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 
940 Sw 78 Pl Multi-family - less than 10 units 2,249 C
1000 Sw 78 Pl Multi-family - less than 10 units 2,768 C
901 Sw 79 Ave Multi-family - less than 10 units 2,337 C
903 Sw 79 Ave Single Family 1,599 B
7873 Sw 9 Ter Single Family 1,754 B
7871 Sw 9 Ter Single Family 1,675 B
905 Sw 79 Ave Single Family 2,135 B
7881 Sw 9 Ter Single Family 1,740 B
7823 Sw 9 Ter Single Family 1,675 B
7883 Sw 9 Ter Single Family 1,657 B
7821 Sw 9 Ter Single Family 1,675 B
907 Sw 79 Ave Single Family 1,829 B
931 Sw 78 Pl Single Family 2,710 B
1020 Sw 78 Pl Multi-family - less than 10 units 2,407 C
7813 Sw 9 Ter Single Family 1,717 B
941 Sw 78 Pl Multi-family - less than 10 units 2,249 C
7891 Sw 9 Ter Single Family 1,657 B
909 Sw 79 Ave Multi-family - less than 10 units 2,032 B
1001 Sw 78 Pl Multi-family - less than 10 units 2,249 C
7811 Sw 9 Ter Single Family 1,657 B
7893 Sw 9 Ter Single Family 1,697 B
1030 Sw 78 Pl Multi-family - less than 10 units 2,371 C
7901 Sw 9 Ter 1 Condominium 1,311 B
1031 Sw 79 Ave Multi-family - less than 10 units 2,626 C
7803 Sw 9 Ter Single Family 1,657 B
1021 Sw 78 Pl Multi-family - less than 10 units 3,129 C
855 Sw 79 Ave Auto sales, auto repair and storage or auto service shop 7,928 B
7911 Sw 9 Ter 2 Condominium 1,100 B
7801 Sw 9 Ter Single Family 1,657 B
1051 Sw 79 Ave Multi-family - less than 10 units 2,426 C
1040 Sw 78 Pl Multi-family - less than 10 units 2,363 C
1031 Sw 78 Pl Multi-family - less than 10 units 2,510 C
990 Sw 78 Ct Single Family 1,958 B
960 Sw 79 Ave Multi-family - less than 10 units 2,296 C
970 Sw 79 Ave Multi-family - less than 10 units 2,216 C
1000 Sw 78 Ct Multi-family - less than 10 units 2,249 B
1000 Sw 79 Ave Multi-family - less than 10 units 2,333 C
7850 Sw 8 St Service station 3,137 B
1010 Sw 78 Ct Multi-family - less than 10 units 2,436 C
1043 Sw 78 Pl Multi-family - less than 10 units 2,568 C
1087 Sw 79 Ave Multi-family - less than 10 units 2,727 C
1020 Sw 79 Ave Multi-family - less than 10 units 2,352 C
1050 Sw 78 Pl Multi-family - less than 10 units 2,487 C
1020 Sw 78 Ct Multi-family - less than 10 units 2,603 C
1026 Sw 79 Ave Multi-family - less than 10 units 2,951 C
1051 Sw 78 Pl Multi-family - less than 10 units 2,758 C
1095 Sw 79 Ave Multi-family - less than 10 units 2,425 C
1030 Sw 78 Ct Multi-family - less than 10 units 2,347 C
1178 Sw 78 Pl Multi-family - less than 10 units 2,669 C

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.

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%.

Nearby Companies

Daniela Office Services LLC
1100 Sw 79th Ave
Plomenendez Corp
1032 Sw 78 Pl
Fabulous Remodeling LLC
1033 Sw 79 Ave
Lma Pozo Truck LLC
1085 Sw 79th Ave
K&A Transportation Inc.
1085 Sw 79th Ave
Miami Bg Investments, LLC
1032 Sw 79th Ave
Barvicteam L.L.C.
7883 Southwest 9th Ter
Acm Iron Works Inc
7871 Sw 9th Ter
Sunflowers Plus, Inc.
1023 Sw 78 Place
Annails Design Inc.
1053 Sw 78 Ct
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.