2623 Nw 24 St 11, Miami
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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2623 Nw 24 St 12 | Condominium | 611 | B |
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| 2623 Nw 24 St 10 | Condominium | 611 | B |
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| 2623 Nw 24 St 9 | Condominium | 611 | B |
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| 2623 Nw 24 St 8 | Condominium | 611 | B |
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| 2623 Nw 24 St 1 | Condominium | 611 | B |
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| 2623 Nw 24 St 2 | Condominium | 611 | B |
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| 2623 Nw 24 St 7 | Condominium | 611 | B |
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| 2623 Nw 24 St 6 | Condominium | 611 | B |
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| 2623 Nw 24 St 5 | Condominium | 611 | B |
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| 2623 Nw 24 St 4 | Condominium | 611 | B |
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| 2623 Nw 24 St 3 | Condominium | 611 | B |
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| 2622 Nw 24 St | Multi-family - less than 10 units | 3,912 | B |
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| 2624 Nw 24 St | Multi-family - less than 10 units | 1,615 | C |
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| 2611 Nw 24 St | Single Family | 1,784 | C |
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| 2612 Nw 24 St | Single Family | 1,425 | C |
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| 2623 Nw 24 St | Vacant Residential | 0 | L | |
| 2626 Nw 24 St | Multi-family - less than 10 units | 3,763 | B |
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| 2601 Nw 24 St | Single Family | 1,293 | C |
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| 2550 Nw 24 St | Single Family | 1,629 | C |
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| 2545 Nw 24 St | Vacant Residential | 0 | L | |
| 2401 Nw 27 Ave | Restaurant, cafeteria | 2,832 | B |
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| 2335 Nw 27 Ave | Store, one story | 5,905 | B |
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| 2537 Nw 24 St | Multi-family - less than 10 units | 2,500 | C |
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| 2421 Nw 27 Ave | Store, one story | 3,242 | B |
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| 2536 Nw 24 St | Vacant Residential | 0 | L | |
| 2325 Nw 27 Ave | Store, one story | 2,035 | B |
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| 2649 Nw 23 St | Light manufacturing | 3,464 | B |
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| 2655 Nw 23 St | Light manufacturing | 3,472 | B |
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| 2501 Nw 27 Ave | Repair service shop (excluding automotive) | 3,110 | B |
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| 2601 Nw 23 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 1,200 | C |
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| 2657 Nw 23 St | Auto sales, auto repair and storage or auto service shop | 3,100 | B |
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| 2608 Nw 26 St | Multi-family - less than 10 units | 2,062 | C |
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| 2319 Nw 27 Ave | Auto sales, auto repair and storage or auto service shop | 3,682 | B |
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| 2614 Nw 26 St | Single Family | 1,298 | C |
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| 2600 Nw 26 St | Multi-family - less than 10 units | 2,209 | C |
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| 2620 Nw 26 St | Repair service shop (excluding automotive) | 4,508 | B |
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| 2521 Nw 27 Ave | Store, one story | 1,577 | B |
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| 2551 Nw 23 St | Light manufacturing | 6,625 | B |
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| 2550 Nw 26 St | Multi-family - less than 10 units | 2,533 | B |
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| 2313 Nw 27 Ave | Store, one story | 1,250 | B |
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| 2523 Nw 27 Ave | Store, one story | 1,625 | B |
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| 2521 Nw 24 St | Multi-family - less than 10 units | 1,896 | C |
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| 2536 Nw 24 St 4b | Condominium | 758 | B |
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| 2536 Nw 24 St 3b | Condominium | 758 | B |
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| 2536 Nw 24 St 3e | Condominium | 758 | B |
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| 2536 Nw 24 St 3f | Condominium | 758 | B |
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| 2536 Nw 24 St 3g | Condominium | 571 | B |
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| 2536 Nw 24 St 2h | Condominium | 571 | B |
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| 2536 Nw 24 St 2c | Condominium | 571 | B |
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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.
The tax assessed value of this property places it in percentile 1 of all properties in this area. This suggests it would appeal to someone earning around $0 per year who should qualify for a mortgage between $0 and $0.
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%.
This property falls in percentile 1 of all properties in this area. This corresponds to a rent of $163 per month and a monthly household income of $541 ($6,492 per year)
Nearby Companies
2410 Nw 27 Ave
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2620 Nw 26 St
2595 Nw 27th Ave
2595 Nw 27th Ave
2614 Nw 26 Street
2745 Nw 24th St
2503 Nw 23 St
2411 Nw 25 Avenue
2250 Nw 26 Ave
2313 Nw 27th Ave
2315 Nw 27th Ave
2325 Nw 27 Av
2333 Nw 27th Ave
2653 Nw 23 St
2653 Nw 23 St
2341 Nw 27th Ave
2345 Nw 27th Ave
2601 Nw 23 Street
2655 Nw 23rd St
2339 Nw 27th Ave
2601 Nw 23 St
2340 Nw 27th Ave
2340 Nw 27th Ave
2421 Nw 27th Ave
2421 Nw 27th Ave
2710 Nw 24 St
2710 Nw 24 St
2710 Nw 24 St
2710 Nw 24th St
2710 Nw 24th St
2710 Nw 24th St
2710 Nw 24th St
2710 Nw 24th St
2710 Nw 24 Street
2623 Nw 24 St
2529 Nw 23rd St
2553 Nw 23 St
2553 Nw 23 Street