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 
421 Ne 68 St 2 Condominium 447 B
421 Ne 68 St 14 Condominium 604 B
421 Ne 68 St 4 Condominium 436 B
421 Ne 68 St 5 Condominium 447 B
421 Ne 68 St 6 Condominium 605 B
421 Ne 68 St 7 Condominium 581 B
421 Ne 68 St 8 Condominium 581 B
421 Ne 68 St 3 Condominium 436 B
421 Ne 68 St 1 Condominium 501 B
421 Ne 68 St 11 Condominium 605 B
421 Ne 68 St 9 Condominium 581 B
421 Ne 68 St 10 Condominium 581 B
421 Ne 68 St 16 Condominium 391 B
421 Ne 68 St 15 Condominium 576 B
429 Ne 68 St Multi-family - less than 10 units 1,377 C
421 Ne 67 St Government Undefined 0 L
441 Ne 68 St Multi-family - less than 10 units 1,669 C
453 Ne 68 St Multi-family - less than 10 units 3,219 B
450 Ne 68 St Church 1,889 B
420 Ne 69 St Multi-family - less than 10 units 3,166 B
440 Ne 69 St Multi-family - less than 10 units 1,364 C
6800 Ne 4 Ct Vacant Commercial 0 L
444 Ne 69 St Multi-family - less than 10 units 1,901 C
445 Ne 67 St Government Undefined 0 L
477 Ne 68 St Multi-family - less than 10 units 2,110 C
450 Ne 69 St Multi-family - less than 10 units 1,646 C
6700 Ne 4 Ct Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 43,841 B
6720 Ne 5 Ave Church 7,238 B
6820 Ne 5 Ave Multi-family - less than 10 units 2,276 C
6890 Ne 4 Ct Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 23,891 B
470 Ne 69 St Single Family 862 C
472 Ne 69 St Single Family 862 C
435 Ne 69 St Multi-family - less than 10 units 1,867 C
421 Ne 69 St Single Family 949 C
445 Ne 69 St Multi-family - less than 10 units 1,658 B
411 Ne 69 St Government Undefined 0 L
453 Ne 69 St Single Family 1,651 C
6900 Ne 4 Ct Office building, non-professional service building, one story 1,593 B
501 Ne 68 St Single Family 2,696 C
500 Ne 68 St Multi-family - less than 10 units 1,577 C
469 Ne 69 St Single Family 1,343 A
6900 Ne 5 Ave Single Family 1,573 C
6855 Ne 5 Ave Multi-family - less than 10 units 2,310 C
6701 Ne 5 Ave Multi-family - less than 10 units 2,908 C
511 Ne 68 St Multi-family - less than 10 units 2,106 C
512 Ne 68 St Multi-family - less than 10 units 2,497 B
6912 Ne 5 Ave Multi-family - less than 10 units 2,288 C
6899 Ne 4 Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 22,268 B
438 Ne 70 St Multi-family - less than 10 units 1,738 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 17 of all properties in this area. This suggests it would appeal to someone earning around $16,282 per year who should qualify for a mortgage between $32,564 and $40,705.

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 17 of all properties in this area. This corresponds to a rent of $608 per month and a monthly household income of $1,906 ($22,872 per year)

Nearby Companies

Incorsa Corp.
6918 Ne 5 Avenue
Propertyhead LLC
450 Ne 69 St
Studio D'Noel, Inc.
6900 Ne 5th Ave
Mutiarah Fine Art LLC
501 Ne 69th St
Nikma Inc
6918 Ne 5th Ave
Dalna Group, Lp
6750 Ne 4th Ct
Nava Group, LLC
6750 Ne 4th Ct
Crj10054, LLC
6750 Ne 4th Ct
Pen 907 LLC
6750 Ne 4th Ct
Naima Group, LLC
6750 Ne 4th Ct
Dash 224, LLC
6750 Ne 4th Ct
Ezra Group, LLC
6750 Ne 4th Ct
Lyahoo Group, LLC
6750 Ne 4th Ct
Brickell Sky, LLC
6750 Ne 4th Ct
Salim Group, LLC
6750 Ne 4th Ct
Leema Holdings Group LLC
6750 Ne 4th Ct
Lot 60, LLC
6750 Ne 4th Ct
One Abb, LLC
6750 Ne 4th Ct
Crj Capital Corp.
6750 Ne 4th Ct
E.T.D. Solutions Inc
6750 Ne 4th Ct
Hb0276 LLC
6916 Ne 4th Ave
Aftermath Wine Estate LLC
6916 Ne 4th Ave
Off The Rail LLC
6922 Ne 4th Ave
Magic City Manifesto Inc
6932 Ne 4th Ave
Bruce Therapy LLC
6930 Ne 4th Ave
Inversiones Cevi LLC
6940 Ne 4th Ave
E. G. Cody, Ltd., Inc.
6890 Ne 4th Ct
E. G. Cody Ii, Inc.
6890 Ne 4th Ct
Andiamo Ii, LLC
6890 Ne 4th Ct
Igc Properties, Inc.
6890 Ne 4th Ct
Zaccaro-Grimaldi, Inc.
6900 Ne 4th Ct
Payless Auto Glass LLC
453 Ne 69 St
Mia Vehicle Repair LLC
453 Ne 69th St
Paperface Records, LLC
6705 Ne 5th Ave
Talk Is Cheapp LLC
6705 Ne 5th Ave
Unitrac Software Corp
455 Ne 68th 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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