13701 Sw 48 St, 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 | |
|---|---|---|---|---|
| 13703 Sw 48 St | Condominium | 1,033 | B |
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| 13705 Sw 48 St | Condominium | 805 | B |
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| 13707 Sw 48 St | Condominium | 1,064 | B |
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| 13704 Sw 48 St | Condominium | 805 | B |
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| 13702 Sw 48 St | Condominium | 1,064 | B |
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| 13706 Sw 48 St | Condominium | 1,064 | B |
|
| 13709 Sw 48 St | Condominium | 1,064 | B |
|
| 4716 Sw 136 Pl | Condominium | 860 | B |
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| 13711 Sw 48 St | Condominium | 974 | B |
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| 4712 Sw 136 Pl | Condominium | 1,235 | B |
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| 13748 Sw 48 St | Condominium | 1,064 | B |
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| 13713 Sw 48 St | Condominium | 1,033 | B |
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| 4801 Sw 137 Ct | Condominium | 1,033 | B |
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| 13750 Sw 48 St | Condominium | 805 | B |
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| 13715 Sw 48 St | Condominium | 805 | B |
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| 4720 Sw 136 Pl | Condominium | 860 | B |
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| 4708 Sw 136 Pl | Condominium | 860 | B |
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| 4803 Sw 137 Ct | Condominium | 805 | B |
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| 13752 Sw 48 St | Condominium | 1,033 | B |
|
| 13730 Sw 46 Ter | Single Family | 928 | B |
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| 13740 Sw 46 Ter | Single Family | 1,206 | B |
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| 13720 Sw 46 Ter | Single Family | 1,206 | B |
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| 4724 Sw 136 Pl | Condominium | 1,235 | B |
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| 13717 Sw 48 St | Condominium | 1,064 | B |
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| 4728 Sw 136 Pl | Condominium | 1,098 | B |
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| 13754 Sw 48 St | Condominium | 974 | B |
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| 4704 Sw 136 Pl | Condominium | 1,235 | B |
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| 4805 Sw 137 Ct | Condominium | 1,064 | B |
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| 4648 Sw 136 Pl | Condominium | 1,098 | B |
|
| 4732 Sw 136 Pl | Condominium | 1,235 | B |
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| 13751 Sw 49 St | Condominium | 1,064 | B |
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| 13750 Sw 46 Ter | Single Family | 1,025 | B |
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| 13756 Sw 48 St | Condominium | 974 | B |
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| 4652 Sw 136 Pl | Condominium | 1,000 | B |
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| 13753 Sw 49 St | Condominium | 974 | B |
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| 4700 Sw 136 Pl | Condominium | 860 | B |
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| 13711 Sw 46 Ter | Single Family | 1,025 | B |
|
| 13755 Sw 49 St | Condominium | 1,033 | B |
|
| 4656 Sw 136 Pl | Condominium | 1,235 | B |
|
| 4736 Sw 136 Pl | Condominium | 1,235 | B |
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| 13757 Sw 49 St | Condominium | 805 | B |
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| 13760 Sw 46 Ter | Single Family | 1,206 | B |
|
| 13759 Sw 49 St | Condominium | 974 | B |
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| 4660 Sw 136 Pl | Condominium | 860 | B |
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| 13721 Sw 46 Ter | Single Family | 1,259 | B |
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| 4644 Sw 136 Pl | Condominium | 860 | B |
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| 4740 Sw 136 Pl | Condominium | 1,098 | B |
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| 4903 Sw 137 Ct | Condominium | 974 | B |
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| 13770 Sw 46 Ter | Single Family | 1,206 | B |
|
Local Household Income
The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.
The tax assessed value of this property places it in percentile 45 of all properties in this area. This suggests it would appeal to someone earning around $56,444 per year who should qualify for a mortgage between $112,888 and $141,110.
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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 45 of all properties in this area. This corresponds to a rent of $1,289 per month and a monthly household income of $3,214 ($38,568 per year)
Nearby Companies
4749 Sw 136 Pl
4921 Sw 137 Court
4909 Sw 137th Ct
13770 Sw 46 Terrace
13756 Sw 48 Street
13756 Sw 48 Street
328 Sawgrass Pl
4644 Sw 136th Pl
4645 Southwest 136th Pl