Miami-Dade County Real Estate - Miami Beach

Miami Beach is a resort city located on a series of barrier islands located between Biscayne Bay and the Atlantic Ocean.  The city's main economic driver is tourism and it has a population of approximately 88,000.  The city's origins lie in the 1870 purchase of the land by Henry and Charles Lum.  The land was purchased for 25 cents an acre and its development continued in the following decades with the planting of coconut, avocado, and various other fruit plantations.  Chartered in March 1915, Miami Beach became a city in 1917.

Miami Beach exists in four different zip codes 33139, 33140, and 33141.  The main three neighborhoods in Miami Beach are South Beach, Mid Beach, and North Beach.  South Beach covers most of the 33139 zip code, Mid-Beach exists in both 33140 and parts of 33139, and North beach covers both the 33140 and 33141 zip codes.

South beach is the biggest and most populous neighborhood in Miami beach.  It has a population of approximately 39,000.  South Beach is known for its status as a popular entertainment destination, as it is home to many upmarket restaurants, hotels, and nightclubs.  South Beach's major thoroughfare, Ocean Drive, is the center of the famous Miami Art Deco district.  The road starts at Miami Beach's southernmost point, South Pointe Park, and runs north through the city stopping at 15th street.

Mid-Beach is Miami Beach's smallest and least populous section, home to about 10,000 people.  The area is mostly residential, and its most notable neighborhoods include Oceanfront, Bayshore, and Nautilus.  Mid-Beach is known for being home to a series of high-end houses known as millionaire's row.

The northernmost section of Miami Beach, North Beach, is home to approximately 28,000 residents.  North Beach's most populous neighborhood, Isles of Normandy, is located on the eastern shore of Biscayne Bay.  It has a population of approximately 9,000.  Other neighborhoods located in this section of the city include Biscayne Pointe and La Gorce.

Miami Beach is among the fastest growing cities in the US.  Its location and residents have created a subculture unique to Miami Beach and distinct from that of Miami.  Spanish is a first language for more than half of Miami Beach's citizens, as 53% of the city's population is made up of Latin American immigrants and their descendants.  Non-hispanic caucasians account for about 40% of the population and the remaining 7% of the population is made up of African and Aisian Americans, as well as mixed raced citizens.

Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 87,779.

The median age for residents of Miami Beach is 40.3. Around 14.9% of Miami Beach households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 87.3% of the Miami Beach population are White, 4.3% are Black or African American, .2% American Indian, 1.8% Asian and 2.6% are Two or more Races. Miami Beach has a significant Hispanic population. 53% (46,564) of Miami Beach residents are of Hispanic or Latino origin. Of these 3.32% are of Mexican origin, 6.96% Puerto Rican, 37.79% Cuban and 51.91% are of other Hispanic or Latino origin.

There are 67,499 housing units in Miami Beach. 20,331 (30.1%) of these were reported as vacant in the 2010 Census. Miami Beach is a tourist destination, 58.9% (11,988) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 33,960 residential rental units in Miami Beach. 28,974 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Miami Beach 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 
3724 Pinetree Dr Single Family 5,596 A
3756 Pinetree Dr Single Family 2,811 A
3757 Sheridan Ave Single Family 1,232 A
3747 Sheridan Ave Single Family 1,347 A
3765 Sheridan Ave Single Family 3,095 A
3739 Sheridan Ave Single Family 2,163 A
3725 Sheridan Ave Single Family 2,706 A
3700 Pinetree Dr Single Family 5,115 A
3719 Sheridan Ave Single Family 1,517 A
300 W 40 St Church 19,235 B
345 W 37 St Single Family 1,934 A
3745 Pinetree Dr Single Family 3,258 A
3759 Pinetree Dr Single Family 4,626 A
3725 Pinetree Dr Single Family 4,218 A
3711 Sheridan Ave Single Family 3,258 A
3773 Pinetree Dr Multi-family - less than 10 units 2,874 A
3776 Sheridan Ave Single Family 1,605 A
3711 Pinetree Dr Single Family 4,277 A
3760 Sheridan Ave Single Family 1,512 A
3750 Sheridan Ave Multi-family - less than 10 units 3,010 A
3766 Sheridan Ave Single Family 4,055 A
3784 Sheridan Ave Single Family 3,065 A
3740 Sheridan Ave Single Family 1,690 A
3600 Pinetree Dr Single Family 4,785 A
3732 Sheridan Ave Single Family 1,815 A
3630 Flamingo Dr Single Family 3,002 A
3616 Flamingo Dr Single Family 3,479 A
3650 Flamingo Dr Single Family 3,665 A
3701 Pinetree Dr Single Family 3,254 A
3485 Sheridan Ave Single Family 2,478 A
3724 Sheridan Ave Single Family 1,815 A
424 W 40 St Single Family 3,249 A
3606 Flamingo Dr Single Family 4,117 A
3644 Flamingo Dr Multi-family - less than 10 units 4,263 A
3718 Sheridan Ave Single Family 2,801 A
3586 Flamingo Dr Single Family 3,711 A
3481 Sheridan Ave Single Family 2,040 A
3795 Pinetree Dr Single Family 6,098 A
3700 Sheridan Ave Single Family 2,576 A
3540 Pinetree Dr Single Family 2,684 A
428 W 40 St Parking lot (commercial or patron) or mobile home park 0 L
3580 Flamingo Dr Single Family 3,519 A
3559 Pinetree Dr Single Family 8,242 A
4035 Sheridan Ave Parking lot (commercial or patron) or mobile home park 0 L

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,115 per year. The top 10% earn more than $176,321 per year. The top 1% earn more than $695,784 per year. Most renters earn between $28,044 (20th percentile) and $55,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 93 of all properties in this area. This suggests it would appeal to someone earning around $221,468 per year who should qualify for a mortgage between $442,936 and $553,670.

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 $1,035. Most renters earn between $2,337 and $4,644 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 93 of all properties in this area. This corresponds to a rent of $2,166 per month and a monthly household income of $6,361 ($76,332 per year)

Nearby Companies

Hager Projects, Lcc
4045 Sheridan Ave #428
1572 Palm Beach, LLC
4045 Sheridan Ave
See You Next Tuesday LLC
4045 Sheridan Ave
A.D.A. Investigations, Inc.
4045 Sheridan Avenue No 333
Carol Durbin Productions, Inc.
4045 Sheridan Avenue No 333
Florida Rental Property Management, Inc.
4045 Sheridan Avenue Suite 211
Sun State Colabrese Holdings Inc.
4045 Sheridan Avenue Suite 211
Miami Tours L.L.C.
4045 Sheridan Ave
Ribkib, LLC
4045 Sheridan Ave
Oakland Residential, LLC
4045 Sheridan Ave
Tight Rope Developments, LLC
4045 Sheridan Ave
Aloa United States LLC
4045 Sheridan Ave
Brick Top Real Estate, LLC
4045 Sheridan Ave
Fcm 6925 Biscayne Inv LLC
4045 Sheridan Ave
Fcm 807 LLC
4045 Sheridan Ave
Fcm 807 Gp LLC
4045 Sheridan Ave
Fcm 17031 Ne 21 LLC
4045 Sheridan Ave
The Credit Repair Kings LLC
4045 Sheridan Ave
Olymar Management LLC
4045 Sheridan Ave
Omark 25 Management LLC
4045 Sheridan Ave
Royal Exotic Experience L.L.C.
4045 Sheridan Ave
Catalina Apostol, M.D., P.A.
4045 Sheridan Ave
Marquis 2502 Corp.
4045 Sheridan Ave
Vanguard Yachting , Inc.
4045 Sheridan Ave
A.R.S. Management, Inc.
4045 Sheridan Ave
Leavell Corporation
4045 Sheridan Ave
South Beach Md Pa
4045 Sheridan Ave
Dorotea Lucio Pa
4045 Sheridan Ave
Postal Place Enterprises, Inc.
4045 Sheridan Ave
West 8th Avenue, LLC
3630 Flamingo Dr
Premier Business Park LLC
3630 Flamingo Dr
1225 Port Houston, LLC
3630 Flamingo Dr
5051 N.W. 37 Avenue Corp
3630 Flamingo Dr
Nw 163rd Dr LLC
3701 Pine Tree Dr
Bogomilsky Holdings LLC
3701 Pine Tree Dr
Arba Four Holdings LLC
3701 Pine Tree Dr
Arba Four Holdings One LLC
3701 Pine Tree Dr
Arba Four Holdings Two LLC
3701 Pine Tree Dr
Arba Four Holdings Three LLC
3701 Pine Tree Dr
Al Prop Ventures LLC
3711 Sheridan Ave
Telledant LLC
345 W 37 Street
Altoball LLC
3700 Pine Tree Dr
Miami Beach Md Pa
3765 Sheridan Ave
Dahlia Doctors Pa
3765 Sheridan Ave
H'Om LLC
3725 Sheridan Ave
Love Over Shabbos Inc.
3739 Sheridan Ave
Datageeks Miami LLC
3757 Sheridan Ave
Disclaimers and Disclosures

Public Records Data

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