8402 Nw 141 Ter 4006, Miami Lakes
Miami-Dade County Real Estate - Hialeah
Hialeah
Hialeah is the sixth largest city in Florida in terms of population and is located in Miami Dade County. In terms of population, Hialeah is the densest American city not to feature a skyscraper. 95% of Hialeah's population is Hispanic. The second largest Spanish television network, Telemundo, is headquartered in Hialeah. Top employers for Hialeah County are Hialeah Hospital, Palmetto General Hospital, Best Buy, Starbucks, and CVS Pharmacy.
Hialeah is in South East Florida. It's population as recorded in the 2010 Census was 224,669.
The median age for residents of Hialeah is 42.2. Around 38.3% of Hialeah households include school aged children and 41.6% of households include individuals aged 65 years or over. Census records indicate 92.6% of the Hialeah population are White, 2.6% are Black or African American, .1% American Indian, .3% Asian and 1.5% are Two or more Races. Hialeah has a significant Hispanic population. 94.7% (212,805) of Hialeah residents are of Hispanic or Latino origin. Of these .85% are of Mexican origin, 2.36% Puerto Rican, 77.4% Cuban and 19.37% are of other Hispanic or Latino origin.
There are 74,067 housing units in Hialeah. 2,862 (3.8%) of these were reported as vacant in the 2010 Census. There are 36,569 residential rental units in Hialeah. 35,190 of them were occupied in 2010 providing a residential rental vacancy rate of 3.6%.
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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 | |
|---|---|---|---|---|
| 8402 Nw 141 Ter 4005 | Condominium | 1,450 | B |
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| 8402 Nw 141 Ter 4001 | Condominium | 1,450 | B |
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| 8402 Nw 141 Ter 4003 | Condominium | 1,235 | B |
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| 8402 Nw 141 Ter 4002 | Condominium | 1,459 | B |
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| 8402 Nw 141 Ter 4004 | Condominium | 1,450 | B |
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| 8425 Nw 141 Ter 4201 | Condominium | 1,459 | B |
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| 8425 Nw 141 Ter 4202 | Condominium | 1,450 | B |
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| 14131 Nw 84 Ct 4104 | Condominium | 1,235 | B |
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| 14131 Nw 84 Ct 4102 | Condominium | 1,450 | B |
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| 14131 Nw 84 Ct 4105 | Condominium | 1,546 | B |
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| 14131 Nw 84 Ct 4103 | Condominium | 1,351 | B |
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| 14131 Nw 84 Ct 4101 | Condominium | 1,459 | B |
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| 8425 Nw 141 Ter 4207 | Condominium | 1,459 | B |
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| 8425 Nw 141 Ter 4205 | Condominium | 1,351 | B |
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| 8425 Nw 141 Ter 4203 | Condominium | 1,351 | B |
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| 8425 Nw 141 Ter 4206 | Condominium | 1,546 | B |
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| 8425 Nw 141 Ter 4208 | Condominium | 1,450 | B |
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| 8444 Nw 141 Ter 3901 | Condominium | 1,450 | B |
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| 8444 Nw 141 Ter 3906 | Condominium | 1,459 | B |
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| 8444 Nw 141 Ter 3903 | Condominium | 1,235 | B |
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| 8444 Nw 141 Ter 3902 | Condominium | 1,459 | B |
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| 8444 Nw 141 Ter 3904 | Condominium | 1,351 | B |
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| 8444 Nw 141 Ter 3905 | Condominium | 1,450 | B |
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| 8424 Nw 141 Ln 4308 | Condominium | 1,474 | B |
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| 8424 Nw 141 Ln 4304 | Condominium | 1,351 | B |
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| 8424 Nw 141 Ln 4302 | Condominium | 1,459 | B |
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| 8424 Nw 141 Ln 4303 | Condominium | 1,546 | B |
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| 8424 Nw 141 Ln 4306 | Condominium | 1,351 | B |
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| 8424 Nw 141 Ln 4305 | Condominium | 1,450 | B |
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| 8424 Nw 141 Ln 4301 | Condominium | 1,450 | B |
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| 8424 Nw 141 Ln 4307 | Condominium | 1,450 | B |
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| 8405 Nw 140 Ter 3706 | Condominium | 1,450 | B |
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| 8405 Nw 140 Ter 3703 | Condominium | 1,351 | B |
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| 8405 Nw 140 Ter 3702 | Condominium | 1,450 | B |
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| 8405 Nw 140 Ter 3704 | Condominium | 1,235 | B |
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| 8405 Nw 140 Ter 3705 | Condominium | 1,459 | B |
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| 8405 Nw 140 Ter 3701 | Condominium | 1,459 | B |
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| 8422 Nw 140 Ter 3607 | Condominium | 1,351 | B |
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| 8422 Nw 140 Ter 3604 | Condominium | 1,459 | B |
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| 8422 Nw 140 Ter 3603 | Condominium | 1,235 | B |
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| 8422 Nw 140 Ter 3602 | Condominium | 1,546 | B |
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| 8422 Nw 140 Ter 3610 | Condominium | 1,459 | B |
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| 8422 Nw 140 Ter 3609 | Condominium | 1,450 | B |
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| 8422 Nw 140 Ter 3606 | Condominium | 1,546 | B |
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| 8422 Nw 140 Ter 3601 | Condominium | 1,459 | B |
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| 8422 Nw 140 Ter 3608 | Condominium | 1,450 | B |
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| 8422 Nw 140 Ter 3605 | Condominium | 1,235 | B |
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| 8445 Nw 140 Ter 3806 | Condominium | 1,450 | B |
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| 8445 Nw 140 Ter 3802 | Condominium | 1,450 | B |
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Local Household Income
The median household income in this part of Florida is $55,358. The bottom 10% of the population earn less than $17,870 per year. The top 10% earn more than $130,256 per year. The top 1% earn more than $382,868 per year. Most renters earn between $34,188 (20th percentile) and $55,368 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $110,716 and $138,395.
The tax assessed value of this property places it in percentile 59 of all properties in this area. This suggests it would appeal to someone earning around $65,453 per year who should qualify for a mortgage between $130,906 and $163,633.
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 $1,202. Most renters earn between $2,849 and $4,614 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $958 (20th percentile) to $1,602 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 59 of all properties in this area. This corresponds to a rent of $1,303 per month and a monthly household income of $3,847 ($46,164 per year)
Nearby Companies
8527 Glencairn Ter
8466 Glencairn Ter
8421 Nw 140th St
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8400 Nw 140th St
8507 Nw 140th Ter
8402 Nw 141 Terrace
8508 Nw 141 Terrace #503
8444 Nw 141 Terrace
8526 Glencairn Ter