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 
1925 Sw 57 Ct Single Family 950 B
1927 Sw 57 Ct Single Family 1,560 B
5712 Sw 19 St Multi-family - 10 units or more 18,027 B
1930 Sw 57 Ct Single Family 1,450 B
1910 Sw 57 Ct Single Family 1,999 B
1907 Sw 57 Ct Single Family 942 B
1937 Sw 57 Ct Single Family 1,389 B
5725 Sw 20 St Multi-family - less than 10 units 1,051 B
1980 Sw 57 Ct Single Family 1,416 B
5748 Sw 19 St Single Family 1,644 B
1908 Sw 57 Ave Store, one story 6,134 B
1910 Red Rd Store, one story 1,024 B
1929 Sw 57 Pl Single Family 1,546 B
1925 Sw 57 Pl Single Family 954 B
1900 Sw 57 Ave Office building, non-professional service building, one story 3,876 B
5741 Sw 20 St Single Family 1,461 B
1918 Red Rd Mixed use - store and office or store and residential or residential combination 5,002 B
1935 Sw 57 Pl Single Family 1,708 B
5750 Sw 19 St Single Family 884 B
1990 Sw 57 Ct Single Family 1,863 B
1988 Sw 57 Ave Vacant Commercial 0 L
5771 Sw 20 St Single Family 1,000 B
1920 Sw 57 Pl Single Family 1,290 B
1930 Sw 57 Pl Single Family 1,650 B
5741 Sw 19 St Single Family 2,448 B
1970 Sw 57 Pl Single Family 1,179 B
5790 Sw 19 St Single Family 685 B
5745 Sw 19 St Single Family 1,716 B
1953 Red Rd Single Family 1,711 A
1975 Red Rd Single Family 1,922 A
1890 Sw 57 Ave Store, one story 21,674 B
1937 Red Rd Single Family 2,073 A
1993 Red Rd Single Family 2,016 A
5726 Sw 20 St Single Family 1,622 B
2001 Sw 57 Ct Single Family 921 B
1923 Red Rd Single Family 1,806 A
5724 Sw 20 St Single Family 1,423 B
5720 Sw 20 St Single Family 1,066 B
2003 Red Rd Single Family 1,965 A
5775 Sw 20 St Single Family 2,284 B
2000 Sw 57 Ct Single Family 1,709 B
5749 Sw 19 St Multi-family - less than 10 units 6,163 B
1560 Cadiz Ave Single Family 3,851 A
2005 Red Rd Single Family 1,812 A
5800 Sw 19 St Multi-family - less than 10 units 4,744 B
5732 Sw 20 St Single Family 1,601 B
2000 Sw 57 Ave Auto sales, auto repair and storage or auto service shop 1,623 B
2007 Red Rd Single Family 1,823 A
5801 Sw 20 St Single Family 1,644 B

Local Household Income

The median household income in this part of Florida is $77,610. The bottom 10% of the population earn less than $20,775 per year. The top 10% earn more than $310,335 per year. The top 1% earn more than $711,415 per year. Most renters earn between $30,924 (20th percentile) and $55,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $155,220 and $194,025.

The tax assessed value of this property places it in percentile 27 of all properties in this area. This suggests it would appeal to someone earning around $40,585 per year who should qualify for a mortgage between $81,170 and $101,463.

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 $1,209. Most renters earn between $2,577 and $4,611 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,661 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 27 of all properties in this area. This corresponds to a rent of $996 per month and a monthly household income of $2,753 ($33,036 per year)

Nearby Companies

Computer Tax LLC
1900 Sw 57 Avenue
Cg Management Services Inc
1900 Sw 57 Avenue
0nl9, Inc.
1900 Sw 57th Ave
Jasaj & Associates, LLC
1920 Sw 57th Ave
Paul & David Salon Inc.
1922 Sw 57 Avenue
Cuba Appliances, Corporation
2020 Sw 57th Ave
Maikel Barber Star Corp
2024 Sw 57th Ave
Perkadent Corp
1878 Sw 57th Ave
Royal Nails Salon, LLC
1874 Sw 57 Ave
Ricadri Group LLC
1900 Sw 57 Ave
Ricrod Group LLC
1900 Sw 57 Ave
Tikva Vr Foundation, Inc.
1900 Sw 57 Ave
Miami Institute Of Technology, Inc.
1900 Sw 57th Avenue #3
12555 LLC
1900 Sw 57th Ave
Envision Wellness Co.
1900 Sw 57th Ave
Chanel Studio, Inc.
1896 Sw 57th Ave
Hair Profile Corporation
1888 Sw 57 Avenue
Day Multiservices LLC
1890 S Red Rd
Trendz Dance L.L.C.
1890 Sw 57th Ave
Baluja Insurance Corp
1890 Sw 57th Ave
Low Insurance Corp
1890 Sw 57th Ave
Physical Neurorehab Foundation, Inc.
1890 Sw 57th Ave #112
All Around Academics Corp
1886 Sw 57 Ave
Aaa And I, Inc.
2029 Sw 57 Ct
Alberto Auto Service Inc.
5771 Sw 20 Street
I Supply Solutions LLC
1920 Sw 57 Place
Y.D.A.S LLC
5791 Sw 19 St
Margarita'S Fashion, Inc.
1908 Sw 57 Ave
Tickets By Gus, Inc.
1908 Sw 57 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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