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 
9650 Sw 122 Ct Single Family 3,670 B
9601 Sw 123 Ave Single Family 3,228 B
9651 Sw 123 Ave Single Family 4,341 B
12251 Sw 96 St Single Family 2,209 B
9601 Sw 122 Ct Single Family 3,696 B
12241 Sw 96 St Single Family 1,620 B
12261 Sw 96 St Single Family 2,207 B
12231 Sw 96 St Single Family 1,973 B
9690 Sw 122 Ct Single Family 3,180 B
12271 Sw 96 St Single Family 1,952 B
12221 Sw 96 St Single Family 2,161 B
9691 Sw 123 Ave Single Family 2,916 B
12254 Sw 95 St Single Family 2,188 B
12244 Sw 95 St Single Family 2,122 B
12264 Sw 95 St Single Family 1,954 B
12300 Sw 96 St Single Family 2,803 B
9691 Sw 122 Ct Single Family 3,355 B
12234 Sw 95 St Single Family 2,083 B
12301 Sw 97 St Single Family 2,465 B
9600 Sw 122 Ave Single Family 3,650 B
12274 Sw 95 St Single Family 2,384 B
9575 Sw 123 Ct Single Family 1,743 B
12211 Sw 96 St Single Family 2,054 B
9650 Sw 122 Ave Single Family 3,117 B
12224 Sw 95 St Single Family 2,273 B
9565 Sw 123 Ct Single Family 1,632 B
9750 Sw 122 Ct Single Family 4,360 B
12310 Sw 96 St Single Family 2,938 B
12300 Sw 97 St Single Family 3,523 B
9751 Sw 123 Ave Single Family 4,452 B
9555 Sw 123 Ct Single Family 1,546 B
12214 Sw 95 St Single Family 1,620 B
12201 Sw 96 St Single Family 2,128 B
12311 Sw 97 St Single Family 2,561 B
9690 Sw 122 Ave Single Family 2,907 B
9753 Sw 122 Ct Single Family 3,760 B
12251 Sw 95 St Single Family 2,245 B
12241 Sw 95 St Single Family 1,917 B
12261 Sw 95 St Single Family 2,789 B
12320 Sw 96 St Single Family 2,601 B
12310 Sw 97 St Single Family 2,351 B
12204 Sw 95 St Single Family 2,162 B
12310 Sw 95 Ter Single Family 2,100 B
12231 Sw 95 St Single Family 2,200 B
12311 Sw 97 Ter Single Family 3,209 B
12271 Sw 95 St Single Family 1,988 B
12221 Sw 95 St Single Family 2,124 B
12321 Sw 97 St Single Family 2,299 B
9750 Sw 122 Ave Single Family 2,817 B

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 100 of all properties in this area.

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%.

Nearby Companies

13008, LLC
12300 Sw 97 St
Virtual It Managers, Inc.
9651 Sw 123rd Ave
The Temple Law Firm, P.L.L.C.
9650 Sw 122 Avenue
Ppe Buyers, LLC
9650 Sw 122 Avenue
Celta Imports Corporation
9600 Sw 122 Ct
Pamplona Foods, Inc.
9600 Sw 122 Ct
Sergio A. Betancourt P.A.
9601 Sw 122 Ct
Ctr, LLC
12300 Sw 96 Street
Torgar Group LLC
9600 Southwest 122nd Ct
Coan Investments, Inc.
12300 Sw 96th St
Sylma M Millares, P A
12204 Sw 95 St
Miami House Buyers, Inc.
12310 Sw 97 St
6039, LLC
12300 Sw 97 St
8520, LLC
12300 Sw 97 St
Sansa Assets LLC
12320 Sw 97 Street
Disclaimers and Disclosures

Public Records Data

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