Miami-Dade County Real Estate - Miami Beach

Miami Beach is a resort city located on a series of barrier islands located between Biscayne Bay and the Atlantic Ocean.  The city's main economic driver is tourism and it has a population of approximately 88,000.  The city's origins lie in the 1870 purchase of the land by Henry and Charles Lum.  The land was purchased for 25 cents an acre and its development continued in the following decades with the planting of coconut, avocado, and various other fruit plantations.  Chartered in March 1915, Miami Beach became a city in 1917.

Miami Beach exists in four different zip codes 33139, 33140, and 33141.  The main three neighborhoods in Miami Beach are South Beach, Mid Beach, and North Beach.  South Beach covers most of the 33139 zip code, Mid-Beach exists in both 33140 and parts of 33139, and North beach covers both the 33140 and 33141 zip codes.

South beach is the biggest and most populous neighborhood in Miami beach.  It has a population of approximately 39,000.  South Beach is known for its status as a popular entertainment destination, as it is home to many upmarket restaurants, hotels, and nightclubs.  South Beach's major thoroughfare, Ocean Drive, is the center of the famous Miami Art Deco district.  The road starts at Miami Beach's southernmost point, South Pointe Park, and runs north through the city stopping at 15th street.

Mid-Beach is Miami Beach's smallest and least populous section, home to about 10,000 people.  The area is mostly residential, and its most notable neighborhoods include Oceanfront, Bayshore, and Nautilus.  Mid-Beach is known for being home to a series of high-end houses known as millionaire's row.

The northernmost section of Miami Beach, North Beach, is home to approximately 28,000 residents.  North Beach's most populous neighborhood, Isles of Normandy, is located on the eastern shore of Biscayne Bay.  It has a population of approximately 9,000.  Other neighborhoods located in this section of the city include Biscayne Pointe and La Gorce.

Miami Beach is among the fastest growing cities in the US.  Its location and residents have created a subculture unique to Miami Beach and distinct from that of Miami.  Spanish is a first language for more than half of Miami Beach's citizens, as 53% of the city's population is made up of Latin American immigrants and their descendants.  Non-hispanic caucasians account for about 40% of the population and the remaining 7% of the population is made up of African and Aisian Americans, as well as mixed raced citizens.

Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 87,779.

The median age for residents of Miami Beach is 40.3. Around 14.9% of Miami Beach households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 87.3% of the Miami Beach population are White, 4.3% are Black or African American, .2% American Indian, 1.8% Asian and 2.6% are Two or more Races. Miami Beach has a significant Hispanic population. 53% (46,564) of Miami Beach residents are of Hispanic or Latino origin. Of these 3.32% are of Mexican origin, 6.96% Puerto Rican, 37.79% Cuban and 51.91% are of other Hispanic or Latino origin.

There are 67,499 housing units in Miami Beach. 20,331 (30.1%) of these were reported as vacant in the 2010 Census. Miami Beach is a tourist destination, 58.9% (11,988) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 33,960 residential rental units in Miami Beach. 28,974 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Miami Beach 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 
1545 Pennsylvania Ave Multi-family - less than 10 units 3,589 A
1560 Pennsylvania Ave 225 Condominium 436 B
1560 Pennsylvania Ave 220 Condominium 648 B
1560 Pennsylvania Ave 212 Condominium 436 B
1560 Pennsylvania Ave 211 Condominium 436 B
1560 Pennsylvania Ave 210 Condominium 648 B
1560 Pennsylvania Ave 223 Condominium 436 B
1560 Pennsylvania Ave 224 Condominium 588 B
1560 Pennsylvania Ave 217 Condominium 436 B
1560 Pennsylvania Ave 218 Condominium 653 B
1560 Pennsylvania Ave 221 Condominium 436 B
1560 Pennsylvania Ave 216 Condominium 436 B
1560 Pennsylvania Ave 227 Condominium 436 B
1560 Pennsylvania Ave 215 Condominium 436 B
1560 Pennsylvania Ave 214 Condominium 588 B
1560 Pennsylvania Ave 213 Condominium 436 B
1560 Pennsylvania Ave 226 Condominium 436 B
1560 Pennsylvania Ave 222 Condominium 436 B
1560 Pennsylvania Ave 228 Condominium 653 B
1571 Pennsylvania Ave 7s Condominium 520 B
1568 Pennsylvania Ave 310 Condominium 654 B
1571 Pennsylvania Ave 8s Condominium 600 B
1568 Pennsylvania Ave 317 Condominium 425 B
1568 Pennsylvania Ave 324 Condominium 425 B
1571 Pennsylvania Ave 21 Condominium 440 B
1571 Pennsylvania Ave 10s Condominium 810 B
1568 Pennsylvania Ave 311 Condominium 425 B
1571 Pennsylvania Ave 3s Condominium 570 B
1568 Pennsylvania Ave 325 Condominium 425 B
1568 Pennsylvania Ave 318 Condominium 654 B
1568 Pennsylvania Ave 327 Condominium 425 B
1568 Pennsylvania Ave 320 Condominium 654 B
1571 Pennsylvania Ave 9s Condominium 540 B
1571 Pennsylvania Ave 4s Condominium 540 B
1568 Pennsylvania Ave 321 Condominium 425 B
1568 Pennsylvania Ave 312 Condominium 425 B
1571 Pennsylvania Ave 5s Condominium 850 B
1568 Pennsylvania Ave 314 Condominium 425 B
1568 Pennsylvania Ave 328 Condominium 654 B
1568 Pennsylvania Ave 316 Condominium 425 B
1568 Pennsylvania Ave 326 Condominium 425 B
1571 Pennsylvania Ave 2s Condominium 520 B
1568 Pennsylvania Ave 322 Condominium 425 B
1571 Pennsylvania Ave 6s Condominium 790 B
1571 Pennsylvania Ave 1s Condominium 790 B
1568 Pennsylvania Ave 315 Condominium 425 B
1568 Pennsylvania Ave 323 Condominium 425 B
1568 Pennsylvania Ave 313 Condominium 425 B
1555 Pennsylvania Ave 207 Condominium 428 B

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,115 per year. The top 10% earn more than $176,321 per year. The top 1% earn more than $695,784 per year. Most renters earn between $28,044 (20th percentile) and $55,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

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 $1,035. Most renters earn between $2,337 and $4,644 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 7%.

Nearby Companies

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Alice Clean Services, LLC
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Sobe Nightlife LLC
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El Padovan, Inc.
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Emma 1518 Inc.
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The Local Cuban, LLC
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Love Life Time Out, LLC
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Humay LLC
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Camote LLC
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Bakodoks LLC
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Jessica Chan Beauty LLC
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Gymage Miami, Inc
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Sunset Apartments LLC
1545 Drexel Ave
Gupeco Enterprise, LLC
1545 Drexel Ave
Beat By Brenna LLC
1545 Drexel Ave
Topaz Aero LLC
1545 Pennsylvania Ave
Topaz Assets Inc.
1545 Pennsylvania Ave
J.P. A/C Air Conditioning, Inc.
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Vooia Global LLC
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Heartprints, Inc.
1573 Pennsylvania Ave
Meridia Usa LLC
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Ms Costruzioni Inc.
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Primerose Miami LLC
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Leila Miami LLC
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Mind Your Mind LLC
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K M Beach LLC.
1555 Pennsylvania Ave
Lancellotti Properties, LLC
1550 Pennsylvania Ave
The Auxury Group LLC
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Arguimbaud International LLC
1550 Pennsylvania Ave
General Home Service Solutions LLC
1550 Pennsylvania Ave
Lorema, Inc
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Steve Gondos Enterprises Inc.
1550 Pennsylvania Ave
Carey Consulting, Inc.
1555 Pennsylvania Ave
Circa63, LLC
1555 Pennsylvania Ave
First On Penn 102 LLC
1622 Pennsylvania Ave
Senyo LLC
1610 Pennsylvania Ave
Ixoo, LLC
1610 Pennsylvania Ave
Dialysis Access Specialists, LLC
1620 Pennsylvania Ave
Gue Tech LLC
1620 Pennsylvania Ave
Alessandri & Associates, LLC
1614 Pennsylvania Ave
Grados & Associates, LLC
1614 Pennsylvania Ave
Luis A Grados, Pa
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Orange Internet Solutions Inc
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C Xclusive Music LLC
1611 Pennsylvania Ave
Corallo Inc
1600 Pennsylvania Ave
M.G.A. 2015 Inc
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Eddy Venezia Inc
1600 Pennsylvania Ave
Pokm LLC
1612 Pennsylvania Ave #5
Edos International, Inc.
1604 Drexel Ave
Bianco E Nero LLC
1526 Pennsylvania Ave
Orchidea Selvaggia LLC
1526 Pennsylvania Ave
Penn Plaza Association, Inc.
1530 Pennsylvania Ave
First On Lincoln 106 LLC
1526 Pennsylvania Ave
Maeva Holding LLC
1525 Pennsylvania Ave
Flp Group, Inc
600 15th Street Ste 10
Tmg Realty Holdings, LLC
1545 Euclid Ave
Freeforms, LLC
1545 Euclid Ave
Cinerobots LLC
1545 Euclid Ave
Disclaimers and Disclosures

Public Records Data

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