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 
7004 Nw 7 Ave Vacant Commercial 0 L
7020 Nw 7 Ave Office building, non-professional service building, one story 950 B
725 Nw 70 St Multi-family - less than 10 units 3,878 B
733 Nw 70 St Vacant Residential 0 L
6942 Nw 7 Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 14,690 B
7070 Nw 7 Ave Auto sales, auto repair and storage or auto service shop 1,844 B
7025 Nw 7 Ave Store, one story 3,370 B
730 Nw 71 St Wholesale outlet, produce house or manufacturing outlet 4,372 B
7011 Nw 7 Ave Vacant Commercial 0 L
7027 Nw 7 Ave Parking lot (commercial or patron) or mobile home park 0 L
7029 Nw 7 Ave Store, one story 596 B
741 Nw 70 St Multi-family - less than 10 units 3,290 B
722 Nw 70 St Single Family 985 C
6920 Nw 7 Ave Vacant Commercial 0 L
7041 Nw 7 Ave Auto sales, auto repair and storage or auto service shop 238 B
726 Nw 70 St Multi-family - less than 10 units 1,559 C
740 Nw 71 St Vacant Commercial 0 L
6955 Nw 7 Ave Vacant Commercial 0 L
6945 Nw 7 Ave Vacant Commercial 0 L
751 Nw 70 St Single Family 1,386 B
742 Nw 70 St Single Family 911 C
6935 Nw 7 Ave Vacant Commercial 0 L
7020 Nw 6 Ct Multi-family - less than 10 units 2,120 C
7030 Nw 6 Ct Multi-family - less than 10 units 2,120 C
7010 Nw 6 Ct Multi-family - less than 10 units 2,120 C
680 Nw 71 St Office building, non-professional service building, one story 1,225 B
7040 Nw 6 Ct Vacant Institutional Property 0 L
6931 Nw 7 Ave Vacant Commercial 0 L
6970 Nw 6 Ct Multi-family - less than 10 units 1,319 C
6912 Nw 7 Ave Repair service shop (excluding automotive) 1,943 B
750 Nw 71 St Vacant Commercial 0 L
759 Nw 70 St Multi-family - less than 10 units 3,402 B
660 Nw 71 St Vacant Commercial 0 L
6960 Nw 6 Ct Multi-family - less than 10 units 1,347 C
750 Nw 70 St Multi-family - less than 10 units 3,105 B
6950 Nw 6 Ct Multi-family - less than 10 units 1,347 C
6921 Nw 7 Ave Repair service shop (excluding automotive) 10,981 B
660 Nw 71 St Office building, non-professional service building, one story 700 B
754 Nw 71 St Vacant Commercial 0 L
725 Nw 69 St Single Family 1,361 C
6940 Nw 6 Ct Single Family 1,376 C
767 Nw 70 St Multi-family - less than 10 units 2,073 C
754 Nw 70 St Multi-family - 10 units or more 4,110 B

Local Household Income

The median household income in this part of Florida is $48,090. The bottom 10% of the population earn less than $11,600 per year. The top 10% earn more than $204,284 per year. The top 1% earn more than $689,441 per year. Most renters earn between $23,868 (20th percentile) and $50,244 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $96,180 and $120,225.

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 $987. Most renters earn between $1,989 and $4,187 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $649 (20th percentile) to $1,498 (80th percentile) range. The residential vacancy rate is 8%.

Nearby Companies

Fat & Skinny Bbq, LLC
7070 Nw 7th Ave
E. S. Tires Shop, Inc.
7070 Nw 7th Ave
Mph Import & Export Inc.
680 Nw 71st St
71 Shine Shop Inc
680 Nw 71st St
Thomas Brillet, Inc.
730 Nw 71 St
Paris Ornamental Fence Inc
6899 Nw 7th Ave
U Save Market Inc.
6900 Nw 7 Ave
Sasari Limited, Inc.
6800 Sw 56th Street (Miller Dr)
American Iron Group Corp
7010 Nw 6th Ct
Billonarios Group Corp
7010 Nw 6 Ct
Nick Auto Sales Inc.
7029 Nw 7th Ave
Nestor Auto Sales, Inc.
7029 Nw 7th Ave
Boa Auto Financial Corp
7020 Nw 7 Ave
E & R Sell'S Auto Inc.
7041 Nw 7th 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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