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 
2935 Sw 34 Ave Multi-family - less than 10 units 4,589 C
3373 Sw 29 Ter Single Family 1,150 B
3377 Sw 29 Ter Single Family 2,416 C
2929 Sw 34 Ave Single Family 1,399 C
3369 Sw 29 Ter Multi-family - less than 10 units 1,892 C
2927 Sw 34 Ave Multi-family - less than 10 units 2,400 C
3363 Sw 29 Ter Multi-family - less than 10 units 1,746 C
2911 Sw 34 Ave Multi-family - less than 10 units 1,751 C
3382 Sw 29 St Single Family 1,645 C
3351 Sw 29 Ter Single Family 1,181 C
3374 Sw 29 St Multi-family - less than 10 units 1,092 C
3364 Sw 29 St Multi-family - less than 10 units 1,242 C
2901 Sw 34 Ave Multi-family - less than 10 units 2,302 C
2946 Sw 34 Ave Multi-family - less than 10 units 3,334 C
2950 Sw 34 Ave Multi-family - less than 10 units 1,809 C
2940 Sw 34 Ave Multi-family - less than 10 units 2,576 C
3490 S Dixie Hwy Service station 2,912 B
3360 Sw 29 St Single Family 1,606 C
2930 Sw 34 Ave Multi-family - less than 10 units 2,195 C
3400 S Dixie Hwy Auto sales, auto repair and storage or auto service shop 5,245 B
2960 Sw 34 Ave Single Family 1,174 C
2920 Sw 33 Ct Multi-family - less than 10 units 2,906 C
2920 Sw 34 Ave Multi-family - less than 10 units 1,761 C
3350 Sw 29 St Single Family 1,284 C
2910 Sw 34 Ave Multi-family - less than 10 units 1,788 C
3466 Bird Ave Vacant Residential 0 L
3350 S Dixie Hwy Professional service building 9,088 B
3395 Sw 29 St Multi-family - less than 10 units 5,062 B
2906 Sw 34 Ave Multi-family - less than 10 units 2,903 C
3340 Sw 29 St Multi-family - less than 10 units 3,614 C
3375 Sw 29 St Multi-family - less than 10 units 3,440 C
3365 Sw 29 St Single Family 1,342 C
3355 Sw 29 St Single Family 1,152 C
3410 Sw 29 St Multi-family - less than 10 units 2,761 C
2941 Sw 35 Ave Single Family 1,378 C
2951 Sw 35 Ave Multi-family - less than 10 units 1,935 C
2939 Sw 35 Ave Multi-family - less than 10 units 2,772 C
3375 Bird Ave Vacant Residential 0 L
2961 Sw 35 Ave Single Family 2,013 C
3345 Sw 29 St Single Family 1,360 C
2935 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
2921 Sw 35 Ave Single Family 723 C
3441 Sw 29 Ter Multi-family - less than 10 units 2,241 C
2919 Sw 35 Ave Multi-family - less than 10 units 2,158 C
3355 Bird Ave Vacant Residential 0 L
3420 Bird Ave Single Family 1,564 C
3011 New York St Single Family 1,083 C
3000 Elizabeth St Single Family 1,052 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 42 of all properties in this area. This suggests it would appeal to someone earning around $35,871 per year who should qualify for a mortgage between $71,742 and $89,678.

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 42 of all properties in this area. This corresponds to a rent of $918 per month and a monthly household income of $2,620 ($31,440 per year)

Nearby Companies

Navarro Alf, Inc.
3377 Sw 29th Ter
Omnitron International Corp.
2960 Sw 34 Avenue
Mayari Services Inc
2950 Sw 34 Ave
Silva Hr Director, LLC
2946 Sw 34 Ave
Edo'S Hot Dog, Corp
2946 Sw 34 Ave
Express Tek Inc.
8517 N Lynn Ave
Orion Consulting, Inc.
2890 Sw 34 Ave
Mivial, Inc.
3498 South Dixie Hwy
Solitman, LLC
3340 Sw 29th St
Miami Sailing Adventures, LLC
14962 Sw 29th Ter
Petra Flower Design Corp
3342 Sw 29th St
Kahn-Carlin & Company, Inc.
3350 South Dixie Hwy
3350 Assets, LLC
3350 South Dixie Hwy
Lledo Behavioral Services, LLC
3300 South Dixie Hwy
Ariel Mm Service Corp
3300 South Dixie Hwy
Indian Gate Corp
3300 S Dixie Hwy
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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