1835 Sw 16 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%.

Miami links:

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 
1855 Sw 16 St Single Family 1,434 C
1823 Sw 16 St Single Family 2,227 C
1842 Sw 15 St Single Family 2,067 C
1836 Sw 15 St Single Family 1,730 C
1859 Sw 16 St Single Family 1,258 C
1852 Sw 15 St Single Family 1,568 C
1828 Sw 15 St Single Family 1,443 C
1856 Sw 16 St Single Family 1,537 C
1852 Sw 16 St Single Family 1,614 C
1870 Sw 15 St Single Family 1,971 C
1869 Sw 16 St Single Family 2,113 C
1860 Sw 16 St Single Family 1,752 C
1830 Sw 16 St Single Family 1,793 C
1818 Sw 15 St Single Family 2,492 C
1864 Sw 16 St Single Family 1,338 C
1820 Sw 16 St Single Family 1,236 C
1815 Sw 16 St Single Family 2,216 C
1868 Sw 16 St Single Family 1,568 C
1879 Sw 16 St Single Family 1,462 C
1880 Sw 15 St Single Family 1,867 C
1800 Sw 15 St Single Family 2,284 C
1800 Sw 16 St Single Family 1,487 C
1845 Sw 16 Ter Multi-family - less than 10 units 1,906 C
1833 Sw 16 Ter Single Family 1,322 C
1847 Sw 15 St Single Family 2,143 C
1841 Sw 15 St Single Family 1,535 C
1880 Sw 16 St Single Family 1,392 C
1855 Sw 16 Ter Multi-family - less than 10 units 2,199 C
1851 Sw 15 St Single Family 1,306 C
1827 Sw 16 Ter Multi-family - less than 10 units 1,976 C
1831 Sw 15 St Single Family 1,921 C
1612 Sw 18 Ave Single Family 2,071 C
1865 Sw 16 Ter Single Family 1,423 C
1884 Sw 15 St Single Family 1,346 C
1821 Sw 16 Ter Single Family 1,534 C
1869 Sw 15 St Single Family 2,001 C
1884 Sw 16 St Single Family 1,697 C
1871 Sw 16 Ter Single Family 1,627 C
1891 Sw 16 St Single Family 1,616 C
1620 Sw 18 Ave Single Family 1,522 C
1488 Sw 18 Ave Single Family 3,751 C
1875 Sw 16 Ter Single Family 1,622 C
1501 Sw 19 Ave Single Family 1,356 B
1875 Sw 15 St Single Family 1,522 C
1630 Sw 18 Ave Single Family 1,530 C
1892 Sw 16 St Multi-family - less than 10 units 1,727 C
1795 Sw 16 St Multi-family - less than 10 units 3,373 B
1852 Sw 14 Ter Single Family 1,507 C
1828 Sw 14 Ter Single Family 2,741 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 59 of all properties in this area. This suggests it would appeal to someone earning around $56,368 per year who should qualify for a mortgage between $112,736 and $140,920.

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 59 of all properties in this area. This corresponds to a rent of $1,098 per month and a monthly household income of $3,016 ($36,192 per year)

Nearby Companies

Manuel D Gonzalez Investments LLC
1795 Sw 16 St
Verve Transportation Corp
1795 Sw 16 St
Flourition LLC
1636 Sw 18th Ave
Tom Scicluna LLC
1635 Sw 18th Ave
Tsunami Sounds Inc.
1642 Sw 18th Ave
Mia Fence, LLC
1890 Sw 16 Terrace
Early Steps Therapy Inc.
1890 Sw 16 Terrace
Chat Chow Tv, Inc.
1865 Sw 16 Ter
Acumen Technical Solutions Inc.
1855 Sw 16 Terr
Instyle Unlimited, Inc.
1850 Sw 16th Ter
Nixon Cleaning Services LLC
1860 Sw 14th Ter
Deal Rent-A-Car, LLC
1855 Sw 16 St
Ibone 17 LLC
1847 Sw 15th St
Ibone 10 LLC
1847 Sw 15th St
Kontus 10 LLC
1847 Sw 15th St
Kayue 10 LLC
1847 Sw 15th St
Zen Floral Design Inc
1823 Sw 16 St
Jorge A. Sibila, Esq. P.A.
1823 Sw 16 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.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.