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 
816 Madrid St Single Family 1,716 A
826 Madrid St Single Family 2,322 A
810 Madrid St Single Family 1,440 A
821 El Rado St Single Family 1,920 B
817 El Rado St Single Family 1,860 B
825 El Rado St Single Family 1,765 B
832 Madrid St Single Family 1,884 A
815 El Rado St Single Family 2,021 A
829 El Rado St Single Family 1,717 B
825 Madrid St Single Family 1,546 A
817 Madrid St Single Family 1,614 A
827 Madrid St Single Family 1,726 A
833 El Rado St Single Family 1,544 B
5410 Sw 8 St Vacant Commercial 0 L
813 Madrid St Single Family 1,466 A
836 Madrid St Single Family 1,606 A
833 Madrid St Single Family 1,371 A
5430 Sw 8 St Mixed use - store and office or store and residential or residential combination 4,909 B
837 El Rado St Single Family 1,644 A
820 El Rado St Single Family 1,596 B
816 El Rado St Single Family 1,700 B
840 Madrid St Single Family 1,592 A
824 El Rado St Single Family 1,433 B
1260 San Miguel Ave Single Family 1,475 A
1261 San Miguel Ave Single Family 1,639 A
812 El Rado St Single Family 1,696 B
837 Madrid St Single Family 1,863 A
801 Madrid St Mixed use - store and office or store and residential or residential combination 13,933 B
828 El Rado St Single Family 1,345 B
901 El Rado St Single Family 1,161 B
5434 Sw 8 St Store, one story 3,379 B
902 Madrid St Single Family 1,547 A
1261 Aguila Ave Single Family 1,569 A
1256 San Miguel Ave Single Family 1,555 A
1257 San Miguel Ave Single Family 2,307 A
5442 Sw 8 St Store, one story 2,638 B
900 El Rado St Single Family 3,793 A
905 El Rado St Single Family 1,295 B
1255 Aguila Ave Single Family 1,574 A
821 Lisbon St Single Family 1,681 A
5256 Sw 8 St Office building, non-professional service building, one story 3,987 B
817 Lisbon St Single Family 2,048 A
1252 San Miguel Ave Single Family 1,567 A
825 Lisbon St Single Family 1,689 A
910 Madrid St Single Family 1,963 A
5331 Sw 8 St Store, one story 8,476 B
813 Lisbon St Single Family 1,685 A
829 Lisbon St Single Family 1,410 A
1264 Aguila Ave Single Family 2,143 A

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.

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%.

Nearby Companies

Carsmartt, Inc.
5246 Sw 8 St
Z L Spa LLC
5319 Sw 8th St
Onze Aesthetics LLC
816 El Rado St
Pego International Corp.
5407 Sw 8 Street
I Loro12 LLC
801 Madrid St
Drstefu Ventures LLC
801 Madrid St
Wedo Medical Center Corp
801 Madrid St
Cremations America, LLC
801 Madrid St
Myx Collections LLC
801 Madrid St
Repara Vida LLC
801 Madrid St
Tharos Corp
801 Madrid St
Latin Sabor LLC
801 Madrid St
J P Valves & Fittings Corp
801 Madrid Street Ste 5
Backlot 305 LLC
801 Madrid Street #1
Xci, LLC
5345 Sw 8 Street
Jewish Solidarity Inc.
5345 Sw 8 Street
Xael Charters, Inc.
5345 Sw 8 Street
Pasarela Beauty Salon, Inc
5339 Sw 8 Street
Azul Holdings Group, LLC
1410 San Marco Ave
Mjg Fotos LLC
1410 San Marco Ave
Vj Medical LLC
1407 San Marco
Globus Reach LLC
813 Lisbon St
Klabco LLC
919 Lisbon St
Blau Circle LLC
919 Lisbon St
Biscayne 34, LLC
820 Madrid St
Northwest 130 LLC
820 Madrid St
Woodland 32 LLC
820 Madrid St
Casita550 LLC
820 Madrid St
Ayala Management LLC
826 Madrid St
Floor B, LLC
836 Madrid St
Silvia Home Design, LLC
914 Madrid St
Sach Technologies LLC
915 Madrid St
Pinta Carioca LLC
915 Madrid St
Los Ochoa 8a Investors LLC
1260 Aguila Ave
8a Capital 1 LLC
1260 Aguila Ave
Gables Architecture, Pllc
1249 Aguila Ave
Hope Street Capital Partners LLC
1248 San Miguel Ave
855 Investments, LLC.
855 Sw 5 5t
Vida Counseling Group, Pllc
5455 Sw 8 Street
Cabo Family Holdings, LLC
5455 Sw 8th Street #135
Lighting Paradise, LLC
5455 Sw 8th Street #135
Dragon Lamps LLC
5455 Sw 8 St
Paradise Investments A & D, L.L.C.
5455 Sw 8 Street Suite 135
Paradise Management A & D, L.L.C.
5455 Sw 8 Street Suite 135
Rigoberto Reguero Corp.
5450 Sw 8th St
De Toro Holdings, LLC
5434 S W 8th St
Disclaimers and Disclosures

Public Records Data

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