1563 Sunset Rd, Coral Gables
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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1569 Sunset Rd | Mixed use - store and office or store and residential or residential combination | 6,290 | B |
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| 6915 Red Rd | Mixed use - store and office or store and residential or residential combination | 37,389 | B |
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| 1549 Sunset Rd | Store, one story | 14,300 | B |
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| 5600 Sw 72 St | Store, one story | 6,952 | B |
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| 1545 Sunset Rd | Repair service shop (excluding automotive) | 2,702 | B |
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| 5640 Sunset Dr | Store, one story | 8,503 | B |
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| 1575 San Ignacio Ave | Office building, non-professional service building, multi-story | 52,520 | B |
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| 5703 Sw 72 St 5703 | Condominium | 456 | B |
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| 1541 Sunset Rd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 42,099 | B |
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| 7230 Sw 56 Ave | Store, one story | 2,170 | B |
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| 6801 Red Rd | Office building, non-professional service building, multi-story | 159,343 | B |
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| 5705 Sw 72 St 5705 | Condominium | 337 | B |
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| 1535 Sunset Dr | Professional service building | 1,914 | B |
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| 1539 San Ignacio Ave | Office building, non-professional service building, one story | 4,696 | B |
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| 7236 Sw 56 Ave | Store, one story | 2,180 | B |
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| 5700 Sunset Dr | Mixed use - store and office or store and residential or residential combination | 34,901 | B |
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| 5711 Sw 72 St 5711 | Condominium | 383 | B |
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| 5713 Sw 72 St 5713 | Condominium | 431 | B |
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| 5709 Sw 72 St 5709 | Condominium | 384 | B |
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| 5707 Sw 72 St 5707 | Condominium | 455 | B |
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| 1533 Sunset Dr | Office building, non-professional service building, multi-story | 18,147 | B |
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| 5530 Sunset Dr | Office building, non-professional service building, one story | 1,775 | B |
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| 7255 Sw 57 Ave | Store, one story | 12,663 | B |
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| 5719 Sw 72 St 5719 | Condominium | 403 | B |
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| 5715 Sw 72 St 5715 | Condominium | 402 | B |
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| 5717 Sw 72 St 5717 | Condominium | 397 | B |
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| 5734 Sunset Dr | Store, one story | 6,596 | B |
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| 5723 Sw 72 St 5723 | Condominium | 645 | B |
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| 5725 Sw 72 St 5725 | Condominium | 456 | B |
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| 5727 Sw 72 St 5727 | Condominium | 337 | B |
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| 5721 Sw 72 St 5721 | Condominium | 403 | B |
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| 7236 Sw 55 Ave | Single Family | 2,687 | B |
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| 1540 San Remo Ave | Vacant Residential | 0 | L | |
| 5731 Sw 72 St 5731 | Condominium | 384 | B |
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| 5733 Sw 72 St 5733 | Condominium | 383 | B |
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| 5729 Sw 72 St 5729 | Condominium | 455 | B |
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| 5735 Sw 72 St 5735 | Condominium | 645 | B |
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Local Household Income
The median household income in this part of Florida is $77,610. The bottom 10% of the population earn less than $20,775 per year. The top 10% earn more than $310,335 per year. The top 1% earn more than $711,415 per year. Most renters earn between $30,924 (20th percentile) and $55,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $155,220 and $194,025.
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 $1,209. Most renters earn between $2,577 and $4,611 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,661 (80th percentile) range. The residential vacancy rate is 9%.
Nearby Companies
5470 Sunset Dr
5470 Sunset Dr
5470 Sunset Dr
1533 Sunset Dr
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1533 Sunset Dr
1533 Sunset Dr
6915 Sw 57 Ave
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6915 Sw 57th Ave
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1553 San Ignacio Ave
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6705 Red Rd Ste 510
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6705 Sw 57th Ave Suite 408
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5616 Sunset Dr
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5610 Sunset Dr
5604 Sunset Dr
6929 Red Rd
1902 Elsa St
6915 Red Rd
6915 Sw 57 Avenue
6907 Red Rd
6915 Red Rd
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7210 Sw 57 Avenue
5724 Sunset Dr
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5701 Sunset Drive #134
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10006 Bennington Dr
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7216 Sw 57 Ave
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7210 Red Road Suite #218
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7297 Sw 57 Avenue
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7250 S W 57 Avenue
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7259 Red Rd
2018 Mayo St
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7236 Sw 56th Ave
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5530 Sunset Dr
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7225 Sw 55th Ave
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5740 Sunset Dr
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