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 
11240 Sw 29 St Single Family 3,786 B
11250 Sw 29 St Single Family 3,786 B
11230 Sw 29 St Single Family 4,168 A
11225 Sw 30 St Single Family 3,510 A
11278 Sw 30 St Improved agricultural 6,472 B
11220 Sw 29 St Single Family 3,315 B
2950 Sw 113 Ave Single Family 3,045 B
11215 Sw 30 St Single Family 3,383 B
11273 Sw 29 St Single Family 5,561 A
11210 Sw 29 St Single Family 3,243 B
11291 Sw 29 St Single Family 4,887 A
11255 Sw 29 St Single Family 5,352 A
3004 Sw 113 Ave Single Family 3,188 B
11250 Sw 30 St Multi-family - less than 10 units 4,067 B
2900 Sw 113 Ave Single Family 3,264 B
11237 Sw 29 St Single Family 3,658 B
11240 Sw 30 St Single Family 3,494 B
11205 Sw 30 St Single Family 1,981 A
11341 Sw 30 St Single Family 4,204 B
3024 Sw 113 Ave Single Family 2,983 B
11200 Sw 29 St Single Family 3,241 B
11219 Sw 29 St Single Family 4,019 A
3100 Sw 112 Pl Single Family 2,553 B
11272 Sw 28 St Single Family 3,450 A
3105 Sw 113 Ave Single Family 2,133 B
11200 Sw 30 St Single Family 2,439 B
11290 Sw 28 St Single Family 4,092 A
3034 Sw 113 Ave Single Family 4,990 B
11254 Sw 28 St Single Family 3,669 A
11340 Sw 30 St Single Family 3,854 B
3105 Sw 112 Pl Single Family 2,580 B
3030 Sw 112 Ave Single Family 2,378 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 45 of all properties in this area. This suggests it would appeal to someone earning around $52,730 per year who should qualify for a mortgage between $105,460 and $131,825.

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 45 of all properties in this area. This corresponds to a rent of $1,241 per month and a monthly household income of $2,817 ($33,804 per year)

Nearby Companies

Saldana Oak Tree Capital LLC
11255 Sw 29th St
2701 Sw 33 Ct, LLC
11240 Sw 29th St
Corbera Family Trust, LLC
11240 Sw 29th St
2430 Sw 128 Ct, LLC
11240 Sw 29th St
814 E 22 St, LLC
11240 Sw 29th St
4210 Sw 19 Ave, LLC
11240 Sw 29th St
13196 Sw 9 Ln, LLC
11240 Sw 29th St
1721 Sw 131 Pl, LLC
11240 Sw 29th St
840 Sw 129 Pl, LLC
11240 Sw 29th St
2795 Sw 6 St, LLC
11240 Sw 29th St
15595 Sw 77 Ter, LLC
11240 Sw 29th St
14212 Sw 21 Ter, LLC
11240 Sw 29th St
2748 Nw 16 Ter, LLC
11240 Sw 29th St
11261 Sw 30 St, LLC
11240 Sw 29th St
8501 Sw 16 St, LLC
11240 Sw 29th St
15560 Sw 77 Ter, LLC
11240 Sw 29th St
13194 Sw 9 Ln, LLC
11240 Sw 29th St
1416 Sw 131 Pl , LLC
11240 Sw 29th St
Results Air Services Corp
11240 Sw 29th St
Laar Management, Inc
11273 Sw 29 St
Sanchez Perez Transport Inc
11254 Sw 28th St
Us Cargo Express, LLC
3034 Sw 113 Ave
495 Florida Blvd., LLC.
11225 Sw 30 Street
128 Ponce De Leon Blvd, LLC
11225 Sw 30 Street
Homestead Auto Center Inc.
11215 Sw 30th St
Resar Investments, Inc.
2900 Sw 113th Ave
Zabala Ap-1, LLC
11215 Sw 30 St
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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