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 
2160 Sw 16 Ave 311 Condominium 831 B
2160 Sw 16 Ave 318 Condominium 919 B
2160 Sw 16 Ave 218 Condominium 919 B
2160 Sw 16 Ave 118 Condominium 919 B
2160 Sw 16 Ave 417 Condominium 694 B
2160 Sw 16 Ave 317 Condominium 694 B
2160 Sw 16 Ave 217 Condominium 694 B
2160 Sw 16 Ave 117 Condominium 694 B
2160 Sw 16 Ave 416 Condominium 694 B
2160 Sw 16 Ave 316 Condominium 694 B
2160 Sw 16 Ave 119 Condominium 694 B
2160 Sw 16 Ave 219 Condominium 694 B
2160 Sw 16 Ave 319 Condominium 694 B
2160 Sw 16 Ave 419 Condominium 694 B
2160 Sw 16 Ave 120 Condominium 919 B
2160 Sw 16 Ave 220 Condominium 919 B
2160 Sw 16 Ave 320 Condominium 919 B
2160 Sw 16 Ave 420 Condominium 919 B
2160 Sw 16 Ave 121 Condominium 654 B
2160 Sw 16 Ave 221 Condominium 831 B
2160 Sw 16 Ave 321 Condominium 831 B
2160 Sw 16 Ave 421 Condominium 831 B
2160 Sw 16 Ave 111 Condominium 831 B
2160 Sw 16 Ave 211 Condominium 831 B
2160 Sw 16 Ave 418 Condominium 919 B
2160 Sw 16 Ave 411 Condominium 831 B
2160 Sw 16 Ave 112 Condominium 919 B
2160 Sw 16 Ave 212 Condominium 919 B
2160 Sw 16 Ave 312 Condominium 919 B
2160 Sw 16 Ave 412 Condominium 919 B
2160 Sw 16 Ave 114 Condominium 694 B
2160 Sw 16 Ave 214 Condominium 694 B
2160 Sw 16 Ave 314 Condominium 694 B
2160 Sw 16 Ave 414 Condominium 694 B
2160 Sw 16 Ave 115 Condominium 694 B
2160 Sw 16 Ave 215 Condominium 694 B
2160 Sw 16 Ave 415 Condominium 694 B
2160 Sw 16 Ave 116 Condominium 694 B
2160 Sw 16 Ave 216 Condominium 694 B
2150 Sw 16 Ave 304 Condominium 831 B
2150 Sw 16 Ave 204 Condominium 831 B
2150 Sw 16 Ave 104 Condominium 831 B
2150 Sw 16 Ave 402 Condominium 831 B
2150 Sw 16 Ave 101 Condominium 831 B
2150 Sw 16 Ave 202 Condominium 831 B
2150 Sw 16 Ave 401 Condominium 831 B
2150 Sw 16 Ave 301 Condominium 831 B
2150 Sw 16 Ave 201 Condominium 831 B
2150 Sw 16 Ave 302 Condominium 831 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 13 of all properties in this area. This suggests it would appeal to someone earning around $15,071 per year who should qualify for a mortgage between $30,142 and $37,678.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$26,952
$53,904
$80,855
$107,807
$15,071

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 13 of all properties in this area. This corresponds to a rent of $514 per month and a monthly household income of $1,854 ($22,248 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$129
$2,426
$4,722
$7,019
$9,315
$1,854
$514

Nearby Companies

Miracle Estates, LLC
3652-54 Sw 22 Terrace
Mcqueen'S Of Scotland Inc
2226 Sw 16th Ave
Vande Corp
1590 Sw 22 Street
Cls & Monet LLC
1566 Coral Way
Vortex Funding LLC
1566 Coral Way
M&L Realty Ventures LLC
1566 Coral Way
Amal Miami LLC
1450 Sw 22nd St
G-Creations Inc.
1450 Sw 22nd St
Geli De Mora LLC
1500 Coral Way
Cornerstone Review, LLC
1401 Sw 22nd Street #1003
Visor LLC
1401 Sw 22nd St
Workouts By K LLC
1401 Sw 22nd St
Nerd Nite Miami, LLC
1401 Sw 22 St
Editorial Arcos, Inc.
1401 Sw Coral Way
Reinel Marketing Inc
1401 Sw 22 St
Sunshine For All, Inc.
1407 Sw 22 Street
Cobalt42 Ventures LLC
1401 Sw 22nd St
Citrica Studio, Inc
1401 Sw 22 St
Start From Scratchy, LLC
1401 Sw 22nd St
Coral Sea View 903, LLC
1401 Sw 22 Street
Lipican Mmxxi LLC
1401 Sw 22 Street
Tintamar, LLC
1601 Coral Way
Roads Chevron Inc.
1601 Coral Way
Rutas Altair, LLC
2160 Sw 16th Ave
Primeways Inc
2150 Sw 16th Ave
Necoquen Inc
2160 Sw 16 Th Ave
Master Concept, L.L.C.
2150 Sw 16th Ave
Alejandro Selasco, P.A.
2150 Sw 16th Ave
Thermo Freeze Ac, Inc
1605 Sw 21st St
Cabema Properties, LLC
1650 Coral Way
Mabeca Properties LLC
1650 Coral Way
Tepuy Properties, LLC.
1650 Coral Way
Cadaques Properties, LLC.
1650 Coral Way
U.I.N.A. Properties LLC
1650 Coral Way
Estjo Properties, LLC
1650 Coral Way
Epico Services L.L.C
1650 Coral Way
Usa Concrete Mix Inc.
1650 Coral Way
Flopa Inc.
1650 Coral Way
Academia Couture, Inc
1650 Coral Way
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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