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 
900 Nw 29 St Multi-family - less than 10 units 3,366 B
924 Nw 29 St Multi-family - less than 10 units 6,781 B
856 Nw 29 St Vacant Residential 0 L
925 Nw 28 St Vacant Residential 0 L
989 Nw 28 St Multi-family - less than 10 units 3,180 B
915 Nw 28 St Multi-family - less than 10 units 1,950 B
2801 Nw 10 Ave Multi-family - less than 10 units 2,432 B
901 Nw 28 St Multi-family - 10 units or more 6,522 B
844 Nw 29 St Multi-family - less than 10 units 1,321 C
921 Nw 29 St Multi-family - less than 10 units 3,059 B
909 Nw 29 St Single Family 1,312 C
931 Nw 29 St Multi-family - less than 10 units 1,778 B
901 Nw 29 St Single Family 1,868 C
2840 Nw 10 Ave County Owned 3,614 B
831 Nw 28 St Single Family 1,057 C
834 Nw 29 St Multi-family - less than 10 units 1,809 C
2905 Nw 10 Ave Multi-family - less than 10 units 2,755 C
2810 Nw 10 Ave Multi-family - less than 10 units 1,667 C
853 Nw 29 St Multi-family - less than 10 units 2,094 C
827 Nw 28 St Single Family 1,623 C
1001 Nw 28 St Multi-family - less than 10 units 2,114 B
822 Nw 29 St Multi-family - less than 10 units 1,949 C
1018 Nw 29 St Vacant Residential 1,282 L
2900 Nw 10 Ave Multi-family - less than 10 units 3,570 B
845 Nw 29 St Multi-family - 10 units or more 11,349 B
825 Nw 28 St Single Family 1,360 C
2929 Nw 10 Ave Multi-family - less than 10 units 1,356 C
1021 Nw 28 St Multi-family - less than 10 units 2,080 C
920 Nw 29 Ter Multi-family - less than 10 units 3,099 B
820 Nw 29 St Single Family 1,772 C
900 Nw 29 Ter Single Family 1,192 C
1030 Nw 29 St Multi-family - less than 10 units 3,836 B
862 Nw 29 Ter Single Family 1,720 C
815 Nw 28 St Multi-family - less than 10 units 3,318 B
1029 Nw 28 St Multi-family - less than 10 units 2,979 C
858 Nw 29 Ter Single Family 1,285 C
1002 Nw 28 St Mixed use - store and office or store and residential or residential combination 1,601 B
930 Nw 29 Ter Multi-family - less than 10 units 1,356 C
808 Nw 29 St Multi-family - less than 10 units 2,234 B
848 Nw 29 Ter Single Family 1,478 C
2930 Nw 10 Ave Single Family 1,259 C
1027 Nw 29 St Single Family 1,136 C
1040 Nw 29 St Single Family 1,064 C
2735 Nw 10 Ave County Owned 13,586 B
821 Nw 29 St Single Family 697 C
813 Nw 28 St Single Family 1,163 C
1037 Nw 28 St Multi-family - less than 10 units 2,385 B
2720 Nw 10 Ave Multi-family - less than 10 units 4,738 B
836 Nw 29 Ter Single Family 1,144 C

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.

The tax assessed value of this property places it in percentile 33 of all properties in this area. This suggests it would appeal to someone earning around $27,419 per year who should qualify for a mortgage between $54,838 and $68,548.

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%.

This property falls in percentile 33 of all properties in this area. This corresponds to a rent of $816 per month and a monthly household income of $2,426 ($29,112 per year)

Nearby Companies

Our Lady Of Fatima, Inc.
2905 Nw 10th Ave
All In Empire LLC
1002 Nw 28 Street
Pinguinos Auto Care, Inc.
1002 Nw 28 Street
Lao Construction, Inc.
2810 Nw 10th Ave
D-Cypher It LLC
827 Nw 28 St
Jagroup Iv LLC
900 Nw 29th St
Doxa Trucking LLC
822 Nw 29th St
Honest Renovation Company
822 Nw 29th St
R. Carpentry Corp.
2900 Nw 10th Ave Unit 2
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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