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 
1168 Nw 28 St Single Family 954 C
1180 Nw 28 St Vacant Residential 0 L
1160 Nw 28 St Multi-family - less than 10 units 1,268 C
1169 Nw 27 St Single Family 1,086 C
1167 Nw 27 St Single Family 1,090 C
1183 Nw 27 St Single Family 1,218 C
1163 Nw 27 St Single Family 1,002 C
1154 Nw 28 St Single Family 1,349 C
1157 Nw 27 St Single Family 1,226 C
1177 Nw 28 St Single Family 1,544 C
1171 Nw 28 St Single Family 925 C
1185 Nw 28 St Multi-family - less than 10 units 1,770 C
1146 Nw 28 St Single Family 856 C
1161 Nw 28 St Multi-family - less than 10 units 2,893 C
1143 Nw 27 St Single Family 794 C
1153 Nw 28 St Multi-family - less than 10 units 2,070 C
1136 Nw 28 St Multi-family - less than 10 units 2,168 C
1184 Nw 27 St Single Family 1,007 C
1168 Nw 27 St Single Family 1,427 C
1135 Nw 27 St Single Family 1,157 C
2736 Nw 12 Ave Single Family 1,030 C
1145 Nw 28 St Multi-family - less than 10 units 1,381 C
1200 Nw 28 St Multi-family - less than 10 units 889 C
2716 Nw 12 Ave Multi-family - less than 10 units 1,281 C
1158 Nw 27 St Single Family 986 C
2712 Nw 12 Ave Vacant Residential 0 L
1150 Nw 27 St Single Family 1,116 C
1133 Nw 28 St Multi-family - less than 10 units 2,316 C
1127 Nw 27 St Single Family 719 C
2702 Nw 12 Ave Multi-family - less than 10 units 1,318 C
2810 Nw 12 Ave Service station 1,871 B
1176 Nw 29 St Single Family 1,285 C
1166 Nw 29 St Single Family 1,404 C
1144 Nw 27 St Single Family 1,133 C
1184 Nw 29 St Single Family 1,226 C
1220 Nw 28 St Single Family 1,462 C
1160 Nw 29 St Single Family 1,126 C
1120 Nw 28 St Single Family 1,339 C
1129 Nw 28 St Single Family 1,184 C
1119 Nw 27 St Single Family 1,284 B
1221 Nw 27 St Single Family 819 C
1175 Nw 26 St Single Family 941 C
1134 Nw 27 St Single Family 1,010 C
1169 Nw 26 St Single Family 869 C
1183 Nw 26 St Single Family 1,127 C
1155 Nw 26 St Single Family 1,292 C
1215 Nw 28 St Vacant Residential 0 L
2838 Nw 12 Ave Multi-family - less than 10 units 1,743 C
1150 Nw 29 St Multi-family - 10 units or more 10,370 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.

The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $10,854 per year who should qualify for a mortgage between $21,708 and $27,135.

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 14 of all properties in this area. This corresponds to a rent of $380 per month and a monthly household income of $1,469 ($17,628 per year)

Nearby Companies

Caraf 12th Ave Inc.
2810 Nw 12 Ave
1200 Nw 29 St LLC.
1200 Nw 29th St
Dola Trading, Inc.
1200 Nw 29th St
Faced Land Holdings, LLC
2810 Nw 12th Ave
Armas Enterprises LLC
2632 Nw 12 Ave
Las Palmas A.L.F, Corp
1170 Nw 26 St
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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