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 
111 Aledo Ave Single Family 3,153 A
102 Camilo Ave Single Family 3,296 A
106 Camilo Ave Single Family 1,092 A
112 Camilo Ave Single Family 1,204 A
102 Aledo Ave Single Family 1,242 A
3413 Monegro St Single Family 2,615 A
3409 Monegro St Single Family 1,632 A
106 Aledo Ave Single Family 1,046 A
117 Aledo Ave Single Family 1,899 A
3401 Monegro St Single Family 1,516 A
110 Aledo Ave Single Family 1,025 A
3501 Monegro St Single Family 1,294 A
118 Camilo Ave Single Family 3,828 A
3505 Monegro St Single Family 1,295 A
120 Aledo Ave Single Family 1,160 A
3791 Sw 27 Ln Single Family 1,066 B
105 Cadima Ave Single Family 1,474 A
125 Aledo Ave Single Family 1,806 A
101 Camilo Ave Single Family 1,775 A
122 Camilo Ave Single Family 1,530 A
109 Camilo Ave Single Family 1,096 A
3509 Monegro St Single Family 1,376 A
2731 Sw 38 Ave Multi-family - less than 10 units 2,011 B
111 Cadima Ave Multi-family - less than 10 units 1,628 A
3315 Monegro St Single Family 1,369 A
113 Camilo Ave Single Family 1,236 A
124 Aledo Ave Single Family 2,329 A
117 Cadima Ave Single Family 1,144 A
3798 Sw 27 Ln Multi-family - less than 10 units 1,656 B
3781 Sw 27 Ln Multi-family - less than 10 units 1,787 B
126 Camilo Ave Single Family 2,545 A
3515 Monegro St Single Family 1,232 A
131 Aledo Ave Single Family 1,233 A
3780 Sw 27 Ter Single Family 1,221 B
119 Camilo Ave Single Family 3,364 A
119 Cadima Ave Single Family 1,088 A
3311 Monegro St Single Family 1,281 A
3788 Sw 27 Ln Multi-family - less than 10 units 1,452 B
3791 Sw 27 Ter Multi-family - less than 10 units 1,361 B
3771 Sw 27 Ln Vacant Residential 0 L
128 Aledo Ave Single Family 2,604 A
125 Cadima Ave Single Family 1,118 A
3793 Sw 28 St Multi-family - less than 10 units 2,150 B
3778 Sw 27 Ter Single Family 1,685 B
100 Sarto Ave Single Family 1,726 A
123 Camilo Ave Single Family 1,996 A
108 Sarto Ave Single Family 1,092 A
3305 Monegro St Single Family 1,984 A
3781 Sw 27 Ter Multi-family - less than 10 units 1,549 B

Local Household Income

The median household income in this part of Florida is $77,610. The bottom 10% of the population earn less than $20,775 per year. The top 10% earn more than $310,335 per year. The top 1% earn more than $711,415 per year. Most renters earn between $30,924 (20th percentile) and $55,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $155,220 and $194,025.

The tax assessed value of this property places it in percentile 59 of all properties in this area. This suggests it would appeal to someone earning around $94,289 per year who should qualify for a mortgage between $188,578 and $235,723.

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 $1,209. Most renters earn between $2,577 and $4,611 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,661 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 59 of all properties in this area. This corresponds to a rent of $1,332 per month and a monthly household income of $3,711 ($44,532 per year)

Nearby Companies

Eric Castillo, Esq., P.A.
3409 Ponce De Leon Blvd
Tennessee Dreamin', LLC
102 Camilo Ave
Angelfish LLC
102 Camilo
Palm Court Holdings, LLC
3778 Sw 27 Terrace
Ela Katz Dmd Inc.
3776 Sw 27th Ln
Fnbsm Coral Gables, LLC
3399 Ponce De Leon Blvd
Law Offices Of Ronald E. Kaufman, P.A.
3399 Ponce De Leon Blvd
Design With Light, LLC
128 Aledo Ave
Mc And Sons, LLC
100 Sarto Ave
Type A Distribution, LLC
102 Camilo Ave
Dranga Services LLC
102 Aledo Ave
Eag Sales, Inc.
92 Cadima Ave
Valuflor, Inc.
3509 Monegro St
Disclaimers and Disclosures

Public Records Data

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