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 
1440 Sw 102 Pl Single Family 2,323 B
1510 Sw 102 Pl Single Family 1,813 B
1519 Sw 103 Ave Single Family 2,118 B
1509 Sw 103 Ave Single Family 2,232 B
1529 Sw 103 Ave Single Family 2,025 B
1430 Sw 102 Pl Single Family 1,761 B
10280 Sw 15 Ter Single Family 2,024 B
1520 Sw 102 Pl Single Family 1,657 B
1439 Sw 103 Ave Single Family 2,295 B
1445 Sw 102 Pl Single Family 1,831 B
1539 Sw 103 Ave Single Family 2,333 B
10271 Sw 16 St Single Family 1,505 B
1420 Sw 102 Pl Single Family 1,341 B
1435 Sw 102 Pl Single Family 1,267 B
10270 Sw 15 Ter Single Family 1,759 B
1429 Sw 103 Ave Single Family 2,633 B
1518 Sw 103 Ave Single Family 2,331 B
1508 Sw 103 Ave Single Family 2,418 B
1528 Sw 103 Ave Single Family 2,287 B
10251 Sw 16 St Single Family 2,403 B
1440 Sw 102 Ct Single Family 1,722 B
1438 Sw 103 Ave Single Family 2,304 B
1538 Sw 103 Ave Single Family 3,072 B
1425 Sw 102 Pl Single Family 2,354 B
1410 Sw 102 Pl Single Family 1,518 B
1430 Sw 102 Ct Single Family 2,175 B
10250 Sw 16 St Single Family 2,443 B
10260 Sw 16 St Single Family 1,762 B
10332 Sw 15 Ter Single Family 2,185 B
10260 Sw 15 Ter Single Family 1,951 B
1428 Sw 103 Ave Single Family 2,938 B
10241 Sw 16 St Single Family 1,758 B
10300 Sw 16 St Single Family 2,318 B
1419 Sw 103 Ave Single Family 3,354 B
10331 Sw 15 Ter Single Family 2,820 B
1415 Sw 102 Pl Single Family 2,146 B
10341 Sw 16 St Single Family 2,217 B
1420 Sw 102 Ct Single Family 2,019 B
10242 Sw 16 St Single Family 2,262 B
1400 Sw 102 Pl Single Family 2,116 B
10310 Sw 16 St Single Family 2,105 B
1409 Sw 103 Ave Single Family 2,503 B
10342 Sw 15 Ter Single Family 2,680 B
1410 Sw 102 Ct Single Family 2,461 B
1612 Sw 102 Pl Single Family 3,398 B
1431 Sw 103 Pl Single Family 2,698 B
10261 Sw 17 St Single Family 2,249 B
10231 Sw 16 St Single Family 1,885 B
10232 Sw 16 St Single Family 2,461 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 60 of all properties in this area. This suggests it would appeal to someone earning around $68,549 per year who should qualify for a mortgage between $137,098 and $171,373.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$26,865
$53,731
$80,596
$107,461
$68,549

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 60 of all properties in this area. This corresponds to a rent of $1,379 per month and a monthly household income of $3,105 ($37,260 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$195
$1,536
$2,877
$4,217
$5,558
$3,105
$1,379

Nearby Companies

Jmp Shower & Mirror Corp
10330 Sw 16th St
R. & G. Cleaning, Inc.
10341 Sw 16 St
Latin Group Investors, Inc.
10342 Sw 15 Terrace
All Star Miscelanios Corp
1520 Sw 102 Pl
A&F Consulting Fl Corp
10250 Sw 16 St
Smsymas, LLC
10242 Sw 16 St
Taquax, LLC
1519 Sw 103 Ave
Cli Investment, Inc.
1419 Sw 103rd Ave
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.

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