8%) . 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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