10905 Sw 5 St 10905, Sweetwater
Miami-Dade County Real Estate - Hialeah
Hialeah
Hialeah is the sixth largest city in Florida in terms of population and is located in Miami Dade County. In terms of population, Hialeah is the densest American city not to feature a skyscraper. 95% of Hialeah's population is Hispanic. The second largest Spanish television network, Telemundo, is headquartered in Hialeah. Top employers for Hialeah County are Hialeah Hospital, Palmetto General Hospital, Best Buy, Starbucks, and CVS Pharmacy.
Hialeah is in South East Florida. It's population as recorded in the 2010 Census was 224,669.
The median age for residents of Hialeah is 42.2. Around 38.3% of Hialeah households include school aged children and 41.6% of households include individuals aged 65 years or over. Census records indicate 92.6% of the Hialeah population are White, 2.6% are Black or African American, .1% American Indian, .3% Asian and 1.5% are Two or more Races. Hialeah has a significant Hispanic population. 94.7% (212,805) of Hialeah residents are of Hispanic or Latino origin. Of these .85% are of Mexican origin, 2.36% Puerto Rican, 77.4% Cuban and 19.37% are of other Hispanic or Latino origin.
There are 74,067 housing units in Hialeah. 2,862 (3.8%) of these were reported as vacant in the 2010 Census. There are 36,569 residential rental units in Hialeah. 35,190 of them were occupied in 2010 providing a residential rental vacancy rate of 3.6%.
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 10903 Sw 5 St 10903 | Condominium | 901 | B |
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| 490 Sw 109 Ave 490 | Condominium | 924 | B |
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| 10901 Sw 5 St 10901 | Condominium | 924 | B |
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| 480 Sw 109 Ave 480 | Condominium | 901 | B |
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| 470 Sw 109 Ave 470 | Condominium | 901 | B |
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| 460 Sw 109 Ave 460 | Condominium | 901 | B |
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| 450 Sw 109 Ave 450 | Condominium | 901 | B |
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| 501 Sw 109 Ave | Mixed use - store and office or store and residential or residential combination | 4,008 | B |
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| 430 Sw 109 Ave 430 | Condominium | 901 | B |
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| 440 Sw 109 Ave 440 | Condominium | 901 | B |
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| 10921 Sw 5 St | Multi-family - less than 10 units | 2,282 | B |
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| 420 Sw 109 Ave 420 | Condominium | 901 | B |
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| 524 Sw 109 Ave | Municipal Owned | 5,210 | B |
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| 401 Sw 109 Ave 18 | Condominium | 1,120 | B |
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| 400 Sw 109 Ave 400 | Condominium | 924 | B |
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| 401 Sw 109 Ave 21 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 15 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 12 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 2 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 10 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 20 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 19 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 17 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 16 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 8 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 5 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 13 | Condominium | 1,484 | B |
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| 410 Sw 109 Ave 410 | Condominium | 901 | B |
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| 401 Sw 109 Ave 6 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 9 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 25 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 23 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 1 | Condominium | 1,484 | B |
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| 401 Sw 109 Ave 26 | Condominium | 1,484 | B |
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| 401 Sw 109 Ave 4 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 11 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 7 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 24 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 3 | Condominium | 1,120 | B |
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| 401 Sw 109 Ave 14 | Condominium | 1,484 | B |
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| 401 Sw 109 Ave 22 | Condominium | 1,120 | B |
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| 10931 Sw 5 St | Multi-family - less than 10 units | 2,274 | B |
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| 10892 Sw 5 St | Auto sales, auto repair and storage or auto service shop | 405 | B |
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| 10902 Sw 4 St 10902 | Condominium | 941 | B |
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| 10861 Sw 5 St | Multi-family - less than 10 units | 2,601 | B |
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| 10932 Sw 4 St | Multi-family - less than 10 units | 2,240 | B |
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| 10950 Sw 5 St | Multi-family - less than 10 units | 1,768 | B |
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| 10941 Sw 5 St | Multi-family - less than 10 units | 2,136 | C |
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| 10922 Sw 4 St 2 | Condominium | 858 | B |
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Local Household Income
The median household income in this part of Florida is $48,362. The bottom 10% of the population earn less than $14,609 per year. The top 10% earn more than $135,683 per year. The top 1% earn more than $387,554 per year. Most renters earn between $27,780 (20th percentile) and $49,608 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $96,724 and $120,905.
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 $18,345 per year who should qualify for a mortgage between $36,690 and $45,863.
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 $1,139. Most renters earn between $2,315 and $4,134 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $820 (20th percentile) to $1,560 (80th percentile) range. The residential vacancy rate is 3%.
This property falls in percentile 15 of all properties in this area. This corresponds to a rent of $748 per month and a monthly household income of $2,140 ($25,680 per year)
Nearby Companies
10847 South West 4th St
10851 Sw 6 Street
10850 Sw 6 Street
636 Sw 109 Ave
630 Sw 109 Ave
638 Sw 109th Ave
638 Sw 109 Ave
646 Sw 109th Ave
10881 Sw 6th St
10881 Sw 6 St
529 Sw 109 Ave
501 Sw 109th Ave
501 Sw 109 Ave
501 Sw 109 Ave
10941 Sw 5th St
10892 Sw 5 Street
10861 Sw 5 St Ste 2
460 Sw 109th Ave
450 Sw 109th Ave
420 Sw 109th Ave
401 Sw 109 Ave
401 Sw 109 Avenue #2
401 Sw 109 Ave
10899 Sw 4th St
390 Sw 109 Ave
370 Sw 109 Ave
340 Sw 109 Ave
10952 Sw 4th St
10962 Sw 6 Street
10945 Sw 6th St