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 
1125 Sw 12 Ct Multi-family - less than 10 units 2,765 C
1143 Sw 12 Ct Multi-family - less than 10 units 2,585 C
1119 Sw 12 Ct Multi-family - less than 10 units 1,993 C
1153 Sw 12 Ct Multi-family - less than 10 units 1,993 C
1134 Sw 12 Ave Vacant Residential 0 L
1126 Sw 12 Ave Multi-family - less than 10 units 1,661 C
1111 Sw 12 Ct Multi-family - less than 10 units 1,935 C
1140 Sw 12 Ave Multi-family - less than 10 units 2,028 C
1114 Sw 12 Ave Multi-family - less than 10 units 2,854 C
1134 Sw 12 Ct Multi-family - less than 10 units 1,598 C
1201 Sw 12 St Multi-family - less than 10 units 1,815 C
1130 Sw 12 Ct Single Family 1,069 C
1101 Sw 12 Ct Multi-family - less than 10 units 5,196 B
1146 Sw 12 Ct Multi-family - less than 10 units 4,088 C
1118 Sw 12 Ct Multi-family - less than 10 units 4,640 B
1245 Sw 12 St Multi-family - less than 10 units 1,954 C
1104 Sw 12 Ave Multi-family - less than 10 units 3,154 C
1201 Sw 12 Ct Single Family 2,943 C
1224 Sw 12 St Multi-family - less than 10 units 1,796 C
1104 Sw 12 Ct Multi-family - less than 10 units 2,321 C
1206 Sw 12 St Multi-family - less than 10 units 2,292 C
1240 Sw 12 St Single Family 1,245 C
1141 Sw 13 Ave Single Family 1,194 C
1211 Sw 12 Ct Single Family 1,167 C
1055 Sw 12 Ct Single Family 1,512 C
1250 Sw 12 St Single Family 961 C
1131 Sw 13 Ave Multi-family - less than 10 units 2,304 C
1212 Sw 12 Ave Single Family 1,165 C
1201 Sw 11 St Multi-family - less than 10 units 2,297 C
1147 Sw 13 Ave Home for the aged 4,237 B
1151 Sw 12 Ave Single Family 2,173 B
1143 Sw 13 Ave Single Family 1,194 C
1121 Sw 13 Ave Multi-family - less than 10 units 2,351 C
1214 Sw 12 Ct Multi-family - less than 10 units 2,289 C
1101 Sw 12 Ave Church 13,664 B
1141 Sw 12 Ave Multi-family - less than 10 units 1,644 C
1221 Sw 12 Ct Multi-family - less than 10 units 2,140 C
1045 Sw 12 Ct Multi-family - less than 10 units 2,201 C
1290 Sw 11 St Multi-family - less than 10 units 2,624 C
1045 Sw 12 Ave Multi-family - less than 10 units 1,882 C
1226 Sw 12 Ave Multi-family - less than 10 units 2,401 B
1044 Sw 12 Ave Multi-family - less than 10 units 2,751 C
1226 Sw 12 Ct Single Family 898 C
1290 Sw 12 St Multi-family - less than 10 units 2,295 C
1165 Sw 12 St Multi-family - less than 10 units 1,558 C
1040 Sw 12 Ct Multi-family - less than 10 units 2,250 C
1201 Sw 12 Ave Single Family 1,137 C
1265 Sw 11 St Multi-family - less than 10 units 1,440 C
1035 Sw 12 Ave Multi-family - less than 10 units 2,184 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 32 of all properties in this area. This suggests it would appeal to someone earning around $28,211 per year who should qualify for a mortgage between $56,422 and $70,528.

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 32 of all properties in this area. This corresponds to a rent of $810 per month and a monthly household income of $2,394 ($28,728 per year)

Nearby Companies

Eden Ome, LLC
1212 Sw 12 Ave
Godoy'S Landscaping LLC
1126 Sw 12 Ave
1226 Sw LLC
1226 Sw 12 Ave
Starlight Academy LLC
1101 Sw 12 Ave
Homekrete LLC
1120 Sw 13 Ave
Memorial 1120 Inc
1120 Sw 13 Ave
L R Plus Investment Inc
1120 Sw 13 Ave
Miami/Grove Services, Inc.
1150 Sw 13 Avenue
Bully Lab Kennel, Inc.
1150 Sw 13 Avenue
Angel & Jess, Corp.
1141 Sw 13th Ave
323 LLC
1245 Sw 12th St
Ocg Investments, LLC
1135 Sw 12 Ct
Casmal Investments LLC
1135 Sw 12 Ct
La Isla LLC
1023 Sw 12 Ct
Osp Concrete LLC
1125 Sw 12th Ct
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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