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 
2010 Sw 84 Ave Single Family 2,231 B
2030 Sw 84 Ave Single Family 1,900 B
2025 Sw 84 Ct Single Family 2,186 B
2015 Sw 84 Ct Single Family 1,886 B
2035 Sw 84 Ave Single Family 1,770 B
2025 Sw 84 Ave Single Family 2,057 B
8420 Sw 20 Ter Single Family 1,826 B
8401 Sw 21 St Single Family 1,599 B
2000 Sw 84 Ave Single Family 1,967 B
2045 Sw 84 Ave Single Family 2,125 B
8411 Sw 21 St Single Family 1,819 B
2015 Sw 84 Ave Single Family 1,828 B
2001 Sw 84 Ct Single Family 1,526 B
8421 Sw 21 St Single Family 2,205 B
2055 Sw 84 Ave Single Family 1,922 B
2001 Sw 84 Ave Single Family 2,011 B
2020 Sw 83 Ct Single Family 2,021 B
8430 Sw 20 Ter Single Family 1,621 B
2010 Sw 83 Ct Single Family 2,214 B
2022 Sw 84 Ct Single Family 1,678 B
2030 Sw 83 Ct Single Family 1,769 B
8431 Sw 21 St Single Family 2,416 B
2000 Sw 83 Ct Single Family 2,019 B
2012 Sw 84 Ct Single Family 1,961 B
2040 Sw 83 Ct Single Family 2,211 B
1935 Sw 84 Ave Single Family 1,866 B
8400 Sw 21 St Single Family 3,304 B
1940 Sw 83 Ct Single Family 1,864 B
1920 Sw 84 Ave Single Family 2,442 B
8410 Sw 21 St Single Family 2,405 B
8440 Sw 20 Ter Single Family 2,711 B
1921 Sw 84 Ct Single Family 1,725 B
2101 Sw 84 Ave Single Family 1,874 B
8441 Sw 21 St Single Family 2,136 B
2002 Sw 84 Ct Single Family 2,020 B
8420 Sw 21 St Single Family 1,898 B
2025 Sw 85 Ave Single Family 2,074 B
1930 Sw 83 Ct Single Family 2,259 B
1925 Sw 84 Ave Single Family 1,989 B
2015 Sw 85 Ave Single Family 1,917 B
8430 Sw 21 St Single Family 1,725 B
2100 Sw 83 Ct Single Family 2,118 B
1910 Sw 84 Ave Single Family 1,978 B
2025 Sw 83 Ct Single Family 1,787 B
2015 Sw 83 Ct Single Family 1,519 B
1922 Sw 84 Ct Single Family 2,242 B
2111 Sw 84 Ave Single Family 2,221 B
2120 Sw 84 Ave Single Family 1,904 B
8450 Sw 20 Ter Single Family 1,826 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 75 of all properties in this area. This suggests it would appeal to someone earning around $93,551 per year who should qualify for a mortgage between $187,102 and $233,878.

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 75 of all properties in this area. This corresponds to a rent of $1,586 per month and a monthly household income of $3,609 ($43,308 per year)

Nearby Companies

Mgp Behavior Therapy Inc
2001 Sw 84 Ave
Eralco Investments, LLC
2025 Sw 84 Ave
Mcc Services, Inc.
2005 Sw 83rd Ct
Jamban, LLC
2015 Sw 83rd Ct
Little Fish Audio LLC
8440 Sw 21st St
Sound Mind Miami LLC
8440 Sw 21st St
Mariluca, Inc.
8411 Sw 21 Street
G & G Trading Group, Inc.
8400 Sw 21st St
Maxbii LLC
8501 Sw 20th Ter
La Chinita En Miami Corp
8501 Sw 20th Ter
Adca 3 Corp
8501 Sw 20th Ter
Dthesis Corp
8501 Sw 20th Ter
Nova Ironwork Corp
8450 Sw 20 Terr
Gaffer Holdings LLC
1900 Sw 84th Ave
Erika Nicole Carbonell P.A.
1900 Sw 84th Ave
Optimal Training System Corp
2015 Sw 84th Ave
Disclaimers and Disclosures

Public Records Data

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