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 
2519 Abaco Ave Single Family 3,558 B
2910 Jefferson St Single Family 1,653 B
2544 Andros Ave Single Family 1,984 A
2924 Jefferson St Single Family 2,351 A
2541 Abaco Ave Single Family 2,399 B
2517 Andros Ave Multi-family - less than 10 units 3,418 B
2905 Washington St Single Family 1,383 B
2551 Abaco Ave Single Family 2,127 B
2539 Andros Ave Single Family 2,225 B
2545 Andros Ave Multi-family - less than 10 units 1,813 C
2528 Abaco Ave Single Family 2,430 B
2512 Abaco Ave Single Family 2,514 B
2830 Jefferson St Single Family 1,553 B
2907 Jefferson St Single Family 1,793 B
2500 Abaco Ave Single Family 2,474 B
2825 Jefferson St Single Family 1,301 B
2544 Abaco Ave Single Family 2,450 A
2857 Sw 27 Ave Office building, non-professional service building, one story 1,938 B
2548 Abaco Ave Single Family 3,281 A
2592 Overbrook St Single Family 0 A
2869 Sw 27 Ave Professional service building 3,411 B
2800 Jefferson St Single Family 0 A
2496 Abaco Ave Single Family 2,757 B
2910 Washington St Single Family 1,351 B
2920 Washington St Single Family 2,063 B
2497 Abaco Ave Single Family 2,110 B
2550 Overbrook St Single Family 1,183 C
2490 Abaco Ave Single Family 1,107 B
2521 Inagua Ave Single Family 2,270 B
2527 Inagua Ave Single Family 2,203 B
2511 Inagua Ave Single Family 2,055 B
2535 Inagua Ave Single Family 1,651 B
2801 Sw 27 Ave Restaurant, cafeteria 12,448 B
2501 Inagua Ave Single Family 3,288 A
2540 Overbrook St Single Family 1,222 B
2545 Inagua Ave Single Family 2,596 A
2950 Washington St Single Family 1,233 C
2480 Abaco Ave Single Family 1,087 B
2965 Washington St Single Family 2,350 B
2630 Sw 28 St 29 Condominium 400 B
2630 Sw 28 St 9 Condominium 400 B
2630 Sw 28 St 41 Condominium 652 B
2630 Sw 28 St 2 Condominium 482 B
2630 Sw 28 St 22 Condominium 482 B
2630 Sw 28 St 42 Condominium 482 B
2630 Sw 28 St 3 Condominium 482 B
2630 Sw 28 St 51 Condominium 615 B
2630 Sw 28 St 59 Condominium 563 B
2630 Sw 28 St 21 Condominium 652 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 90 of all properties in this area. This suggests it would appeal to someone earning around $184,479 per year who should qualify for a mortgage between $368,958 and $461,198.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$148,649
$297,297
$445,946
$594,594
$184,479

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 90 of all properties in this area. This corresponds to a rent of $1,955 per month and a monthly household income of $5,288 ($63,456 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
$5,288
$1,955

Nearby Companies

Menamill Trading, Inc.
2472 Abaco Ave
Jesse Williams, Inc.
2475 Inagua Ave
Paco Diaz Corp
2965 Washington St
Mdsa Investings, LLC
2630 Sw 28th St
Barbara Sanjurjo, P.A.
2630 Sw 28th St
Mdsa Management Corp
2630 Sw 28th St
Blinds In Days.Com, LLC
2630 Sw 28 Street
37 Sunflowers, LLC
2630 Sw 28 Street
Emol Property Trust 2016, LLC
2630 Sw 28 Street
Loggerhead Management, Corp
2630 Sw 28 Street
Sea Side House L.L.C.
2630 Sw 28 St Suite 61
Dixie Grove Condominium Association, Inc.
2630 Sw 28th Street Unit 61
Rua Realty, Inc.
2630 Sw 28th St
Raoul Garcia, Pa
2630 Sw 28th St
Ewenco LLC
2517 Andros Ave
Valerie Brunnette, LLC
2517 Andros Ave
Mrk Resolutions LLC
2517 Andros Ave
Aamvic Holdings, LLC
2544 Andros Ave
Aamvic Holdings Ii, LLC
2544 Andros Ave
Ulloa Solutions, Inc.
2541 Abaco Ave
Grace Management LLC
2512 Abaco Ave
Allergic To Missing LLC
2512 Abaco Ave
Andros Ave. LLC
2907 Jefferson St
Joann Colucci, P.A.
2527 Inagua Ave
Abaco Productions LLC
2500 Abaco Ave
Lbunn Holdings LLC
2521 Inagua Ave
Simbron Investments, Inc.
2471 Abaco Ave
Casapueblo Corporation
2471 Abaco Ave
The Smart Sheep Inc.
2471 Abaco Ave
Precision Performance. Inc.
2511 Inagua Ave
Wolfen Enterprises, Inc.
2950 Washington St
Cebm, LLC
2921 Sw 27 Ave
Scubatown LLC
2807 Sw 27th Ave
Scuba Holdings LLC
2807 Sw 27th Ave
Maligator Holdings LLC
2807 Sw 27th Ave
Grove Scuba, Inc.
2809 Sw 27th Ave
Mama Jo'S Inc.
2884 Southwest 27 Avenue
Lonehome Florida, LLC
2857 Sw 27th Ave
Lonehouse Florida, LLC
2857 Sw 27th Ave
Wolfshire Investments LLC
2857 Sw 27th Ave
Lock Up America, LLC.
2857 Sw 27th Ave
Kirichenko LLC
2857 Sw 27th Ave
Neobiox, LLC
2857 Sw 27th Ave
Plasmacord, LLC
2857 Sw 27th Ave
Mediterraneus Group LLC
2857 Sw 27th Ave
Lyodrop, LLC
2857 Sw 27th Ave
Cossanta, LLC
2857 Sw 27th Ave
The Funes Law Firm, P.A.
2857 Sw 27th Ave
Fusion Title Services Corp.
2857 Sw 27th Ave
High And Dry Marine LLC
2908 Sw 27th Ave
Msa Advertising, LLC
2915 Sw 27th Ave
Spt Investments, LLC
2921 Sw 27th Ave
Southern Star Funding, LLC
2921 Sw 27th Ave
1871 Sunrise LLC
2921 Sw 27th Ave
410 West Bradenton LLC
2921 Sw 27th Ave
St Pete 601 LLC
2921 Sw 27th Ave
1630 Tampa LLC
2921 Sw 27th Ave
Bright Bay Resources, Inc.
2921 Sw 27th Ave
Bolivar C. Porta Pa
2921 Sw 27th 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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