Learn more about South Miami
Bordering Coral Gables and Pinecrest, South Miami is a small but vibrant community that is home to many parks, unique shopping and a wide variety of dining and entertainment options. It’s casual yet active feel is due in part to the close proximity to the University of Miami and residents that run the gamut from college students to families to retirees. Directly served by the Miami Metrorail, South Miami is an easy commute to all points of the Magic City and the Miami International Airport. South Miami truly has something to offer every taste and budget.
The South Miami neighborhood offers a variety of property types from single-family homes to townhomes, apartments and condominiums. With 60% of residents owning their homes and 40% renting, there is great opportunity for investing in real estate in South Miami as the outlook for property values remains strong.
In the gorgeous area of South Miami you’ll be in good company with around 12,700 residents with around 50% of those homeowners. With an average age of 38, the residents of South Miami are well established, made up of families of all age groups. Though fairly kicked back throughout the week, during weekends and holidays, you can see a lot more activity and excitement. Over the recent months roughly 50 homes have been sold with an average sold price of $980,307. That is an increase of $79,200 from the previous period.
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