2500 Nw 5 Ave, 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 | |
|---|---|---|---|---|
| 2520 Nw 5 Ave | Heavy industrial | 11,924 | B |
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| 2450 Nw 5 Ave | Store, one story | 8,252 | B |
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| 524 Nw 26 St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 520 Nw 26 St | Light manufacturing | 7,985 | B |
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| 2400 Nw 5 Ave | Wholesale outlet, produce house or manufacturing outlet | 11,259 | B |
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| 535 Nw 24 St | Light manufacturing | 30,144 | B |
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| 530 Nw 26 St | Light manufacturing | 4,859 | B |
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| 545 Nw 24 St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 2451 Nw 5 Ave | Light manufacturing | 6,846 | B |
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| 540 Nw 26 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 7,533 | B |
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| 519 Nw 26 St | Light manufacturing | 4,081 | B |
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| 555 Nw 24 St | Light manufacturing | 9,110 | B |
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| 2501 Nw 5 Ave | Store, one story | 11,821 | B |
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| 2610 Nw 5 Ave | Store, one story | 20,671 | B |
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| 2525 Nw 5 Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,001 | B |
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| 2380 Nw 5 Ave | Wholesale outlet, produce house or manufacturing outlet | 16,947 | B |
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| 537 Nw 26 St | Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 12,339 | B |
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| 550 Nw 26 St | Light manufacturing | 10,211 | B |
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| 490 Nw 26 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 6,960 | B |
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| 565 Nw 24 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 8,532 | B |
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| 2401 Nw 5 Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 29,012 | B |
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| 2330 Nw 5 Ave | Mixed use - store and office or store and residential or residential combination | 1,247 | B |
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| 413 Nw 25 St | Vacant Industrial | 0 | L | |
| 520 Nw 27 St | Light manufacturing | 5,121 | B |
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| 2324 Nw 5 Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,075 | B |
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| 570 Nw 26 St | Light manufacturing | 7,755 | B |
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| 545 Nw 26 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 10,692 | B |
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| 575 Nw 24 St | Store, one story | 7,932 | B |
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| 530 Nw 27 St | Vacant Industrial | 0 | L | |
| 2640 Nw 5 Ave | Wholesale outlet, produce house or manufacturing outlet | 8,388 | B |
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| 532 Nw 27 St | Vacant Industrial | 0 | L | |
| 2320 Nw 5 Ave | Vacant Commercial | 0 | L | |
| 400 Nw 26 St | Light manufacturing | 23,764 | B |
|
| 550 Nw 27 St | Vacant Industrial | 0 | L | |
| 2337 Nw 5 Ave | Light manufacturing | 55,624 | B |
|
| 355 Nw 25 St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 580 Nw 26 St | Light manufacturing | 6,268 | B |
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| 557 Nw 26 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 5,990 | B |
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| 390 Nw 25 St | Vacant Industrial | 0 | L | |
| 2641 Nw 5 Ave | Wholesale outlet, produce house or manufacturing outlet | 26,796 | B |
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| 560 Nw 27 St | Wholesale outlet, produce house or manufacturing outlet | 4,410 | B |
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| 2308 Nw 5 Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 6,049 | B |
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| 2401 Nw 6 Ave | Light manufacturing | 15,668 | B |
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| 550 Nw 24 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 47,263 | B |
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| 564 Nw 24 St | Light manufacturing | 5,162 | B |
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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
541 Nw 27th St
541 Nw 27th St
520 Nw 27th St
2640 Nw 5th Ave
2601 Nw 5th Ave
584 Nw 26th St
570 Nw 26th St
570 Nw 26 St
550 Nw 26 St
550 Nw 26 St
550 Nw 26 St
550 Nw 26 St
550 Nw 26 St
550 Nw 26 St
560 Nw 26 St
565 Nw 24th St
550 Nw 26th St
540 Nw 26th St
540 Nw 26th St
540 Nw 26th St
540 Nw 26th St
2620 Nw 5th Ave
2620 Nw 5th Ave
2620 Nw 5th Ave
2620 Nw 5th Ave
2602 Nw 5th Ave
2610 Nw 5th Ave
2550 N W 5 Avenue
2520 Nw 5th Ave
2500 Nw 5th Ave
500 Nw 24th St
500 Nw 24th St
500 Nw 24th St
500 Nw 24th St
500 Nw 24th St
2504 Nw 5th Ave
2350 Nw 5th Ave
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St
400 Nw 26 St