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 
5760 Sw 6 St Single Family 1,352 C
5751 Sw 7 St Single Family 1,639 C
5740 Sw 6 St Single Family 1,164 B
5741 Sw 7 St Single Family 1,303 C
5761 Sw 7 St Single Family 1,526 C
5737 Sw 6 St Single Family 1,885 C
5741 Sw 6 St Single Family 1,415 C
5731 Sw 6 St Single Family 1,550 C
5761 Sw 6 St Single Family 2,012 C
5770 Sw 6 St Single Family 1,424 C
5771 Sw 7 St Single Family 1,888 C
5721 Sw 6 St Single Family 1,811 C
5791 Sw 6 St Single Family 1,868 C
5781 Sw 7 St Single Family 1,264 C
660 Sw 57 Ave Multi-family - 10 units or more 14,382 B
5709 Sw 6 St Multi-family - less than 10 units 2,382 B
555 Sw 58 Ave Single Family 1,598 C
5750 Sw 5 Ter Single Family 744 C
5760 Sw 5 Ter Single Family 1,696 C
5720 Sw 7 St Parking lot (commercial or patron) or mobile home park 0 L
5740 Sw 5 Ter Single Family 1,108 C
5770 Sw 5 Ter Single Family 2,019 C
5791 Sw 7 St Single Family 1,925 C
547 Sw 58 Ave Single Family 1,793 C
5701 Sw 6 St Multi-family - less than 10 units 2,430 B
5730 Sw 5 Ter Single Family 1,415 C
5790 Sw 6 St Single Family 1,304 C
5757 Sw 8 St Mixed use - store and office or store and residential or residential combination 21,462 B
5770 Sw 7 St Single Family 1,682 C
560 Sw 57 Ave Multi-family - less than 10 units 2,574 C
5720 Sw 5 Ter Multi-family - less than 10 units 2,341 C
545 Sw 58 Ave Single Family 2,126 C
5780 Sw 7 St Vacant Residential 0 L
540 Sw 57 Ave Multi-family - less than 10 units 2,610 B
5801 Sw 6 St Single Family 1,624 C
5717 Sw 8 St Store, one story 13,418 B
5801 Sw 7 St Single Family 1,725 C
5790 Sw 7 St Miscellaneous Residential (migrant camp or boarding home.) 400 C
5733 Sw 8 St Store, one story 5,418 B
552 Sw 58 Ave Single Family 1,612 C
5725 Sw 8 St Restaurant, cafeteria 5,992 B
548 Sw 58 Ave Single Family 2,015 B
5701 Sw 8 St Store, one story 11,319 B
5800 Sw 6 St Single Family 1,200 C
5767 Sw 8 St Store, one story 1,296 B
5749 Sw 5 Ter Single Family 1,140 C
5769 Sw 5 Ter Multi-family - less than 10 units 1,331 C
5810 Sw 7 St Single Family 3,245 C
5745 Sw 5 Ter Single Family 1,991 C

Local Household Income

The median household income in this part of Florida is $44,926. The bottom 10% of the population earn less than $12,918 per year. The top 10% earn more than $184,479 per year. The top 1% earn more than $594,594 per year. Most renters earn between $25,140 (20th percentile) and $49,848 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $89,852 and $112,315.

The tax assessed value of this property places it in percentile 41 of all properties in this area. This suggests it would appeal to someone earning around $35,169 per year who should qualify for a mortgage between $70,338 and $87,923.

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 $994. Most renters earn between $2,095 and $4,154 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $909 per month and a monthly household income of $2,590 ($31,080 per year)

Nearby Companies

Roberto Alvarez, P.A.
601 Sw 57 Ave
Diny Travel, LLC
601 Sw 57 Ave
D & M Health Center, LLC
601 Sw 57 Ave
Miguel Ramos, P.A.
5750 Sw 6 St
Kiko Plumbing, Inc.
5741 Sw 6th St
J C Spa Nails, Inc.
625 Sw 57th Ave
Coral Negro Jewelry Corp
619 Sw 57th Ave
Wind Word Apartments LLC
601 Sw 57th Ave
La Sorpresa Cubana Inc
609 Sw 57 Av
205 Worth LLC
601 Sw 57th Ave
4870 LLC
601 Sw 57th Ave
Fge Investments, Inc.
601 Sw 57th Ave
Meyr Scientific LLC.
601 Sw 57th Avenue Ste D
G.R. Equity L.L.C.
530 Sw 57 Avenue
Aromas Franchise LLC
5757 Sw 8th St
5757 Plaza, Corp.
5757 Sw 8th St
Palace Service Corp.
5757 Sw 8 St Suite 111
Aniversario 16, LLC
5760 Sw 8 Street
Sweet River Harbor, LLC
5760 Sw 8 Street
Sweet River West Miami, LLC
5760 Sw 8 Street
614 Yacht Club Drive, LLC
5760 Sw 8 Street
1929 Nw, LLC
5760 Sw 8 Street
Sunflower Hospitality, LLC
5760 Sw 8 Street
Sweet River Homes LLC
5760 Sw 8 Street
Nw 29th, LLC.
5760 Sw 8 St Ste 500
Aniversario 27, LLC.
5760 Sw 8 St Ste 500
Falcon Flight, LLC
5760 Sw 8 St Ste 500
Vila Moura, LLC
5760 Sw 8 St Ste 500
Pinpino Enterprises, LLC
5760 Sw 8 Street Suite 500
516 Yacht Club Drive, LLC
5760 Sw 8 Street Suite 500
910 Yacht Club Drive, LLC.
5760 Sw 8 Street Suite 500
Grupo 5a, LLC
5760 Sw 8 Street Suite 500
Sweet River Funding LLC
5760 Sw 8 Street Suite 500
Nicolas Fernandez, P.A.
5760 Sw 8 Street Suite 500
Safer Home Services, LLC
4190 112th Terrace North
Aromas Del Peru Of West Miami Corp.
5757 Southwest 8th St
Aqua Beauty Salon Corp
5757 Sw 8 St
T&C Lourdes, LLC
5770 Sw 5th Ter
Lourdes Residence, Inc.
5770 Sw 5th Ter
Jdaf Investment, LLC
5741 Sw 8 St
Otto Strada, LLC
5733 Sw 8 Street
Emca Boutique LLC
5737 Sw 8th St
Alto Media Group Inc
5717 Sw 8th St
Portuondo Perotti Atelier, Inc.
5717 Sw 8th Street 2nd Floor
5717 Corporation
5717 Sw 8th St
The Parada Group, Inc.
5717 Sw 8th St
723 Red Road Corp.
723 Red Rd
4 M Of Miami, Inc.
5757 Sw 8th St
Disclaimers and Disclosures

Public Records Data

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