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 
6756 Sw 25 St Single Family 768 B
6708 Sw 25 St Single Family 1,726 B
6768 Sw 25 St Single Family 820 B
6709 Sw 25 Ter Single Family 1,024 B
6706 Sw 25 St Single Family 1,600 B
6713 Sw 25 Ter Single Family 1,428 B
6770 Sw 25 St Single Family 1,697 B
6707 Sw 25 Ter Single Family 1,479 B
6715 Sw 25 Ter Single Family 696 B
6704 Sw 25 St Single Family 1,439 B
6711 Sw 25 St Single Family 1,281 B
6709 Sw 25 St Single Family 1,281 B
6705 Sw 25 Ter Single Family 1,479 B
6713 Sw 25 St Single Family 1,281 B
6775 Sw 25 Ter Single Family 1,169 B
6707 Sw 25 St Single Family 1,942 B
6780 Sw 25 St Single Family 680 B
6715 Sw 25 St Single Family 2,244 B
6703 Sw 25 Ter Single Family 1,055 B
6702 Sw 25 St Single Family 543 B
6779 Sw 25 Ter Single Family 935 B
6703 Sw 25 St Single Family 2,069 B
6782 Sw 25 St Single Family 1,398 B
6701 Sw 25 Ter Single Family 1,389 B
6719 Sw 25 St Single Family 1,222 B
6701 Sw 25 St Single Family 682 B
2515 Sw 68 Ave Single Family 1,021 B
6760 Coral Way Professional service building 5,694 B
6798 Sw 25 St Single Family 1,686 B
6756 Sw 25 Ter Single Family 1,107 B
6791 Sw 25 Ter Single Family 901 B
6762 Sw 25 Ter Single Family 1,038 B
6712 Sw 25 Ter Single Family 1,253 B
6791 Sw 25 St Single Family 1,188 B
2506 Ludlam Rd Single Family 400 B
2504 Sw 67 Ave Office building, non-professional service building, one story 1,248 B
6750 Sw 25 Ter Single Family 752 B
6708 Sw 25 Ter Single Family 1,253 B
6770 Sw 24 St Parking lot (commercial or patron) or mobile home park 0 L
6720 Coral Way Restaurant, cafeteria 1,115 B
2560 Sw 67 Ave Single Family 910 B
6766 Sw 25 Ter Single Family 1,234 B
6706 Sw 25 Ter Single Family 1,462 B
2415 Sw 68 Ave Vacant Commercial 0 L
2570 Sw 67 Ave Vacant Residential 0 L
6772 Sw 25 Ter Single Family 1,234 B
2440 Sw 67 Ave Store, one story 3,833 B
6704 Sw 25 Ter Single Family 1,462 B
6780 Coral Way Office building, non-professional service building, one story 7,620 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 41 of all properties in this area. This suggests it would appeal to someone earning around $59,425 per year who should qualify for a mortgage between $118,850 and $148,563.

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 41 of all properties in this area. This corresponds to a rent of $1,110 per month and a monthly household income of $3,129 ($37,548 per year)

Nearby Companies

Wizard Tax,Inc
6741 Sw 24 Street
V I P Optica Corp.
6741 Coral Way
Jda Mini Mart Inc.
6701 Coral Way
Smart Growth Realty, LLC
6741 Sw 24 Street
Reyes Corcho,M.D.,P.A.
6741 Sw 24 Street
Advanced Therapy Inc
6741 Sw 24th St
Live Tattoo Inc
6735 Sw 24 St
Britton Gaffney LLC
6741 Sw 24th St
Virani Enterprises LLC
6741 Sw 24th St
American Park Inc
6741 Sw Coral Way
Rinconcito Latino Inc.
6741 S W 24th St
Llirrafo Inc.
6741 Sw 24th St
Ele'Chan Tours, Inc.
6741 Sw 24 Street
Inventiva, Inc.
6798 Sw 25th St
Skin Vida, LLC
6713 Sw 25th St
Aventura Fishing Corp
2437 Sw 67 Ave
Mas Vending, Inc.
6720 Coral Way
Elida M. Morin, P.A.
6780 Coral Way
Basf Transportation Corp.
6760 Coral Way
Acd Concrete Corp
6741 Sw 24th St
1704 Lakepoint, LLC
2575 Sw 67th Ave
Granada Business Center, LLC
2575 Sw 67th Ave
Healthcare Now, LLC
2575 Sw 67th Ave
John W. Hoover Iii Md, Pa.
2575 Sw 67th Ave
Imp.Exp.Projas Corp
6803 Sw 25 Terrace
Color Bouquets LLC
6703 Sw 25th Ter
A1-Power Solution, Inc
6762 Sw 25th Ter
Lr&G Delivery LLC
2555 Sw 67 Ave
Pmc Enterprises, LLC
2506 Ludlam Rd
Pmc Holdings, LLC
2506 Ludlam Rd
2506 Ludlam LLC
2506 Ludlam Rd
Srp Re, LLC
2506 Ludlam Rd
Cv Global Transport Corp
6782 Sw 25 St
Bordon & Bordon, Corp.
2511 Sw 67th Ave
Bon Saude, LLC
2506 Sw 67th Ave
Hg Labs LLC
2506 Sw 67th Ave
K12 Media LLC
2506 Sw 67th Ave
Oropendola, Inc.
2506 Sw 67th Ave
Disclaimers and Disclosures

Public Records Data

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