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 
718 Nw 1 St Multi-family - 10 units or more 0 B
742 Nw 1 St Vacant Residential 0 L
36 Nw 7 Ave Vacant Residential 0 L
30 Nw 7 Ave Single Family 1,470 C
727 W Flagler St Store, one story 3,317 B
752 Nw 1 St Single Family 1,188 C
725 W Flagler St Vacant Commercial 0 L
737 W Flagler St Vacant Commercial 6,506 L
725 W Flagler St Auto sales, auto repair and storage or auto service shop 3,269 B
711 Nw 1 St Multi-family - less than 10 units 3,159 B
745 W Flagler St Vacant Commercial 1,636 L
729 Nw 1 St Vacant Commercial 2,319 L
760 Nw 1 St Multi-family - less than 10 units 2,461 B
737 Nw 1 St Multi-family - less than 10 units 3,711 B
719 Nw 1 St Multi-family - 10 units or more 11,625 B
701 Nw 1 St Multi-family - less than 10 units 3,159 B
751 W Flagler St Store, one story 2,686 B
6 Nw 7 Ave Mixed use - store and office or store and residential or residential combination 4,228 B
743 Nw 1 St Multi-family - less than 10 units 2,336 C
110 Nw 7 Ave Multi-family - less than 10 units 1,990 B
765 W Flagler St Store, one story 2,931 B
751 Nw 1 St Vacant Commercial 3,773 L
768 Nw 1 St Vacant Commercial 0 L
120 Nw 7 Ave Multi-family - less than 10 units 5,467 B
761 Nw 1 St Multi-family - less than 10 units 2,053 C
39 Nw 7 Ave Vacant Commercial 0 L
27 Nw 7 Ave Multi-family - less than 10 units 5,840 B
29 Nw 8 Ave Vacant Commercial 0 L
675 W Flagler St Mixed use - store and office or store and residential or residential combination 3,018 B
774 Nw 1 St Vacant Commercial 0 L
111 Nw 7 Ave Single Family 1,179 C
769 Nw 1 St Vacant Commercial 0 L
679 Nw 1 St Single Family 1,179 C
779 W Flagler St Vacant Commercial 0 L
661 W Flagler St Store, one story 6,044 B
128 Nw 7 Ave Vacant Residential 935 L
728 Nw 2 St Vacant Residential 0 L
736 Nw 2 St Multi-family - less than 10 units 3,777 B
107 Nw 8 Ave Multi-family - 10 units or more 5,692 B
658 Nw 1 St Multi-family - less than 10 units 3,871 B
667 Nw 1 St Single Family 1,889 C
720 Nw 2 St Vacant Residential 0 L
121 Nw 8 Ave Parking lot (commercial or patron) or mobile home park 225 B
742 Nw 2 St Single Family 1,707 C
136 Nw 7 Ave Vacant Residential 2,355 L
752 Nw 2 St Multi-family - less than 10 units 3,965 B
121 Nw 7 Ave Single Family 1,133 C
649 W Flagler St Office building, non-professional service building, multi-story 9,305 B
722 W Flagler St Store, one story 3,460 B

Local Household Income

The median household income in this part of Florida is $34,743. The bottom 10% of the population earn less than $8,542 per year. The top 10% earn more than $166,245 per year. The top 1% earn more than $584,884 per year. Most renters earn between $20,148 (20th percentile) and $44,172 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $69,486 and $86,858.

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 $872. Most renters earn between $1,679 and $3,681 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $544 (20th percentile) to $1,424 (80th percentile) range. The residential vacancy rate is 10%.

Nearby Companies

Brickell Tobacco LLC
13 Sw 7th St
Mercadito Catracho Inc
765 W Flagler St
Extra Dental Center LLC
763 W Flagler St
1401-1405 Sw 17th Ave., LLC
752 West Flagler Street Ste 105
A&G Hardwood, LLC
751 W Flagler St
836-838 W. Flagler St., LLC
752 West Flagler St Ste 105
Sfk Investments, LLC
752 West Flagler St Suite 105
Ministerio Conexion Divina, Inc
752 W Flagler St #205
Edie Miami, Inc.
751 West Flagler St
Suarez Assembly Corporation
726 W Flagler St
Los Catrachos Inc.
755 W Flagler St
1464-1468 Sw 6th St., LLC
752 West Flager St Suite 105
A & M Lending Company, LLC
661 West Flagler St
The Great Creation, Inc.
661 West Flagler St
Fargom Radiators, Inc.
725 West Flagler St
Kgs Investments, Lllp
752 West Flagler Street Suite 105
2175-2189 Sw 1st Street, LLC
752 West Flagler Street Suite 105
722 West Flagler Street, LLC
752 West Flagler Street Suite 105
1440-1444 W. Flagler St., LLC
752 West Flagler Street Suite 105
849-851 Sw 1st St., LLC
752 West Flagler Street Suite 105
5845 Realty, LLC
752 West Flagler Street Suite 105
840 W. Flagler St., LLC
752 West Flagler Street Suite 105
Lamas Investment Properties LLC
701 West Flagler St
La Libertad Market Cafeteria Inc.
701 West Flagler St
3100-3104 Coral Way, LLC
752 West Flagler St
843 Sw 1st St., LLC
752 West Flagler St
752 W. Flagler St., LLC
752 West Flagler St
2601 W. Flagler St., LLC
752 West Flagler St
Red Iberoamerica Lider, Inc.
675 W Flagler St
Ad Group, Inc.
675 W Flagler St
Bridge Go, LLC
652 Nw 1st St
658 Nw 1 St LLC
658 Nw 1 St
Cami Services Corp
718 Nw 1 St
New Phoenix Properties, LLC
752 W Flagler St
Disclaimers and Disclosures

Public Records Data

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