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 
15280 Sw 80 St 14 Condominium 720 B
15280 Sw 80 St 9 Condominium 720 B
15280 Sw 80 St 12 Condominium 880 B
15280 Sw 80 St 8 Condominium 880 B
15280 Sw 80 St 3 Condominium 880 B
15280 Sw 80 St 13 Condominium 720 B
15280 Sw 80 St 16 Condominium 880 B
15280 Sw 80 St 11 Condominium 880 B
15280 Sw 80 St 10 Condominium 720 B
15280 Sw 80 St 5 Condominium 720 B
15280 Sw 80 St 1 Condominium 720 B
15280 Sw 80 St 2 Condominium 720 B
15280 Sw 80 St 15 Condominium 880 B
15280 Sw 80 St 6 Condominium 720 B
15280 Sw 80 St 4 Condominium 880 B
8005 Sw 153 Ct Condominium 1,240 B
7945 Sw 153 Ct Condominium 1,181 B
7944 Sw 153 Ct Condominium 1,181 B
8009 Sw 153 Ct Condominium 1,131 B
15270 Sw 80 St 13 Condominium 720 B
15270 Sw 80 St 12 Condominium 880 B
15270 Sw 80 St 4 Condominium 880 B
15270 Sw 80 St 7 Condominium 880 B
15270 Sw 80 St 6 Condominium 720 B
15270 Sw 80 St 3 Condominium 880 B
15270 Sw 80 St 15 Condominium 880 B
15270 Sw 80 St 9 Condominium 720 B
15270 Sw 80 St 2 Condominium 720 B
15270 Sw 80 St 11 Condominium 880 B
15270 Sw 80 St 10 Condominium 720 B
15270 Sw 80 St 1 Condominium 720 B
15270 Sw 80 St 8 Condominium 880 B
15270 Sw 80 St 5 Condominium 720 B
15270 Sw 80 St 16 Condominium 880 B
15270 Sw 80 St 14 Condominium 720 B
7935 Sw 153 Ct Condominium 1,181 B
8013 Sw 153 Ct Condominium 1,131 B
7934 Sw 153 Ct Condominium 1,181 B
7943 Sw 153 Pl Condominium 1,181 B
15335 Sw 80 Ter Condominium 1,240 B
8017 Sw 153 Ct Condominium 1,240 B
15339 Sw 80 Ter Condominium 1,131 B
15260 Sw 80 St 14 Condominium 720 B
15260 Sw 80 St 12 Condominium 880 B
15260 Sw 80 St 5 Condominium 720 B
15260 Sw 80 St 9 Condominium 720 B
15260 Sw 80 St 8 Condominium 880 B
15260 Sw 80 St 2 Condominium 720 B
15260 Sw 80 St 10 Condominium 720 B

Local Household Income

The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.

The tax assessed value of this property places it in percentile 7 of all properties in this area. This suggests it would appeal to someone earning around $15,397 per year who should qualify for a mortgage between $30,794 and $38,493.

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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 7 of all properties in this area. This corresponds to a rent of $792 per month and a monthly household income of $2,185 ($26,220 per year)

Nearby Companies

Ochoa Flooring Corp
15231 Sw 80 Street
Bevo Car Wash Corp
15231 Sw 80 St Apt 406
Ulloa Dumping Services Corp
15231 Sw 80 Street
Jm Traders Corp
8033 Sw 153rd Ct
All Signs & Printing LLC.
7945 Sw 153 Ct
Panca Towing LLC
15320 Sw 79th Ter
Sordador A Domicilio, LLC
15260 Sw 80 Street Apt 12
Perez Lau Consulting, LLC
15250 Sw 80th St
Runxpress Inc
15241 S W 80 Street
Fenix Services Of Miami LLC
15241 Sw 80th St
Vjtorres Auto Transport LLC
15241 Sw 80th St
Merc Group Inc.
15241 Sw 80th St
Yusiet Services Inc
15231 Sw 80th St
Orinoco Import & Export Inc.
15328 Sw 77 Lane
Big Tree Enterprises L.L.C.
8017 Sw 153rd Ct
Dianet Bus Service, Inc
7934 Sw 153rd Ct
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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