December 14, 2007, Newsletter Issue #136: South Miami
Tip of the Week
South Miami spans about 2.3 square miles and houses approximately 11,000 people. This is a neighborhood that is largely native born is their government is very focused on redevelopment and growth.
In fact, in April of 2005, South Miami's Historic Preservation Board received an award for securing a historic designation for the Cambridge Lawns district of South Miami. The homes were built in the late 1920's and early 1930's and this is the first area with this designation. They have also recently revitalized the downtown area and are creating more and more incentive programs to bring in businesses and new sources of revenue.
The current average South Miami income is approximately $43,000.00 per year with an average home value of about $170,000.00. This is an up and coming neighborhood with a city commission with an eye toward redevelopment and growth.
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