1632 Sw 12 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%.

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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 
1642 Sw 12 St Multi-family - less than 10 units 2,191 C
1630 Sw 12 St Multi-family - less than 10 units 2,626 C
1652 Sw 12 St Multi-family - less than 10 units 1,791 C
1620 Sw 12 St Single Family 1,913 C
1631 Sw 13 St Multi-family - less than 10 units 1,663 C
1635 Sw 13 St Single Family 1,427 C
1629 Sw 13 St Multi-family - 10 units or more 10,413 B
1660 Sw 12 St Single Family 1,748 C
1653 Sw 13 St Single Family 2,085 C
1612 Sw 12 St Single Family 1,624 C
1627 Sw 13 St Single Family 1,754 C
1637 Sw 12 St Multi-family - less than 10 units 4,460 B
1645 Sw 12 St Single Family 768 C
1629 Sw 12 St Single Family 2,025 C
1661 Sw 13 St Multi-family - less than 10 units 3,022 B
1662 Sw 12 St Multi-family - less than 10 units 2,592 C
1653 Sw 12 St Single Family 1,785 C
1619 Sw 13 St Single Family 1,785 C
1625 Sw 12 St Single Family 2,131 B
1600 Sw 12 St Single Family 2,232 C
1661 Sw 12 St Multi-family - less than 10 units 2,519 C
1663 Sw 13 St Multi-family - less than 10 units 1,605 C
1621 Sw 12 St Single Family 2,144 C
1220 Sw 16 Ave Single Family 2,073 C
1666 Sw 12 St Single Family 1,589 C
1669 Sw 12 St Multi-family - less than 10 units 2,773 C
1190 Sw 16 Ave Single Family 1,784 C
1665 Sw 13 St Single Family 1,508 C
1638 Sw 11 Ter Single Family 2,435 C
1632 Sw 13 St Single Family 1,388 C
1634 Sw 11 Ter Single Family 2,529 C
1630 Sw 13 St Single Family 1,565 C
1686 Sw 12 St Single Family 1,745 C
1636 Sw 13 St Single Family 1,766 C
1671 Sw 12 St Single Family 1,551 C
1652 Sw 11 Ter Multi-family - less than 10 units 2,634 C
1624 Sw 11 Ter Single Family 1,215 C
1620 Sw 13 St Multi-family - less than 10 units 2,121 C
1640 Sw 13 St Single Family 2,064 C
1120 Sw 16 Ave Multi-family - less than 10 units 2,871 B
1667 Sw 13 St Single Family 2,210 C
1654 Sw 11 Ter Multi-family - less than 10 units 1,647 C
1612 Sw 13 St Single Family 1,575 C
1648 Sw 13 St Single Family 1,268 C
1689 Sw 12 St Single Family 1,761 C
1698 Sw 12 St Single Family 2,154 C
1670 Sw 11 Ter Multi-family - less than 10 units 2,234 C
1545 Sw 13 St Single Family 1,994 B
1300 Sw 16 Ave Single Family 1,920 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

Marymar Of Florida LLC
1660 Sw 12th St
Green Miami Project Corp
1654 Sw 11th Ter
Battery Services International LLC
1642 Sw 12th St
Brickell Moving And Packing Inc.
1640 Sw 13th St
Reinaldo Horday A/C Inc.
1632 Sw 13th St
Spray Masters And Wallcovering Inc.
1621 Sw 12 Street
Arch Gallery, Inc.
1619 Sw 13 St
The Gourmet Kitchen LLC
1601 Sw 11 Terrace
Corrieri Outboard Repair, Corp.
1600 Sw 11th Ter
Neal Rich Lawn & Tree Service, LLC
1518 James Ave
Full Forward LLC
1664 Sw 12 Street
Jenny'S Bakery, Inc.
1198 Southwest 17th Ave
Iliana'S Beauty Salon, Inc
1170 Sw 17th Ave
Latin Cafe & Mini Market Inc.
1164 Sw 17th Ave
Sagua Supermarket Corp
1164 Sw 17 Ave
Gabriel Carrera P.A.
1661 Sw 11th Ter
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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