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 
3826 Sw 79 Ave 129 Condominium 815 B
3816 Sw 79 Ave 78 Condominium 1,113 B
3822 Sw 79 Ave 99 Condominium 1,113 B
3826 Sw 79 Ave 135 Condominium 1,113 B
3816 Sw 79 Ave 83 Condominium 1,229 B
3822 Sw 79 Ave 103 Condominium 1,229 B
3826 Sw 79 Ave 131 Condominium 1,229 B
3816 Sw 79 Ave 81 Condominium 815 B
3816 Sw 79 Ave 79 Condominium 1,229 B
3822 Sw 79 Ave 102 Condominium 815 B
3826 Sw 79 Ave 130 Condominium 1,229 B
3822 Sw 79 Ave 105 Condominium 1,113 B
3816 Sw 79 Ave 82 Condominium 1,229 B
3816 Sw 79 Ave 80 Condominium 1,229 B
3826 Sw 79 Ave 134 Condominium 1,229 B
3822 Sw 79 Ave 104 Condominium 1,229 B
3826 Sw 79 Ave 133 Condominium 1,229 B
3822 Sw 79 Ave 101 Condominium 1,229 B
3822 Sw 79 Ave 100 Condominium 1,229 B
3816 Sw 79 Ave 84 Condominium 1,113 B
3818 Sw 79 Ave 87 Condominium 1,229 B
3828 Sw 79 Ave 110 Condominium 1,113 B
3824 Sw 79 Ave 115 Condominium 815 B
3818 Sw 79 Ave 91 Condominium 1,113 B
3824 Sw 79 Ave 113 Condominium 815 B
3820 Sw 79 Ave 96 Condominium 1,229 B
3818 Sw 79 Ave 86 Condominium 1,229 B
3828 Sw 79 Ave 108 Condominium 1,229 B
3820 Sw 79 Ave 94 Condominium 1,229 B
3818 Sw 79 Ave 90 Condominium 1,229 B
3820 Sw 79 Ave 93 Condominium 1,229 B
3824 Sw 79 Ave 114 Condominium 815 B
3820 Sw 79 Ave 92 Condominium 1,113 B
3828 Sw 79 Ave 107 Condominium 1,229 B
3824 Sw 79 Ave 112 Condominium 815 B
3824 Sw 79 Ave 116 Condominium 815 B
3824 Sw 79 Ave 111 Condominium 815 B
3828 Sw 79 Ave 106 Condominium 1,113 B
3818 Sw 79 Ave 85 Condominium 1,113 B
3818 Sw 79 Ave 89 Condominium 1,229 B
3820 Sw 79 Ave 95 Condominium 815 B
3820 Sw 79 Ave 97 Condominium 1,229 B
3820 Sw 79 Ave 98 Condominium 1,113 B
3828 Sw 79 Ave 109 Condominium 1,229 B
3818 Sw 79 Ave 88 Condominium 815 B
3805 Sw 79 Ave 3805 Condominium 542 B
3809 Sw 79 Ave 3809a Condominium 542 B
3809 Sw 79 Ave 3809 Condominium 542 B
3808 Sw 79 Ave 64 Condominium 1,229 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 15 of all properties in this area. This suggests it would appeal to someone earning around $24,531 per year who should qualify for a mortgage between $49,062 and $61,328.

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 15 of all properties in this area. This corresponds to a rent of $915 per month and a monthly household income of $2,210 ($26,520 per year)

Nearby Companies

Jmd Drywall LLC
3903 Sw 78th Ct
Ab & Rb Express Corp
3903 Sw 78th Ct
Lmd Social Corp
3900 Sw 78th Ct Apt 15
J.C. Welding Industrial Corp
3814 Sw 79th Ave
R&R Installation Team Corp
3820 Sw 79 Avenue #96
Ana Paula Fashion Co.
3855 Sw 79th Ave Apt 48
James B. Corporation
7931 Sw 40th St
Hairmania Unisex, Inc.
7931 Sw 40th Street Suite 26
Ivette Media LLC
7931 Sw 40th St
Tutti Fruity Imports Corp
7931 Sw 40 St Suite 27
All Florida Carpet Inc.
7921 Sw 40th Street #58
Fontycar, LLC
7921 Sw 40 Street
Luchetti Bakery, Corp.
7971 Bird Road Ste 16
Abanto Food Corp.
7971 Sw 40th St #17
Jose E. Gallego, P.A.
7951 Bird Rd
Amistad Real Estate, Inc.
7951 Sw 40 Street
Sandra Navarro-Garcia, P.A.
7951 Sw 40th Street Suite 202
Mdr Medical Center Inc.
7951 Sw 40th Street Suite 212
Gabby'S Hot Dogs, Corp.
3802 Sw 79th Ave
Hit Zone Inc.
7900 Sw 40th St
Quality Paving Corp.
7875 Sw 40th St
Smash My Credit, Inc.
7875 Bird Rd
The Complete Canine Corporation
7875 Southwest 40th St
Kadesh Enterprise, LLC
7855 Sw 40 St
Pc 911 24 7 Inc
7867 Bird Rd
Fence Monsters, LLC
7857 Bird Rd
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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