2929 Sw 34 Ave, 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%.
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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 | |
---|---|---|---|---|
2935 Sw 34 Ave | Multi-family - less than 10 units | 4,589 | C | |
2927 Sw 34 Ave | Multi-family - less than 10 units | 2,400 | C | |
2911 Sw 34 Ave | Multi-family - less than 10 units | 1,751 | C | |
3373 Sw 29 Ter | Single Family | 1,150 | B | |
3375 Sw 29 Ter | Single Family | 1,431 | B | |
3377 Sw 29 Ter | Single Family | 2,416 | C | |
3369 Sw 29 Ter | Multi-family - less than 10 units | 1,892 | C | |
2901 Sw 34 Ave | Multi-family - less than 10 units | 2,302 | C | |
3382 Sw 29 St | Single Family | 1,645 | C | |
3374 Sw 29 St | Multi-family - less than 10 units | 1,092 | C | |
2930 Sw 34 Ave | Multi-family - less than 10 units | 2,195 | C | |
2940 Sw 34 Ave | Multi-family - less than 10 units | 2,576 | C | |
3363 Sw 29 Ter | Multi-family - less than 10 units | 1,746 | C | |
2920 Sw 34 Ave | Multi-family - less than 10 units | 1,761 | C | |
2946 Sw 34 Ave | Multi-family - less than 10 units | 3,334 | C | |
2910 Sw 34 Ave | Multi-family - less than 10 units | 1,788 | C | |
2950 Sw 34 Ave | Multi-family - less than 10 units | 1,809 | C | |
3364 Sw 29 St | Multi-family - less than 10 units | 1,242 | C | |
3351 Sw 29 Ter | Single Family | 1,181 | C | |
2906 Sw 34 Ave | Multi-family - less than 10 units | 2,903 | C | |
2960 Sw 34 Ave | Single Family | 1,174 | C | |
3395 Sw 29 St | Multi-family - less than 10 units | 5,062 | B | |
3360 Sw 29 St | Single Family | 1,606 | C | |
3410 Sw 29 St | Multi-family - less than 10 units | 2,761 | C | |
3375 Sw 29 St | Multi-family - less than 10 units | 3,440 | C | |
3365 Sw 29 St | Single Family | 1,342 | C | |
3350 Sw 29 St | Single Family | 1,284 | C | |
2935 Sw 35 Ave | Multi-family - less than 10 units | 2,772 | C | |
2939 Sw 35 Ave | Multi-family - less than 10 units | 2,772 | C | |
2887 Sw 34 Ave | Multi-family - less than 10 units | 2,557 | C | |
2920 Sw 33 Ct | Multi-family - less than 10 units | 2,906 | C | |
2921 Sw 35 Ave | Single Family | 723 | C | |
2941 Sw 35 Ave | Single Family | 1,378 | C | |
3355 Sw 29 St | Single Family | 1,152 | C | |
3490 S Dixie Hwy | Service station | 2,912 | B | |
2919 Sw 35 Ave | Multi-family - less than 10 units | 2,158 | C | |
2951 Sw 35 Ave | Multi-family - less than 10 units | 1,935 | C | |
3411 Sw 29 St | Multi-family - less than 10 units | 2,644 | C | |
2911 Sw 35 Ave | Multi-family - less than 10 units | 3,030 | C | |
2961 Sw 35 Ave | Single Family | 2,013 | C | |
3345 Sw 29 St | Single Family | 1,360 | C | |
2881 Sw 34 Ave | Single Family | 1,452 | C | |
3340 Sw 29 St | Multi-family - less than 10 units | 3,614 | C | |
3400 S Dixie Hwy | Auto sales, auto repair and storage or auto service shop | 5,245 | B | |
3428 Sw 29 St | Multi-family - less than 10 units | 2,871 | C | |
2890 Sw 34 Ave | Multi-family - less than 10 units | 2,167 | C | |
3441 Sw 29 Ter | Multi-family - less than 10 units | 2,241 | C | |
3466 Bird Ave | Vacant Residential | 0 | L | |
2871 Sw 34 Ave | Single Family | 1,424 | 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 38 of all properties in this area. This suggests it would appeal to someone earning around $32,296 per year who should qualify for a mortgage between $64,592 and $80,740.
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 38 of all properties in this area. This corresponds to a rent of $875 per month and a monthly household income of $2,545 ($30,540 per year)
Nearby Companies
2887 Sw 34 Ave
3366 Sw 28th Ter
3377 Sw 29th Ter
2960 Sw 34 Avenue
2950 Sw 34 Ave
2946 Sw 34 Ave
2946 Sw 34 Ave
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3498 South Dixie Hwy
3340 Sw 29th St
3340 Sw 29th St
14962 Sw 29th Ter
3342 Sw 29th St
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3350 South Dixie Hwy