South Central Beach / Hollywood Beach median real estate price is $700,706, which is more expensive than 77.6% of the neighborhoods in Florida and 78.1% of the neighborhoods in the U.S.
The average rental price in South Central Beach / Hollywood Beach is currently $3,647, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2% of the neighborhoods in Florida.
South Central Beach / Hollywood Beach is a densely urban neighborhood (based on population density) located in Hollywood, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
South Central Beach / Hollywood Beach 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the South Central Beach / Hollywood Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in South Central Beach / Hollywood Beach. The current real estate vacancy rate here is 60.8%. This is higher than the rate of vacancies in 99.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (51.7%). 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 Hollywood, the South Central Beach / Hollywood Beach neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like crowded places, then you will probably enjoy the the South Central Beach / Hollywood Beach neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.5% of neighborhoods in the U.S., with 22,314 people per square mile living here. Do you like a coastal setting? If so, this neighborhood may be to your liking. The South Central Beach / Hollywood Beach neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, South Central Beach / Hollywood Beach 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, despite all of the residential real estate here in the South Central Beach / Hollywood Beach neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 60.8%, which is higher than 99.4% of all U.S. neighborhoods.
Furthermore, one of the really unique and interesting things about the look and setting of the South Central Beach / Hollywood Beach neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.2% of all neighborhoods in America.
Also of note, the South Central Beach / Hollywood Beach neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 89.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
If you're planning where to retire, the South Central Beach / Hollywood Beach neighborhood in Hollywood is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.0% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.
Did you know that the South Central Beach / Hollywood Beach neighborhood has more Russian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.7% of this neighborhood's residents have Russian ancestry and 2.8% have Armenian ancestry.
South Central Beach / Hollywood Beach is also pretty special linguistically. Significantly, 3.7% 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 99.5% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the South Central Beach / Hollywood Beach neighborhood has a greater percentage of residents born in another country (52.3%) than are found in 98.1% of all U.S. neighborhoods.
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 South Central Beach / Hollywood Beach neighborhood in Hollywood are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.7% of the neighborhoods in America. In addition, 9.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 51.5% of America'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 South Central Beach / Hollywood Beach neighborhood, 64.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 15.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.7%), and 6.5% 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 South Central Beach / Hollywood Beach neighborhood is English, spoken by 41.4% of households. Other important languages spoken here include Spanish, Russian, Italian and Polish.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the South Central Beach / Hollywood Beach neighborhood in Hollywood, FL, residents most commonly identify their ethnicity or ancestry as South American (11.4%). There are also a number of people of German ancestry (8.8%), and residents who report Russian roots (8.7%), and some of the residents are also of Italian ancestry (6.7%), along with some Cuban ancestry residents (6.2%), among others. In addition, 52.3% 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 South Central Beach / Hollywood Beach neighborhood spend between 45 minutes and one hour commuting one-way to work (29.2% of working residents), longer and tougher than most commutes in America.
Here most residents (61.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.