10656 Sw 123 Pl, Unincorporated County
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:
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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
Address | Type | Sq Ft | Class | |
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10646 Sw 123 Pl | Condominium | 1,271 | B |
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10706 Sw 123 Pl | Condominium | 1,102 | B |
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10636 Sw 123 Pl | Condominium | 1,271 | B |
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10716 Sw 123 Pl | Condominium | 1,015 | B |
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10626 Sw 123 Pl | Condominium | 1,015 | B |
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10726 Sw 123 Pl | Condominium | 1,271 | B |
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12330 Sw 109 Ter | Single Family | 1,666 | B |
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10647 Sw 123 Pl | Condominium | 1,015 | B |
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10637 Sw 123 Pl | Condominium | 1,271 | B |
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10627 Sw 123 Pl | Condominium | 1,102 | B |
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10616 Sw 123 Pl | Condominium | 1,102 | B |
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10657 Sw 123 Pl | Condominium | 1,102 | B |
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10736 Sw 123 Pl | Condominium | 1,271 | B |
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12340 Sw 106 St | Single Family | 1,528 | B |
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10707 Sw 123 Pl | Condominium | 1,015 | B |
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12377 Sw 106 Ter | Condominium | 1,225 | B |
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12340 Sw 109 Ter | Single Family | 1,528 | B |
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10746 Sw 123 Pl | Condominium | 1,015 | B |
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10717 Sw 123 Pl | Condominium | 1,271 | B |
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12367 Sw 106 Ter | Condominium | 1,015 | B |
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12310 Sw 109 Ter | Single Family | 2,314 | B |
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10674 Sw 123 Ct | Condominium | 1,102 | B |
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10654 Sw 123 Ct | Condominium | 1,015 | B |
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10664 Sw 123 Ct | Condominium | 1,015 | B |
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12350 Sw 106 St | Single Family | 1,735 | B |
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10644 Sw 123 Ct | Condominium | 1,225 | B |
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10727 Sw 123 Pl | Condominium | 1,015 | B |
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10634 Sw 123 Ct | Condominium | 1,030 | B |
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10806 Sw 123 Pl | Condominium | 1,015 | B |
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12357 Sw 106 Ter | Condominium | 1,271 | B |
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12350 Sw 109 Ter | Single Family | 1,471 | B |
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10737 Sw 123 Pl | Condominium | 1,271 | B |
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10742 Sw 123 Ct | Condominium | 1,225 | B |
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10816 Sw 123 Pl | Condominium | 1,271 | B |
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12347 Sw 106 Ter | Condominium | 1,102 | B |
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12360 Sw 106 St | Single Family | 2,097 | B |
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12321 Sw 106 St | Single Family | 1,820 | B |
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10732 Sw 123 Ct | Condominium | 1,271 | B |
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12331 Sw 106 St | Single Family | 1,902 | B |
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10747 Sw 123 Pl | Condominium | 1,102 | B |
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10826 Sw 123 Pl | Condominium | 1,271 | B |
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12311 Sw 106 St | Single Family | 1,510 | B |
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12337 Sw 106 Ter | Condominium | 1,030 | B |
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12311 Sw 109 Ter | Single Family | 1,907 | B |
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12353 Sw 111 Ln | Condominium | 1,271 | B |
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12341 Sw 106 St | Single Family | 1,578 | B |
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10653 Sw 123 Ct | Condominium | 1,271 | B |
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12331 Sw 109 Ter | Single Family | 2,085 | B |
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10722 Sw 123 Ct | Condominium | 1,030 | B |
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Local Household Income
The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,010 per year. The top 10% earn more than $161,932 per year. The top 1% earn more than $467,603 per year. Most renters earn between $34,968 (20th percentile) and $56,340 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.
The tax assessed value of this property places it in percentile 26 of all properties in this area. This suggests it would appeal to someone earning around $39,150 per year who should qualify for a mortgage between $78,300 and $97,875.
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 $1,340. Most renters earn between $2,914 and $4,695 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,722 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 26 of all properties in this area. This corresponds to a rent of $1,102 per month and a monthly household income of $3,045 ($36,540 per year)
Nearby Companies
12331 Sw 109 Ter
12340 Sw 109 Terrace
12340 Sw 109th Ter
12340 Sw 109th Ter
12361 Sw 106 St
12361 Sw 106 St
10647 Sw 123 Place
12377 Sw 106 Terrace
12367 Sw 106th Ter
12357 Sw 106 Terr
12304 Sw 105 Ln
12334 Sw 105th Ln
12334 Sw 105th Ln
12381 Sw 109th Ter
12380 S W 109 Terrace