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 
178 Nw 84 St Single Family 1,415 C
154 Nw 84 St Single Family 1,077 C
159 Nw 83 St Single Family 2,583 C
177 Nw 83 St Single Family 1,059 C
140 Nw 84 St Single Family 1,124 C
180 Nw 84 St Multi-family - less than 10 units 2,772 C
167 Nw 84 St Single Family 1,169 C
137 Nw 83 St Single Family 1,228 C
191 Nw 83 St Single Family 952 C
155 Nw 84 St Single Family 1,201 C
179 Nw 84 St Single Family 1,312 C
128 Nw 84 St Single Family 1,448 C
143 Nw 84 St Single Family 923 C
191 Nw 84 St Office building, non-professional service building, one story 2,600 B
127 Nw 83 St Single Family 979 C
205 Nw 84 St 205 Condominium 1,150 B
201 Nw 84 St 201 Condominium 1,660 B
204 Nw 84 St 204 Condominium 1,150 B
200 Nw 84 St 200 Condominium 1,660 B
174 Nw 83 St Multi-family - less than 10 units 2,267 C
8310 Nw 2 Ave 8310 Condominium 1,150 B
8304 Nw 2 Ave 8304 Condominium 1,150 B
8300 Nw 2 Ave 8300 Condominium 1,660 B
8306 Nw 2 Ave 8306 Condominium 930 B
8314 Nw 2 Ave 8314 Condominium 1,660 B
8308 Nw 2 Ave 8308 Condominium 930 B
118 Nw 84 St Single Family 2,193 C
211 Nw 84 St 211 Condominium 1,150 B
209 Nw 84 St 209 Condominium 930 B
210 Nw 84 St 210 Condominium 1,150 B
208 Nw 84 St 208 Condominium 930 B
207 Nw 84 St 207 Condominium 930 B
206 Nw 84 St 206 Condominium 930 B
8426 Nw 2 Ave 8426 Condominium 930 B
8424 Nw 2 Ave 8424 Condominium 1,150 B
8420 Nw 2 Ave 8420 Condominium 1,660 B
125 Nw 84 St Single Family 1,620 C
190 Nw 83 St Single Family 1,097 C
119 Nw 83 St Single Family 1,972 C
8430 Nw 2 Ave 8430 Condominium 1,150 B
8428 Nw 2 Ave 8428 Condominium 930 B
8434 Nw 2 Ave 8434 Condominium 1,660 B
217 Nw 84 St 217 Condominium 465 B
214 Nw 84 St 214 Condominium 1,660 B
215 Nw 84 St 215 Condominium 1,660 B
8283 Nw 1 Pl Single Family 679 C
160 Nw 85 St Single Family 1,955 C
221 Nw 83 St 221 Condominium 1,660 B
144 Nw 85 St Multi-family - less than 10 units 1,999 C

Local Household Income

The median household income in this part of Florida is $39,076. The bottom 10% of the population earn less than $12,487 per year. The top 10% earn more than $96,613 per year. The top 1% earn more than $197,554 per year. Most renters earn between $23,232 (20th percentile) and $38,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $78,152 and $97,690.

The tax assessed value of this property places it in percentile 69 of all properties in this area. This suggests it would appeal to someone earning around $56,163 per year who should qualify for a mortgage between $112,326 and $140,408.

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 $953. Most renters earn between $1,936 and $3,215 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $538 (20th percentile) to $1,218 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 69 of all properties in this area. This corresponds to a rent of $1,108 per month and a monthly household income of $2,818 ($33,816 per year)

Nearby Companies

State Neighborhood Inc
154 Nw 84th St
Gemkoy LLC
129 Nw 85th St
Mizz Sweetie World LLC
119 Nw 83rd St
Together All LLC
119 Nw 83rd 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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