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 
556 Ne 72 St Single Family 1,430 C
570 Ne 72 St Single Family 1,540 C
552 Ne 72 St Single Family 2,114 C
555 Ne 71 St Multi-family - less than 10 units 2,209 C
7126 Biscayne Blvd Hotel or motel 7,476 B
7150 Biscayne Blvd Hotel or motel 6,222 B
7120 Biscayne Blvd Store, one story 3,655 B
542 Ne 72 St Multi-family - less than 10 units 1,725 C
551 Ne 71 St Multi-family - less than 10 units 2,192 C
565 Ne 71 St Parking lot (commercial or patron) or mobile home park 0 L
563 Ne 72 St Multi-family - less than 10 units 2,359 C
577 Ne 72 St Single Family 1,166 C
555 Ne 72 St Single Family 1,762 C
541 Ne 71 St Single Family 1,904 C
549 Ne 72 St Single Family 1,586 C
7200 Biscayne Blvd Store, one story 6,701 B
7100 Biscayne Blvd 216 Office building, non-professional service building, multi-story 15,876 B
528 Ne 72 St Single Family 2,293 B
531 Ne 71 St Multi-family - less than 10 units 2,839 C
543 Ne 72 St Single Family 1,493 C
537 Ne 72 St Multi-family - less than 10 units 1,901 C
7222 Biscayne Blvd Store, one story 2,776 B
523 Ne 71 St Single Family 1,543 C
518 Ne 72 St Single Family 1,377 C
568 Ne 71 St Single Family 1,723 C
576 Ne 71 St Multi-family - less than 10 units 1,281 C
560 Ne 71 St Multi-family - less than 10 units 2,216 C
525 Ne 72 St Multi-family - less than 10 units 2,206 B
7228 Biscayne Blvd Mixed use - store and office or store and residential or residential combination 3,445 B
580 Ne 71 St Multi-family - less than 10 units 2,597 C
550 Ne 71 St Multi-family - less than 10 units 1,605 C
519 Ne 71 St Single Family 2,008 C
7030 Biscayne Blvd Restaurant, cafeteria 450 B
580 Ne 73 St Parking lot (commercial or patron) or mobile home park 0 L
566 Ne 73 St Vacant Residential 0 L
540 Ne 71 St Single Family 1,459 C
510 Ne 72 St Multi-family - less than 10 units 1,913 C
556 Ne 73 St Multi-family - less than 10 units 2,581 C
519 Ne 72 St Multi-family - less than 10 units 1,937 C
7111 Biscayne Blvd Office building, non-professional service building, one story 5,581 B
530 Ne 71 St Multi-family - less than 10 units 1,796 C
7238 Biscayne Blvd Vacant Commercial 0 L
546 Ne 73 St Multi-family - less than 10 units 1,726 C
511 Ne 71 St Single Family 1,303 C
7020 Biscayne Blvd Parking lot (commercial or patron) or mobile home park 0 L
7201 Biscayne Blvd Restaurant, cafeteria 2,563 B
611 Ne 72 St Parking lot (commercial or patron) or mobile home park 0 L
530 Ne 73 St Single Family 1,244 C
7101 Biscayne Blvd Office building, non-professional service building, multi-story 6,979 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.

The tax assessed value of this property places it in percentile 59 of all properties in this area. This suggests it would appeal to someone earning around $61,362 per year who should qualify for a mortgage between $122,724 and $153,405.

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 59 of all properties in this area. This corresponds to a rent of $1,086 per month and a monthly household income of $3,096 ($37,152 per year)

Nearby Companies

Hersi Hospitality,L.L.C.
7150 Biscayne Blvd
Aghios Gerasimos, Inc.
7201 Biscayne Blvd
Blvd Baes Inc
7244 Biscayne Blvd
Dp Signs & Printing, Inc
7233 Biscayne Blvd
Fly Vintage LLC
7235 Biscayne Blvd
Fly Boutique, Inc.
7235 Biscayne Blvd
Letterheads LLC
600 Northeast 72nd Ter
Jkl Florida Holdings LLC
7226 Biscayne Blvd
Twigs And Daisies Corp
7246 Biscayne Blvd
Winewood LLC
7251 Biscayne Blvd
Che Sopranos, Inc.
7251 Biscayne Blvd
Mountain Lake Inn LLC
7100 Biscayne Blvd
Global Adjusters, LLC
7100 Biscayne Blvd
Alex Luna Studios Inc
7100 Biscayne Blvd
Broadwal LLC
7100 Biscayne Blvd
Mimo Biscayne Management LLC
7100 Biscayne Blvd
Tna Carolina LLC
7100 Biscayne Blvd
Northport 441 LLC
7100 Biscayne Blvd
2nd Pioneer LLC
7100 Biscayne Blvd
Eliwal LLC
7100 Biscayne Blvd
Walplank LLC
7100 Biscayne Blvd
Southwest Pioneers LLC
7100 Biscayne Blvd
Waldov LLC
7100 Biscayne Blvd
Walbroad LLC
7100 Biscayne Blvd
Leopat LLC
7100 Biscayne Blvd
Leocavlaundry LLC
7100 Biscayne Blvd
7000 Biscayne LLC
7100 Biscayne Blvd
7100 Biscayne LLC
7100 Biscayne Blvd
7120 Biscayne LLC
7100 Biscayne Blvd
7126 Biscayne LLC
7100 Biscayne Blvd
8033 Biscayne LLC
7100 Biscayne Blvd
12305 LLC
7100 Biscayne Blvd
1110 E 25 St LLC
7100 Biscayne Blvd
Opzone Fund LLC
7100 Biscayne Blvd
Kanuga Bend LLC
7100 Biscayne Blvd
Centerhome LLC
7100 Biscayne Blvd
Rimochaya LLC
7100 Biscayne Blvd
Aviazione Leoni LLC
7100 Biscayne Blvd
Biscayne Pioneers, Inc.
7100 Biscayne Blvd
Leoben, Corporation
7100 Biscayne Blvd
Tna Palms, Inc.
7100 Biscayne Blvd
Leoni Real Estate, Corporation
7100 Biscayne Blvd
Toddrick, Inc.
7100 Biscayne Blvd
Ftcmortgages, Inc.
7100 Biscayne Blvd Suite 206
Waleli LLC
7100 Biscayne Blvd
Plankwal LLC
7100 Biscayne Blvd
Elliot LLC
7100 Biscayne Blvd
Ltri Group Inc
7100 Biscayne Blvd
7101 Biscayne, LLC
7101 Biscayne Blvd
Data Intelligence LLC
560 Ne 72 St
7126 Biscayne Blvd Yt Al LLC
7126 Biscayne Blvd
Selah V, L.L.C.
519 Ne 71 Street
Fednor Logistics, LLC
519 Ne 71 Street
Malouli Real Estate, LLC
528 Ne 72nd St
Nm Management LLC
528 Ne 72nd St
Outliers Management LLC
528 Ne 72nd St
Dogma Plus, LLC
7030 Biscayne Blvd
All-Risk Consultants LLC
7100 Biscayne Blvd
Body & Healing Evolution, LLC
7100 Biscayne Blvd
Thomfd LLC
7100 Biscayne Blvd
Universal Trust Mortgage LLC
7100 Biscayne Blvd
Evg Media, Inc.
7100 Biscayne Blvd
Py Food Concepts, Inc.
7100 Biscayne Blvd
Tdr Financial Services Inc
7100 Biscayne Blvd
Ez Tax And Multi Services Inc
7100 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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