Collins Ave / NE 175th Ter median real estate price is $1,111,037, which is more expensive than 70.4% of the neighborhoods in Florida and 71.9% of the neighborhoods in the U.S.
The average rental price in Collins Ave / NE 175th Ter is currently $2,485, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.3% of Florida neighborhoods.
Collins Ave / NE 175th Ter is a densely urban neighborhood (based on population density) located in Sunny Isles Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Collins Ave / NE 175th Ter real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Collins Ave / NE 175th Ter neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Collins Ave / NE 175th Ter. The current real estate vacancy rate here is 46.2%. This is higher than the rate of vacancies in 98.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (41.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Sunny Isles Beach, the Collins Ave / NE 175th Ter neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Collins Ave / NE 175th Ter 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, Collins Ave / NE 175th Ter 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.
In addition, the real estate in the Collins Ave / NE 175th Ter neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 98.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.
Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 46.2% of the residential real estate vacant, the Collins Ave / NE 175th Ter neighborhood claims the distinction of having a higher vacancy rate than 98.5% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
There are more people living in the Collins Ave / NE 175th Ter neighborhood employed as sales and service workers (32.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 49.4%. This is a higher percent living alone than we found in 95.1% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Collins Ave / NE 175th Ter neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.8% of the neighborhoods in FL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Collins Ave / NE 175th Ter neighborhood has a greater percentage of residents born in another country (88.6%) than are found in 100.0% of all U.S. neighborhoods.
Did you know that the Collins Ave / NE 175th Ter neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.3% of this neighborhood's residents have Ukrainian ancestry and 10.8% have Russian ancestry.
Collins Ave / NE 175th Ter is also pretty special linguistically. Significantly, 7.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Collins Ave / NE 175th Ter neighborhood in Sunny Isles Beach are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.5% of U.S. neighborhoods. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.9% of U.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 Collins Ave / NE 175th Ter neighborhood, 67.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 12.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.3%), and 6.0% in clerical, assistant, and tech support occupations.
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 Collins Ave / NE 175th Ter neighborhood is Spanish, spoken by 47.0% of households. Other important languages spoken here include English, Russian and Arabic.
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 Collins Ave / NE 175th Ter neighborhood in Sunny Isles Beach, FL, residents most commonly identify their ethnicity or ancestry as South American (28.8%). There are also a number of people of Cuban ancestry (17.8%), and residents who report Russian roots (10.8%), and some of the residents are also of Ukrainian ancestry (10.3%), along with some Canadian ancestry residents (3.3%), among others. In addition, 88.6% of the residents of this neighborhood were born in another country.
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 Collins Ave / NE 175th Ter neighborhood spend under 15 minutes commuting one-way to work (33.8% of working residents), one of the shortest commutes across America.
Here most residents (68.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.7%) and 5.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.