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 
11221 Sw 129 Ct Single Family 1,988 B
12920 Sw 112 St Single Family 2,078 B
12910 Sw 112 St Single Family 3,321 B
11222 Sw 128 Pl Single Family 2,514 B
12900 Sw 112 St Single Family 2,062 B
11232 Sw 128 Pl Single Family 2,407 B
11231 Sw 129 Ct Single Family 1,819 B
11212 Sw 129 Ct Single Family 2,409 B
11222 Sw 129 Ct Single Family 1,891 B
12860 Sw 112 St Single Family 2,105 B
11242 Sw 128 Pl Single Family 1,986 B
11200 Sw 129 Ct Single Family 2,130 B
11232 Sw 129 Ct Single Family 1,998 B
11241 Sw 129 Ct Single Family 2,026 B
11125 Sw 129 Ct Single Family 1,971 B
11213 Sw 129 Pl Single Family 2,229 B
11223 Sw 129 Pl Single Family 2,240 B
12850 Sw 112 St Single Family 2,309 B
12911 Sw 112 St Single Family 2,765 B
11242 Sw 129 Ct Single Family 2,247 B
11203 Sw 129 Pl Single Family 2,164 B
11122 Sw 128 Pl Single Family 1,971 B
11221 Sw 128 Pl Single Family 2,571 B
11251 Sw 129 Ct Single Family 2,324 B
12921 Sw 112 St Single Family 2,068 B
11231 Sw 128 Pl Single Family 2,251 B
11303 Sw 129 Pl Single Family 2,708 B
11262 Sw 128 Pl Single Family 2,031 B
11241 Sw 128 Pl Single Family 2,451 B
11115 Sw 129 Ct Single Family 2,765 B
12931 Sw 112 St Single Family 2,427 B
11252 Sw 129 Ct Single Family 1,848 B
11112 Sw 128 Pl Single Family 2,765 B
11331 Sw 129 Ct Single Family 2,477 B
12910 Sw 111 St Single Family 1,938 B
11313 Sw 129 Pl Single Family 2,013 B
11251 Sw 128 Pl Single Family 2,250 B
12920 Sw 111 St Single Family 2,815 B
11123 Sw 128 Pl Single Family 2,426 B
11272 Sw 128 Pl Single Family 2,020 B
11214 Sw 128 Ct Single Family 2,264 B
11212 Sw 129 Pl Single Family 2,494 B
11105 Sw 129 Ct Single Family 2,272 B
11224 Sw 128 Ct Single Family 2,326 B
11222 Sw 129 Pl Single Family 2,499 B
12830 Sw 112 St Single Family 2,344 B
11112 Sw 129 Pl Single Family 2,941 B
11202 Sw 129 Pl Single Family 2,426 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 94 of all properties in this area. This suggests it would appeal to someone earning around $191,141 per year who should qualify for a mortgage between $382,282 and $477,853.

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 94 of all properties in this area. This corresponds to a rent of $2,142 per month and a monthly household income of $5,856 ($70,272 per year)

Nearby Companies

Splat Paintball Field LLC
12385 Sw 129th Ct
Rag Services Company LLC
12385 Sw 129th Ct
Digital Buy, Inc.
12385 Sw 129th Ct
Immuno American Corp
12385 Sw 129th Ct
Lilybet Rodriguez LLC
11123 Sw 128 Pl
Puente Roofing Services Inc.
11412 Sw 129th Pl
Zitro Painting, LLC
11252 Sw 129 Ct
Ed Ducheny And Associates, Inc.
11262 Sw 128 Place
Avmx Inc
11251 Sw 129 Ct
Ceci Dance Wear, Inc.
11222 Sw 128 Place
Jr Dairy Distributors, Inc.
11275 Sw 128th Ct
Y.A.F Jewelry Corp
12961 Sw 112 Street
Chicken 4 U LLC
12957 Sw 112th St
Alpha Doors, Inc
11212 Sw 129 Place
Evora Investment, Inc.
11223 Sw 129 Place
J.C. Appliances Of Miami, Inc.
12920 Sw 111 Street
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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