Española Way Eviction Risk: Moderate , Miami Beach

91% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. 28% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears.

Set annual rent against average income of $75,750 and the ratio lands at 38%, above the conventional 30% ceiling. Running cool, eviction-process difficulty reads 1.2/10.

Average gross rent is $2,400, 31% above the Miami Beach average. 47% of renter households cross the 30%-of-income line, well below the Miami-Dade County average of 57.9%. Sitting well above the midpoint, rent-regulation exposure reads 8.6/10.

It sits 0.9 points above the Miami-Dade County average of 4.6. 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. On the national scale it lands near the 72nd percentile of the 84,120 tracts scored.

On the CDC Social Vulnerability Index the tract reads 5.4/10, which tracks how hard a shock lands on the households already here. Statewide the FL average is 4.1, so this tract runs 1.4 points hotter.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.