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 
449 Sw 26 Rd Single Family 2,438 B
469 Sw 26 Rd Single Family 2,423 B
439 Sw 26 Rd Single Family 1,930 B
462 Sw 25 Rd Single Family 1,836 B
454 Sw 25 Rd Single Family 1,761 B
470 Sw 25 Rd Single Family 1,575 B
444 Sw 25 Rd Single Family 1,144 B
431 Sw 26 Rd Single Family 2,433 B
460 Sw 26 Rd Multi-family - less than 10 units 1,962 B
452 Sw 26 Rd Multi-family - less than 10 units 1,825 B
2530 Sw 5 Ave Single Family 2,397 B
468 Sw 26 Rd Multi-family - less than 10 units 2,989 B
444 Sw 26 Rd Multi-family - less than 10 units 2,028 B
434 Sw 25 Rd Single Family 1,611 B
2510 Sw 5 Ave Single Family 2,684 B
436 Sw 26 Rd Single Family 1,404 B
415 Sw 26 Rd Single Family 2,274 B
426 Sw 26 Rd Single Family 2,491 B
422 Sw 25 Rd Single Family 1,780 B
509 Sw 26 Rd Single Family 2,955 B
500 Sw 25 Rd Single Family 2,092 B
500 Sw 26 Rd Single Family 1,868 B
418 Sw 26 Rd Multi-family - less than 10 units 1,857 B
405 Sw 26 Rd Single Family 2,186 B
520 Sw 25 Rd Single Family 2,208 B
515 Sw 26 Rd Single Family 1,381 B
400 Sw 25 Rd Single Family 2,431 C
410 Sw 26 Rd Multi-family - less than 10 units 1,838 B
457 Sw 27 Rd Single Family 1,834 B
2610 Sw 5 Ave Single Family 3,054 A
445 Sw 27 Rd Single Family 2,098 B
2611 Sw 5 Ave Single Family 2,209 B
514 Sw 26 Rd Single Family 1,946 B
441 Sw 27 Rd Single Family 2,303 B
530 Sw 25 Rd Single Family 1,445 B
461 Sw 25 Rd Single Family 2,083 B
2600 Sw 4 Ave Single Family 2,074 A
471 Sw 25 Rd Vacant Residential 0 L
525 Sw 26 Rd Multi-family - less than 10 units 2,291 B
2445 Sw 5 Ave Vacant Residential 0 L
451 Sw 25 Rd Single Family 1,894 B
445 Sw 25 Rd Single Family 1,468 B
520 Sw 26 Rd Single Family 2,052 B
419 Sw 27 Rd Single Family 2,107 B
431 Sw 25 Rd Single Family 2,155 B
540 Sw 25 Rd Single Family 2,856 B
501 Sw 27 Rd Single Family 1,780 B
411 Sw 27 Rd Single Family 1,172 B

Local Household Income

The median household income in this part of Florida is $34,743. The bottom 10% of the population earn less than $8,542 per year. The top 10% earn more than $166,245 per year. The top 1% earn more than $584,884 per year. Most renters earn between $20,148 (20th percentile) and $44,172 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $69,486 and $86,858.

The tax assessed value of this property places it in percentile 58 of all properties in this area. This suggests it would appeal to someone earning around $41,985 per year who should qualify for a mortgage between $83,970 and $104,963.

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 $872. Most renters earn between $1,679 and $3,681 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $544 (20th percentile) to $1,424 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 58 of all properties in this area. This corresponds to a rent of $974 per month and a monthly household income of $2,703 ($32,436 per year)

Nearby Companies

Attitude Investment, LLC
415 Sw 26th Rd
Ecstasy Salon, Inc.
415 Sw 26th Rd
Crowd Ventures Inc.
445 Sw 25th Rd
Sinia LLC
500 Sw 25 Rd
A.M.O. Investments, LLC
501 Sw 27 Road
A&O Gonzalez Group, LLC
501 Sw 27th Rd
A & O Investment, LLC
501 Sw 27th Rd
Junction Properties LLC
509 Sw 26 Road
312 Platinum, Inc.
509 Sw 26 Road
1839 Gold Plated, Inc.
509 Sw 26 Road
13512, LLC
509 Sw 26th Rd
Avemi Properties LLC
509 Sw 26th Rd
20100 Cutler Bay LLC
509 Sw 26th Rd
1460 And 1462, Inc.
509 Sw 26th Rd
1235 Jade, Inc.
509 Sw 26th Rd
1300 Topaz, Inc.
509 Sw 26th Rd
1118 And 1116, Inc.
509 Sw 26th Rd
1443 Gold, Inc.
509 Sw 26th Rd
852 London, Inc.
509 Sw 26th Rd
331 Ruby, Inc.
509 Sw 26th Rd
1150 Diamond, Inc.
509 Sw 26th Rd
1176 Marseille, Inc.
509 Sw 26th Rd
1201 And 1203, Inc.
509 Sw 26th Rd
1620 Pearl, Inc.
509 Sw 26th Rd
1529 Onyx, Inc.
509 Sw 26th Rd
1337 Sapphire, Inc.
509 Sw 26th Rd
The Menocal Collection, Inc.
468 Southwest 26th Rd
Viviana Arana Pa
449 Sw 26 Rd
R&B Landscaping LLC
5575 Long Lake Dr
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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