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 
9417 Sw 76 St X21 Condominium 1,262 B
9423 Sw 76 St W28 Condominium 760 B
9417 Sw 76 St X25 Condominium 1,262 B
9417 Sw 76 St X28 Condominium 760 B
9417 Sw 76 St X31 Condominium 1,262 B
9417 Sw 76 St X32 Condominium 760 B
9417 Sw 76 St X36 Condominium 760 B
9417 Sw 76 St X37 Condominium 1,262 B
9417 Sw 76 St X23 Condominium 1,262 B
9423 Sw 76 St W22 Condominium 760 B
9417 Sw 76 St X26 Condominium 760 B
9417 Sw 76 St X22 Condominium 760 B
9417 Sw 76 St X38 Condominium 760 B
9423 Sw 76 St W13 Condominium 1,262 B
9423 Sw 76 St W15 Condominium 1,262 B
9423 Sw 76 St W17 Condominium 1,262 B
9423 Sw 76 St W32 Condominium 760 B
9423 Sw 76 St W34 Condominium 760 B
9423 Sw 76 St W35 Condominium 1,262 B
9417 Sw 76 St X13 Condominium 1,262 B
9417 Sw 76 St X17 Condominium 1,262 B
9417 Sw 76 St X14 Condominium 760 B
9417 Sw 76 St X34 Condominium 760 B
9423 Sw 76 St W27 Condominium 1,262 B
9423 Sw 76 St W16 Condominium 760 B
9423 Sw 76 St W21 Condominium 1,262 B
9423 Sw 76 St W31 Condominium 1,262 B
9423 Sw 76 St W33 Condominium 1,262 B
9417 Sw 76 St X15 Condominium 1,262 B
9417 Sw 76 St X18 Condominium 760 B
9417 Sw 76 St X24 Condominium 760 B
9423 Sw 76 St W24 Condominium 760 B
9423 Sw 76 St W37 Condominium 1,262 B
9423 Sw 76 St W12 Condominium 760 B
9417 Sw 76 St X12 Condominium 760 B
9417 Sw 76 St X16 Condominium 760 B
9423 Sw 76 St W11 Condominium 958 B
9423 Sw 76 St W18 Condominium 760 B
9417 Sw 76 St X27 Condominium 1,262 B
9423 Sw 76 St W36 Condominium 760 B
9417 Sw 76 St X33 Condominium 1,262 B
9417 Sw 76 St X35 Condominium 1,262 B
9423 Sw 76 St W14 Condominium 760 B
9423 Sw 76 St W25 Condominium 1,262 B
9417 Sw 76 St X11 Condominium 958 B
9429 Sw 76 St W26 Condominium 760 B
9403 Sw 76 St Y28 Condominium 760 B
9403 Sw 76 St Y17 Condominium 1,262 B
9437 Sw 76 St V25 Condominium 1,262 B

Local Household Income

The median household income in this part of Florida is $84,369. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $246,527 per year. The top 1% earn more than $657,024 per year. Most renters earn between $37,968 (20th percentile) and $61,836 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $168,738 and $210,923.

The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $23,412 per year who should qualify for a mortgage between $46,824 and $58,530.

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 $1,313. Most renters earn between $3,164 and $5,153 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,011 (20th percentile) to $1,715 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $867 per month and a monthly household income of $2,659 ($31,908 per year)

Nearby Companies

Sunsetv15 Corp
9437 Sw 76 St
Tomelu, LLC
7461 Sw 93rd Pl
A T M Investors Inc.
7461 Sw 93rd Pl
Stud Dona Licha Stables LLC
7460 Sw 93rd Pl
Girasol 1, LLC
9351 Sw 76th St
9331, LLC
9331 Sw 76 Street
Air-Mech Corp
9453 Sw 76 St
Nu-Derm Products LLC
7615 Sw 93rd Pl
Asb Life Products LLC
7615 Sw 93rd Pl
Wp Vero LLC
9340 Sw 77th St
Almeljo Vero LLC
9340 Sw 77th St
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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