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 
11840 Sw 79 Ter Single Family 2,357 C
11912 Sw 79 Ter Single Family 2,357 C
11840 Sw 80 St 512 Condominium 985 B
11840 Sw 80 St 513 Condominium 985 B
11840 Sw 80 St 516 Condominium 985 B
11840 Sw 80 St 515 Condominium 1,195 B
11840 Sw 80 St 526 Condominium 965 B
11840 Sw 80 St 514 Condominium 1,195 B
11840 Sw 80 St 518 Condominium 1,195 B
11840 Sw 80 St 511 Condominium 1,195 B
11840 Sw 80 St 527 Condominium 965 B
11840 Sw 80 St 522 Condominium 965 B
11840 Sw 80 St 517 Condominium 985 B
11840 Sw 80 St 523 Condominium 965 B
11830 Sw 80 St 418 Condominium 1,195 B
11830 Sw 80 St 422 Condominium 965 B
11830 Sw 80 St 427 Condominium 965 B
11830 Sw 80 St 415-2 Condominium 1,195 B
11830 Sw 80 St 414 Condominium 1,195 B
11830 Sw 80 St 412 Condominium 985 B
11830 Sw 80 St 426 Condominium 965 B
11830 Sw 80 St 423 Condominium 965 B
11830 Sw 80 St 417 Condominium 985 B
11830 Sw 80 St 413 Condominium 985 B
11830 Sw 80 St 411 Condominium 1,195 B
11830 Sw 80 St 416 Condominium 985 B
11836 Sw 79 Ter Single Family 2,357 C
11916 Sw 79 Ter Single Family 2,715 C
11820 Sw 80 St 319 Condominium 1,495 B
11820 Sw 80 St 313 Condominium 1,495 B
11820 Sw 80 St 320 Condominium 1,195 B
11820 Sw 80 St 315 Condominium 1,195 B
11820 Sw 80 St 318 Condominium 1,495 B
11820 Sw 80 St 311 Condominium 1,195 B
11820 Sw 80 St 314 Condominium 1,495 B
11820 Sw 80 St 317 Condominium 1,495 B
11820 Sw 80 St 316 Condominium 1,195 B
11820 Sw 80 St 312 Condominium 1,495 B
11832 Sw 79 Ter Single Family 2,193 C
11843 Sw 79 Ter Single Family 2,983 C
11911 Sw 79 Ter Single Family 2,983 C
11920 Sw 79 Ter Single Family 2,715 C
11810 Sw 80 St 214 Condominium 1,195 B
11810 Sw 80 St 215 Condominium 1,195 B
11810 Sw 80 St 216 Condominium 985 B
11810 Sw 80 St 217 Condominium 985 B
11810 Sw 80 St 213 Condominium 985 B
11810 Sw 80 St 212 Condominium 985 B

Local Household Income

The median household income in this part of Florida is $84,369. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $246,527 per year. The top 1% earn more than $657,024 per year. Most renters earn between $37,968 (20th percentile) and $61,836 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $168,738 and $210,923.

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 $1,313. Most renters earn between $3,164 and $5,153 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,011 (20th percentile) to $1,715 (80th percentile) range. The residential vacancy rate is 5%.

Nearby Companies

I Kid You Not, LLC
11826 Sw 78 Terr
By Aestheticss, LLC
11818 Sw 78th Ter
Gal Group, LLC
11906 Sw 78 Terr
Excelsior Academies, Inc.
11905 Sw 78 Terr
Lana Swanson, P.A.
11910 Sw 78th Ter
Ecs Distributing LLC
7990 Sw 117 Ave
Mint Building Services LLC
11928 Sw 79 Ter
The Printer Team Inc.
11919 Sw 79th Ter
Rsy Management LLC
13701 Sw 119th Ave
Garcia Air Corp
11820 Sw 80 St
Rcbds, LLC
11832 Sw 79 Terrace
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.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.