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 
2450 Sw 78 Ct Single Family 1,675 B
7832 Sw 24 St Store, one story 10,134 B
2435 Sw 79 Ave Single Family 908 B
2445 Sw 79 Ave Single Family 2,622 B
2435 Sw 78 Ct Mixed use - store and office or store and residential or residential combination 2,829 B
7890 Sw 24 St Store, one story 4,037 B
2500 Sw 78 Ct Single Family 997 B
2445 Sw 78 Ct Single Family 3,516 B
7830 Sw 24 St Restaurant, cafeteria 2,347 B
2501 Sw 79 Ave Single Family 1,974 B
2501 Sw 78 Ct Single Family 2,929 C
7855 Sw 26 St Single Family 1,900 B
2430 Sw 78 Ave Single Family 1,210 B
7865 Sw 26 St Single Family 1,066 B
2440 Sw 79 Ave Single Family 1,535 B
2450 Sw 78 Ave Single Family 1,256 B
7800 Coral Way Store, one story 7,057 B
7885 Sw 26 St Multi-family - less than 10 units 4,066 B
7841 Sw 26 St Single Family 2,908 B
2500 Sw 79 Ave Single Family 1,526 B
2500 Sw 78 Ave Single Family 1,575 B
7900 Coral Way Church 17,235 B
7821 Sw 26 St Single Family 2,482 B
7845 Sw 24 St Office building, non-professional service building, one story 1,659 B
7901 Sw 26 St Single Family 1,419 B
7855 Sw 24 St Professional service building 1,870 B
2435 Sw 79 Ct Single Family 1,157 B
7865 Sw 24 St Private school or college 1,460 B
2540 Sw 78 Ave Single Family 2,553 B

Local Household Income

The median household income in this part of Florida is $56,410. The bottom 10% of the population earn less than $18,731 per year. The top 10% earn more than $141,318 per year. The top 1% earn more than $389,679 per year. Most renters earn between $28,284 (20th percentile) and $45,348 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,820 and $141,025.

The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $69,625 per year who should qualify for a mortgage between $139,250 and $174,063.

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 $1,290. Most renters earn between $2,357 and $3,779 per month. They typically spend 45% of their monthly income on rent. Most rents fall in the $1,001 (20th percentile) to $1,701 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 61 of all properties in this area. This corresponds to a rent of $1,387 per month and a monthly household income of $3,112 ($37,344 per year)

Nearby Companies

Style Me! LLC
7805 Coral Way
Vip Graphix Inc
7805 Coral Way
Roger'S Photo And Video Inc
7805 Coral Way Suite 124
Marin Kitchen Cafe Inc
7805 Coral Way
Group 5j LLC
7801 Coral Way
Drify Technologies LLC
7801 Coral Way
Finally Insurance Inc
7801 Coral Way
Foxx Advanced Security Team, Inc.
7801 Coral Way Suite 125
Dumar Holdings, L.L.C.
7801 Coral Way Suite 107
Solvyquim Chemical And Services Inc
7801 Coral Way Suite 107
Jorge De La Osa, P.A.
7801 Coral Way Suite 101
Heavenly Esthetic, Inc.
7805 Sw 24 St Ste 121
Epic Healthcare Systems, Inc.
7805 Sw 24 St Ste 121
Maria Cartaya Md, Pa.
7805 Sw 24 St
Mozart International LLC
7815 Sw 24th St Suite 107
Mare International LLC
7815 Sw 24th St Suite 107
Zahel International LLC
7815 Sw 24th St Suite 107
Goodway Home LLC
7815 Sw 24th St Suite 107
Godleetikas, Corp.
7815 Sw 24 Street
Selquet LLC
7815 Sw 24 St Suite 107
Trieste International Investment LLC
7815 Sw 24 St Suite 107
Bemotoni, LLC
7815 Sw 24 St Suite 107
Gardiner International LLC
7815 Sw 24 St Suite 107
Excominter LLC
7815 Sw 24 St Suite 107
Beachwalk 307 On The Bay LLC
7815 Sw 24 St Suite 107
1010 Brickell 3709 LLC
7815 Sw 24 St Suite 107
Argonautas Bw LLC
7815 Sw 24 St Suite 107
Light Ocean View 7, LLC
7815 Sw 24 St Suite 107
Gracjas LLC
7815 Sw 24 St Suite 107
Jorlui Service LLC
7815 Sw 24 St Suite 107
Voltus Investments LLC
7815 Sw 24 St Suite 107
Paraiso Bay 3904 LLC
7815 Sw 24 St Suite 107
Great Villa 3201 LLC
7815 Sw 24 St Suite 107
Florida Madison Investment Corp.
7815 Sw 24 St Suite 107
Petilu Corporation
7815 Sw 24 St Suite 107
Ocean Iv No. 1, Inc.
7815 Sw 24 St Suite 107
Dansar 2411, Corp.
7815 Sw 24 St Suite 107
Alvir Investments Corp
7815 Sw 24 St Suite 107
Dona Isidora Corp.
7815 Sw 24 St Suite 107
Pirikecho Corp.
7815 Sw 24 St Suite 107
Aligalu Corp
7815 Sw 24 St Suite 107
Alcolq Corp
7815 Sw 24 St Suite 107
Mio Company Corp
7815 Sw 24 St Suite 107
Brickell 2609, LLC
7815 Sw 24 Street
First Aa Medical Rehabilitation LLC
7815 Coral Way Ste 101
A A Research, LLC.
7815 Coral Way Ste 101
Edgar Flooring Corp
7815 Coral Way # 105
Dory Service LLC
7815 Sw 24 St
Barcena Investments Corp
7815 Sw 24 St
Miracles Of The Heart Inc
7815 Coral Way
La Massiel Corp
7811 Coral Way
Morning Star Centers, Inc.
7811 Coral Way Suite 106
Complete Medical Of Florida, Inc.
7811 Coral Way Ste 132
One Way Auto Insurance, Inc.
7805 Sw 24 St # 110
Arturo R. Alfonso, P.A.
7821 Coral Way
Parker Medical Inc.
7821 Coral Way
Pao Nails Studio. Inc
7821 Coral Way
Presto Dry Cleaners, Inc.
7832 Coral Way
Guari Mascaro, P.A.
7821 Sw 24 St
Ivetmar Medical Group LLC
7821 Coral Way
Bioclinical Research Alliance Inc.
7821 Coral Way Ste 132
Mathana Supply LLC
7821 Coral Way
Princes Nail Inc
7821 Coral Way
Karol Kut'S Inc
7821 Coral Way Ste 131
South Hampton Holdings Re, LLC
7815 Sw 24 St Ste 107
Temario LLC
7815 Sw 24 St Ste 107
Arlen House East 312 LLC
7815 Sw 24 St Ste 107
Yusel LLC
7815 Sw 24 St Ste 107
Og Remodeling And Services LLC
7815 Sw 24 St Ste 107
Benadam 2901 LLC
7815 Sw 24 St Ste 107
Mick Investments LLC
7815 Sw 24 St Ste 107
2003 Ig Investments LLC
7815 Sw 24 St Ste 107
Bianca Investments LLC
7815 Sw 24 St Ste 107
2x Services LLC
7815 Sw 24 St Ste 107
Lumala3 Investments LLC
7815 Sw 24 St Ste 107
Waynotech LLC
7815 Sw 24 St Ste 107
Dz Arq LLC
7815 Sw 24 St Ste 107
4 Export Investment Corp.
7815 Sw 24 St Ste 107
New Horizons Miami Corp
7815 Sw 24 St Ste 107
Bcmc Horizons 412 Corp
7815 Sw 24 St Ste 107
Mpgh Investment Corp
7815 Sw 24 St Ste 107
Kolia Corporation
7815 Sw 24 St Ste 107
Royal Buli Corp
7815 Sw 24 St Ste 107
Delcan General Services Corp
7815 Sw 24 St Ste 107
Yokata Import C.A. Corp.
7815 Sw 24th St
Brick Gs 4209 N Corp
7815 Sw 24th St
Bella Brides, Corp.
7890 Sw 24 Street
Lopez Realty Co.
7854 Coral Way
Cordova And Jimenez Corp
7852 Sw 24th St
Electrology Center, Inc.
7855 Sw 24th St
Si A Jesus Miami, Inc
7900 Coral Way
Coral Way Lady, Inc.
7900 Coral Way
Soda Investments LLC
7890 Coral Way
Yag Cleaning, Corp
2500 Sw 78 Ct
Gali Productions, Inc.
7841 Sw 26 St
Disclaimers and Disclosures

Public Records Data

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