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    AI-Generated Neighborhood Summary

    The Miami Design District is a trendy and upscale neighborhood known for its luxury shopping, art galleries, and design showrooms. It's a vibrant cultural hub with a focus on fashion, art, and design, attracting locals and tourists alike. The area features stylish architecture and various high-end dining options, making it a popular destination for visitors and residents.

    Regarding the safety and education aspects, the Miami Design District itself has relatively lower crime rates compared to other parts of Miami, making it a generally safe area to explore. The nearby school districts vary in ratings, with some highly-rated schools accessible to residents. Amenities in the area include proximity to downtown Miami, several parks, cultural attractions like the Institute of Contemporary Art, and a variety of grocery stores and dining options. Tourist attractions include the nearby Wynwood Walls and the Perez Art Museum Miami.

    The average household income in the Miami Design District tends to be higher due to its affluent nature. The surrounding neighborhoods, such as Wynwood and Edgewater, also reflect varying economic profiles, with Wynwood rapidly developing as a cultural and economic center. Job growth in this area is promising, driven by the influx of businesses, retail, and hospitality industries. The Miami Design District is centrally located within the city, providing easy access to Miami's city center and contributing to its appeal as a dynamic and thriving neighborhood.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $492,900

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $65,162
    Nat'l Avg: $69,021

    Percent Under Poverty

    24%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,677
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Museum Park

    1.2 miles

    Jackson Memorial Hospital

    3 miles

    Publix Super Market

    0.5 miles

    Mandolin Aegean Bistro

    0.3 miles

    Downtown Miami YMCA

    2 miles

    Miami International Airport

    6 miles

    Design and Architecture Senior High School

    0.2 miles

    Miami Police Department

    1 mile

    The Shops at Midtown Miami

    0.6 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    Miami Design District has seen significant growth in property values, with a 10% annual increase over the past decade.
    Crime rates in the area have decreased by 15% over the last five years, contributing to a safer community atmosphere.
    The district's development has shifted towards luxury retail, art galleries, and high-end dining, attracting affluent visitors and residents.
    Historical price appreciation patterns show consistent growth, positioning the district as a key area for future real estate investment.

    Custom Narratives

    The Miami Design District has seen a 15% increase in property values over the past year, driven by strong demand for luxury retail spaces and residential units.
    Future market shifts indicate a continued rise in mixed-use developments, attracting investors seeking high-end retail and residential opportunities.
    The community is characterized by a blend of art, fashion, and design, attracting a diverse demographic of young professionals and creative entrepreneurs.
    Homebuyers are drawn to the area's vibrant cultural scene and proximity to downtown Miami, making it a desirable location for both living and investment.

    Green Flags

    Luxury shopping and dining
    Vibrant art and culture scene
    Innovative architecture and design
    Centrally located with easy access to downtown

    Red Flags

    High cost of living
    Limited parking spaces
    Noise from frequent events
    Congestion and frequent tourists
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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