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 
4905 Midtown Ln Condominium 1,279 B
4907 Midtown Ln Condominium 1,279 B
3449 Ne 1 Ave 108 Condominium 2,048 B
3449 Ne 1 Ave 107 Condominium 2,048 B
3449 Ne 1 Ave L-41 Condominium 1,411 B
3449 Ne 1 Ave L-42 Condominium 1,411 B
3449 Ne 1 Ave L-43 Condominium 1,411 B
3449 Ne 1 Ave L-44 Condominium 1,411 B
3449 Ne 1 Ave L-61 Condominium 1,411 B
3449 Ne 1 Ave L-62 Condominium 1,411 B
3449 Ne 1 Ave L-63 Condominium 1,411 B
3449 Ne 1 Ave L-64 Condominium 1,411 B
3451 Ne 1 Ave M0201 Condominium 906 B
3451 Ne 1 Ave M0301 Condominium 906 B
3451 Ne 1 Ave M0401 Condominium 906 B
3451 Ne 1 Ave M0501 Condominium 906 B
3451 Ne 1 Ave M0601 Condominium 906 B
3451 Ne 1 Ave M0901 Condominium 919 B
3451 Ne 1 Ave M0202 Condominium 919 B
3451 Ne 1 Ave M0302 Condominium 906 B
3451 Ne 1 Ave M0402 Condominium 906 B
3451 Ne 1 Ave M0502 Condominium 919 B
3451 Ne 1 Ave M0602 Condominium 919 B
3451 Ne 1 Ave M0203 Condominium 802 B
3451 Ne 1 Ave M0303 Condominium 492 B
3451 Ne 1 Ave M0403 Condominium 802 B
3451 Ne 1 Ave M0803 Condominium 986 B
3451 Ne 1 Ave M0903 Condominium 492 B
3451 Ne 1 Ave M0904 Condominium 492 B
3451 Ne 1 Ave M0205 Condominium 802 B
3451 Ne 1 Ave M0305 Condominium 802 B
3451 Ne 1 Ave M0405 Condominium 986 B
3451 Ne 1 Ave M0505 Condominium 986 B
3451 Ne 1 Ave M0605 Condominium 802 B
3451 Ne 1 Ave M0705 Condominium 986 B
3451 Ne 1 Ave M0805 Condominium 492 B
3451 Ne 1 Ave M0905 Condominium 802 B
3451 Ne 1 Ave M0206 Condominium 1,072 B
3451 Ne 1 Ave M0306 Condominium 802 B
3451 Ne 1 Ave M0406 Condominium 1,072 B
3451 Ne 1 Ave M0506 Condominium 492 B
3451 Ne 1 Ave M0606 Condominium 1,072 B
3451 Ne 1 Ave M0706 Condominium 1,072 B
3451 Ne 1 Ave M0806 Condominium 1,072 B
3451 Ne 1 Ave M0906 Condominium 802 B
3449 Ne 1 Ave 109 Condominium 2,048 B
3449 Ne 1 Ave 110 Condominium 2,048 B
3449 Ne 1 Ave L-11 Condominium 2,048 B
3449 Ne 1 Ave 111 Condominium 2,048 B

Local Household Income

The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.

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 $70,528 per year who should qualify for a mortgage between $141,056 and $176,320.

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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $1,143 per month and a monthly household income of $3,799 ($45,588 per year)

Nearby Companies

Lower East Coast LLC
3635 Ne 1st Ave
Now Interactives LLC
3635 Ne 1st Ave
Spartan Medical, LLC
3635 Ne 1st Ave
Arfam Company, LLC
3635 Ne 1st Ave
One Financial Services, LLC
3635 Ne 1st Ave
Celeste Sol, LLC
3635 Ne 1st Ave
Soy Morelli Music LLC
3635 Ne 1st Ave
Brk Innovations LLC
3635 Ne 1st Ave
Sonetma Corp
3635 Ne 1st Ave
Jk & Pl Company Inc
3635 Ne 1st Ave
Midtown 3411 LLC
4903 Midtown Ln
D.A. Shulman Inc
4905 Midtown Ln
Atm Photo Supplies, Inc.
3700 Ne 1st Ct
Malletiers Francais, Inc.
3630 Ne 1st Ct
Fujimo Land Corp.
3621 Ne 1st Ct
Office Dimensions, Inc.
3621 N E 1 Court
M3j Design, LLC
3612 Ne 2 Ave
Credit Mentor LLC
3618 Ne 2nd Ave
3620 Blue LLC
3620 Ne 2nd Ave
Midtown Blackbrick LLC
3451 Ne 1st Ave
Carol Bernton, P.A.
4907 Midtown Ln
Dental Stat LLC
4903 Midtown Ln
Btgh, LLC
4903 Midtown Ln
Ramstur International, Inc.
4903 Midtown Ln
Hiersche Holdings, LLC
3449 Ne 1st Ave
Knh Holdings, LLC
3449 Ne 1st Ave
Cem I, LLC
3449 Ne 1st Ave
Alea Usa Inc.
3449 Ne 1st Ave
Billerfy.Com Inc.
3449 Ne 1st Ave
Php Enterprises LLC
3449 Ne 1st Ave
Enhance Brows Miami, LLC
3449 Ne 1st Ave
Brascol Enterprises, Inc.
3449 Ne 1st Ave
Lucas Gomez Pa
3449 Ne 1st Ave
Millecento 3606, LLC
3451 Ne 1st Ave #M606
North West Blue LLC
3451 North East 1st Ave
Salumi 104 Inc.
3451 Ne 1st Ave
Sandra Pariente P.A.
3470 East Coast Ave
Techcalm, Inc.
3470 East Coast Ave
Solsun Movement LLC
3470 E Coast Ave
Armada Business Mega Group , Inc
3470 East Coast Ave
Sc Creative, LLC
3470 East Coast Ave
Ashpia Corp
3470 E Coast Ave
Lgms Property Investments, LLC
3470 East Coast Ave
Dbakers, LLC
3501 Ne 2nd Ave
Egg Yolk LLC
3501 Ne 2nd Ave
Midtown Smokeshop LLC
3503 Ne 2nd Ave
La Latina 2, LLC
3509 Ne 2nd Ave
Sotavento Ventures, LLC
3509 Ne 2nd Ave
H Hospitality LLC
3509 Ne 2nd Ave
La Latina Downtown LLC
3509 Ne 2nd Ave
Chef Porn LLC
3525 Ne 2nd Ave
Octopus 2016 LLC
3525 Ne 2nd Ave
Merchant Service Service LLC
3470 East Coast Ave
Hyperion Bbr, Inc
3470 East Coast Ave
Sbrats LLC
1461 Chessington Cir
Done And Done LLC
3470 East Coast Ave
Velme LLC
3470 East Coast Ave
Midtown 2108 Inc
3470 East Coast Ave
Competitive Legacy, LLC
3470 E Coast Ave
Duba Holdings LLC
3470 E Coast Ave
Midtown H2210 LLC
3470 E Coast Ave
Map Pr Miami LLC
3470 E Coast Ave
4 Full Moons, Inc.
3470 E Coast Ave
K.Z. Architecture, Inc.
3470 E Coast Ave
Ms2 Design Studio, Inc.
3470 E Coast Ave
Mabel'S Place, Corp.
3470 E Coast Ave
Catlea, Inc.
3470 E Coast Ave
Bless M&E Corp.
3470 E Coast Ave
Michel Bitton P A
3470 E Coast Ave
Rp Styling Studio Inc
3470 E Coast Ave
Armada Business Group, Inc.
3470 E Coast Ave
Peakoak Springs, LLC
3470 E Coast Avenue Suite H201
Culinary Conservatory Inc.
3470 East Coast Avenue Suite 2507
Unit H2008 Midtown 2 Condominium, LLC
3470 E Coast Ave Unit H2008
Thor Hospitality, LLC
3470 East Coast Ave
Peace Om Mind LLC
3470 East Coast Ave
Disclaimers and Disclosures

Public Records Data

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