5486 Nw 171 Ter, Unincorporated County
Miami-Dade County Real Estate - Opa locka
Opa-locka was developed in 1926 and based on a One Thousand and One Nights theme. Opa-locka has the largest collection of Moorish Revival architecture in the Western hemisphere. Its streets have names like Sabur Lane, Sultan Avenue, Ali Baba Avenue, Perviz Avenue and Sesame Street. The name Opa-locka is an abbreviation of a Seminole place name, spelled Opa-tisha-wocka-locka. The city center has a rundown feel today. Opa-locka has one of the highest rates of violent crime for any city in the United States
Amelia Earhart launched her trip around the world from Miami Municipal Airport, just south of Opa-locka.
Opa-locka Executive Airport (OPF) is located 10 minutes from the Sun Life Stadium and 20 minutes from Miami International Airport. It is designated as a relief airfield for Miami International Airport and has no landing fees. The airport offers a wide range of aircraft repair and maintenance services, including airframe, powerplant and avionics repair. The airport is also home to a U.S. Coast Guard Air/Sea Rescue Station.
Opa Locka is in South East Florida. Opa Locka is approximately 8 miles from Miami (population 399,457) and around 4 miles from Hialeah (population 224,669).
Opa Locka links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5484 Nw 171 Ter | Condominium | 1,137 | B |
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| 5488 Nw 171 Ter | Condominium | 1,137 | B |
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| 5482 Nw 171 Ter | Condominium | 1,137 | B |
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| 5490 Nw 171 Ter | Condominium | 1,137 | B |
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| 5492 Nw 171 Ter | Condominium | 1,137 | B |
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| 5480 Nw 171 Ter | Condominium | 1,142 | B |
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| 5494 Nw 171 Ter | Condominium | 1,137 | B |
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| 5496 Nw 171 Ter | Condominium | 1,251 | B |
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| 5467 Nw 170 Ter | Condominium | 1,229 | B |
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| 5465 Nw 170 Ter | Condominium | 1,137 | B |
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| 5469 Nw 170 Ter | Condominium | 1,229 | B |
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| 5463 Nw 170 Ter | Condominium | 1,229 | B |
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| 5471 Nw 170 Ter | Condominium | 1,229 | B |
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| 5473 Nw 170 Ter | Condominium | 1,229 | B |
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| 5461 Nw 170 Ter | Condominium | 1,229 | B |
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| 5475 Nw 170 Ter | Condominium | 1,229 | B |
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| 5498 Nw 171 Ter | Condominium | 1,251 | B |
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| 17100 Nw 54 Ct | Single Family | 1,145 | B |
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| 5477 Nw 170 Ter | Condominium | 1,229 | B |
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| 17030 Nw 54 Ct | Single Family | 1,442 | B |
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| 5479 Nw 170 Ter | Condominium | 1,229 | B |
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| 5487 Nw 171 Ter | Condominium | 1,137 | B |
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| 5485 Nw 171 Ter | Condominium | 1,137 | B |
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| 5489 Nw 171 Ter | Condominium | 1,142 | B |
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| 17110 Nw 54 Ct | Single Family | 1,113 | B |
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| 5483 Nw 171 Ter | Condominium | 1,137 | B |
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| 5491 Nw 171 Ter | Condominium | 1,142 | B |
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| 5493 Nw 171 Ter | Condominium | 1,142 | B |
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| 5481 Nw 171 Ter | Condominium | 1,142 | B |
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| 5495 Nw 171 Ter | Condominium | 1,142 | B |
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| 5497 Nw 171 Ter | Condominium | 1,142 | B |
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| 17020 Nw 54 Ct | Single Family | 1,622 | B |
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| 5499 Nw 171 Ter | Condominium | 1,142 | B |
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| 17120 Nw 54 Ct | Single Family | 1,175 | B |
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| 17070 Nw 55 Ave | Condominium | 1,302 | B |
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| 17072 Nw 55 Ave | Condominium | 1,114 | B |
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| 17074 Nw 55 Ave | Condominium | 1,114 | B |
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| 17076 Nw 55 Ave | Condominium | 1,114 | B |
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| 17078 Nw 55 Ave | Condominium | 1,114 | B |
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| 5466 Nw 170 Ter | Condominium | 1,107 | B |
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| 5464 Nw 170 Ter | Condominium | 1,107 | B |
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| 17080 Nw 55 Ave | Condominium | 1,114 | B |
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| 5468 Nw 170 Ter | Condominium | 1,107 | B |
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| 17010 Nw 54 Ct | Single Family | 2,281 | B |
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| 5462 Nw 170 Ter | Condominium | 1,107 | B |
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| 5470 Nw 170 Ter | Condominium | 1,107 | B |
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| 5472 Nw 170 Ter | Condominium | 1,107 | B |
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| 5460 Nw 170 Ter | Condominium | 1,107 | B |
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| 5460 Nw 172 St | Single Family | 1,549 | B |
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Local Household Income
The median household income in this part of Florida is $48,512. The bottom 10% of the population earn less than $13,887 per year. The top 10% earn more than $108,734 per year. The top 1% earn more than $232,289 per year. Most renters earn between $24,972 (20th percentile) and $45,648 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $97,024 and $121,280.
The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $17,822 per year who should qualify for a mortgage between $35,644 and $44,555.
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 $1,077. Most renters earn between $2,081 and $3,804 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $771 (20th percentile) to $1,498 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 14 of all properties in this area. This corresponds to a rent of $695 per month and a monthly household income of $1,777 ($21,324 per year)
Nearby Companies
5440 Nw 172 St
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16920 Nw 54th Ct
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17000 Nw 54 Ave
17030 Nw 54 Court
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17115 Nw 54th Ct
17088 Nw 55th Ave
17050 Nw 56th Ct
17050 Nw 55th Ave
5480 Nw 171 Terrace
17066 Nw 56th Ct
17066 Nw 56 Ct
16930 Nw 55 Ave
16934 Nw 55 Ave
16954 Nw 55 Ave
16946 Nw 55th Ave
16964 Nw 55 Avenue
5570 Nw 170 Th St
5570 Nw 170 Th St
5564 Nw 170th St
5540 Nw 172nd St