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 
12910 Sw 107 Ter Single Family 2,691 B
10745 Sw 129 Ct Single Family 2,260 B
12820 Sw 107 Ter Single Family 2,139 B
12825 Sw 107 Ter Single Family 2,003 B
12920 Sw 107 Ter Single Family 2,592 B
12901 Sw 108 St Single Family 2,415 B
10735 Sw 129 Ct Single Family 2,090 B
10740 Sw 129 Ct Single Family 2,259 B
12810 Sw 107 Ter Single Family 2,348 B
12911 Sw 108 St Single Family 2,139 B
12821 Sw 108 St Single Family 2,003 B
12815 Sw 107 Ter Single Family 2,208 B
10730 Sw 129 Ct Single Family 2,477 B
12970 Sw 107 Ter Single Family 2,637 B
12930 Sw 107 Ter Single Family 2,664 B
12921 Sw 108 St Single Family 2,093 B
10725 Sw 129 Ct Single Family 2,447 B
12811 Sw 108 St Single Family 2,406 B
12820 Sw 107 St Single Family 2,357 B
10733 Sw 129 Pl Single Family 2,679 B
10740 Sw 128 Ave Single Family 2,236 B
10720 Sw 129 Ct Single Family 2,378 B
10771 Sw 129 Ct Single Family 2,003 B
10723 Sw 129 Pl Single Family 2,470 B
12805 Sw 107 Ter Single Family 2,217 B
12940 Sw 107 Ter Single Family 2,637 B
12810 Sw 107 St Single Family 2,355 B
10750 Sw 128 Ave Single Family 2,356 B
10713 Sw 129 Pl Single Family 2,198 B
10640 Sw 129 Ct Single Family 2,496 B
10761 Sw 129 Ct Single Family 2,139 B
10781 Sw 129 Ct Single Family 2,236 B
12950 Sw 107 Ter Single Family 2,089 B
10625 Sw 129 Ct Single Family 2,534 B
12800 Sw 107 St Single Family 2,216 B
12900 Sw 108 St Single Family 1,837 B
10742 Sw 129 Pl Single Family 2,248 B
10622 Sw 128 Pl Single Family 2,003 B
10620 Sw 129 Ct Single Family 2,475 B
10732 Sw 129 Pl Single Family 2,248 B
10771 Sw 128 Ave Single Family 2,003 B
12944 Sw 108 St Single Family 1,323 B
12904 Sw 108 St Single Family 1,323 B
12797 Sw 108 St Single Family 2,278 B
10615 Sw 129 Ct Single Family 2,118 B
12960 Sw 107 Ter Single Family 2,664 B
10633 Sw 129 Pl Single Family 2,202 B

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,010 per year. The top 10% earn more than $161,932 per year. The top 1% earn more than $467,603 per year. Most renters earn between $34,968 (20th percentile) and $56,340 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 99 of all properties in this area. This suggests it would appeal to someone earning around $467,603 per year who should qualify for a mortgage between $935,206 and $1,169,008.

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 $1,340. Most renters earn between $2,914 and $4,695 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,722 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 99 of all properties in this area. This corresponds to a rent of $2,754 per month and a monthly household income of $8,662 ($103,944 per year)

Nearby Companies

Family Insurance First Corp
12912 Sw 108th St Cir
Choice Processing Corp.
10625 Sw 129 Ct
Vansyl, Corp.
10750 Sw 128 Ave
Imansyl, Corp.
10750 Sw 128 Ave
Sub Six Corp.
10750 Sw 128 Ave
Paradise Subway Corp.
10750 Sw 128 Ave
Sofia Subway Corp
10750 Sw 128 Ave
Sylsor, Corp.
10750 Sw 128 Ave
Homestead Subway Corp.
10750 S W 128 Ave
City Subway Corp
10750 Sw 128th Ave
Waterstone Subway Corp
10750 Sw 128th Ave
Alton Subway Corp.
10750 Sw 128th Ave
Mart Subway Corp.
10750 Sw 128th Ave
Subway 30976 Corp
10750 Sw 128th Ave
Subway 40690 Corp
10750 Sw 128th Ave
Subway 46477 Corp
10750 Sw 128th Ave
Manuel J. Castellanos, Md, P.A.
13005 Sw 107 Terrace
Sh Pumps, LLC
10780 Sw 129th Ct
A'S Distributors & Sales, Inc.
12960 Sw 107 Terr
Barrio 1 LLC
12930 Sw 107 Ter
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.

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