3720 Sw 88 Pl, Unincorporated County
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%.
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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 | |
|---|---|---|---|---|
| 3710 Sw 88 Pl | Single Family | 912 | B |
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| 3722 Sw 88 Pl | Single Family | 993 | B |
|
| 3700 Sw 88 Pl | Single Family | 1,924 | B |
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| 3725 Sw 89 Ave | Single Family | 1,250 | B |
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| 3715 Sw 89 Ave | Single Family | 1,605 | B |
|
| 3735 Sw 89 Ave | Single Family | 1,641 | B |
|
| 8851 Sw 38 St | Multi-family - less than 10 units | 3,374 | B |
|
| 8867 Sw 38 St | Multi-family - less than 10 units | 3,000 | B |
|
| 3705 Sw 89 Ave | Single Family | 2,284 | B |
|
| 3640 Sw 88 Pl | Single Family | 1,502 | B |
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| 8887 Sw 38 St | Single Family | 919 | B |
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| 3711 Sw 88 Pl | Vacant Residential | 0 | L | |
| 3731 Sw 88 Pl | Single Family | 1,441 | B |
|
| 3791 Sw 88 Pl | Multi-family - less than 10 units | 1,990 | B |
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| 3695 Sw 89 Ave | Single Family | 1,008 | B |
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| 3745 Sw 89 Ave | Single Family | 1,183 | B |
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| 3649 Sw 88 Pl | Single Family | 1,673 | B |
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| 8841 Sw 38 St | Single Family | 1,752 | B |
|
| 3645 Sw 88 Pl | Single Family | 1,465 | B |
|
| 3635 Sw 89 Ave | Single Family | 1,530 | B |
|
| 3628 Sw 88 Pl | Single Family | 794 | B |
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| 3635 Sw 88 Pl | Single Family | 1,329 | B |
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| 3720 Sw 88 Ct | Single Family | 1,533 | B |
|
| 3730 Sw 88 Ct | Single Family | 1,555 | B |
|
| 8831 Sw 38 St | Multi-family - less than 10 units | 2,326 | B |
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| 3710 Sw 88 Ct | Single Family | 815 | B |
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| 3629 Sw 89 Ave | Single Family | 1,040 | B |
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| 8860 Sw 38 St | Multi-family - less than 10 units | 1,723 | B |
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| 8907 Sw 38 St | Multi-family - less than 10 units | 3,142 | B |
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| 3720 Sw 89 Ave | Single Family | 1,928 | B |
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| 3710 Sw 89 Ave | Single Family | 2,222 | B |
|
| 3700 Sw 88 Ct | Single Family | 836 | B |
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| 3730 Sw 89 Ave | Single Family | 1,302 | B |
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| 3801 Sw 89 Ave | Multi-family - less than 10 units | 2,187 | B |
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| 3700 Sw 89 Ave | Single Family | 1,244 | B |
|
| 3610 Sw 88 Pl | Single Family | 1,618 | B |
|
| 3801 Sw 88 Pl | Multi-family - less than 10 units | 1,539 | B |
|
| 3796 Sw 88 Ct | Multi-family - less than 10 units | 3,078 | B |
|
| 3644 Sw 89 Ave | Single Family | 992 | B |
|
| 3615 Sw 89 Ave | Single Family | 1,496 | B |
|
| 3615 Sw 88 Pl | Single Family | 895 | B |
|
| 8911 Sw 38 St | Single Family | 1,167 | B |
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| 8840 Sw 38 St | Single Family | 932 | B |
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| 3640 Sw 88 Ct | Single Family | 822 | B |
|
| 3630 Sw 89 Ave | Multi-family - less than 10 units | 2,050 | B |
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| 3811 Sw 89 Ave | Multi-family - less than 10 units | 2,130 | B |
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| 3810 Sw 88 Pl | Multi-family - 10 units or more | 4,802 | B |
|
| 8836 Sw 38 St | Single Family | 1,167 | 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 29 of all properties in this area. This suggests it would appeal to someone earning around $36,279 per year who should qualify for a mortgage between $72,558 and $90,698.
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 29 of all properties in this area. This corresponds to a rent of $1,085 per month and a monthly household income of $2,460 ($29,520 per year)
Nearby Companies
3810 Sw 88 Pl
8810 Sw 36 St
3700 Sw 88 Pl
3720 Sw 88 Pl
3600 Sw 88th Pl
3710 Sw 88th Pl
3791 Sw 88 Place
3650 Sw 88 Ct
8833 Sw 38 Street
8831 Sw 38th St
3735 Sw 88th Ct
3801 Sw 89th Ave
3811 Sw 89 Ave
3815 Sw 89 Ave