Miami-Dade County Real Estate - Miami Beach

Miami Beach is a resort city located on a series of barrier islands located between Biscayne Bay and the Atlantic Ocean.  The city's main economic driver is tourism and it has a population of approximately 88,000.  The city's origins lie in the 1870 purchase of the land by Henry and Charles Lum.  The land was purchased for 25 cents an acre and its development continued in the following decades with the planting of coconut, avocado, and various other fruit plantations.  Chartered in March 1915, Miami Beach became a city in 1917.

Miami Beach exists in four different zip codes 33139, 33140, and 33141.  The main three neighborhoods in Miami Beach are South Beach, Mid Beach, and North Beach.  South Beach covers most of the 33139 zip code, Mid-Beach exists in both 33140 and parts of 33139, and North beach covers both the 33140 and 33141 zip codes.

South beach is the biggest and most populous neighborhood in Miami beach.  It has a population of approximately 39,000.  South Beach is known for its status as a popular entertainment destination, as it is home to many upmarket restaurants, hotels, and nightclubs.  South Beach's major thoroughfare, Ocean Drive, is the center of the famous Miami Art Deco district.  The road starts at Miami Beach's southernmost point, South Pointe Park, and runs north through the city stopping at 15th street.

Mid-Beach is Miami Beach's smallest and least populous section, home to about 10,000 people.  The area is mostly residential, and its most notable neighborhoods include Oceanfront, Bayshore, and Nautilus.  Mid-Beach is known for being home to a series of high-end houses known as millionaire's row.

The northernmost section of Miami Beach, North Beach, is home to approximately 28,000 residents.  North Beach's most populous neighborhood, Isles of Normandy, is located on the eastern shore of Biscayne Bay.  It has a population of approximately 9,000.  Other neighborhoods located in this section of the city include Biscayne Pointe and La Gorce.

Miami Beach is among the fastest growing cities in the US.  Its location and residents have created a subculture unique to Miami Beach and distinct from that of Miami.  Spanish is a first language for more than half of Miami Beach's citizens, as 53% of the city's population is made up of Latin American immigrants and their descendants.  Non-hispanic caucasians account for about 40% of the population and the remaining 7% of the population is made up of African and Aisian Americans, as well as mixed raced citizens.

Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 87,779.

The median age for residents of Miami Beach is 40.3. Around 14.9% of Miami Beach households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 87.3% of the Miami Beach population are White, 4.3% are Black or African American, .2% American Indian, 1.8% Asian and 2.6% are Two or more Races. Miami Beach has a significant Hispanic population. 53% (46,564) of Miami Beach residents are of Hispanic or Latino origin. Of these 3.32% are of Mexican origin, 6.96% Puerto Rican, 37.79% Cuban and 51.91% are of other Hispanic or Latino origin.

There are 67,499 housing units in Miami Beach. 20,331 (30.1%) of these were reported as vacant in the 2010 Census. Miami Beach is a tourist destination, 58.9% (11,988) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 33,960 residential rental units in Miami Beach. 28,974 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Miami Beach 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 
260 Euclid Ave 23 Condominium 368 B
260 Euclid Ave 5 Condominium 364 B
260 Euclid Ave 6 Condominium 364 B
260 Euclid Ave 2 Condominium 521 B
260 Euclid Ave 21 Condominium 521 B
260 Euclid Ave 24 Condominium 364 B
260 Euclid Ave 1 Condominium 526 B
260 Euclid Ave 10 Condominium 374 B
260 Euclid Ave 7 Condominium 372 B
260 Euclid Ave 29 Condominium 374 B
260 Euclid Ave 9 Condominium 374 B
260 Euclid Ave 3 Condominium 368 B
260 Euclid Ave 27 Condominium 372 B
260 Euclid Ave 8 Condominium 372 B
260 Euclid Ave 25 Condominium 364 B
260 Euclid Ave 28 Condominium 374 B
260 Euclid Ave 26 Condominium 372 B
260 Euclid Ave 4 Condominium 368 B
260 Euclid Ave 22 Condominium 368 B
260 Washington Ave Vacant Residential 0 L
300 Euclid Ave 210 Condominium 1,190 B
300 Euclid Ave 208 Condominium 1,190 B
300 Euclid Ave 207 Condominium 1,190 B
300 Euclid Ave 206 Condominium 1,190 B
300 Euclid Ave 205 Condominium 960 B
300 Euclid Ave 204 Condominium 960 B
300 Euclid Ave 203 Condominium 960 B
300 Euclid Ave 202 Condominium 960 B
300 Euclid Ave 201 Condominium 960 B
300 Euclid Ave 110 Condominium 1,190 B
300 Euclid Ave 109 Condominium 1,190 B
300 Euclid Ave 108 Condominium 1,190 B
300 Euclid Ave 107 Condominium 1,190 B
300 Euclid Ave 106 Condominium 1,190 B
300 Euclid Ave 105 Condominium 960 B
300 Euclid Ave 104 Condominium 960 B
300 Euclid Ave 103 Condominium 960 B
300 Euclid Ave 102 Condominium 960 B
300 Euclid Ave 101 Condominium 960 B
300 Euclid Ave 209 Condominium 1,190 B
242 Washington Ave Single Family 1,435 B
260 Euclid Ave Vacant Residential 0 L
248 Washington Ave 3 Condominium 3,130 B
248 Washington Ave 4 Condominium 3,100 B
248 Washington Ave 1 Condominium 1,390 B
248 Washington Ave 2 Condominium 1,530 B
234 Washington Ave Single Family 719 B
730 3 St 202 Condominium 1,570 B
730 3 St 101 Condominium 2,290 B

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,115 per year. The top 10% earn more than $176,321 per year. The top 1% earn more than $695,784 per year. Most renters earn between $28,044 (20th percentile) and $55,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $14,115 per year who should qualify for a mortgage between $28,230 and $35,288.

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 $1,035. Most renters earn between $2,337 and $4,644 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $452 per month and a monthly household income of $1,872 ($22,464 per year)

Nearby Companies

612 Cosb, LLC
344 Meridian Ave
Tropical Tigrou LLC
334 Euclid Ave
Euclid 112 LLC
338 Euclid Ave
Mali Art LLC
325 Meridian Ave
Euclid Capital, LLC
358 Euclid Ave
Tranquility House , Inc.
358 Euclid Ave
Miami Sofi Vacation Rentals LLC
350 Washington Ave
336 Collins LLC
336 Collins Ave
The Julia Hotel LLC
336 Collins Ave
Atlantic Point LLC
334 Washington Ave
Kathleen Rothenberg, LLC
334 Washington Ave
Short Stay, LLC
334 Washington Ave
334 Washington Avenue #2, LLC
334 Washington Ave
347 Washington Investment LLC
347 Washington Ave
Sofi Hotel Collection, LLC
347 Washington Ave
Arcipelago, LLC
355 Washington Ave
Br3 Architecture P.A.
325 Meridian Ave #14
300 Meridian Ave #2b, LLC
300 Meridian Ave #2b
Real Estate Solved, LLC
260 Euclid Ave
Gramaclinjuan LLC
260 Euclid Ave
Miami Art Kitchen LLC
328 Euclid Ave
Pargo Usa, LLC
320 Euclid Ave
Bolger Enterprises, LLC
300 Euclid Ave Unit 107
Armitage 104 LLC
300 Euclid Ave
Dark Nights, LLC
334 Euclid Ave
Ludwigsburg LLC
334 Euclid Ave
Cms Vacation Rentals LLC
334 Euclid Ave
Diana L Ducat Lassel Pa
334 Euclid Ave
Posh Vintage, Inc.
300 Euclid Ave
N.S. Entertainment, Inc.
300 Euclid Ave
Krilov, LLC
248 Washington Ave #4
Island Planning Corp.
248 Washington Ave
Congregation Beth Jacob, Inc.
301 Washington Ave
Jewish Museum Of Florida, Inc.
301 Washington Ave
Reynaldo Munoz LLC
323 Washington Ave
Unity House, Inc.
228 Washington Ave
White Apron Cleaning Inc
221 Meridian Ave
Rnd Club Driver Inc
221 Meridian Ave
Highglen Properties, Inc.
243 Meridian Ave Unit 111
Whitburn North Miami I, LLC
243 Meridian Ave
Komorebi Global LLC
243 Meridian Ave
Rjk Consulting, Inc
243 Meridian Ave
The Beuchert Company
243 Meridian Avenue Unit 111
Fernanda & G, LLC
260 Euclid Ave
Terrace View Towers, Inc.
240 Collins Ave
Bibba LLC
240 Collins Ave
Norwegian Properties LLC
240 Collins Ave
Dutch Properties, LLC
240 Collins Ave
Swedish Properties, LLC
240 Collins Ave
Juelsminde LLC
240 Collins Ave
Hedensted LLC
240 Collins Ave
Vejle LLC
240 Collins Ave
249 Collins Avenue LLC
249 Collins Ave
Emilio And Camila LLC
255 Collins Ave
Emenita Usa Corp
300 Collins Ave
Deck King Exteriors Corp.
331 Collins Ave
Sparkasse Properties LLC
221 Meridian Ave
Isao, LLC
221 Meridian Ave
1 Meridian, LLC
224 Meridian Ave
Fitsonnervig, Corp
224 Meridian Ave
Okapi Holdings, LLC
243 Meridian Ave #114
Casey Loundy, P.A.
225 Collins Ave
Il Mare Inc
225 Collins Ave
Hwgc, LLC.
225 Collins Ave
Jaga, LLC
225 Collins Ave
Up Leads LLC
220 Collins Ave
Ocean Place 3j LLC
225 Collins Ave
Seatile International, LLC
225 Collins Ave #4i
Buenavista 161, LLC
210 Washington Ave
Pinkstone Pictures LLC
220 Washington Ave Apt 4b
224 2nd Street, LLC
224 2nd St
Basecamp305, Inc.
224 2nd St
Disclaimers and Disclosures

Public Records Data

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