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 
2540 Inagua Ave Multi-family - less than 10 units 2,372 B
2983 Washington St Single Family 1,493 B
2530 Inagua Ave Single Family 1,643 B
2980 Washington St Single Family 1,165 B
2560 Inagua Ave Single Family 1,752 B
2525 Swanson Ave Single Family 1,503 B
2531 Swanson Ave Single Family 1,720 B
2515 Swanson Ave Single Family 4,797 A
2520 Inagua Ave Single Family 3,802 A
2965 Washington St Single Family 2,350 B
2545 Inagua Ave Single Family 2,596 A
2539 Swanson Ave Single Family 1,386 B
2562 Inagua Ave Single Family 2,204 B
2535 Inagua Ave Single Family 1,651 B
2511 Swanson Ave Single Family 1,382 A
2960 Washington St Single Family 1,855 B
2527 Inagua Ave Single Family 2,203 B
2510 Inagua Ave Single Family 1,816 A
2564 Inagua Ave Single Family 2,204 A
2567 Inagua Ave Single Family 1,820 B
2545 Swanson Ave Single Family 1,862 B
2509 Swanson Ave Single Family 1,736 B
2521 Inagua Ave Single Family 2,270 B
2613 Inagua Ave Single Family 1,242 B
3005 Washington St Single Family 4,411 A
3000 Jefferson St Single Family 1,211 B
2520 Swanson Ave Single Family 1,860 A
2548 Abaco Ave Single Family 3,281 A
2544 Abaco Ave Single Family 2,450 A
2511 Inagua Ave Single Family 2,055 B
3000 Washington St Single Family 1,192 A
2665 Inagua Ave Single Family 2,731 A
2501 Swanson Ave Single Family 1,758 B
2547 Swanson Ave Single Family 1,665 C
2516 Swanson Ave Single Family 1,938 B
2950 Washington St Single Family 1,233 C
2536 Swanson Ave Single Family 1,105 B
2975 Aviation Ave Single Family 1,462 B
2584 Inagua Ave Single Family 1,993 B
2528 Abaco Ave Single Family 2,430 B
2512 Swanson Ave Single Family 1,749 B
2501 Inagua Ave Single Family 3,288 A
2542 Swanson Ave Single Family 1,890 C
2985 Aviation Ave Single Family 892 B
2961 Aviation Ave Parking lot (commercial or patron) or mobile home park 0 L
2508 Swanson Ave Single Family 1,594 B
2965 Aviation Ave Single Family 946 B
2512 Abaco Ave Single Family 2,514 B
2544 Swanson Ave Single Family 1,971 C

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 84 of all properties in this area. This suggests it would appeal to someone earning around $125,958 per year who should qualify for a mortgage between $251,916 and $314,895.

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 84 of all properties in this area. This corresponds to a rent of $1,698 per month and a monthly household income of $4,545 ($54,540 per year)

Nearby Companies

Vintage Florida Gear, LLC
2512 Swanson Ave
Daisy Industries Group, Inc.
2512 Swanson Ave
Pangaea Exploration LLC
2500 Swanson Ave
Clavelle Law Group, P.A.
2485 Swanson Ave
2488 Inagua, LLC
2488 Inagua Ave
Paco Diaz Corp
2965 Washington St
Lamancha Estates LLC
2544 Swanson Ave
The People Champions Corp
2544 Swanson Ave
Ramsey Diaz, LLC
2555 Swanson Ave
Diango Group, Inc.
2555 Swanson Ave
Roadil Properties, LLC
2530 Inagua Ave
2520 Grove LLC
2520 Inagua Ave
Nannywisdom, LLC
2520 Inagua Ave
Area 10 Entertainment LLC
2525 Swanson Ave
305 Almeria LLC
2510 Inagua Ave
55 Oak, LLC
2559 Trapp Ave
Artley Inc.
2559 Trapp Ave
Cre Eight, Inc
2557 Trapp Ave
Protogenia Enterprises LLC
2520 Swanson Ave
The Buoniconti Group, LLC
2520 Swanson Ave
Protogenia Property Ii LLC
2520 Swanson Ave
Mbco, LLC
2520 Swanson Ave
Media Guru, Corp.
2516 Swanson Ave
Ulloa Solutions, Inc.
2541 Abaco Ave
Joann Colucci, P.A.
2527 Inagua Ave
Abaco Productions LLC
2500 Abaco Ave
Lbunn Holdings LLC
2521 Inagua Ave
Precision Performance. Inc.
2511 Inagua Ave
Raymond Jungles, Inc.
2964 Aviation Ave
Cgl Ventures LLC
2937 Sw 27 Ave
Fm Gables Group, LLC
2937 Sw 27 Ave
Wolfen Enterprises, Inc.
2950 Washington St
Wpb Rosemary Gp, LLC.
3006 Aviation Avenue Suite 2a
6401 N. Orange Blossom Mortgage Gp, LLC
3006 Aviation Avenue Suite 2a
6401 N. Orange Blossom Gp, LLC.
3006 Aviation Avenue Suite 2a
2610 Bird Avenue, LLC
2600 Bird Ave
2620 Bird Avenue, LLC
2600 Bird Ave
Disclaimers and Disclosures

Public Records Data

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