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 
9495 Sw 91 St Single Family 3,046 C
9020 Sw 94 Ct Single Family 2,621 C
9021 Sw 95 Ave Single Family 3,015 C
9460 Sw 91 St Single Family 2,590 C
9440 Sw 91 St Single Family 2,576 C
9425 Sw 91 St Single Family 4,364 C
9480 Sw 91 St Single Family 2,813 C
9000 Sw 94 Ct Single Family 2,798 C
9001 Sw 95 Ave Single Family 2,704 C
9021 Sw 94 Ct Single Family 2,734 C
9420 Sw 91 St Single Family 2,538 C
8950 Sw 95 Ave Multi-family - less than 10 units 3,079 C
9501 Sw 91 St Single Family 3,921 C
9490 Sw 91 St Single Family 3,127 C
9445 Sw 92 St Single Family 2,652 C
8940 Sw 95 Ave Multi-family - less than 10 units 3,175 C
9455 Sw 92 St Single Family 2,919 C
9425 Sw 92 St Single Family 3,090 C
9003 Sw 94 Ct Single Family 2,084 C
9100 Sw 95 Ave Multi-family - less than 10 units 2,646 C
8990 Sw 94 Ct Single Family 2,198 C
8991 Sw 95 Ave Single Family 3,114 C
9485 Sw 92 St Single Family 2,677 C
9405 Sw 91 St Single Family 2,916 C
9400 Sw 91 St Single Family 3,257 C
8922 Sw 95 Ave Single Family 1,378 C
9020 Sw 94 Ave Single Family 2,576 C
9120 Sw 95 Ave Single Family 2,434 C
9405 Sw 92 St Single Family 2,733 C
9095 Sw 96 Ave Condominium 1,660 B
9075 Sw 96 Ave Condominium 1,540 B
9065 Sw 96 Ave Condominium 1,660 B
9055 Sw 96 Ave Condominium 1,660 B
9045 Sw 96 Ave Condominium 1,660 B
9025 Sw 96 Ave Condominium 1,660 B
8920 Sw 95 Ave Single Family 1,378 C
9000 Sw 94 Ave Single Family 2,781 C
9015 Sw 96 Ave Condominium 1,540 B
9005 Sw 96 Ave Condominium 1,660 B
9151 Sw 95 Ave Single Family 2,619 C
9103 Sw 96 Ave Condominium 1,660 B
9445 Sw 90 St Single Family 3,154 C
8985 Sw 96 Ave Condominium 1,540 B
9495 Sw 92 St Single Family 2,469 C
8975 Sw 96 Ave Condominium 1,660 B
9105 Sw 96 Ave Condominium 1,660 B
9150 Sw 95 Ave Multi-family - less than 10 units 2,819 C
8965 Sw 96 Ave Condominium 1,660 B
8901 Sw 95 Ave Single Family 3,234 C

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 86 of all properties in this area. This suggests it would appeal to someone earning around $210,537 per year who should qualify for a mortgage between $421,074 and $526,343.

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 86 of all properties in this area. This corresponds to a rent of $1,873 per month and a monthly household income of $5,503 ($66,036 per year)

Nearby Companies

Auremar Consulting, Inc.
9400 Sw 91st St
Mars Staffing Agency, LLC
9221 Sw 94 Place
Hasvest Inc.
9460 Sw 91st St
Garden Square Homes LLC
8991 Sw 95th Ave
Jc Property Venture LLC
8991 Sw 95 Ave
Dee'Online Store Inc
8952 Sw 95th Ave
Gz Mobile Inc
8952 Sw 95th Ave
M' Goldbeach Corp.
8950 Sw 95th Ave
Fenix Store Corp
8950 Sw 95th Ave
Fontela Las Palmas, LLC
8901 Sw 95 Ave
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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