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    AI-Generated Neighborhood Summary

    Location Overview & Crime Rate

    Miami, FL, is a vibrant city known for its cultural diversity, beautiful beaches, and lively nightlife. It is a major hub for finance, commerce, culture, and international trade. Crime rates in Miami can vary, with some areas experiencing higher crime rates than others. Generally, urban centers may have higher crime rates compared to suburban neighborhoods. Neighborhoods like Coral Gables and Key Biscayne are often considered safer.

    Education & Amenities

    Miami-Dade County Public Schools serves the city and is one of the largest school districts in the U.S. School ratings can vary; some schools are highly rated, particularly those in more affluent areas. Miami offers a wide array of amenities including parks like Bayfront Park, numerous grocery stores, and shopping centers. Tourist attractions are abundant, including the Miami Seaquarium, Vizcaya Museum and Gardens, and the Art Deco District. Public transportation is available via the Metrorail, Metromover, and Metrobus systems.

    Economic Overview

    The average household income in Miami is diverse and can be influenced by the neighborhood. Affluent areas such as Coconut Grove and Coral Gables typically have higher average incomes compared to other parts of the city. Miami's job market growth is considered strong, with key industries including tourism, international trade, healthcare, and technology contributing to its economic development. As Miami continues to grow, these sectors are expected to provide further employment opportunities, making it an attractive location for career-focused individuals looking to enjoy a dynamic living environment in a city that blends cultural richness with economic vibrancy.

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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

    $496,100

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $101,586
    Nat'l Avg: $69,021

    Percent Under Poverty

    8%
    Nat'l Avg: 12%

    Median Contract Rent

    $2,269
    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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    Get access to 15+ additional neighborhood metrics, including crime data, income statistics, demographic breakdowns, and more.

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

    Bayfront Park

    Park

    Jackson Memorial Hospital

    Hospital

    Publix Super Market

    Grocery store

    Versailles Restaurant

    Restaurant

    LA Fitness

    Gym

    Miami International Airport

    International airport

    Miami Senior High School

    School

    Bayside Marketplace

    Shopping center

    Brickell City Centre

    Shopping center

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    Miami's property values have seen consistent growth, with a current median home price around $550,000, reflecting a strong appreciation trend over the past decade.
    Crime rates in Miami have generally decreased over recent years, contributing to an improved perception of safety in the city.
    Economic indicators show robust growth, driven by tourism, finance, and a burgeoning tech sector, suggesting continued expansion.
    Historical price appreciation patterns indicate a steady rise, positioning Miami as a competitive real estate market with potential for future growth.

    Custom Narratives

    Miami's real estate market has seen a steady increase in home prices, with a median home price of $530,000, reflecting strong demand and limited inventory.
    The city's economy is diversifying, with growth in tech and finance sectors, attracting new residents and increasing rental property investment opportunities.
    Miami's community is becoming more culturally diverse, with a significant influx of Latin American and European residents, enhancing the city's multicultural appeal.
    Looking forward, Miami is projected to experience continued growth in urban development and infrastructure, making it an attractive option for long-term real estate investments.

    Green Flags

    Beautiful beaches and ocean views
    Vibrant cultural diversity
    Year-round warm and sunny climate
    Thriving arts and entertainment scene

    Red Flags

    High cost of living
    Traffic congestion
    Risk of hurricanes
    Limited public transportation options
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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    Complete Flood Risk Analysis

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