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South Bay, FL Real Estate


According to census data in the year 2000 there were 947 housing units in South Bay. This represents a 21.9% decline from 1,213 in 1990.

Of those housing units, 898 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.

Homeownership rate in South Bay is about 58.8%. South Bay's vacancy rate, including seasonal lodging, is about 13.9%. Average household size is 3.35 people.

The majority of houses, apartments or condos in South Bay were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type8.20%
One Bedroom27.20%
Two Bedrooms29.80%
Three Bedrooms26.60%
Four Bedrooms8.10%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.46
Median year structure was built1973
Median Value of occupied units$70,100

Rented Homes, Apartments and Condos

Average Household Size3.2
Median year structure was built1976
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan4.30%
Simple Mortgage44.40%
Debt Free45.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%