1500 Sw 25 Ave, 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%.

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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

AddressTypeSq FtClass 
1510 Sw 25 Ave Single Family 1,201 C
2526 Sw 15 St Single Family 1,024 C
2498 Sw 15 St Single Family 1,021 C
2530 Sw 15 St Single Family 1,349 C
1598 Sw 25 Ave Single Family 886 C
2513 Sw 16 St Multi-family - less than 10 units 1,918 C
2490 Sw 15 St Single Family 1,913 C
2519 Sw 16 St Multi-family - less than 10 units 1,989 C
2511 Sw 15 St Single Family 1,870 C
1450 Sw 25 Ave Single Family 1,765 C
2536 Sw 15 St Multi-family - less than 10 units 2,301 C
2525 Sw 15 St Single Family 1,476 C
2499 Sw 15 St Single Family 1,309 C
1593 Sw 25 Ave Multi-family - less than 10 units 1,969 C
2527 Sw 16 St Multi-family - less than 10 units 2,883 C
2531 Sw 15 St Single Family 2,643 C
2480 Sw 15 St Single Family 1,506 C
2540 Sw 15 St Single Family 2,427 C
2493 Sw 16 St Multi-family - less than 10 units 2,444 C
2535 Sw 16 St Multi-family - less than 10 units 1,824 C
2537 Sw 15 St Single Family 1,165 C
1435 Sw 25 Ave Single Family 1,754 C
2472 Sw 15 St Single Family 1,804 C
2483 Sw 16 St Single Family 1,733 C
2485 Sw 15 St Single Family 1,747 C
2541 Sw 16 St Multi-family - less than 10 units 2,283 C
2550 Sw 15 St Single Family 1,441 C
2543 Sw 15 St Single Family 2,179 C
2500 Sw 14 St Single Family 1,740 C
2512 Sw 14 St Multi-family - less than 10 units 1,933 C
1425 Sw 25 Ave Single Family 1,782 C
2477 Sw 16 St Multi-family - less than 10 units 2,296 C
2475 Sw 15 St Single Family 1,732 C
2520 Sw 14 St Single Family 2,037 C
2551 Sw 16 St Multi-family - less than 10 units 1,865 C
2468 Sw 15 St Single Family 1,510 C
2551 Sw 15 St Single Family 1,771 C
2600 Sw 15 St Single Family 1,272 C
2530 Sw 14 St Single Family 1,514 C
2536 Sw 14 St Single Family 1,790 C
2469 Sw 16 St Single Family 1,663 C
2469 Sw 15 St Multi-family - less than 10 units 1,802 C
2601 Sw 16 St Multi-family - less than 10 units 2,425 B
2510 Sw 16 St Single Family 1,338 C
1602 Sw 25 Ave Multi-family - less than 10 units 1,692 C
2601 Sw 15 St Single Family 1,533 C
2460 Sw 15 St Single Family 2,108 C
2520 Sw 16 St Multi-family - less than 10 units 3,038 B
2608 Sw 15 St Single Family 2,221 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 41 of all properties in this area. This suggests it would appeal to someone earning around $35,169 per year who should qualify for a mortgage between $70,338 and $87,923.

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 41 of all properties in this area. This corresponds to a rent of $909 per month and a monthly household income of $2,590 ($31,080 per year)

Nearby Companies

Abel Gomez Inc
2620 Sw 16 Street
4 Star J Delivery LLC
2483 Sw 16 St
K & Y Sisters Corporation
2469 Sw 16 St
R And Y Spray Foam Insulation, Inc.
2531 Sw 14 St
Enrique Ramentol, P.A.
2468 Sw 14th St
Ramirez Concrete Solutions Corp
2454 Sw 16th St
Morales Quality Work, Corp.
2551 Sw 16 St
El Rey De Las Fritas Franchise LLC
2450 Sw 15 St
Ardines Locksmith LLC
2600 Sw 15th St
Mirasape, Inc.
2460 Sw 14 St
Disclaimers and Disclosures

Public Records Data

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