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 
3902 Sw 107 Ave 3-9 Condominium 1,100 B
3912 Sw 107 Ave 5-12 Condominium 960 B
3906 Sw 107 Ave 5-9 Condominium 1,260 B
3904 Sw 107 Ave 4-9 Condominium 1,349 B
3908 Sw 107 Ave 6-9 Condominium 1,260 B
3924 Sw 107 Ave 2-10 Condominium 1,260 B
3920 Sw 107 Ave 1-12 Condominium 1,360 B
3918 Sw 107 Ave 2-12 Condominium 1,360 B
3916 Sw 107 Ave 3-12 Condominium 1,349 B
3914 Sw 107 Ave 4-12 Condominium 1,349 B
3922 Sw 107 Ave 1-10 Condominium 960 B
3892 Sw 107 Ave 1-8 Condominium 1,349 B
3890 Sw 107 Ave 4-7 Condominium 1,349 B
3898 Sw 107 Ave 1-9 Condominium 1,260 B
3900 Sw 107 Ave 2-9 Condominium 1,260 B
3894 Sw 107 Ave 2-8 Condominium 1,360 B
3896 Sw 107 Ave 3-8 Condominium 1,349 B
3932 Sw 107 Ave 6-10 Condominium 1,260 B
3928 Sw 107 Ave 4-10 Condominium 1,349 B
3926 Sw 107 Ave 3-10 Condominium 1,260 B
3930 Sw 107 Ave 5-10 Condominium 1,100 B
3934 Sw 107 Ave 7-10 Condominium 1,260 B
3884 Sw 107 Ave 1-7 Condominium 1,349 B
3878 Sw 107 Ave 1-6 Condominium 1,349 B
3888 Sw 107 Ave 3-7 Condominium 1,260 B
3880 Sw 107 Ave 2-6 Condominium 1,360 B
3882 Sw 107 Ave 3-6 Condominium 1,349 B
3886 Sw 107 Ave 2-7 Condominium 1,260 B
3868 Sw 107 Ave 5-11 Condominium 960 B
3874 Sw 107 Ave 3-5 Condominium 1,260 B
3872 Sw 107 Ave 2-5 Condominium 1,260 B
3870 Sw 107 Ave 1-5 Condominium 1,349 B
3866 Sw 107 Ave 4-11 Condominium 1,349 B
3876 Sw 107 Ave 4-5 Condominium 1,349 B
3858 Sw 107 Ave 7-4 Condominium 1,260 B
3856 Sw 107 Ave 6-4 Condominium 1,260 B
3860 Sw 107 Ave 1-11 Condominium 1,360 B
3862 Sw 107 Ave 2-11 Condominium 1,360 B
3864 Sw 107 Ave 3-11 Condominium 1,349 B
3854 Sw 107 Ave 5-4 Condominium 1,100 B
3821 Sw 107 Ave Professional service building 2,036 B
3848 Sw 107 Ave 2-4 Condominium 1,260 B
3850 Sw 107 Ave 3-4 Condominium 1,260 B
3846 Sw 107 Ave 1-4 Condominium 960 B
3842 Sw 107 Ave 6-3 Condominium 1,260 B
3852 Sw 107 Ave 4-4 Condominium 1,349 B
3844 Sw 107 Ave 7-3 Condominium 960 B
3840 Sw 107 Ave 5-3 Condominium 1,260 B
3834 Sw 107 Ave 2-3 Condominium 1,260 B

Local Household Income

The median household income in this part of Florida is $56,410. The bottom 10% of the population earn less than $18,731 per year. The top 10% earn more than $141,318 per year. The top 1% earn more than $389,679 per year. Most renters earn between $28,284 (20th percentile) and $45,348 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,820 and $141,025.

The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $23,253 per year who should qualify for a mortgage between $46,506 and $58,133.

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 $1,290. Most renters earn between $2,357 and $3,779 per month. They typically spend 45% of their monthly income on rent. Most rents fall in the $1,001 (20th percentile) to $1,701 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 14 of all properties in this area. This corresponds to a rent of $896 per month and a monthly household income of $2,168 ($26,016 per year)

Nearby Companies

Xabel, LLC
10710 Sw 38 St
Guibel Perera M.D. P.A.
10710 Sw 38 St
Dilua, LLC
3821 Sw 107th Ave
My Brickell Unit, LLC
3811 Sw 107th Ave
3811 Sw 107 Avenue, LLC
3811 Sw 107th Ave
Aracelio Morgado, D.D.S., P.A.
3811 Sw 107th Ave
I Belle Med. LLC.
10710 Sw 38 Street
River Of Hope Presbyterian Church, Inc.
10600 South West 40th St
Cake Unicos, Inc.
10603 Sw 40th St
O.K. Jewelers Ent, Corp.
10601 Sw 40th St
East Star Petroleum, LLC
10701 Sw 40th St
Tum Usa LLC
10701 Sw 40th St
R.V. Auto Repairs, Inc.
10701 Sw 40th St
Lary Nail'S Corp
3884 Sw 107 Ave
Ana B Garcia Cpa, LLC
3874 Sw 107 Avenue
D & R Freight Service Inc
3854 Sw 107th Ave
Irnv Behavior Services Inc
3854 Sw 107th 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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