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 
2515 Sw 107 Ct Single Family 2,017 B
2580 Sw 107 Ave Professional service building 6,411 B
2525 Sw 107 Ct Single Family 2,628 B
10720 Sw 26 St Single Family 1,710 B
10710 Sw 26 St Single Family 1,897 B
10770 Sw 26 St Single Family 1,817 B
2500 Sw 107 Ave Store, one story 39,944 B
10785 Sw 26 St Single Family 1,787 B
2526 Sw 107 Ct Single Family 2,084 B
10700 Sw 26 St Single Family 1,728 B
2621 Sw 107 Ct Single Family 1,966 B
10780 Sw 26 St Single Family 2,503 B
2614 Sw 107 Ct Single Family 1,360 B
2620 Sw 107 Ave Single Family 1,937 B
2585 Sw 108 Ave Single Family 2,124 B
2595 Sw 108 Ave Single Family 2,140 B
2575 Sw 108 Ave Single Family 2,301 B
2631 Sw 107 Ct Single Family 2,160 B
10790 Sw 26 St Single Family 1,931 B
2404 Sw 107 Ave Restaurant, cafeteria 2,687 B
2601 Sw 107 Ave Single Family 1,100 B
2624 Sw 107 Ct Single Family 1,679 B
2630 Sw 107 Ave Single Family 2,082 B
2611 Sw 107 Ave Single Family 1,248 B
10736 Sw 24 St Store, one story 34,983 B
2621 Sw 107 Ave Single Family 1,235 B
2561 Sw 107 Ave Single Family 1,886 B
2611 Sw 108 Ave Single Family 2,312 B
10641 Sw 26 Ter Single Family 1,100 B
2541 Sw 107 Ave Single Family 1,406 B
10740 Sw 24 St Professional service building 5,494 B
10721 Sw 27 St Single Family 1,709 B
10710 Sw 24 St Store, one story 3,066 B
10711 Sw 27 St Single Family 2,192 B
2501 Sw 107 Ave Single Family 1,859 B
10620 Sw 26 St Single Family 1,340 B
10751 Sw 27 St Single Family 1,922 B
10700 Coral Way Store, one story 3,779 B
2651 Sw 107 Ave Single Family 1,394 B
2621 Sw 108 Ave Single Family 1,947 B
10631 Sw 26 Ter Single Family 1,499 B
10625 Sw 26 St Single Family 1,531 B
10701 Sw 27 St Single Family 2,056 B
2540 Sw 108 Ave Single Family 2,175 B
2500 Sw 108 Ave Single Family 2,145 B
10610 Sw 26 St Single Family 1,223 B
2661 Sw 107 Ave Single Family 1,499 B
10761 Sw 27 St Single Family 1,721 B

Local Household Income

The median household income in this part of Florida is $56,410. The bottom 10% of the population earn less than $18,731 per year. The top 10% earn more than $141,318 per year. The top 1% earn more than $389,679 per year. Most renters earn between $28,284 (20th percentile) and $45,348 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,820 and $141,025.

The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $126,278 per year who should qualify for a mortgage between $252,556 and $315,695.

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 $1,290. Most renters earn between $2,357 and $3,779 per month. They typically spend 45% of their monthly income on rent. Most rents fall in the $1,001 (20th percentile) to $1,701 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $1,847 per month and a monthly household income of $4,052 ($48,624 per year)

Nearby Companies

Dade County Deals LLC
2621 Sw 107 Ct
Alma Ministries, Inc.
2525 Sw 107th Ct
Erm Enterprises, Corp.
2500 Sw 107 Avenue
Dr. Ofilio Arguello, M.D., P.A.
2500 Sw 107th Avenue #36
Care Angels Adult Center, Inc.
2500 Sw 107 Avenue
Two Angels Corporation
2500 Sw 107th Ave
Nespral Insurance, Inc.
2500 Sw 107th Ave
Peter Pan Learning Center Inc.
2500 Sw 107th Ave
Songo Sounds Records, Inc.
2500 S W 107 Ave
Flowerapp LLC
2500 Sw 107 Ave #8
Vip Laser Inc
2500 Sw 107 Ave
Horcon LLC
2500 Sw 107 Ave
Komet Supply LLC
2500 Sw 107 Ave
Fenix Air, Inc.
2500 Sw 107 Ave
Olga'S Banquet Hall, Corp.
2500 Sw 107 Ave
Agf Trucking, LLC.
2621 Sw 107th Ave
Yp Wood Services Inc
2620 Sw 107 Ave
Coya Medical Center P.A.
2580 Sw 107th Ave
Bluecuba Travels Agency Inc
2500 Sw 107 Ave Suite 24
Vip Laser Franchise LLC
2500 Sw 107 Ave
Tari Gonzalez, Pa
2500 Sw 107 Ave
Je & Zo Jewelry Corp Ii
2500 Sw 107 Ave
A Plus Credit Services LLC
2500 Sw 107th Ave
Impoesthetic, LLC
2500 Sw 107th Ave
Excellent Care Services, Inc.
2500 Sw 107th Ave
Danubio Spa LLC
2500 Sw 107 Avenue
Valid Mde, Inc.
10810 Sw 25 Street
De Hernandez-Jorcano Inc
10810 Sw 25 St
Liliam Rodriguez Dds Pa
10780 Sw 26th St
Jtaylor Insurance Corp
2630 Sw 107 Ave
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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