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 
3624 Nw 41 St Light manufacturing 11,100 B
3660 Nw 41 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 26,750 B
4010 Nw 36 Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 26,153 B
3600 Nw 41 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 10,619 B
3655 Nw 41 St Parking lot (commercial or patron) or mobile home park 0 L
4001 Nw 37 Ave Light manufacturing 79,371 B
4095 Nw 37 Ave Parking lot (commercial or patron) or mobile home park 0 L
4101 Nw 37 Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 14,222 B
3901 Nw 37 Ave Multi-family - 10 units or more 5,390 B
4230 Nw 36 Ave Parking lot (commercial or patron) or mobile home park 0 L
4060 Nw 37 Ave Auto sales, auto repair and storage or auto service shop 18,440 B
4121 Nw 36 Ave Vacant Industrial 0 L
4106 Nw 37 Ave Store, one story 1,697 B

Local Household Income

The median household income in this part of Florida is $31,638. The bottom 10% of the population earn less than $10,765 per year. The top 10% earn more than $86,090 per year. The top 1% earn more than $204,874 per year. Most renters earn between $20,712 (20th percentile) and $34,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $63,276 and $79,095.

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 $902. Most renters earn between $1,726 and $2,894 per month. They typically spend 42% of their monthly income on rent. Most rents fall in the $597 (20th percentile) to $1,181 (80th percentile) range. The residential vacancy rate is 5%.

Nearby Companies

Jv Springs Express, L.L.C
4111 Nw 37 Ave
Ortega Cleaning Inc
4111 Nw 37 Ave
Island Living Company, Inc.
3660 Nw 41 Street
Ht Recon LLC
3640 Nw 41 Street
Neovert Ph LLC
3640 Nw 41 Street
Vertumnus, LLC
3600 Nw 41st St
Premier Automotive Export, Inc.
4141 Northwest 36th Ave
Elite Purchasing, LLC
4141 Nw 36 Ave
Diaz Holdings 4141 LLC
4141 Nw 36 Ave
Barcojet Plus Inc
4141 Nw 36th Ave
H&M Pallet LLC
4217 Nw 36th Ave
Blue Belle Trailer Park Inc
3586 Nw 41 Street
West Land Star Money, LLC
3586 Nw 41 Street
Alpat Maintenance, Corp.
3586 Nw 41 Street Lot B 216
Sttv Corp
3586 Nw 41 St
J M Maximum Power Inc.
3920 Nw 37 Avenue
Y & Yg Investments, Corp
4070 Nw 37 Ave
Mecca Multi Media, Inc.
4000 Nw 36 Ave
Starline Enterprises, Inc
4000 Nw 36 Ave
S.H.O.K. Entertainment LLC
4000 Nw 36th Ave
Wubarin, LLC
4000 Nw 36 Ave
Online Impact 360 LLC
4000 Nw 36th Ave
Kjhm, LLC
2233 N Commerce Pkwy
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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