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 
655 Ne 85 St Multi-family - less than 10 units 3,776 B
635 Ne 85 St Parking lot (commercial or patron) or mobile home park 0 L
640 Ne 86 St Multi-family - less than 10 units 1,949 B
620 Ne 86 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2,271 B
660 Ne 86 St Single Family 1,032 B
675 Ne 85 St Vacant Residential 0 L
670 Ne 86 St Multi-family - 10 units or more 3,506 B
652 Ne 85 St Multi-family - 10 units or more 6,344 B
632 Ne 85 St Multi-family - 10 units or more 12,773 B
8515 Biscayne Blvd Church 20,174 B
685 Ne 85 St Multi-family - 10 units or more 5,427 B
688 Ne 85 St Multi-family - 10 units or more 12,067 B
641 Ne 86 St Multi-family - less than 10 units 2,332 B
651 Ne 86 St Multi-family - less than 10 units 2,332 B
8425 Biscayne Blvd Store, one story 7,294 B
682 Ne 86 St Multi-family - 10 units or more 3,506 B
661 Ne 86 St Multi-family - less than 10 units 2,646 B
625 Ne 86 St Multi-family - less than 10 units 2,841 B
667 Ne 86 St Multi-family - less than 10 units 2,149 B
673 Ne 86 St Multi-family - less than 10 units 2,249 B
696 Ne 85 St Multi-family - less than 10 units 4,512 B
8411 Biscayne Blvd Multi-family - less than 10 units 4,735 B
685 Ne 86 St Single Family 1,212 C
8601 Biscayne Blvd Restaurant, cafeteria 4,472 B
645 Ne 83 Ln Single Family 1,458 B
8415 Biscayne Blvd Vacant Commercial 0 L
698 Ne 85 St Multi-family - less than 10 units 3,462 B
696 Ne 86 St Multi-family - 10 units or more 14,817 B
691 Ne 86 St Multi-family - less than 10 units 2,367 B
625 Ne 83 Ln Single Family 927 B
652 Ne 83 Ln Single Family 2,213 C
654 Ne 87 St Multi-family - less than 10 units 4,333 B
640 Ne 87 St Parking lot (commercial or patron) or mobile home park 0 L
615 Ne 83 Ln Single Family 2,073 C
658 Ne 87 St Multi-family - less than 10 units 1,851 C
655 Ne 83 Ln Vacant Commercial 0 L
620 Ne 87 St Parking lot (commercial or patron) or mobile home park 0 L
660 Ne 87 St Multi-family - less than 10 units 1,909 C
8623 Biscayne Blvd Office building, non-professional service building, one story 438 B
699 Ne 86 St Multi-family - less than 10 units 3,277 B
657 Ne 83 Ter Multi-family - less than 10 units 1,912 B
610 Ne 87 St Parking lot (commercial or patron) or mobile home park 0 L
8600 Biscayne Blvd Parking lot (commercial or patron) or mobile home park 0 L
670 Ne 87 St Multi-family - less than 10 units 1,600 C
8540 Biscayne Blvd Drive-in Restaurant 871 B
700 Ne 85 St Multi-family - 10 units or more 5,797 B
717 Ne 85 St Single Family 519 B
611 Ne 83 Ln Vacant Commercial 0 L
680 Ne 87 St Multi-family - less than 10 units 2,147 B

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

Elder Investments, Inc.
696 Ne 86th St
Akb Partners, LLC
730 Ne 86th St
Bh 495 Ne 83rd St, LLC
730 Ne 86th St
Bh83 Terr, LLC
730 Ne 86th St
Barrington Brothers, LLC
730 Ne 86th St
Haibian Lights Ent
652 Ne 83rd Ln
Gorilla Kie Mixology LLC
652 Ne 83rd Ln
Atiaia Transportation Inc
685 Ne 85th St
Bild Animal Hospital, LLC
611 Ne 86th St
Ariadna & Anette Corporation
8615 Biscayne Blvd
Deco Dreams Vintage, Inc.
8650 Biscayn Blvd
8425 Biscayne LLC
8425 Biscayne Blvd
Choeff Levy Fischman, P.A.
8425 Biscayne Blvd
Design Source Miami, LLC
8650 Biscayne Blvd
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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