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 
3720 Sw 89 Ave Single Family 1,928 B
3700 Sw 89 Ave Single Family 1,244 B
3730 Sw 89 Ave Single Family 1,302 B
3644 Sw 89 Ave Single Family 992 B
3711 Sw 89 Ct Multi-family - less than 10 units 2,254 B
3725 Sw 89 Ct Multi-family - less than 10 units 2,135 B
3705 Sw 89 Ct Multi-family - less than 10 units 1,525 B
3630 Sw 89 Ave Multi-family - less than 10 units 2,050 B
3735 Sw 89 Ct Multi-family - less than 10 units 1,334 B
3645 Sw 89 Ct Multi-family - less than 10 units 1,640 B
8911 Sw 38 St Single Family 1,167 B
3715 Sw 89 Ave Single Family 1,605 B
8907 Sw 38 St Multi-family - less than 10 units 3,142 B
3725 Sw 89 Ave Single Family 1,250 B
3705 Sw 89 Ave Single Family 2,284 B
8925 Sw 38 St Single Family 1,243 B
3735 Sw 89 Ave Single Family 1,641 B
3620 Sw 89 Ave Single Family 1,198 B
3641 Sw 89 Ct Multi-family - less than 10 units 1,640 B
3695 Sw 89 Ave Single Family 1,008 B
8935 Sw 38 St Single Family 994 B
3745 Sw 89 Ave Single Family 1,183 B
3635 Sw 89 Ave Single Family 1,530 B
3627 Sw 89 Ct Multi-family - less than 10 units 2,215 B
3610 Sw 89 Ave Single Family 1,379 B
8945 Sw 38 St Multi-family - less than 10 units 1,551 B
8887 Sw 38 St Single Family 919 B
3629 Sw 89 Ave Single Family 1,040 B
3710 Sw 88 Pl Single Family 912 B
3621 Sw 89 Ct Multi-family - less than 10 units 2,151 B
3720 Sw 88 Pl Single Family 1,410 B
3700 Sw 88 Pl Single Family 1,924 B
3722 Sw 88 Pl Single Family 993 B
3640 Sw 88 Pl Single Family 1,502 B
8867 Sw 38 St Multi-family - less than 10 units 3,000 B
3615 Sw 89 Ave Single Family 1,496 B
8910 Sw 36 St Multi-family - less than 10 units 2,073 B
3710 Sw 89 Ct Single Family 1,530 B
8930 Sw 38 St Single Family 2,104 B
3600 Sw 89 Ave Multi-family - less than 10 units 1,382 B
3700 Sw 89 Ct Multi-family - less than 10 units 1,514 B
3720 Sw 89 Ct Multi-family - less than 10 units 1,831 B
8928 Sw 36 St Single Family 1,305 B
3800 Sw 89 Ave Single Family 1,233 B
8978 Sw 38 St Single Family 1,613 B
3628 Sw 88 Pl Single Family 794 B
8955 Sw 38 St Single Family 1,326 B
3650 Sw 89 Ct Multi-family - less than 10 units 1,528 B
3740 Sw 89 Ct Single Family 1,994 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 54 of all properties in this area. This suggests it would appeal to someone earning around $62,116 per year who should qualify for a mortgage between $124,232 and $155,290.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$26,865
$53,731
$80,596
$107,461
$62,116

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 54 of all properties in this area. This corresponds to a rent of $1,313 per month and a monthly household income of $2,959 ($35,508 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$195
$1,536
$2,877
$4,217
$5,558
$2,959
$1,313

Nearby Companies

Jl Marble Flooring L.L.C
3700 Sw 88 Pl
A'S Home Services LLC
3720 Sw 88 Pl
Dream Homes 4 You LLC
3710 Sw 88th Pl
Mg&J Plastering Inc
3826 Sw 89 Ct
Yoyo'S Service, LLC
3855 Sw 89 Ct
Posada Trucks.Inc
3828 Sw 89 Ct
Vivian Cabrerizo, P.A.
3801 Sw 89th Ave
Norberth Services, Inc
3815 Sw 89 Ave
Kerb Corporation
8931 Sw 36 St
Dailytrucking Corp.
3743 Sw 89th Ct
Cancio'S Paint Corp
3650 Sw 89 Ct
Rolling Star Transport Inc
3629 Sw 89th Ct
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.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

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