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 
3570 Palmetto Ave Single Family 2,372 B
3560 Palmetto Ave Single Family 1,868 B
3569 Royal Palm Ave Single Family 957 B
3725 Plaza St Single Family 2,158 B
3563 Royal Palm Ave Single Family 2,976 A
3554 Palmetto Ave Single Family 3,986 B
3553 Royal Palm Ave Single Family 4,824 A
3585 Palmetto Ave Single Family 958 B
3559 Palmetto Ave Single Family 2,865 A
3539 Royal Palm Ave Single Family 4,792 A
3553 Palmetto Ave Single Family 3,118 A
3610 Palmetto Ave Single Family 1,067 B
3613 Royal Palm Ave Multi-family - less than 10 units 3,981 B
3545 Palmetto Ave Single Family 2,877 B
3540 Palmetto Ave Single Family 1,740 B
3618 Palmetto Ave Single Family 1,427 B
3537 Palmetto Ave Single Family 2,073 B
3537 Royal Palm Ave Single Family 3,206 B
3615 Palmetto Ave Single Family 3,021 B
3586 Avocado Ave Single Family 1,331 B
3580 Royal Palm Ave Single Family 4,183 B
3582 Avocado Ave Single Family 1,818 B
3598 Avocado Ave Single Family 1,113 B
3564 Royal Palm Ave Single Family 2,921 B
3574 Avocado Ave Single Family 2,113 B
3624 Palmetto Ave Single Family 1,666 B
3558 Royal Palm Ave Single Family 831 C
3533 Palmetto Ave Single Family 1,376 B
3526 Palmetto Ave Single Family 1,604 B
3623 Royal Palm Ave Single Family 1,289 B
3570 Avocado Ave Single Family 2,310 B
3550 Royal Palm Ave Single Family 3,358 B
3608 Royal Palm Ave Multi-family - less than 10 units 3,761 B
3525 Royal Palm Ave Vacant Residential 3,232 L
3630 Plaza St Single Family 3,677 A
3630 Palmetto Ave Single Family 1,047 B
3525 Palmetto Ave Single Family 4,529 A
3629 Palmetto Ave Single Family 2,240 B
3610 Royal Palm Ave Single Family 2,182 B
3564 Avocado Ave Single Family 2,780 A
3540 Royal Palm Ave Single Family 3,536 B
3637 Royal Palm Ave Single Family 3,637 A
3610 Avocado Ave Single Family 2,448 B
3624 Royal Palm Ave Single Family 3,633 A
3560 Avocado Ave Single Family 3,139 A
3638 Palmetto Ave Single Family 2,367 A
3700 Hibiscus St Single Family 3,892 B
3511 Royal Palm Ave Single Family 1,514 B
3643 Royal Palm Ave Single Family 3,476 A

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 94 of all properties in this area. This suggests it would appeal to someone earning around $321,609 per year who should qualify for a mortgage between $643,218 and $804,023.

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 94 of all properties in this area. This corresponds to a rent of $2,307 per month and a monthly household income of $6,461 ($77,532 per year)

Nearby Companies

Rocafort Enterprises, LLC
3629 Palmetto Ave
Ripoll Enterprises, LLC
3629 Palmetto Ave
Xavier Anton, M.D., P.A.
3629 Palmetto Ave
Inma Roca & Associates, Inc.
3629 Palmetto Ave
Global Factory Supply, LLC
14100 Palmetto Frontage Rd
Herman Investments, LLC
14100 Palmetto Frontage Rd
Cadala Properties, LLC
14100 Palmetto Frontage Rd
Hersaa Investments LLC
14100 Palmetto Frontage Rd
Manhid Investments LLC
14100 Palmetto Frontage Rd
Lumael LLC
14100 Palmetto Frontage Rd
Affme Investments LLC
14100 Palmetto Frontage Rd
Fortune House Holdings LLC
14100 Palmetto Frontage Rd
Preferred Insurance Advisors, Inc.
14100 Palmetto Frontage Rd
Folgueras Customs Broker Corp.
14100 Palmetto Frontage Rd
Dream To Reality Realty, Inc.
14100 Palmetto Frontage Rd
Cgr & Associates, Inc.
14100 Palmetto Frontage Rd
Phillip A. Ortiz, P.A.
14100 Palmetto Frontage Rd
Concept 8 Corp
14100 Palmetto Frontage Rd
Realtorneys, Inc.
14100 Palmetto Frontage Rd
Complete Choice Title Services Inc
14100 Palmetto Frontage Rd
Artistic Sharing, Inc
14160 Palmetto Frontage Rd Ste 32
Sutogar Corp
14160 Palmetto Frontage Rd Ste 32
Lauren J. Amron, P.A.
3624 Royal Palm Ave
Awab Bvi LLC
3623 Royal Palm Ave
Coffee Mongers LLC
3618 Palmetto Ave
The Force Inc.
14160 Palmetto Frontage Rd
Mare Group Investments 117 LLC
14160 Palmetto Frontage Rd
Usa Truck Leasing, LLC.
14160 Palmetto Frontage Rd
Usa Realty Enterprises, LLC.
14160 Palmetto Frontage Rd
Draftpros, LLC
14160 Palmetto Frontage Rd
Suarez Legal Services LLC
14160 Palmetto Frontage Rd
Secure Investment Group Inc.
14160 Palmetto Frontage Rd
Usa Truck Brokers, Inc.
14160 Palmetto Frontage Rd
Americano Iii Realty Corp
14160 Palmetto Frontage Rd
E & M Music Productions, Inc.
14160 Palmetto Frontage Rd
Americano X Realty Corp
14160 Palmetto Frontage Rd
Americano Xi Realty Corp
14160 Palmetto Frontage Rd
Americano Xii Realty Corp
14160 Palmetto Frontage Rd
The Law Office Of Edersy Suarez, Pa
14160 Palmetto Frontage Rd
Liluna LLC
3589 Poinciana Ave
John G. Jacobsen, Inc.
3555 Poinciana Ave
Asf Consulting, Ltd., Inc.
3540 Royal Palm Ave
Ahm Holdings, LLC
3540 Royal Palm Ave
8330 Biscayne Boulevard, LLC
3553 Royal Palm Ave
14921 Nw 7 Ave, LLC
3553 Royal Palm Ave
Redbay Royal Palm, LLC
3525 Royal Palm Ave
3525 Royal Palm Ave LLC
3525 Royal Palm Ave
Full Financial Solutions Corp
3525 Royal Palm Ave
Fifteen Thirty Seven, LLC
3580 Palmetto Ave
Twenty Twenty Four LLC
3580 Palmetto Ave
Thirty Six Seventy, LLC
3580 Palmetto Ave
Forty Nine Hundred, LLC
3580 Palmetto Ave
Seventy One Thirty Five, LLC
3580 Palmetto Ave
Kcre LLC
3580 Palmetto Ave
Two Twenty One LLC
3580 Palmetto Ave
Forty Six Forty Seven LLC
3580 Palmetto Ave
Twenty Four Hundred LLC
3580 Palmetto Ave
Prior Insights LLC
3580 Palmetto Ave
Isabelle Andrews, P.A.
3560 Palmetto Ave
6820 Granada LLC
3700 Hibiscus St
Zahora LLC
3537 Palmetto Ave
Bruvas LLC
3537 Palmetto Ave
Footgolf Fanatics LLC
3537 Palmetto Ave
Qos LLC
3537 Palmetto Ave
Ecmar, LLC
3570 Avocado Ave
Disclaimers and Disclosures

Public Records Data

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