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 
9595 Sw 39 St Multi-family - less than 10 units 2,542 B
9625 Sw 39 St Single Family 2,817 B
9559 Sw 39 St Single Family 1,974 B
3801 Sw 97 Ave Church 21,630 B
9535 Sw 39 St Single Family 1,877 B
9600 Sw 39 St Multi-family - less than 10 units 1,632 B
9540 Sw 39 St Multi-family - less than 10 units 1,555 B
9511 Sw 39 St Multi-family - less than 10 units 2,126 B
9675 Sw 40 St Drive-in Restaurant 4,469 B
9520 Sw 39 St Multi-family - less than 10 units 2,133 B
3820 Sw 95 Ave Multi-family - less than 10 units 6,230 B
9510 Sw 39 St Single Family 963 B
9501 Sw 39 St Single Family 933 B
9611 Sw 40 St Professional service building 4,708 B
9500 Sw 38 St Multi-family - less than 10 units 1,907 B
9601 Sw 40 St Professional service building 2,563 B
9543 Sw 38 St Single Family 2,531 B
9541 Sw 38 St Single Family 1,742 B
3799 Sw 97 Ave Single Family 3,419 B
3783 Sw 97 Ave Single Family 1,915 B
9533 Sw 38 St Single Family 1,923 B
3900 Sw 95 Ave Single Family 1,188 B
9531 Sw 38 St Single Family 1,822 B
9521 Sw 40 St Store, one story 8,322 B
9521 Sw 38 St Multi-family - less than 10 units 2,283 B
3781 Sw 97 Ave Single Family 1,895 B
9501 Sw 40 St Store, one story 3,248 B
9511 Sw 38 St Multi-family - less than 10 units 3,309 B
9495 Sw 39 St Single Family 1,729 B
9600 Sw 37 St Multi-family - less than 10 units 1,681 B
9700 Sw 37 Ter Multi-family - less than 10 units 2,720 B
9494 Sw 39 St Single Family 943 B
9540 Sw 37 St Multi-family - less than 10 units 1,691 B
3811 Sw 95 Ave Single Family 2,750 B
3725 Sw 97 Ave Single Family 2,177 B
9530 Sw 37 St Multi-family - less than 10 units 1,691 B
9501 Sw 38 St Multi-family - less than 10 units 2,755 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.

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%.

Nearby Companies

Luna 11, Inc.
3783 Sw 97 Avenue
La Vina Del Senor, Inc.
3801 Sw 97 Avenue
Mediterranio Tire, Corp.
9554 Sw 40th St
Perez Tabarez LLC
9511 Sw 39 St
Lopez Paver Systems, Inc.
9559 Sw 39th St
Revest Ecom LLC
9535 Sw 39 St
Revest Partners, Inc
9535 Sw 39 St
Ryan Valle P.A.
9535 Sw 39 St
Puritan Enterprises, LLC
9675 Sw 40th St
Araya, Inc.
9582 Sw 40th St
Bruzual, Inc.
9582 Sw 40th St
Guirimar, Inc.
9582 Sw 40th St
The Baseball Club LLC
9590 Sw 40 Street
B. W. Usa, Corp.
9588 Sw 40th St
Dental Family Center, LLC
9584 Sw 40 Street
Lsr1919, Inc
9582 Sw 40 Street
Dade Soft LLC
9580 Bird Road 2nd Floor
Iron Strength Corp
9568 Sw 40th St
Aerolineas De Cuba Corp
9560 Sw 40th St
Rostran Fabrications Inc
9703 Sw 37th Ter
Coronado Auto Repairs Corp
9703 Sw 37th Ter
Disclaimers and Disclosures

Public Records Data

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