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 
1720 Coral Gate Dr Single Family 1,683 B
3370 Sw 17 St Single Family 2,055 B
3400 Sw 17 St Multi-family - less than 10 units 2,631 B
3351 Sw 18 St Single Family 1,690 B
1830 Coral Gate Dr Single Family 1,872 B
1701 Coral Gate Dr Single Family 1,191 B
3416 Sw 17 St Multi-family - less than 10 units 3,571 B
3411 Sw 18 Ter Single Family 1,918 B
3371 Sw 17 St Single Family 1,314 B
1801 Coral Gate Dr Single Family 1,322 B
3421 Sw 18 Ter Single Family 1,796 B
1840 Coral Gate Dr Single Family 1,841 B
3340 Sw 17 St Single Family 1,589 B
3501 Sw 18 Ter Single Family 1,836 B
1671 Coral Gate Dr Single Family 1,924 B
1670 Coral Gate Dr Single Family 2,075 B
3360 Sw 18 St Single Family 1,173 B
3401 Sw 17 St Single Family 2,691 B
1811 Coral Gate Dr Single Family 1,504 B
3331 Sw 18 St Single Family 2,299 B
3524 Sw 17 St Church 6,023 B
3330 Sw 17 St Single Family 1,345 B
3511 Sw 18 Ter Single Family 2,790 B
3341 Sw 17 St Single Family 1,667 B
1821 Coral Gate Dr Single Family 2,459 B
1660 Coral Gate Dr Single Family 2,317 B
3415 Sw 17 St Church 2,627 B
1800 Sw 33 Ct Single Family 1,407 B
1661 Coral Gate Dr Single Family 1,625 B
1831 Coral Gate Dr Single Family 1,844 B
3521 Sw 18 Ter Single Family 1,894 B
3321 Sw 18 St Single Family 1,461 B
1850 Coral Gate Dr Single Family 1,202 B
3410 Sw 18 Ter Single Family 1,121 B
3331 Sw 17 St Single Family 1,107 B
1810 Sw 33 Ct Single Family 1,509 B
3320 Sw 17 St Single Family 1,842 B
3340 Sw 16 Ln Single Family 1,819 B
3500 Sw 18 Ter Single Family 1,121 B
1820 Sw 33 Ct Single Family 1,250 B
1901 Coral Gate Dr Single Family 1,224 B
1830 Sw 33 Ct Single Family 1,885 B
1650 Coral Gate Dr Single Family 1,401 B
3531 Sw 18 Ter Single Family 1,239 B
1900 Sw 33 Ct Single Family 1,437 B
3534 Sw 17 St Vacant Residential 0 L
3330 Sw 16 Ln Single Family 1,749 B
3311 Sw 18 St Single Family 1,925 B
1911 Coral Gate Dr Single Family 2,687 B

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 76 of all properties in this area. This suggests it would appeal to someone earning around $94,713 per year who should qualify for a mortgage between $189,426 and $236,783.

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 76 of all properties in this area. This corresponds to a rent of $1,471 per month and a monthly household income of $3,885 ($46,620 per year)

Nearby Companies

Cachucha Holdings, LLC
1821 Sw 33 Ct
1k Running Store, LLC
1830 Coral Gate Dr
Pacheco Ventures, LLC
1830 Coral Gate Dr
Artelier, Corp.
1701 Coral Gate Dr
Horizon Rental Group 1, LLC
3370 Sw 17th St
Rey Group Holdings, Inc.
3370 Sw 17 Street
Hun66,LLC.
1671 Coral Gate Dr
Lmp Investment Holdings LLC
1660 Coral Gate Dr
Maranatha, P.A.
3310 Sw 17 St
East 48 Street Media, Inc.
3301 Sw 17th St
Bicacu 71, LLC
1661 Coral Gate Dr
Green Clean And Restoration LLC
3421 Sw 18 Terrace
July Tours, LLC
3411 Sw 18 Terrace
Em Investment Properties LLC
3270 Sw 18 Terrace
Disclaimers and Disclosures

Public Records Data

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