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 
11100 Sw 128 Ave Single Family 2,765 B
11055 Sw 128 Ct Single Family 2,815 B
11045 Sw 128 Ct Single Family 1,971 B
11105 Sw 128 Ct Single Family 2,042 B
11110 Sw 128 Ave Single Family 2,793 B
11051 Sw 128 Ave Single Family 2,360 B
11115 Sw 128 Ct Single Family 2,944 B
11041 Sw 128 Ave Single Family 2,974 B
11111 Sw 128 Ave Single Family 2,448 B
12815 Sw 110 Ter Single Family 2,765 B
12825 Sw 110 Ter Single Family 2,771 B
11120 Sw 128 Ave Single Family 1,971 B
12805 Sw 110 Ter Single Family 2,536 B
11125 Sw 128 Ct Single Family 1,971 B
11052 Sw 127 Pl Single Family 2,771 B
11102 Sw 127 Pl Single Family 2,074 B
12835 Sw 110 Ter Single Family 3,053 B
11121 Sw 128 Ave Single Family 3,111 B
11050 Sw 128 Ct Single Family 2,282 B
11042 Sw 127 Pl Single Family 2,240 B
11104 Sw 128 Ct Single Family 2,767 B
11112 Sw 127 Pl Single Family 2,863 B
11044 Sw 128 Ct Single Family 2,042 B
12845 Sw 110 Ter Single Family 2,771 B
11122 Sw 127 Pl Single Family 2,058 B
12775 Sw 110 Ter Single Family 2,676 B
11124 Sw 128 Ct Single Family 2,037 B
11053 Sw 128 Pl Single Family 2,117 B
11103 Sw 128 Pl Single Family 3,054 B
11043 Sw 128 Pl Single Family 2,033 B
11113 Sw 128 Pl Single Family 1,951 B
12810 Sw 112 St Single Family 2,161 B
12800 Sw 112 St Single Family 2,776 B
11053 Sw 127 Pl Single Family 2,765 B
11103 Sw 127 Pl Single Family 2,057 B
11043 Sw 127 Pl Single Family 2,151 B
12770 Sw 112 St Single Family 2,248 B
12820 Sw 112 St Single Family 2,299 B
11113 Sw 127 Pl Single Family 2,263 B
12765 Sw 110 Ter Single Family 2,868 B
11123 Sw 128 Pl Single Family 2,426 B
12855 Sw 110 Ter Single Family 2,765 B
12760 Sw 112 St Single Family 2,051 B
11123 Sw 127 Pl Single Family 1,971 B
12830 Sw 112 St Single Family 2,344 B
12750 Sw 112 St Single Family 2,776 B
12755 Sw 110 Ter Single Family 2,771 B

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,010 per year. The top 10% earn more than $161,932 per year. The top 1% earn more than $467,603 per year. Most renters earn between $34,968 (20th percentile) and $56,340 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 96 of all properties in this area. This suggests it would appeal to someone earning around $226,698 per year who should qualify for a mortgage between $453,396 and $566,745.

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 $1,340. Most renters earn between $2,914 and $4,695 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,722 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 96 of all properties in this area. This corresponds to a rent of $2,281 per month and a monthly household income of $6,196 ($74,352 per year)

Nearby Companies

Milval Corp
12760 Sw 112 St
Milys Corp
12760 Sw 112th St
Ananta Associates, Inc
11043 Sw 127 Pl
Grobartig Watch Company, LLC
13501 Sw 128th St
Gb Capital Enterprises ,Inc
13501 Sw 128th St
Aj Walls Inc.
13501 Sw 128th St
Marielbay Capital Co.
13501 Sw 128th St
Alicia Chilito, M.D., P.A.
13501 Sw 128th St
Elite Aviation Enterprises LLC
13410 Sw 128th St
Linika Aviation LLC
13410 Sw 128th St
Rq Aviation LLC
13410 Sw 128th St
Aeroservice Aft Corp
13410 Sw 128th St
Lilybet Rodriguez LLC
11123 Sw 128 Pl
Flourish Nutrition LLC
11045 Sw 128th Ct
Macaluso Construction, LLC
3825 Henderson Blvd
M&M Preferred Services, Inc.
12815 Sw 110 Terr
Simply Personal LLC
12855 Sw 110 Terrace
Florida Fire & Burglary Inc.
12201 Sw 128th Ct
Lrh, LLC
12002 Sw 128th Ct Ste 208
Rock Equipment, Inc.
12002 Sw 128th Ct Ste 208
Analytical Alliance, Inc
12002 Sw 128th Ct Ste 208
Disclaimers and Disclosures

Public Records Data

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