200 Ne 47 St, Miami
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%.
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 212 Ne 47 St | Single Family | 1,530 | C |
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| 201 Ne 46 St | Single Family | 1,261 | C |
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| 211 Ne 46 St | Single Family | 1,449 | C |
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| 224 Ne 47 St | Single Family | 1,758 | C |
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| 4670 Ne 2 Ave | Vacant Commercial | 0 | L | |
| 201 Ne 47 St | Single Family | 1,531 | C |
|
| 4680 Ne 2 Ave | Store, one story | 2,548 | B |
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| 211 Ne 47 St | Single Family | 1,559 | C |
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| 225 Ne 46 St | Single Family | 1,458 | C |
|
| 4600 Ne 2 Ave | Mixed use - store and office or store and residential or residential combination | 8,545 | B |
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| 4702 Ne 2 Ave | Store, one story | 2,311 | B |
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| 225 Ne 47 St | Single Family | 1,522 | C |
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| 234 Ne 47 St | Single Family | 1,606 | C |
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| 235 Ne 46 St | Single Family | 1,189 | C |
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| 174 Ne 47 St | Multi-family - less than 10 units | 5,752 | B |
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| 177 Ne 47 St | Single Family | 1,301 | C |
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| 171 Ne 46 St | Multi-family - less than 10 units | 1,278 | C |
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| 210 Ne 48 St | Single Family | 1,313 | C |
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| 200 Ne 46 St | Single Family | 1,308 | C |
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| 235 Ne 47 St | Single Family | 1,531 | C |
|
| 212 Ne 46 St | Single Family | 1,678 | C |
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| 4730 Ne 2 Ave | Mixed use - store and office or store and residential or residential combination | 3,465 | B |
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| 244 Ne 47 St | Single Family | 1,449 | C |
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| 190 Ne 46 St | Mixed use - store and office or store and residential or residential combination | 8,290 | B |
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| 168 Ne 47 St | Single Family | 2,160 | A |
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| 224 Ne 46 St | Single Family | 1,342 | C |
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| 220 Ne 48 St | Single Family | 1,314 | C |
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| 153 Ne 47 St | Multi-family - less than 10 units | 1,389 | A |
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| 245 Ne 46 St | Single Family | 1,179 | C |
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| 169 Ne 46 St | Multi-family - less than 10 units | 2,263 | A |
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| 4740 Ne 2 Ave | Restaurant, cafeteria | 2,541 | B |
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| 245 Ne 47 St | Single Family | 1,485 | C |
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| 234 Ne 46 St | Single Family | 1,893 | C |
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| 230 Ne 48 St | Single Family | 1,425 | C |
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| 137 Ne 47 St | Multi-family - less than 10 units | 2,789 | B |
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| 176 Ne 46 St | Multi-family - less than 10 units | 1,464 | B |
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| 155 Ne 46 St | Multi-family - less than 10 units | 1,385 | B |
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| 250 Ne 47 St | Single Family | 1,972 | C |
|
| 4790 Ne 2 Ave | Store, one story | 0 | B | |
| 251 Ne 46 St | Single Family | 1,445 | C |
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| 4725 Ne 1 Ct | Single Family | 1,790 | A |
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| 244 Ne 46 St | Single Family | 1,173 | C |
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| 201 Ne 45 St | Single Family | 1,951 | C |
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| 251 Ne 47 St | Single Family | 1,541 | C |
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| 211 Ne 45 St | Multi-family - less than 10 units | 2,093 | C |
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| 4510 Ne 2 Ave | Multi-family - 10 units or more | 3,889 | B |
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| 240 Ne 48 St | Single Family | 1,270 | C |
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| 168 Ne 46 St | Multi-family - less than 10 units | 1,545 | B |
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| 150 Ne 47 St | Multi-family - less than 10 units | 1,973 | A |
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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 60 of all properties in this area. This suggests it would appeal to someone earning around $62,468 per year who should qualify for a mortgage between $124,936 and $156,170.
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 60 of all properties in this area. This corresponds to a rent of $1,108 per month and a monthly household income of $3,185 ($38,220 per year)
Nearby Companies
4600 Ne 2 Ave
260 Ne 47th St
250 Ne 47th St
4725 Ne 1st Ct
4730 Ne 2nd Ave
4736 Ne 2 Ave
4740 Ne 2nd Ave
4790 Ne 2nd Ave
4790 Ne 2nd Ave
235 Ne 48 Street
4800 Ne 2nd Ave
201 Ne 45th St
240 Ne 45th St
240 Ne 45th St
4590 Ne 2nd Ave
190 Ne 46th St
234 Ne 46th St
157 Ne 46th St
150 Ne 47th St
150 Ne 47th St
150 Ne 47th St
150 Ne 47th St
150 Ne 47th St
150 Ne 47th St
146 Ne 47 St
146 Ne 47th St
146 Ne 47th St
145 Ne 46 Street