Housing & Real Estate — South Beach, Florida

Overview

Total Housing Units2,226
Occupied1,576
Vacant650
Owner-Occupied1,554
Renter-Occupied22
Median Home Value (Census)$900,700
Estimated 2026~$1,002,000
Median Rent$3,501/mo
Median Property Tax$6,431/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income21.7%
Severely Rent-Burdened0.0%

Housing Age

Built 2010 or later92
Built 2000-2009247
Built 1990-1999341
Built before 196039
Median Year Built1984
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.