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 
7944 Nw 1 Pl Single Family 1,939 C
8000 Nw 1 Pl Multi-family - less than 10 units 1,263 C
199 Nw 79 St Auto sales, auto repair and storage or auto service shop 3,707 B
8010 Nw 1 Pl Single Family 844 C
197 Nw 79 St Auto sales, auto repair and storage or auto service shop 2,662 B
7961 Nw 1 Pl Multi-family - less than 10 units 1,943 C
7925 Nw 1 Pl Multi-family - less than 10 units 1,326 C
7979 Nw 1 Pl Multi-family - less than 10 units 1,472 C
8020 Nw 1 Pl Multi-family - less than 10 units 2,124 C
201 Nw 79 St Vacant Commercial 0 L
161 Nw 79 St Store, one story 2,581 B
8001 Nw 1 Pl Single Family 1,061 C
8038 Nw 1 Pl Single Family 319 C
215 Nw 79 St Vacant Commercial 0 L
8011 Nw 1 Pl Single Family 1,398 C
151 Nw 79 St Store, one story 3,731 B
8042 Nw 1 Pl Single Family 816 C
196 Nw 79 St Office building, non-professional service building, one story 2,533 B
8021 Nw 1 Pl Multi-family - less than 10 units 1,857 B
237 Nw 80 St Single Family 1,210 C
8044 Nw 1 Pl Multi-family - less than 10 units 1,365 B
131 Nw 79 St Vacant Commercial 0 L
174 Nw 79 St Parking lot (commercial or patron) or mobile home park 0 L
160 Nw 79 St Auto sales, auto repair and storage or auto service shop 648 B
7825 Nw 2 Ave Multi-family - less than 10 units 1,012 B
239 Nw 80 St Single Family 1,171 C
8047 Nw 1 Pl Single Family 1,181 C
8050 Nw 1 Pl Single Family 1,681 C
8020 Nw 2 Ct Single Family 1,167 C
251 Nw 79 St Mixed use - store and office or store and residential or residential combination 11,260 B
200 Nw 79 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 33,113 B
129 Nw 79 St Vacant Commercial 0 L
241 Nw 80 St Single Family 1,184 C
8049 Nw 1 Pl Vacant Residential 0 L
8100 Nw 1 Pl Multi-family - less than 10 units 1,603 C
7815 Nw 2 Ave Parking lot (commercial or patron) or mobile home park 0 L
8050 Nw Miami Ct Parking lot (commercial or patron) or mobile home park 1,504 B
258 Nw 81 St Single Family 1,987 C
244 Nw 80 St Single Family 1,213 C
165 Nw 78 St Parking lot (commercial or patron) or mobile home park 0 L
140 Nw 79 St Church 1,920 B
111 Nw 79 St Store, one story 5,997 B
245 Nw 80 St Single Family 1,026 C

Local Household Income

The median household income in this part of Florida is $39,076. The bottom 10% of the population earn less than $12,487 per year. The top 10% earn more than $96,613 per year. The top 1% earn more than $197,554 per year. Most renters earn between $23,232 (20th percentile) and $38,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $78,152 and $97,690.

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 $953. Most renters earn between $1,936 and $3,215 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $538 (20th percentile) to $1,218 (80th percentile) range. The residential vacancy rate is 7%.

Nearby Companies

Jjiz Services, Corp
8050 Nw Miami Ct
Orlie Corp.
199 Nw 79 Street
Newtaxi LLC
199 Nw 79th St
Camry Investments, Inc.
199 Nw 79th St
Toucan Motors, Inc.
199 Nw 79th St
Surplus Sales, Inc.
199 Nw 79th St
Miami Springs Taxi, Inc.
199 Nw 79th St
Mad Mechanics LLC
174 Nw 79th St
Zofaz Of Florida Inc
161 Nw 79th St
Eddy Auto Sales, Corp.
160 Nw 79 Street
R.P.S. Contracting, Inc.
151 Nw 79th St
All About Wheels Inc
260 Nw 79 Street
Ojdc Corp
215 Nw 79 St
Uru Taxi, LLC
199 Nw 79 St
Soho Cab.Com, Inc.
199 Nw 79 St
Zm Sales, Inc.
199 Nw 79 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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