Miami-Dade County Real Estate - Miami

Miami

Miami is Florida's second most populous city. Miami is also the second largest US city with a Spanish speaking majority, which accounts for its nickname of "the capital of Latin America." Industries with the largest influence in Miami include commerce, finance, and international business. Miami is home to the headquarters of many large businesses including Burger King, US Century Bank, Caribbean Cruise Lines, and World Fuel Services. The port of Miami is one of the nation's busiest ports and contributes $18 billion to the city's economy. The largest employers in Miami are Miami-Dade County Public Schools, Miami-Dade County, United States Government, Florida Government, University of Miami, and Baptist Health South Florida.

Miami is in South East Florida. It's population as recorded in the 2010 Census was 399,457.

The median age for residents of Miami is 38.8. Around 27.3% of Miami households include school aged children and 29.9% of households include individuals aged 65 years or over. Census records indicate 72.5% of the Miami population are White, 19.2% are Black or African American, .2% American Indian, .9% Asian and 2.6% are Two or more Races. Miami has a significant Hispanic population. 69.9% (279,456) of Miami residents are of Hispanic or Latino origin. Of these 2.08% are of Mexican origin, 4.57% Puerto Rican, 49.13% Cuban and 44.2% are of other Hispanic or Latino origin.

There are 183,994 housing units in Miami. 25,677 (13.9%) of these were reported as vacant in the 2010 Census. There are 118,493 residential rental units in Miami. 107,131 of them were occupied in 2010 providing a residential rental vacancy rate of 9.2%.

Miami links:

Miami-Dade County

Miami-Dade County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Palm Beach, Broward, and Monroe counties. Miami Dade County has 35 cities and incorporates many different geographical areas. The north, central, and east regions are heavily urbanized, with many large skyscrapers and a dense population. The southern region of Miami-Dade County is sparsely populated and is the heart of Miami-Dade's agricultural economy. The western region of the county includes the Everglades National Park and is inhabited only by a tribal village. The county is home to around 2.5 million people, making it the most populous in Florida and number seven in the country.

Major industries for this county are tourism, international trade, international banking, and transportation. Top public employers are Miami-Dade County Public Schools, Miami-Dade County, the Federal Government, Florida State Government, and Jackson Health Systems. Major private employers include the University of Miami, Baptist Health South Florida, Publix Supermarkets, American Airlines, and Precision Response Corporation.

The county's seat and largest city is Miami. Miami's close proximity to Latin America and the Caribbean makes it the center for international trade with those areas. The city?s population is 70% Hispanic. The concentration of Latin American businesses and international banks in the city has given it the nickname ?Capital of Latin America?. PortMiami acts as one of the largest cruise spots in the world. Miami International Airport is one of the busiest ports of entry for foreign travelers and handles the most international air cargo of any airport in the country.

Miami-Dade is also a major tourist destination, especially in the city of Miami Beach. The historic 1920s Art Deco hotels on Ocean Drive are well-known landmarks, many of which have historic designations. Visitors enjoy the warm weather, sandy beaches, and nightlife of South Beach. It is also a major convention destination. The annual Art Basel Miami and its satellite fairs bring the foremost art collectors to South Beach and the Miami neighborhood of Wynwood.

Miami-Dade County is home to numerous large universities including the private University of Miami, public Florida International University, and Catholic Barry University. The county is also home to historically-black Florida Memorial University and Miami Dade College, the second-largest public university in the nation by enrollment. The Miami-Dade County Public School System is the fifth-largest in the nation.

Neighboring Properties

AddressTypeSq FtClass 
6814 Nw 18 Ave Government Undefined 0 L
1810 Nw 68 Ter Single Family 855 C
1814 Nw 68 Ter Single Family 855 C
1811 Nw 68 St Single Family 1,153 C
6800 Nw 18 Ave Store, one story 1,363 B
6829 Nw 18 Ave Single Family 1,171 C
6825 Nw 18 Ave Vacant Residential 0 L
1813 Nw 68 St Single Family 1,153 C
6838 Nw 18 Ave Store, one story 1,467 B
1821 Nw 68 Ter Single Family 1,153 C
1823 Nw 68 Ter Single Family 1,019 C
6805 Nw 18 Ave Vacant Commercial 0 L
6848 Nw 18 Ave Vacant Commercial 0 L
1821 Nw 68 St Single Family 1,153 C
1825 Nw 68 Ter Single Family 673 C
1782 Nw 68 Ter Vacant Residential 0 L
6870 Nw 18 Ave Vacant Commercial 0 L
1823 Nw 68 St Single Family 991 C
6728 Nw 18 Ave Store, one story 975 B
1789 Nw 68 St Vacant Residential 1,079 L
1810 Nw 69 St Single Family 953 C
1781 Nw 68 Ter Government Undefined 0 L
1780 Nw 68 Ter Vacant Residential 0 L
1812 Nw 68 St Single Family 776 C
1820 Nw 69 St Single Family 1,053 C
6720 Nw 18 Ave Store, one story 707 B
1832 Nw 68 Ter Multi-family - less than 10 units 1,885 C
1820 Nw 68 St Single Family 891 C
6874 Nw 18 Ave Single Family 715 C
1787 Nw 68 St Single Family 1,073 C
1831 Nw 68 Ter Vacant Residential 0 L
1826 Nw 69 St Single Family 1,153 C
6715 Nw 18 Ave Restaurant, cafeteria 450 B
1777 Nw 68 Ter Government Undefined 0 L
1822 Nw 68 St Single Family 995 C
6875 Nw 18 Ave Government Undefined 0 L
1766 Nw 68 Ter Vacant Residential 0 L
6714 Nw 18 Ave Vacant Commercial 0 L
1827 Nw 68 St Single Family 1,153 C
1838 Nw 69 St Single Family 1,153 C
1769 Nw 68 St Single Family 1,097 C
6711 Nw 18 Ave Vacant Commercial 0 L
1824 Nw 68 St Single Family 702 C
1833 Nw 68 Ter Single Family 907 C
1763 Nw 68 Ter Vacant Residential 0 L
6707 Nw 18 Ave Vacant Commercial 0 L
1854 Nw 68 Ter Government Undefined 0 L
1840 Nw 69 St Single Family 896 C
1760 Nw 68 Ter Vacant Residential 0 L

Local Household Income

The median household income in this part of Florida is $48,090. The bottom 10% of the population earn less than $11,600 per year. The top 10% earn more than $204,284 per year. The top 1% earn more than $689,441 per year. Most renters earn between $23,868 (20th percentile) and $50,244 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $96,180 and $120,225.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $987. Most renters earn between $1,989 and $4,187 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $649 (20th percentile) to $1,498 (80th percentile) range. The residential vacancy rate is 8%.

Nearby Companies

Al Karak Enterprises, Inc
6701 Nw 18 Avenue
Sips Cafe, LLC
6715 Nw 18 Ave
A Unique Joint Inc.,
6800 Nw 18th Ave
Mcclain Signature Services LLC
1811 Nw 69 Street
Ranmase Enterprise LLC
1878 Nw 68th St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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