1845 Bay Rd, Miami Beach
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:
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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 | |
|---|---|---|---|---|
| 1833 Bay Rd | Government Undefined | 6,468 | L |
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| 1861 Bay Rd | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 8,436 | B |
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| 1817 Bay Rd | Government Undefined | 0 | L | |
| 1817 Bay Dr | Government Undefined | 0 | L | |
| 1874 West Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 36,576 | B |
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| 1856 West Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 11,800 | B |
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| 1828 Bay Rd | Vacant Commercial | 3,762 | L |
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| 1801 Bay Rd | Professional service building | 6,859 | B |
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| 1800 West Ave | Supermarket | 84,231 | B |
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| 1700 Convention Center Dr | Vacant Residential | 0 | L | |
| 1820 Bay Rd | Office building, non-professional service building, one story | 2,204 | B |
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| 1920 West Ave | Supermarket | 104,023 | B |
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| 1827 Purdy Ave | Office building, non-professional service building, one story | 3,232 | B |
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| 1800 Bay Rd | Vacant Commercial | 7,307 | L |
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| 1916 Bay Rd | Utility | 5,489 | B |
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| 1801 Purdy Ave | Mixed use - store and office or store and residential or residential combination | 16,400 | B |
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| 1333 18 St | Parking lot (commercial or patron) or mobile home park | 0 | B | |
| 1930 Bay Rd | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 4,952 | B |
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| 1919 Purdy Ave | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 4,200 | B |
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| 1843 West Ave | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 1929 Purdy Ave | Restaurant, cafeteria | 2,030 | B |
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| 1330 18 St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 9,425 | B |
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| 1784 West Ave | Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 7,895 | B |
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| 1825 West Ave | Light manufacturing | 13,998 | B |
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| 1400 20 St 1416 | Store, one story | 618 | B |
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| 1400 20 St 1414 | Store, one story | 618 | B |
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| 1400 20 St 1422 | Store, one story | 738 | B |
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| 1400 20 St 1424 | Store, one story | 697 | B |
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| 1400 20 St 201 | Office building, non-professional service building, multi-story | 277 | B |
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| 1400 20 St 202 | Office building, non-professional service building, multi-story | 343 | B |
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| 1400 20 St 203 | Office building, non-professional service building, multi-story | 269 | B |
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| 1400 20 St 204 | Office building, non-professional service building, multi-story | 269 | B |
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| 1400 20 St 205 | Office building, non-professional service building, multi-story | 267 | B |
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| 1400 20 St 206 | Office building, non-professional service building, multi-story | 222 | B |
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| 1400 20 St 207 | Office building, non-professional service building, multi-story | 306 | B |
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| 1400 20 St 208 | Office building, non-professional service building, multi-story | 242 | B |
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| 1400 20 St 209 | Office building, non-professional service building, multi-story | 324 | B |
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| 1400 20 St 210 | Office building, non-professional service building, multi-story | 511 | B |
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| 1400 20 St 211 | Office building, non-professional service building, multi-story | 298 | B |
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| 1400 20 St 212 | Office building, non-professional service building, multi-story | 293 | B |
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| 1400 20 St 214 | Office building, non-professional service building, multi-story | 298 | B |
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| 1400 20 St 215 | Office building, non-professional service building, multi-story | 298 | B |
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| 1400 20 St 216 | Office building, non-professional service building, multi-story | 526 | B |
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| 1400 20 St 217 | Office building, non-professional service building, multi-story | 298 | B |
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| 1400 20 St 218 | Office building, non-professional service building, multi-story | 682 | B |
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| 1400 20 St 1418 | Store, one story | 618 | B |
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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.
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%.
Nearby Companies
1855 West 56 Street
1915 West 8th Ave
1825 West Ave
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1874 West Ave
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1825 West Avenue Unit 12
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1860 West Flagler St
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1800 West 68 St
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1784 West Ave
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1845 Bay Rd
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1894 Bay Rd
1935 West Avenue Suite #104
1935 West Avenue Ste 200-202
1935 West Ave #103
1935 West Ave
1410 - 20th St
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1410 20th Street Suite 214
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1415 20th St #601
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1415 20th Street Apt 401
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1413 20th St #118
1800 Purdy Ave
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2607 Nw 6th Ct
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1800 Purdy Ave Apt Ph-6
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1800 Sunset Harbor Dr #1406
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1800 Purdy Ave Suite 1401
1800 Sunset Harbor Dr
1800 Purdy Ave #1401
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1845 Purdy Ave
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501 Dew Drop Cv
1835 Purdy Ave
1815 Purdy Ave
4944 Perrine Dr
4944 Perrine Dr
1815 Purdy Ave
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1800 Sunset Harbor Dr
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1860 West Ave
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1900 Purdy Ave
1900 Purdy Av 1401
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1905 Purdy Ave
1700 Convention Center Dr
1930 Bay Rd
1916 Bay Rd
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1418 20th St
1410 20th Street Suite 218
1410 -20th St
1410 20th Street Suite 217
1415 20th Street #103
1415 20th Street Suite 601
1415 20th St
1900 Purdy Ave
1900 Sunset Harbor Dr
1900 Purdy Avenue Suite 109-F
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1900 Sunset Harbor Dr Annex 2nd Floor
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1900 Purdy Ave # 1411
516 S Dixie Hwy
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1900 Sunset Harbor Drive 2nd Floor
1766 Bay Rd
1416 18 St
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1784 West Ave
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1800 Sunset Harbour Dr
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1900 Purdy Ave Ste1
516 La Costa Ct
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1915 Purdy Ave