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Real Estate Prices & Overview

Indian Beach Sapphire Shores / New College of Florida median real estate price is $934,516, which is more expensive than 92.6% of the neighborhoods in Florida and 91.0% of the neighborhoods in the U.S.

The average rental price in Indian Beach Sapphire Shores / New College of Florida is currently $3,376, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.7% of the neighborhoods in Florida.

Indian Beach Sapphire Shores / New College of Florida is a suburban neighborhood (based on population density) located in Sarasota, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Indian Beach Sapphire Shores / New College of Florida real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Indian Beach Sapphire Shores / New College of Florida neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Indian Beach Sapphire Shores / New College of Florida. The current real estate vacancy rate here is 19.6%. This is higher than the rate of vacancies in 85.4% 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

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 Sarasota, the Indian Beach Sapphire Shores / New College of Florida neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Indian Beach Sapphire Shores / New College of Florida 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, Indian Beach Sapphire Shores / New College of Florida 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Indian Beach Sapphire Shores / New College of Florida neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Indian Beach Sapphire Shores / New College of Florida neighborhood is a fantastic option for bicycle commuters, as 5.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.3% of the neighborhoods in America.

Diversity

Did you know that the Indian Beach Sapphire Shores / New College of Florida neighborhood has more Swedish and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.8% of this neighborhood's residents have Swedish ancestry and 1.9% have Iranian ancestry.

Indian Beach Sapphire Shores / New College of Florida is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.1% 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 Indian Beach Sapphire Shores / New College of Florida neighborhood in Sarasota are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% 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 Indian Beach Sapphire Shores / New College of Florida neighborhood, 55.5% 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 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.9%), and 6.8% 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 Indian Beach Sapphire Shores / New College of Florida neighborhood is English, spoken by 91.0% of households. Other important languages spoken here include Polish, Spanish and Persian.

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 Indian Beach Sapphire Shores / New College of Florida neighborhood in Sarasota, FL, residents most commonly identify their ethnicity or ancestry as German (19.7%). There are also a number of people of Irish ancestry (19.3%), and residents who report Italian roots (9.6%), and some of the residents are also of English ancestry (9.1%), along with some French ancestry residents (8.5%), among others.

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 Indian Beach Sapphire Shores / New College of Florida neighborhood spend between 15 and 30 minutes commuting one-way to work (43.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (5.3%) . 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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