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 
4690 Nw 31 Ct Vacant Residential 0 L
4718 Nw 31 Ave Single Family 1,115 B
4626 Nw 31 Ave Vacant Residential 861 L
4781 Nw 31 Ct Single Family 1,435 B
4604 Nw 31 Ct Vacant Residential 0 L
4718 Nw 31 Ct Single Family 807 B
4700 Nw 31 Ct Single Family 1,476 B
4720 Nw 31 Ave Single Family 1,480 B
4680 Nw 31 Ave Vacant Residential 0 L
4615 Nw 31 Ct Government Undefined 0 L
3153 Nw 47 St Single Family 1,062 B
3160 Nw 48 St Single Family 981 B
4780 Nw 31 Ct Single Family 968 B
4624 Nw 31 Ct Government Undefined 0 L
4800 Nw 31 Ave Vacant Residential 0 L
4815 Nw 31 Ct Single Family 1,221 B
4808 Nw 31 Ct Single Family 993 B
3171 Nw 47 St Single Family 1,561 B
3170 Nw 48 St Single Family 1,891 B
3154 Nw 47 St Vacant Residential 0 C
3167 Nw 48 St Single Family 1,340 B
3101 Nw 46 St Store, one story 1,205 B
3120 Nw 48 Ter Single Family 1,385 B
3001 Nw 46 St Vacant Institutional Property 0 L
3100 Nw 48 Ter Single Family 2,112 B
3130 Nw 48 Ter Single Family 1,604 B
3162 Nw 47 St Single Family 2,803 B
3175 Nw 47 St Single Family 1,650 C
3146 Nw 48 Ter Single Family 1,292 B
3174 Nw 48 St Single Family 770 B
3155 Nw 46 St Vacant Commercial 0 L
3171 Nw 48 St Single Family 1,495 B
3148 Nw 48 Ter Single Family 865 B
3163 Nw 46 St Store, one story 1,800 B
3090 Nw 48 Ter Vacant Residential 1,812 L
3174 Nw 47 St Single Family 1,469 B
3175 Nw 48 St Single Family 1,436 B
3160 Nw 48 Ter Single Family 3,305 B
3171 Nw 46 St Store, one story 1,407 B
4719 Nw 32 Ave Multi-family - less than 10 units 1,096 B
4721 Nw 32 Ave Single Family 1,428 B
3080 Nw 48 Ter Single Family 1,045 B
4701 Nw 32 Ave Store, one story 2,750 B
4745 Nw 32 Ave Single Family 2,700 B
3180 Nw 48 Ter Vacant Residential 0 L
3114 Nw 46 St Vacant Commercial 0 L
3074 Nw 48 Ter Single Family 1,045 B
3128 Nw 46 St Single Family 1,287 C

Local Household Income

The median household income in this part of Florida is $31,638. The bottom 10% of the population earn less than $10,765 per year. The top 10% earn more than $86,090 per year. The top 1% earn more than $204,874 per year. Most renters earn between $20,712 (20th percentile) and $34,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $63,276 and $79,095.

The tax assessed value of this property places it in percentile 16 of all properties in this area. This suggests it would appeal to someone earning around $13,709 per year who should qualify for a mortgage between $27,418 and $34,273.

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 $902. Most renters earn between $1,726 and $2,894 per month. They typically spend 42% of their monthly income on rent. Most rents fall in the $597 (20th percentile) to $1,181 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 16 of all properties in this area. This corresponds to a rent of $521 per month and a monthly household income of $1,623 ($19,476 per year)

Nearby Companies

Kelly'S Place Of Mia LLC
3100 Nw 48th Ter
Resources Of Miami Inc
3135 Nw 48th Ter
Livlavishcreations LLC
4745 Nw 32nd Ave
Kac Investment Company
4745 Nw 32nd Ave
Ejs Laundry Mat Corporation
3163 Nw 46th St
Quick Stop Market, Inc.
3101 Nw 46th St
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.