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 
120 Cadima Ave Single Family 2,012 A
106 Cadima Ave Single Family 1,358 B
2801 Sw 38 Ct Multi-family - less than 10 units 2,378 B
122 Cadima Ave Single Family 1,176 A
100 Cadima Ave Single Family 2,007 A
2800 Sw 38 Ct Single Family 1,529 C
111 Cadima Ave Multi-family - less than 10 units 1,628 A
2809 Sw 38 Ct Multi-family - less than 10 units 1,436 B
117 Cadima Ave Single Family 1,144 A
124 Cadima Ave Single Family 1,833 A
2812 Sw 38 Ct Single Family 3,195 B
96 Cadima Ave Single Family 1,000 A
119 Cadima Ave Single Family 1,088 A
105 Cadima Ave Single Family 1,474 A
2821 Sw 38 Ct Multi-family - less than 10 units 2,378 B
125 Cadima Ave Single Family 1,118 A
2820 Sw 38 Ct Multi-family - less than 10 units 1,659 B
130 Cadima Ave Single Family 2,269 A
92 Cadima Ave Single Family 1,564 A
2810 Sw 38 Ave Multi-family - less than 10 units 2,963 B
129 Cadima Ave Single Family 2,302 A
2805 Sw 39 Ave Multi-family - less than 10 units 1,174 B
2818 Sw 38 Ave Multi-family - less than 10 units 2,273 B
2829 Sw 38 Ct Multi-family - less than 10 units 3,155 B
110 Aledo Ave Single Family 1,025 A
2830 Sw 38 Ct Multi-family - less than 10 units 1,228 B
106 Aledo Ave Single Family 1,046 A
134 Cadima Ave Single Family 1,498 A
120 Aledo Ave Single Family 1,160 A
2815 Sw 39 Ave Multi-family - less than 10 units 2,906 B
102 Aledo Ave Single Family 1,242 A
2822 Sw 38 Ave Multi-family - less than 10 units 1,480 B
88 Cadima Ave Single Family 1,153 A
135 Cadima Ave Single Family 2,201 A
3515 Monegro St Single Family 1,232 A
124 Aledo Ave Single Family 2,329 A
2821 Sw 39 Ave Multi-family - less than 10 units 1,262 B
2835 Sw 38 Ct Multi-family - less than 10 units 3,024 B
2840 Sw 38 Ct Multi-family - less than 10 units 1,696 B
2830 Sw 38 Ave Multi-family - less than 10 units 5,362 B
3509 Monegro St Single Family 1,376 A
128 Aledo Ave Single Family 2,604 A
2825 Sw 39 Ave Multi-family - less than 10 units 1,388 B
3505 Monegro St Single Family 1,295 A
2841 Sw 38 Ct Single Family 1,281 C
2850 Sw 38 Ct Single Family 3,224 B
2838 Sw 38 Ave Multi-family - less than 10 units 2,232 B
3601 Ponce De Leon Blvd Multi-family - less than 10 units 2,256 B
3515 Ponce De Leon Blvd Multi-family - less than 10 units 2,227 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 54 of all properties in this area. This suggests it would appeal to someone earning around $84,369 per year who should qualify for a mortgage between $168,738 and $210,923.

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 54 of all properties in this area. This corresponds to a rent of $1,259 per month and a monthly household income of $3,540 ($42,480 per year)

Nearby Companies

Design With Light, LLC
128 Aledo Ave
Dranga Services LLC
102 Aledo Ave
Jrm Project Management Consultants LLC
3633 Ponce De Leon Blvd
Cristina Tellechea LLC
3617 Ponce De Leon Blvd
Lfa Consulting, Inc.
3607 Ponce De Leon Blvd
Lluria Fine Art Services, Inc.
3617 Ponce De Leon Blvd
Investments Swc Xxi LLC
2821 Sw 39th Ave
Compass Maintenance LLC
2823 Sw 38 Ct
2820 Sw 38th Court, LLC
2820 Sw 38th Ct
Eag Sales, Inc.
92 Cadima Ave
Valuflor, Inc.
3509 Monegro St
Shulterbrondt Services LLC
902 Sheeler Oaks Dr
Wt Tile & Marble Inc
2838 Sw 38th Ave
Image Me LLC
2851 Sw 38th Ct
Exeqpath LLC
2853 Sw 38th Ct
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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