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 
2961 Day Ave B Condominium 1,920 B
2985 Day Ave Multi-family - less than 10 units 2,762 B
2961 Day Ave Condominium 1,920 B
2970 Day Ave 3201 Condominium 1,275 B
2968 Day Ave 3203 Condominium 1,275 B
2966 Day Ave 3205 Condominium 1,275 B
3199 Virginia St Single Family 1,754 B
2997 Day Ave Single Family 1,915 B
3197 Virginia St Single Family 1,754 A
2964 Day Ave 3207 Condominium 1,275 B
2962 Day Ave 3209 Condominium 1,275 B
2945 Day Ave Multi-family - 10 units or more 8,963 B
2956 Day Ave 3215 Condominium 1,275 B
2960 Day Ave 3211 Condominium 1,275 B
2958 Day Ave 3213 Condominium 1,275 B
3159 Virginia St Multi-family - less than 10 units 3,510 B
3174 Virginia St 10 Condominium 1,845 B
3174 Virginia St Vacant Residential 0 L
2954 Day Ave 3217 Condominium 1,275 B
2952 Day Ave 3219 Condominium 1,275 B
3170 Virginia St 8 Condominium 1,845 B
3168 Virginia St 7 Condominium 1,845 B
3166 Virginia St 6 Condominium 1,845 B
3172 Virginia St 9 Condominium 1,845 B
3164 Virginia St 5 Condominium 1,845 B
3162 Virginia St 4 Condominium 1,845 B
2950 Day Ave 3221 Condominium 1,220 B
2935 Day Ave Multi-family - less than 10 units 2,265 C
3005 Day Ave 3a Condominium 1,777 B
3001 Day Ave Condominium 1,777 B
3003 Day Ave Condominium 1,690 B
3155 Virginia St Multi-family - less than 10 units 1,420 C
3156 Virginia St 1 Condominium 1,845 B
3158 Virginia St 2 Condominium 1,845 B
3219 Virginia St Multi-family - less than 10 units 4,938 B
3009 Day Ave 5-C Condominium 1,914 B
3007 Day Ave 4b Condominium 1,690 B
2952 Peachy St 8 Condominium 1,700 B
2954 Peachy St 7 Condominium 1,700 B
3160 Virginia St 3 Condominium 1,845 B
3145 Virginia St 4 Condominium 1,275 B
3147 Peachy St 9 Condominium 1,640 B
3146 Peachy St 6 Condominium 1,700 B
3221 Virginia St 3221 Condominium 1,850 B
3143 Virginia St 3 Condominium 1,275 B
2933 Day Ave 2933 Condominium 2,144 B
3020 Day Ave 3020 Condominium 1,225 B
3223 Virginia St 3223 Condominium 1,850 B
3225 Virginia St 3225 Condominium 1,724 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.

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%.

Nearby Companies

S. M. Tennis Inc
2995 Ruth St
Ruth Gardens, Inc.
2967 Ruth St
Ericson Estate, LLC
3122 Virginia St
Marcopup, Corp
3144 Mary St
Avianova, LLC
3142 Mary St
Laredo Realty, Inc.
2997 Day Ave
Gravity Realty, LLC
2968 Day Ave
Unosun Corporation
2968 Day Ave
Corey Schwartz, P.A.
2968 Day Ave
Hubsch Lee County, LLC
3199 Virginia St
Wilco Grove LLC
2958 Day Ave
Mark Jeffrey Hollander Pa
2959 Day Ave Unit B
Erich B. Neumann, P.L.
3174 Virginia St
Edit Strategy LLC
3170 Virginia St
Talk Spot, LLC
2927 Day Ave
2534 Lincoln Ave, LLC
2927 Day Ave
Buff Technologies LLC
2927 Day Ave
Hridayam, LLC
3160 Virginia St
Mane Pro LLC
2945 Day Ave
Kert Crawford Inc
3156 Virginia St
Zftc, LLC
3034 Orange St
Staci K Consulting LLC
3035 Orange St
Mija Baney, LLC
3242 Virginia St
Iskcon Miami, Inc.
3220 Virgina St
Abello Company LLC
2930 Day Ave
Mv Cash Flow LLC
3037 Day Ave
Sandy Zarraga P.A.
3037 Day Ave
Storlock LLC
1073 W C 48
Generation Zen, LLC
2965 Day Ave
Travel Site, Inc.
2930 Day Ave
Cbf International Trustee, Inc.
3245 Virginia St #65
Cat Cap LLC
3046 Day Ave
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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