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 
2227 Sw 57 Ct Single Family 1,550 B
2217 Sw 57 Ct Multi-family - less than 10 units 2,141 B
2229 Sw 57 Ct Multi-family - less than 10 units 3,106 B
2231 Sw 57 Ct Single Family 2,208 B
2211 Sw 57 Ct Single Family 1,790 B
2233 Sw 57 Ct Multi-family - less than 10 units 1,814 B
2209 Sw 57 Ct Single Family 1,720 B
2238 Sw 57 Ave Restaurant, cafeteria 2,447 B
2230 Sw 57 Ave Store, one story 1,825 B
2246 Sw 57 Ave Store, one story 1,240 B
2235 Sw 57 Ct Single Family 1,138 B
2300 Sw 57 Ave Store, one story 1,180 B
2316 Red Rd Store, one story 1,989 B
2224 Sw 57 Ct Single Family 1,540 B
2226 Sw 57 Ct Single Family 1,942 B
2222 Sw 57 Ct Single Family 675 B
2309 Sw 57 Ct Single Family 1,829 B
2201 Sw 57 Ct Single Family 1,587 B
2228 Sw 57 Ct Single Family 919 B
2220 Sw 57 Ct Single Family 1,279 B
2214 Sw 57 Ave Nightclub, cocktail lounge or bar 2,226 B
2230 Sw 57 Ct Single Family 1,668 B
2320 Red Rd Office building, non-professional service building, multi-story 8,490 B
2218 Sw 57 Ct Single Family 1,146 B
2329 Sw 57 Ct Single Family 1,612 B
2212 Sw 57 Ct Single Family 2,382 B
2310 Sw 57 Ct Multi-family - less than 10 units 2,599 B
2200 Red Rd Store, one story 2,081 B
2200 Sw 57 Ct Single Family 1,578 B
2318 Sw 57 Ct Single Family 1,733 B
2350 Sw 57 Ave Store, one story 1,323 B
2322 Sw 57 Ct Multi-family - less than 10 units 2,611 B
5778 Sw 22 St Single Family 1,317 B
2217 Red Rd Single Family 1,910 A
2213 Red Rd Single Family 2,600 A
5727 Sw 24 St Professional service building 2,547 B
2219 Red Rd Single Family 1,937 A
2209 Red Rd Single Family 1,230 A
2291 Sw 58 Ave Multi-family - less than 10 units 2,412 B
2299 Sw 58 Ave Single Family 1,108 B
2287 Sw 58 Ave Single Family 1,902 B
2223 Red Rd Single Family 1,862 A
2303 Sw 58 Ave Single Family 1,156 B
2285 Sw 58 Ave Single Family 618 B
2205 Sw 57 Ave Single Family 2,073 A
5751 Coral Way Single Family 1,044 B
5727 Sw 22 St Multi-family - less than 10 units 2,058 B
2307 Sw 58 Ave Single Family 1,356 B
2219 Sw 58 Ave Multi-family - less than 10 units 2,665 B

Local Household Income

The median household income in this part of Florida is $77,610. The bottom 10% of the population earn less than $20,775 per year. The top 10% earn more than $310,335 per year. The top 1% earn more than $711,415 per year. Most renters earn between $30,924 (20th percentile) and $55,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $155,220 and $194,025.

The tax assessed value of this property places it in percentile 23 of all properties in this area. This suggests it would appeal to someone earning around $35,465 per year who should qualify for a mortgage between $70,930 and $88,663.

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 $1,209. Most renters earn between $2,577 and $4,611 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,661 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 23 of all properties in this area. This corresponds to a rent of $963 per month and a monthly household income of $2,691 ($32,292 per year)

Nearby Companies

Rod Seafood, Inc.
2200 Sw 57th Ave
Sfc Usa Corp
2219 Sw 57th Ave
Grisel Ybarra, P.A.
2320 Sw 57th Ave
Insure Safe, Inc.
2300 Sw 57th Ave
East Coast Capital Consultants LLC
2200 Country Club Prado
Just Docs LLC
2200 Country Club Prado
The Bpm Organization Inc.
2200 Country Club Prado
Axel + Aim Swimwear, LLC.
5720 Sw 24th St
Shop Kin, LLC
5720 Sw 24th St
Madruga Express Inc
2311 Sw 58th Ave
J & J Lombardero Roof Inc
2294 Sw 58th Ave
Danny Best Auto Sales Inc
2294 Sw 58th Ave
Hdm Underground LLC
2211 Sw 57th Ct
Ap&P Electric Inc
2211 Sw 57th Ct
Shop Michelle'S Closet LLC
2222 Sw 57th Ct
Darley Properties, LLC
5790 Sw 22 Street
Asturias Building Corp.
5780 Sw 22 Street
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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