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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

9102 W Bay Harbor Dr 8d Bay Harbor Islands, FL 33154

0 Beds 0 Baths 1,820 sqft Built 1970
Last updated:  Jan 23, 2020

INVESTimate

$768,063

$736K - $800K

Price Est.

$3,486

$3.0K - $4.0K

Rent Est.

$800,091  ( +4.17%)   1 YR EST. FORECAST
  
  
  

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9102 W Bay Harbor Dr 8d PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $422.01
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,820 sqft
  • Baths : 0 Full

9102 W Bay Harbor Dr 8d SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

MIAMI BEACH

  • 14,013

    POPULATION
  • 5,840

    HOUSEHOLDS
  • 83.0%

    WHITE COLLAR

Neighborhood : MIAMI BEACH

HOUSEHOLDS
5,840
POPULATION

14,013

49.8%Renters
50.2%Home Owners
LABOR FORCE

 

83.0%White Collar
17.0%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 $3,486 per month.

MY RENT : $3,486 MEDIAN RENT : $3,362

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 $3,486 would therefore be considered affordable for annual household incomes greater than $139,440 (12 months x 3.333 x $3,486).

Rent % Affordability
Above $500 85.4%
Above $700 79.3%
Above $1,100 64.6%
Above $1,500 56.6%
Above $1,900 45.9%
HOUSEHOLD INCOME RANGE

Approximately 883 of households in this neighborhood have a total annual income of $139,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,486 per month.

MINIMUM INCOME RANGE : $139,440

Income % Distribution
<$20K 14.6%
$20K-$35K 11.7%
$35K-$60K 17.1%
$60K-$100K 22.4%
>=$100K 34.2%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 7.1%
10-14 mins 11.5%
15-19 mins 7.4%
20-29 mins 21.2%
30-44 mins 26.9%
45-59 mins 14.0%
>60 mins 7.6%
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 $3,486 per month.

MY RENT : $3,486 MEDIAN RENT : $3,362

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 $3,486 would therefore be considered affordable for annual household incomes greater than $139,440 (12 months x 3.333 x $3,486).

Rent % Affordability
Above $500 85.4%
Above $700 79.3%
Above $1,100 64.6%
Above $1,500 56.6%
Above $1,900 45.9%
HOUSEHOLD INCOME RANGE

Approximately 883 of households in this neighborhood have a total annual income of $139,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,486 per month.

MINIMUM INCOME RANGE : $139,440

Income % Distribution
<$20K 14.6%
$20K-$35K 11.7%
$35K-$60K 17.1%
$60K-$100K 22.4%
>=$100K 34.2%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 7.1%
10-14 mins 11.5%
15-19 mins 7.4%
20-29 mins 21.2%
30-44 mins 26.9%
45-59 mins 14.0%
>60 mins 7.6%

MIAMI BEACH Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.6%
Educational Services 7.7%
Health Care & Social Assistance 10.1%
Professional & Scientific Tech Services 14.3%
Real Estate 7.3%
Retail & Wholesale Trader 13.8%
Other 36.2%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 32% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 23.6%
15-19 4.1%
20-24 3.8%
25-44 25.5%
45-65 22.2%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Adesm 8.0%
Construction 3.9%
Education 3.8%
Healthcare 7.4%
Management, Business, & Financial 32.4%
Sales & Office 27.2%
Other 17.4%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 11.0%
Masters Degree 12.8%
Professional 8.0%
Some College 17.8%
Other 43.0%

9102 W Bay Harbor Dr 8d Comps

Sorry, we do not have sufficient data available.

9102 W Bay Harbor Dr 8d, Bay Harbor Islands, FL 33154 is a single family home of 1,820 sqft. HomeUnion INVESTimateĀ® for 9102 W Bay Harbor Dr 8d includes a Price Estimate of $768,063 and a Rent Estimate of $3,486. This single family home has 0 bedrooms,0 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 5.45% and Total Return of 12.79%. The estimated 1 year forecast in home value for 9102 W Bay Harbor Dr 8d is 4.17%.

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 33154 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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