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 
669 Sw 37 Ave 101 Condominium 678 B
669 Sw 37 Ave 215 Condominium 788 B
669 Sw 37 Ave 214 Condominium 788 B
669 Sw 37 Ave 212 Condominium 788 B
669 Sw 37 Ave 211 Condominium 788 B
669 Sw 37 Ave 210 Condominium 788 B
669 Sw 37 Ave 209 Condominium 788 B
669 Sw 37 Ave 208 Condominium 810 B
669 Sw 37 Ave 207 Condominium 930 B
669 Sw 37 Ave 206 Condominium 930 B
669 Sw 37 Ave 105 Condominium 687 B
669 Sw 37 Ave 104 Condominium 673 B
669 Sw 37 Ave 103 Condominium 673 B
669 Sw 37 Ave 102 Condominium 687 B
6 Veragua Ave Single Family 2,564 B
3691 Sw 7 St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 8,453 B
5 Oviedo Ave Single Family 2,042 B
669 Sw 37 Ave Vacant Residential 0 L
14 Veragua Ave Single Family 2,004 B
5 Veragua Ave Single Family 1,197 B
11 Oviedo Ave Single Family 1,380 A
11 Veragua Ave Single Family 986 B
601 Sw 37 Ave Multi-family - 10 units or more 33,027 B
15 Oviedo Ave Single Family 1,069 B
701 Sw 37 Ave Financial institution (bank, saving and loan company, mortgage company, credit services) 1,410 B
3661 Sw 7 St Single Family 1,987 C
18 Veragua Ave Single Family 1,066 B
6 Montilla Ave Single Family 1,913 B
19 Oviedo Ave Single Family 1,384 B
630 Sw 36 Ct Single Family 1,258 C
19 Veragua Ave Single Family 2,081 B
553 Sw 37 Ave Multi-family - less than 10 units 3,503 B
620 Sw 36 Ct Multi-family - less than 10 units 2,136 C
610 Sw 36 Ct Multi-family - less than 10 units 1,291 C
640 Sw 36 Ct Single Family 1,181 C
12 Montilla Ave Single Family 1,270 B
561 Sw 37 Ave Vacant Residential 0 L
16 Oviedo Ave Multi-family - less than 10 units 3,016 B
600 Sw 36 Ct Multi-family - less than 10 units 1,291 C
23 Oviedo Ave Single Family 1,057 B
25 Veragua Ave Single Family 1,737 B
26 Veragua Ave Single Family 1,236 B
543 Sw 37 Ave Multi-family - less than 10 units 3,890 B
20 Montilla Ave Single Family 2,057 A
777 Sw 37 Ave Office building, non-professional service building, multi-story 133,844 B
20 Oviedo Ave Single Family 1,265 B
3680 Sw 5 Ter Single Family 1,093 C
3709 Sw 8 St Store, one story 1,151 B
3672 Sw 5 Ter Multi-family - less than 10 units 1,816 C

Local Household Income

The median household income in this part of Florida is $44,926. The bottom 10% of the population earn less than $12,918 per year. The top 10% earn more than $184,479 per year. The top 1% earn more than $594,594 per year. Most renters earn between $25,140 (20th percentile) and $49,848 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $89,852 and $112,315.

The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $12,918 per year who should qualify for a mortgage between $25,836 and $32,295.

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 $994. Most renters earn between $2,095 and $4,154 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $369 per month and a monthly household income of $1,732 ($20,784 per year)

Nearby Companies

Mango Biche Mia LLC
3666 Sw 5th Ter
Global Group Mfr LLC
3666 Sw 5th Ter
Mango Biche Mia Group 2 Co
3666 Sw 5th Ter
Ecuatlantic Corp.
5 Veragua Ave
Red Frame LLC
20 Montilla Ave
Villaguz Ip, LLC
20 Montilla Ave
Sannicolas Enterprises LLC
601 Sw 37th Ave
Havanera Corp
3691 Sw 5 Terrace
Lazaro Auto Service LLC
3697 Sw 7 Street
Rebalance Tech Corp.
777 Sw 37th Ave
Ifb Insurance Services, LLC
777 Sw 37th Ave
B & C Investco, LLC
777 Sw 37th Ave
Blue Sky Angel, LLC
777 Sw 37th Ave
Tg World, LLC
777 Sw 37th Ave
Epgd Attorneys At Law, P.A.
777 Sw 37th Ave
Sundream Miami, Corp.
777 Sw 37th Ave
Sierra Auto Service, Inc.
3695 Sw 7th St
Mandy'S Trucking Corp
603 Sw 36 Ct
Market Guru 360, LLC
3735 Sw 8 St
Eduardo Ganges Inc
3735 Sw 8 St
Newservicol Inc
24 Oviedo Ave
Artmonia, Inc
3715 Sw 8th St
Catarsis Inc.
3715 Sw 8th St
Clean Sailing, Inc.
15 Oviedo Ave
Gringolombia Inc
3711 Sw 8th St
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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