Española Way Eviction Risk: Elevated , Miami Beach

Against the Miami-Dade County average of 4.6, this tract reads riskier for landlords by 2.7 points. What pushes it up most is tenant-organizing strength at 9.6/10. Annualized rent equals 48% of average household income of $41,263, past the 30% affordability line, which thins the margin any screening standard has to work with.

This is renter territory: 84% of occupied units are tenant-occupied. Running cool, eviction-process difficulty reads 1.2/10.

On the high side, rent-regulation exposure reads 8.6/10. The poverty rate is 24%, which in this model reads as reduced rent-recovery odds after a judgment.

Adults with no health insurance runs 22.4% against 11.3% nationally. Princeton's Eviction Lab logged 78 filings here across 2 tracked years.

At $1,660 a month, rents run 9% under what the rest of Miami Beach commands. The worst year on record was 2015, when 4.7% of renter households were served.

In the 1930s the federal Home Owners' Loan Corporation graded this ground B ("Still Desirable"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today. In a typical year about 4.1% of renter households face a filing.

On the national scale it lands near the 87th percentile of the 84,120 tracts scored.

Tract-level figures come from the ACS 5-year release and are rebuilt whenever that, the court-record feed, or the statutory ledger behind the score changes.