1941 Ne 123 St, North Miami
Miami-Dade County Real Estate - North Miami Beach
North Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 41,523. North Miami Beach is approximately 11 miles from Miami (population 399,457) and around 9 miles from Hialeah (population 224,669).
The median age for residents of North Miami Beach is 36.4. Around 36.9% of North Miami Beach households include school aged children and 25% of households include individuals aged 65 years or over. Census records indicate 47.1% of the North Miami Beach population are White, 41.3% are Black or African American, .2% American Indian, 3.4% Asian and 3.7% are Two or more Races. North Miami Beach has a significant Hispanic population. 36.6% (15,213) of North Miami Beach residents are of Hispanic or Latino origin. Of these 2.7% are of Mexican origin, 12.12% Puerto Rican, 19.12% Cuban and 66.05% are of other Hispanic or Latino origin.
There are 16,402 housing units in North Miami Beach. 1,990 (12.1%) of these were reported as vacant in the 2010 Census. There are 7,084 residential rental units in North Miami Beach. 6,445 of them were occupied in 2010 providing a residential rental vacancy rate of 8.6%.
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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 | |
|---|---|---|---|---|
| 1945 Ne 123 St | Condominium | 1,482 | B |
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| 1939 Ne 123 St | Condominium | 1,482 | B |
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| 1949 Ne 123 St | Condominium | 1,444 | B |
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| 1937 Ne 123 St | Condominium | 1,444 | B |
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| 1951 Ne 123 St | Condominium | 1,482 | B |
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| 1935 Ne 123 St | Condominium | 1,482 | B |
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| 1955 Ne 123 St | Condominium | 1,444 | B |
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| 1931 Ne 123 St | Condominium | 1,444 | B |
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| 1959 Ne 123 St | Condominium | 1,482 | B |
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| 1927 Ne 123 St | Condominium | 1,482 | B |
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| 1963 Ne 123 St | Condominium | 1,444 | B |
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| 1923 Ne 123 St | Condominium | 1,444 | B |
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| 1967 Ne 123 St | Condominium | 1,482 | B |
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| 1919 Ne 123 St | Condominium | 1,482 | B |
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| 1971 Ne 123 St | Condominium | 1,482 | B |
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| 1915 Ne 123 St | Condominium | 1,444 | B |
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| 1975 Ne 123 St | Condominium | 1,444 | B |
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| 1920 Ne 123 St | Store, one story | 870 | B |
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| 1911 Ne 123 St | Condominium | 1,482 | B |
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| 1948 Ne 123 St | Store, one story | 6,144 | B |
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| 1979 Ne 123 St | Condominium | 1,482 | B |
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| 1940 Ne 123 St | Store, one story | 3,212 | B |
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| 1983 Ne 123 St | Condominium | 1,444 | B |
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| 1940 Ne 124 St | Single Family | 3,536 | A |
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| 1930 Ne 124 St | Single Family | 3,228 | A |
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| 1950 Ne 124 St | Single Family | 1,828 | A |
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| 1987 Ne 123 St | Condominium | 1,482 | B |
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| 1905 Ne 123 St | Multi-family - 10 units or more | 5,806 | B |
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| 1991 Ne 123 St | Condominium | 1,482 | B |
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| 1920 Ne 124 St | Single Family | 3,485 | B |
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| 1960 Ne 124 St | Single Family | 3,022 | A |
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| 1900 Ne 123 St | Service station | 3,654 | B |
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| 1999 Ne 123 St | Condominium | 1,444 | B |
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| 2001 Ne 123 St | Condominium | 1,482 | B |
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| 1950 Ne 123 St | Restaurant, cafeteria | 1,672 | B |
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| 1892 Ne 124 St | Single Family | 2,354 | A |
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| 1970 Ne 124 St | Single Family | 2,101 | A |
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| 2003 Ne 123 St | Condominium | 1,444 | B |
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| 12275 Ne 19 Ave | Multi-family - 10 units or more | 9,228 | B |
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| 2005 Ne 123 St | Condominium | 1,444 | B |
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| 2007 Ne 123 St | Condominium | 1,444 | B |
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| 11970 Ne 19 Dr | Multi-family - 10 units or more | 8,879 | B |
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| 1888 Ne 124 St | Single Family | 3,321 | A |
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| 1960 Ne 123 St | Store, one story | 4,680 | B |
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| 1980 Ne 124 St | Single Family | 1,832 | A |
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| 2009 Ne 123 St | Condominium | 1,444 | B |
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| 2011 Ne 123 St | Condominium | 1,444 | B |
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| 1935 Ne 124 St | Vacant Residential | 0 | L | |
| 1925 Ne 124 St | Single Family | 1,355 | B |
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Local Household Income
The median household income in this part of Florida is $46,930. The bottom 10% of the population earn less than $15,179 per year. The top 10% earn more than $139,950 per year. The top 1% earn more than $671,300 per year. Most renters earn between $26,412 (20th percentile) and $47,304 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $93,860 and $117,325.
The tax assessed value of this property places it in percentile 50 of all properties in this area. This suggests it would appeal to someone earning around $46,930 per year who should qualify for a mortgage between $93,860 and $117,325.
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 $1,056. Most renters earn between $2,201 and $3,942 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $826 (20th percentile) to $1,443 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 50 of all properties in this area. This corresponds to a rent of $1,056 per month and a monthly household income of $2,826 ($33,912 per year)
Nearby Companies
1915 Ne 124th St
1915 Ne 124th St
1925 Ne 124 Street
1960 Ne 124th St
2090 Ne 124th St
2090 Ne 124th St
1968 Ne 123rd St
3155 Winglewood Cir
1999 Ne 123rd St
2011 Ne 123 St
2011 Ne 123 St
2011 Ne 123 St
2011 Ne 123 St
2013 Ne 123rd St
2019 Ne 123 St
1948 Ne 123th St
1970 Ne 123 Street
1966 Ne 123 Street
1959 Ne 123 St
1990 Ne 123 St
1920 Ne 123 St
1960 Ne 123 St
1960 Ne 123 St
1950 Ne 123 Street
1966 Ne 123rd St
1966 Ne 123rd St
1966 Ne 123rd St
1966 Ne 123rd St
1966 Ne 123rd St
12275 Ne 19th Ave
1900 Ne 123rd St
1905 Ne 123rd St