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 
3150 Nw 38 St Multi-family - less than 10 units 1,745 C
3130 Nw 38 St Single Family 1,111 C
3650 Nw 31 Ave Auto sales, auto repair and storage or auto service shop 4,037 B
3165 Nw 37 St Parking lot (commercial or patron) or mobile home park 0 L
3110 Nw 38 St Multi-family - less than 10 units 1,810 B
3166 Nw 38 St Multi-family - less than 10 units 1,745 B
3165 Nw 38 St Multi-family - less than 10 units 1,793 C
3175 Nw 37 St Auto sales, auto repair and storage or auto service shop 4,060 B
3185 Nw 38 St Multi-family - less than 10 units 1,793 C
3100 Nw 38 St Parking lot (commercial or patron) or mobile home park 0 L
3145 Nw 38 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 41,295 B
3190 Nw 38 St Auto sales, auto repair and storage or auto service shop 12,300 B
3800 Nw 31 Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 30,314 B
3701 Nw 32 Ave Auto sales, auto repair and storage or auto service shop 3,694 B
3801 Nw 32 Ave Auto sales, auto repair and storage or auto service shop 2,474 B
3165 Nw 36 St Vacant Commercial 0 L
3101 Nw 36 St Auto sales, auto repair and storage or auto service shop 1,081 B
3825 Nw 32 Ave Light manufacturing 26,825 B
3151 Nw 36 St Auto sales, auto repair and storage or auto service shop 7,690 B
3199 Nw 36 St Auto sales, auto repair and storage or auto service shop 21,127 B
3200 Nw 38 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,534 B
3150 Nw 40 St Heavy industrial 11,595 B
3211 Nw 37 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 7,566 B
3620 Nw 30 Ave Parking lot (commercial or patron) or mobile home park 0 L

Local Household Income

The median household income in this part of Florida is $31,638. The bottom 10% of the population earn less than $10,765 per year. The top 10% earn more than $86,090 per year. The top 1% earn more than $204,874 per year. Most renters earn between $20,712 (20th percentile) and $34,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $63,276 and $79,095.

The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $40,477 per year who should qualify for a mortgage between $80,954 and $101,193.

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 $902. Most renters earn between $1,726 and $2,894 per month. They typically spend 42% of their monthly income on rent. Most rents fall in the $597 (20th percentile) to $1,181 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 61 of all properties in this area. This corresponds to a rent of $1,001 per month and a monthly household income of $2,458 ($29,496 per year)

Nearby Companies

Apex Motor Products,LLC
3835-C Nw 32 Ave
I.C. Distributor LLC
3835 Nw 32nd Ave
Mad Motorsports Group, Inc.
3833 Nw 32nd Ave
No-Four-Play, LLC
3145 Nw 38 St
Marlissid LLC
3145 Nw 38 St
Db13660-69 LLC
3145 Nw 38 St
Wier Knutz, LLC
3145 Nw 38 St
Dade Canvas Products Co.
3905 Nw 31 Avenue
Miami Beach Awning Co
3905 Nw 31 Ave
Miami Awning Company, Inc
3905 Nw 31 Ave
Eurotek Motoring L.L.C.
3175 Nw 37th St
Prime Properties Group, Inc.
3700 Nw 32nd Ave
Mercantile Acceptance Corp.
3700 Nw 32nd Ave
Willy'S Wheels Inc
3700 Nw 31 Ave
Arriaza Construction Corp
3620 Nw 30 Ave
Centurion Roofing, LLC
3190 Nw 38 St
Four-Play, L.L.C.
3145 Nw 38 Street
Fine Handmade Furniture LLC
3190 Nw 38 Street
Marvin Bochner Inc.
3145 N W 38th St
Abk Tile & Marble, Inc.
3145 N W 38th St
3808 Properties, LLC
3808 Nw 32 Avenue
Sapadoola, Inc.
3145 Nw 38th St
M B I Of Florida Inc
3145 Nw 38th St
Wtf-Sbak Inc
3145 Nw 38th St
Status Inc.
3145 Nw 38th St
Stonegate Management Corp.
3145 Nw 38th St
Muller Fire Protection Inc.
3200 Nw 38th St
Rothman Associates, Inc.
3802 Nw 32nd Ave
Forza Distribution, Corp.
3800 Nw 32nd Ave
Sunshine Color Tech. Inc.
3801 Nw 32 Ave
Eddy Millwork Corp.
3818 Nw 32 Ave
Next Level Rentals, Inc.
3825 Nw 32nd Ave
Hss By Angel, Inc.
3825 Nw 32nd Ave
A Plus Investment Group LLC
3835 Nw 32nd Ave
Dacar Auto Sales, LLC.
3151 Nw 36th St
Elite Accident Help Corp
3199 Nw 36 St
Napw Holdings, Inc.
11150 Nw 32nd 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.

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