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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

19150 N Bay Rd Sunny Isles Beach, FL 33160

3 Beds 2 Baths 2,687 sqft Built 1979
Last updated:  Oct 23, 2019

INVESTimate

$2,419,555

$2.31M - $2.53M

Price Est.

$7,508

$6.5K - $8.5K

Rent Est.

$2,536,661  ( +4.84%)   1 YR EST. FORECAST
  
  
  

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19150 N Bay Rd PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $900.47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,687 sqft
  • Baths : 2 Full

19150 N Bay Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HIGHLAND OAKS MIDDLE SCHOOL Middle Regular 1,238 57 7
ALONZO AND TRACY MOURNING SENIOR HIGH SCHOOL High Unknown NA

HIGHLAND OAKS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 57
7
GreatSchools Rating

ALONZO AND TRACY MOURNING SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Golden Shores Ocean Boulevard Estates

  • 435

    POPULATION
  • 124

    HOUSEHOLDS
  • 91.5%

    WHITE COLLAR

Neighborhood : Golden Shores Ocean Boulevard Estates

HOUSEHOLDS
124
POPULATION

435

23.6%Renters
76.4%Home Owners
LABOR FORCE

 

91.5%White Collar
8.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $7,508 per month.

MY RENT : $7,508 MEDIAN RENT : $3,793

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $7,508 would therefore be considered affordable for annual household incomes greater than $300,320 (12 months x 3.333 x $7,508).

Rent % Affordability
Above $500 70.7%
Above $700 54.0%
Above $1,100 48.8%
Above $1,500 43.9%
Above $1,900 43.5%
HOUSEHOLD INCOME RANGE

Approximately -8 of households in this neighborhood have a total annual income of $300,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $7,508 per month.

MINIMUM INCOME RANGE : $300,320

Income % Distribution
<$20K 29.3%
$20K-$35K 22.0%
$35K-$60K 4.9%
$60K-$100K 9.8%
>=$100K 34.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 10.2%
10-14 mins 0.0%
15-19 mins 13.4%
20-29 mins 26.8%
30-44 mins 18.9%
45-59 mins 10.2%
>60 mins 18.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $7,508 per month.

MY RENT : $7,508 MEDIAN RENT : $3,793

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $7,508 would therefore be considered affordable for annual household incomes greater than $300,320 (12 months x 3.333 x $7,508).

Rent % Affordability
Above $500 70.7%
Above $700 54.0%
Above $1,100 48.8%
Above $1,500 43.9%
Above $1,900 43.5%
HOUSEHOLD INCOME RANGE

Approximately -8 of households in this neighborhood have a total annual income of $300,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $7,508 per month.

MINIMUM INCOME RANGE : $300,320

Income % Distribution
<$20K 29.3%
$20K-$35K 22.0%
$35K-$60K 4.9%
$60K-$100K 9.8%
>=$100K 34.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 10.2%
10-14 mins 0.0%
15-19 mins 13.4%
20-29 mins 26.8%
30-44 mins 18.9%
45-59 mins 10.2%
>60 mins 18.9%

Golden Shores Ocean Boulevard Estates Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 4.7%
Educational Services 18.8%
Financial Industries 7.8%
Professional & Scientific Tech Services 35.2%
Public Administration 3.1%
Retail & Wholesale Trader 11.7%
Other 18.8%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 33% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 30.1%
15-19 3.2%
20-24 0.0%
25-44 25.1%
45-65 22.8%
66+ 18.9%
OCCUPATION

Occupation % Distribution
Clean 2.0%
Computer Engineering 18.0%
Construction 24.0%
Legal 5.0%
Management, Business, & Financial 32.0%
Sales & Office 19.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 18.7%
High School 10.6%
Professional 6.0%
Some College 31.7%
Some High School 7.4%
Other 25.7%

19150 N Bay Rd Comps

Sorry, we do not have sufficient data available.

19150 N Bay Rd, Sunny Isles Beach, FL 33160 is a single family home of 2,687 sqft. HomeUnion INVESTimateĀ® for 19150 N Bay Rd includes a Price Estimate of $2,419,555 and a Rent Estimate of $7,508. This single family home has 3 bedrooms,2 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 3.72% and Total Return of 11.78%. The estimated 1 year forecast in home value for 19150 N Bay Rd is 4.84%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MIAMI-DADE County , or the 33160 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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