Miami-Dade County Real Estate - Miami Beach

Miami Beach is a resort city located on a series of barrier islands located between Biscayne Bay and the Atlantic Ocean.  The city's main economic driver is tourism and it has a population of approximately 88,000.  The city's origins lie in the 1870 purchase of the land by Henry and Charles Lum.  The land was purchased for 25 cents an acre and its development continued in the following decades with the planting of coconut, avocado, and various other fruit plantations.  Chartered in March 1915, Miami Beach became a city in 1917.

Miami Beach exists in four different zip codes 33139, 33140, and 33141.  The main three neighborhoods in Miami Beach are South Beach, Mid Beach, and North Beach.  South Beach covers most of the 33139 zip code, Mid-Beach exists in both 33140 and parts of 33139, and North beach covers both the 33140 and 33141 zip codes.

South beach is the biggest and most populous neighborhood in Miami beach.  It has a population of approximately 39,000.  South Beach is known for its status as a popular entertainment destination, as it is home to many upmarket restaurants, hotels, and nightclubs.  South Beach's major thoroughfare, Ocean Drive, is the center of the famous Miami Art Deco district.  The road starts at Miami Beach's southernmost point, South Pointe Park, and runs north through the city stopping at 15th street.

Mid-Beach is Miami Beach's smallest and least populous section, home to about 10,000 people.  The area is mostly residential, and its most notable neighborhoods include Oceanfront, Bayshore, and Nautilus.  Mid-Beach is known for being home to a series of high-end houses known as millionaire's row.

The northernmost section of Miami Beach, North Beach, is home to approximately 28,000 residents.  North Beach's most populous neighborhood, Isles of Normandy, is located on the eastern shore of Biscayne Bay.  It has a population of approximately 9,000.  Other neighborhoods located in this section of the city include Biscayne Pointe and La Gorce.

Miami Beach is among the fastest growing cities in the US.  Its location and residents have created a subculture unique to Miami Beach and distinct from that of Miami.  Spanish is a first language for more than half of Miami Beach's citizens, as 53% of the city's population is made up of Latin American immigrants and their descendants.  Non-hispanic caucasians account for about 40% of the population and the remaining 7% of the population is made up of African and Aisian Americans, as well as mixed raced citizens.

Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 87,779.

The median age for residents of Miami Beach is 40.3. Around 14.9% of Miami Beach households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 87.3% of the Miami Beach population are White, 4.3% are Black or African American, .2% American Indian, 1.8% Asian and 2.6% are Two or more Races. Miami Beach has a significant Hispanic population. 53% (46,564) of Miami Beach residents are of Hispanic or Latino origin. Of these 3.32% are of Mexican origin, 6.96% Puerto Rican, 37.79% Cuban and 51.91% are of other Hispanic or Latino origin.

There are 67,499 housing units in Miami Beach. 20,331 (30.1%) of these were reported as vacant in the 2010 Census. Miami Beach is a tourist destination, 58.9% (11,988) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 33,960 residential rental units in Miami Beach. 28,974 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Miami Beach 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 
8080 Tatum Waterway Dr 5 Condominium 465 B
8080 Tatum Waterway Dr 7 Condominium 450 B
8080 Tatum Waterway Dr 3 Condominium 465 B
8080 Tatum Waterway Dr 2 Condominium 465 B
8080 Tatum Waterway Dr 1 Condominium 783 B
8080 Tatum Waterway Dr 25 Condominium 465 B
8080 Tatum Waterway Dr 24 Condominium 465 B
8080 Tatum Waterway Dr 23 Condominium 465 B
8080 Tatum Waterway Dr 22 Condominium 783 B
8080 Tatum Waterway Dr 21 Condominium 450 B
8080 Tatum Waterway Dr 20 Condominium 783 B
8080 Tatum Waterway Dr 19 Condominium 465 B
8080 Tatum Waterway Dr 18 Condominium 465 B
8080 Tatum Waterway Dr 17 Condominium 465 B
8080 Tatum Waterway Dr 16 Condominium 465 B
8080 Tatum Waterway Dr 15 Condominium 783 B
8080 Tatum Waterway Dr 14 Condominium 783 B
8080 Tatum Waterway Dr 12 Condominium 465 B
8080 Tatum Waterway Dr 11 Condominium 465 B
8080 Tatum Waterway Dr 10 Condominium 465 B
8080 Tatum Waterway Dr 9 Condominium 465 B
8080 Tatum Waterway Dr 26 Condominium 465 B
8080 Tatum Waterway Dr 27 Condominium 783 B
8080 Tatum Waterway Dr 4 Condominium 465 B
8080 Tatum Waterway Dr 6 Condominium 783 B
80 Tatum Waterway Dr Municipal Owned 825 B
8101 Byron Ave 210 Condominium 1,128 B
8101 Byron Ave 509 Condominium 1,124 B
8101 Byron Ave 409 Condominium 1,124 B
8101 Byron Ave 309 Condominium 1,124 B
8101 Byron Ave 209 Condominium 1,124 B
8101 Byron Ave 408 Condominium 1,128 B
8101 Byron Ave 308 Condominium 1,128 B
8101 Byron Ave 208 Condominium 1,128 B
8101 Byron Ave 507 Condominium 1,106 B
8101 Byron Ave 407 Condominium 1,106 B
8101 Byron Ave 307 Condominium 1,106 B
8101 Byron Ave 207 Condominium 1,106 B
8101 Byron Ave 502 Condominium 1,244 B
8101 Byron Ave 402 Condominium 1,244 B
8101 Byron Ave 302 Condominium 1,244 B
8101 Byron Ave 202 Condominium 1,244 B
8101 Byron Ave 501 Condominium 1,280 B
8101 Byron Ave 401 Condominium 1,280 B
8101 Byron Ave 301 Condominium 1,280 B
8101 Byron Ave 201 Condominium 1,280 B
8101 Byron Ave 204 Condominium 1,147 B
8101 Byron Ave 403 Condominium 1,172 B
8101 Byron Ave 203 Condominium 1,172 B

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,115 per year. The top 10% earn more than $176,321 per year. The top 1% earn more than $695,784 per year. Most renters earn between $28,044 (20th percentile) and $55,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 18 of all properties in this area. This suggests it would appeal to someone earning around $20,553 per year who should qualify for a mortgage between $41,106 and $51,383.

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 $1,035. Most renters earn between $2,337 and $4,644 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 18 of all properties in this area. This corresponds to a rent of $685 per month and a monthly household income of $2,257 ($27,084 per year)

Nearby Companies

Triumph Solutions LLC
8223 Crespi Blvd
Quad Condominium Corp
8125 Crespi Blvd
Aaa Best Price Company, Inc.
8119 Crespi Blvd
Carlyle Of Miami Beach, Inc.
8119 Crespi Blvd
Laxmi Om Inc
8100 Byron Ave
Jag Investor Group LLC
8100 Byron Ave
Miami Coach & Tours LLC
8101 Byron Ave
Nb 81, LLC
400 81st St
Fort Brickman, Inc.
8101 Abbott Ave
Deaco Investments, LLC
8021 Crespi Blvd
Italora, Corp
8100 Byron Ave Apt 403
Emazyng LLC
8101 Byron Ave
Cliclick LLC
8101 Byron Ave
Luxxon Optical, Corp.
8101 Byron Ave
Sftoa Inc.
8101 Byron Ave
Netly, L.L.C.
8100 Byron Ave
Eitan Gontovnik P.A.
8100 Byron Ave
Dikmen Investment LLC
8101 Byron Ave
The Bhakti Foundation Inc
8100 Byron Ave
Lmv Engineers, Inc.
8100 Byron Ave #310
Gaye Apartments, Inc.
8035 Byron Ave
M & P Building, LLC
8025 Byron Ave
Causeway Vacations LLC
8035-8045 Abbott Ave
8030 Abbott LLC
8030 Abbott Ave
Matear, LLC
8021 Abbott Ave
Alina Tickets & Tours LLC
8011 Abbott Ave
Terry Beach Apartments Inc.
8021 Abbott Ave
International Business Usa LLC
7950 Tatum Waterway Dr
Sandy'S Food & Deliverys Corp
7950 Tatum Waterway Dr
Creek Club No. 1, Inc.
8000 Tatum Waterway Dr
Musion Media, Inc
8024 Tatum Waterway Dr
Creek Club #2, Inc.
8010 Tatum Waterway Dr
3cea Usa Inc.
8024 Tatum Waterway Dr
Creek Club #3, Inc.
8040 Tatum Waterway
Aurora Film Productions, LLC
7925 Carlyle Ave
Magris Group LLC
7925 Carlyle Ave
Safety Zone Protection Corp
7925 Carlyle Ave
Recas LLC
8080 Tatum Waterway Dr
Josse Bay Corp
8080 Tatum Waterway Dr
Disclaimers and Disclosures

Public Records Data

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