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 
8342 Sw 148 Ave Condominium 1,010 B
8332 Sw 148 Ave Condominium 1,575 B
8362 Sw 148 Ave Condominium 1,010 B
8322 Sw 148 Ave Condominium 1,575 B
8372 Sw 148 Ave Condominium 1,575 B
8382 Sw 148 Ave Condominium 1,575 B
8312 Sw 148 Ave Condominium 1,107 B
8353 Sw 148 Ct Condominium 1,010 B
8392 Sw 148 Ave Condominium 1,107 B
8343 Sw 148 Ct Condominium 1,575 B
8363 Sw 148 Ct Condominium 1,010 B
8333 Sw 148 Ct Condominium 1,575 B
8302 Sw 148 Ave Condominium 1,107 B
8323 Sw 148 Ct Condominium 1,010 B
8373 Sw 148 Ct Condominium 1,575 B
8381 Sw 148 Ave Condominium 1,205 B
8394 Sw 148 Ave Condominium 1,185 B
8383 Sw 148 Ave Condominium 1,575 B
8383 Sw 148 Ct Condominium 1,575 B
8313 Sw 148 Ct Condominium 1,107 B
8385 Sw 148 Ave Condominium 1,575 B
14799 Sw 83 Ln Condominium 1,107 B
8393 Sw 148 Ct Condominium 1,107 B
8387 Sw 148 Ave Condominium 1,010 B
8303 Sw 148 Ct Condominium 1,185 B
14797 Sw 83 Ln Condominium 1,107 B
8395 Sw 148 Ct Condominium 1,185 B
8389 Sw 148 Ave Condominium 1,107 B
8256 Sw 148 Ave Single Family 1,509 B
14795 Sw 83 Ln Condominium 1,575 B
8391 Sw 148 Ave Condominium 1,010 B
14785 Sw 83 Ln Condominium 1,575 B
8255 Sw 148 Ct Single Family 1,451 B
8257 Sw 148 Ave Single Family 1,756 B
14775 Sw 83 Ln Condominium 1,010 B
8366 Sw 147 Pl Condominium 1,185 B
8246 Sw 148 Ave Single Family 1,440 B
8376 Sw 147 Pl Condominium 1,575 B
8386 Sw 147 Pl Condominium 1,575 B
14765 Sw 83 Ln Condominium 1,107 B
8396 Sw 147 Pl Condominium 1,185 B
14835 Sw 83 Ln Condominium 1,185 B
8245 Sw 148 Ct Single Family 1,509 B
14751 Sw 84 Ter Condominium 1,152 B
14753 Sw 84 Ter Condominium 1,024 B
14755 Sw 83 Ln Condominium 1,205 B
14755 Sw 84 Ter Condominium 1,024 B
14741 Sw 84 Ter Condominium 1,024 B
14837 Sw 83 Ln Condominium 1,010 B

Local Household Income

The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.

The tax assessed value of this property places it in percentile 48 of all properties in this area. This suggests it would appeal to someone earning around $59,902 per year who should qualify for a mortgage between $119,804 and $149,755.

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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 48 of all properties in this area. This corresponds to a rent of $1,313 per month and a monthly household income of $3,287 ($39,444 per year)

Nearby Companies

Yiyi Services Corp
8315 Sw 147th Pl
Celestial Auto Group, LLC
14911 Sw 82nd Ter
1 2 3 Janitorial Services Inc
14737 Sw 84 Terrace
Angel-Meyers Family, LLC
14731 Sw 84 Terrace
Rocky Services And Repair LLC
8394 Sw 148th Ave
Landblock, LLC
8394 Sw 148th Ave
Mayimbe Trucking Corp
14107 Hunter Grove Dr
Jaime Martinez Services Inc
8386 Sw 147 Place
Brava Trucking Inc
14844 Sw 82 Terrace
L'Amore Di Lusso Jewelry LLC
14843 Sw 82nd Ter
Gmb Pool And Spa Supplies Inc
14843 Sw 82nd Ter
Molina'S Home Improvement Corp
14826 Sw 82nd Ter
Montaalpi, L.L.C.
8370 Sw 148 Place
Slazaro Inc
8361 Sw 148th Pl
Jicr Tech Solutions, Inc
8340 Sw 148 Pl
Sjoj Transport Corp
14837 Sw 83rd Ln
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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