3089 Oak Ave 3089, Miami
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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 3095 Oak Ave 3095 | Condominium | 1,171 | B |
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| 3093 Oak Ave 3093 | Condominium | 1,171 | B |
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| 3091 Oak Ave 3091 | Condominium | 2,510 | B |
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| 3099 Oak Ave 1 | Condominium | 1,870 | B |
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| 3103 Oak Ave 3103 | Condominium | 2,200 | B |
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| 3101 Oak Ave 3101 | Condominium | 2,200 | B |
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| 3291 Matilda St 2 | Condominium | 1,590 | B |
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| 3280 Matilda St 2 | Condominium | 2,250 | B |
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| 3282 Matilda St 1 | Condominium | 2,250 | B |
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| 3081 Oak Ave | Multi-family - less than 10 units | 1,472 | C |
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| 3071 Oak Ave | Multi-family - less than 10 units | 1,769 | C |
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| 3271 Matilda St 3271 | Condominium | 2,130 | B |
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| 3273 Matilda St 3273 | Condominium | 2,130 | B |
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| 3121 Oak Ave 3121 | Condominium | 2,410 | B |
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| 3269 Matilda St 3269 | Condominium | 2,130 | B |
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| 3267 Matilda St 3267 | Condominium | 2,130 | B |
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| 3265 Matilda St 3265 | Condominium | 2,130 | B |
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| 3061 Oak Ave | Multi-family - less than 10 units | 1,564 | C |
|
| 3121 Oak Ave | Vacant Residential | 0 | L | |
| 3123 Oak Ave 3123 | Condominium | 2,410 | B |
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| 3263 Matilda St 3263 | Condominium | 2,130 | B |
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| 3266 Alamanda St | Vacant Residential | 4,989 | A |
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| 3268 Alamanda St 3268 | Condominium | 2,000 | B |
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| 3266 Alamanda St 3266 | Condominium | 2,000 | B |
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| 3260 Alamanda St 3260 | Condominium | 2,280 | B |
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| 3256 Alamanda St 3256 | Condominium | 2,280 | B |
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| 3272 Matilda St | Single Family | 2,249 | B |
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| 3120 Oak Ave | Municipal Owned | 1,781 | B |
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| 3270 Matilda St | Single Family | 2,249 | A |
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| 3250 Alamanda St | Single Family | 2,549 | A |
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| 3351 Matilda St | Public county school | 41,070 | B |
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| 3250 Matilda St A | Condominium | 1,720 | B |
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| 3250 Matilda St B | Condominium | 1,720 | B |
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| 3260 Matilda St | Single Family | 894 | C |
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| 3041 Oak Ave | Multi-family - less than 10 units | 1,896 | C |
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| 3129 Oak Ave | Multi-family - less than 10 units | 2,157 | B |
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| 3070 Lime Ct | Single Family | 1,322 | B |
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| 3275 Allamanda St 3275 | Condominium | 2,060 | B |
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| 3293 Gifford Ln | Multi-family - less than 10 units | 1,534 | C |
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| 3240 Matilda St 3240 | Condominium | 2,136 | B |
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| 3242 Matilda St 3242 | Condominium | 2,136 | B |
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| 3029 Oak Ave 3029 | Condominium | 2,390 | B |
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| 3273 Allamanda St 3273 | Condominium | 2,060 | B |
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| 3232 Matilda St 1 | Condominium | 2,199 | B |
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| 3263 Allamanda St 3263 | Condominium | 2,060 | B |
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| 3255 Allamanda St 3255 | Condominium | 2,060 | B |
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| 3027 Oak Ave 3027 | Condominium | 2,390 | B |
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| 3152 Oak Ave | Government Undefined | 0 | L | |
| 3290 Gifford Ln 3290 | Condominium | 2,460 | B |
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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.
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)
Nearby Companies
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3220 Matilda St
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3092 Lime Ct
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3240 Matilda St
3265 Matilda St
3269 Matilda St
3269 Matilda St
3080 Lime Ct
3080 Lime Ct
3271 Matilda St
3091 Lime Ct
3062 Lime Ct
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3051 Lime Ct
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3081 Oak Ave
Box 330002
3271 Allamanda St
3271 Allamanda St
3273 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3268 Allamanda St
3021 Oak Ave
3021 Oak Ave
3263 Allamanda St
3263 Allamanda St
3263 Allamanda St
3263 Allamanda St
3263 Allamanda St
3256 Allamanda St
3250 Allamanda St
3101 Oak Ave
3101 Oak Ave
3101 Oak Ave
3101 Oak Ave
3103 Oak Ave
Po Box 331176
3161 Oak Ave
3288 Gifford Ln
3288 Gifford Ln
3288 Gifford Ln
3288 Gifford Ln
3293 Gifford Ln
3121 Oak Ave
3280 Matilda St
3261 Gifford Ln