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 
2409 Nw 25 Ave Multi-family - less than 10 units 2,387 C
2347 Nw 25 Ave Vacant Residential 0 L
2411 Nw 25 Ave Single Family 1,866 C
2400 Nw 24 Ct Multi-family - less than 10 units 2,498 C
2339 Nw 25 Ave Multi-family - less than 10 units 2,457 B
2440 Nw 24 Ct Single Family 1,099 C
2400 Nw 25 Ave Multi-family - less than 10 units 3,285 B
2511 Nw 25 Ave Vacant Residential 1,189 L
2450 Nw 24 St Single Family 1,366 C
2500 Nw 24 Ct Multi-family - less than 10 units 1,808 C
2511 Nw 24 St Multi-family - less than 10 units 2,685 C
2480 Nw 26 St Multi-family - less than 10 units 1,576 C
2500 Nw 26 St Single Family 1,107 C
2536 Nw 24 Ct Multi-family - less than 10 units 9,859 B
2340 Nw 24 Ct Single Family 1,511 C
2504 Nw 24 St Multi-family - less than 10 units 1,068 C
2536 Nw 24 St 4f Condominium 758 B
2536 Nw 24 St 2g Condominium 571 B
2536 Nw 24 St 3g Condominium 571 B
2536 Nw 24 St 2h Condominium 571 B
2536 Nw 24 St 3h Condominium 571 B
2536 Nw 24 St 4h Condominium 571 B
2536 Nw 24 St 3f Condominium 758 B
2536 Nw 24 St 2f Condominium 758 B
2536 Nw 24 St 4e Condominium 758 B
2536 Nw 24 St 3e Condominium 758 B
2536 Nw 24 St 2e Condominium 758 B
2536 Nw 24 St 4d Condominium 571 B
2536 Nw 24 St 3d Condominium 571 B
2536 Nw 24 St 2d Condominium 571 B
2536 Nw 24 St 4c Condominium 571 B
2536 Nw 24 St 3c Condominium 571 B
2536 Nw 24 St 2c Condominium 571 B
2536 Nw 24 St 4b Condominium 758 B
2536 Nw 24 St 3b Condominium 758 B
2536 Nw 24 St 2b Condominium 758 B
2536 Nw 24 St 4a Condominium 758 B
2536 Nw 24 St 3a Condominium 758 B
2536 Nw 24 St 2a Condominium 758 B
2536 Nw 24 St 4g Condominium 571 B
2550 Nw 24 Ct Single Family 1,150 C
2314 Nw 24 Ct Single Family 909 C
2510 Nw 26 St Single Family 1,227 C
2521 Nw 24 St Multi-family - less than 10 units 1,896 C
2495 Nw 23 St Church 4,870 B
2501 Nw 26 St 1302 Condominium 1,195 B
2501 Nw 26 St 1307 Condominium 1,195 B
2501 Nw 26 St 1312 Condominium 940 B
2501 Nw 26 St 1301 Condominium 940 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

Dliz Transport Corp
2480 Nw 26th St
J & A Granados Corp
2445 Nw 23rd St
Guardian General Services, Inc.
2308 N W 25 Avenue
Lions Paradise, L.L.C.
2315 Nw 24th Ct
The Real Roofing, Inc.
2315 Nw 24 Ct
Nica U.S.A., Corp.
2503 Nw 23 St
Spilsbury, Corp.
2411 Nw 25 Avenue
Corcel Corp.
2461 Nw 23 Street
Jcb & Company, Inc.
2299 Nw 25th Ave
Disclaimers and Disclosures

Public Records Data

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