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 
1610 Cortez St Single Family 1,401 B
1611 Cortez St Single Family 1,689 B
1619 Cortez St Single Family 1,478 B
813 Sorolla Ave Single Family 4,286 B
810 Milan Ave Single Family 1,670 A
806 Milan Ave Single Family 2,386 A
814 Milan Ave Single Family 1,345 A
1701 Cortez St Single Family 1,809 B
802 Milan Ave Multi-family - less than 10 units 2,049 A
818 Milan Ave Single Family 1,172 A
740 Mendoza Ave Single Family 2,537 B
1610 Costado St Single Family 1,640 B
822 Milan Ave Single Family 1,566 A
1700 Cortez St Single Family 1,867 B
1705 Cortez St Single Family 1,983 A
826 Milan Ave Single Family 1,771 A
821 Sorolla Ave Single Family 7,921 B
808 Sorolla Ave Single Family 3,009 B
4591 Sw 16 St Single Family 1,457 B
1700 Costado St Single Family 1,606 B
1713 Cortez St Multi-family - less than 10 units 3,259 A
828 Milan Ave Single Family 2,492 A
809 Milan Ave Single Family 1,633 A
813 Milan Ave Single Family 1,628 A
805 Milan Ave Single Family 1,621 A
816 Sorolla Ave Single Family 2,726 A
817 Milan Ave Single Family 1,677 A
801 Milan Ave Single Family 1,468 A
1710 Cortez St Single Family 2,691 B
821 Milan Ave Single Family 2,519 A
1710 Costado St Single Family 1,520 B
4579 Sw 16 St Single Family 1,739 B
732 Mendoza Ave Single Family 1,086 B
1717 Cortez St Single Family 1,781 B
825 Milan Ave Single Family 1,744 A
820 Sorolla Ave Single Family 1,914 A
1535 Cortez St Single Family 1,780 B
731 Zamora Ave Single Family 1,652 B
833 Sorolla Ave Single Family 2,129 B
1699 Pizarro St Single Family 1,992 B
1714 Costado St Single Family 2,036 B
838 Milan Ave Single Family 2,764 A
829 Milan Ave Single Family 1,797 A
801 Obispo Ave Single Family 2,942 B
813 Obispo Ave Single Family 2,098 A
4579 Sw 15 Ter Single Family 1,600 B
810 Messina Ave Multi-family - less than 10 units 1,339 A
1719 Cortez St Single Family 2,726 B
824 Sorolla Ave Single Family 3,154 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.

The tax assessed value of this property places it in percentile 68 of all properties in this area. This suggests it would appeal to someone earning around $119,455 per year who should qualify for a mortgage between $238,910 and $298,638.

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 68 of all properties in this area. This corresponds to a rent of $1,445 per month and a monthly household income of $3,994 ($47,928 per year)

Nearby Companies

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Best Of Me Counseling & Therapy LLC
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Connectfarm, LLC
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Cormaia Bro Inc
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Camemf Transportation LLC
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Shefa 1 Inc
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Bao & Asociados, LLC
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Inversiones Ortigal, LLC
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Depa One, LLC
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Garcia-Serra Family, LLC
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Leisure Times Chartering LLC
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Montesco, Inc
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Scarlett Joy Inc
C/O Castro & Ramirez Llc
Gallardo Architecture, Inc
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Rapid Auto Parts, Inc.
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Addikai Doral (Usa) LLC.
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Aequitas, LLC
C/O 600 Biltmore Way
Fiduciary Trust International Of The South
2 Alhambra Plaza Penthouse 1-A
Garden Islands International, LLC
C/O Steven C Cronig
Red Wheelbarrow, Inc.
Corporate Office
8125 Nw 54th Avenue LLC
C/O Cristina De Oliveira Esq
Gdi Park Avenue, LLC
C/O 2100 Ponce De Leon Blvd
Corporate Real Estate Solutions, LLC
Corporate Real Estate Solutions Llc 1
Decrea, LLC
C/O Avi S Tryson
Casa Miami Corporation
Galego Law Group
S-Park Consulting, Inc.
C/O Berenthal & Associates Pa
Postcard Investment Group LLC
C/O Colbert-Boue And Associates Llp
Liquidlofts, LLC
C/O Mcardle & Perez Pa
Xentec, Inc.
C/O Fs&A
Pentac, Inc.
C/O Fs&A
Mtz Alexander, LLC
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Church & Tower, Inc.
800 S Douglas Rd Penthouse
Ccm Investment Holding Co.
800 S Douglas Rd Penthouse
Mastec Venezuela, Inc.
800 S Douglas Rd Penthouse
Mastec Spain, Inc.
800 S Douglas Rd Penthouse
Mastec Brazil I, Inc.
800 S Douglas Rd Penthouse
Mastec Brazil Ii, Inc.
800 S Douglas Rd Penthouse
Obm Invest LLC
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Fivero LLC
C/O Alan K Fertel Esq
Coqui (Usa) #3, LLC
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Rife, LLC
Goldstein Schechter Price Lucas Horwitz
Hallotex Usa LLC
% Jm Martinez Cpa
Lupo Leone LLC
C/O Fs&A 250 Catalonia Ave Ste 600
Doral Leone LLC
C/O Fs&A 250 Catalonia Ave Ste 600
250 Aragon Condominium Association, Inc.
C/O City Of Coral Gables
Depa Enterprises, LLC
C/O Fs&A 250 Catalonia Ave
Picadilly Investment, LLC
C/O Fs&A 250 Catalonia Ave
Inversiones Bond 305, LLC
C/O Fs&A 250 Catalonia Ave
Depa Capital, LLC
C/O Fs&A 250 Catalonia Ave
Depa Brickell, LLC
C/O Fs&A 250 Catalonia Ave
6421 Estate, LLC
Estarellas Properties Llc
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C/O Delphinus Holdings Inc
Nsigma Power LLC
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Hollywood 402, LLC
C/O 396 Alhambra Circle Suite 900
Gente Music Us LLC
C/O 396 Alhambra Circle Suite 900
Mfb Management Corp
C/O 396 Alhambra Circle Suite 900
Cp Holdings, LLC
C/O 2555 Ponce De Leon Blvd
New Hosco Investments (Fla), LLC
C/O Jennifer A Marques Pa
Tribune Light (Usa), LLC
C/O Jennifer A Marques Pa
Calulu Mei (Usa) LLC
C/O Jennifer A Marques Pa
Cornyellow (Usa), LLC.
C/O Jennifer A Marques Pa
Boleton Assets (500 Brickell), LLC
C/O Jennifer A Marques Pa
Duifken Point (Usa) LLC
C/O Jennifer A Marques Pa
Cajuva Paseo LLC
C/O Jennifer A Marques Pa
One Way (High Pines) Ii, LLC
C/O Jennifer A Marques Pa
Codina Tamaya, LLC
2020 Salzedo Streeet 5th Floor
Nexproperties LLC
430 Valencia Ave
Pasco Bnk Investors, Dbt
C/O Dale Graff
Ha26, LLC
C/O 255 Alhambra Cir
Kitu Investment, Inc.
Kitu Investment Inc
Jca 301, Inc.
Jca 301 Inc
Kjaj Holdings L.L.C.
Juan Carlos-Acevedo-Crespo Md
Talaker Corporation
C/O Arazoza & Fenandez-Fraga Pa
Robert G. Corirossi, P.A.
C/O Robert G Corirossi
Nma Usa, Inc.
Two Alhambra Plaza Penthouse 1b
Jeb Bush & Associates, LLC
The Biltmore Hotel
Kuter, S.A.
Kuter Sa
Hfh Realty Capital, LLC
C/O 255 Alhambra Circle Suite 500
Eji Realty Capital, LLC
C/O 255 Alhambra Circle Suite 500
Samag International, LLC
C/O 255 Alhambra Circle Suite 500
Mpj Real Estate Holdings LLC
C/O 255 Alhambra Circle Suite 500
Unit 506 Tdr Tower I LLC
C/O 255 Alhambra Circle Suite 500
Maclo Steel Company, LLC
C/O 255 Alhambra Circle Suite 500
Wi 1005 LLC
C/O 255 Alhambra Circle Suite 500
Vacas Holding LLC
C/O 255 Alhambra Circle Suite 500
Daklianh LLC
C/O 255 Alhambra Circle Suite 500
Herza Group LLC
C/O 255 Alhambra Circle Suite 500
Blankenese Inc.
C/O 255 Alhambra Circle Suite 500
Tao 2000, LLC
% Goldstein Schechter Koch
El Mamey Corporation
C/O Humberto Mendez
Twin Travel, Inc.
% Aurora Machado
Alibel Investments LLC
C/O Weiss Serota Et Al
Terra Beachside Villas Ii, LLC
Douglas Entrance 806 South Douglas Rd
Bsg Development Corp.
Douglas Entrance 806 South Douglas Rd
Versailles - De Toro, Inc.
5434 & 5436 Sw 8th St
Arkwing Enterprises, Inc.
C/O Armando Hernandez
Maria L. Bermudez, P.A.
C/O Maria L Bermudez
Walsol International, L.L.C.
C/O 255 University Dr
Voss Properties, LLC
C/O 255 Alhambra Cir
Rolizroliz,LLC
C/O 255 Alhambra Cir
Leones Pishar, LLC
C/O 255 Alhambra Cir
Silver Squares LLC
C/O 255 Alhambra Cir
San Nicolas, LLC
C/O 255 Alhambra Cir
703toc, LLC
C/O 255 Alhambra Cir
Vento Holding Investments LLC
C/O 255 Alhambra Cir
Ridge Holding Investments LLC
C/O 255 Alhambra Cir
Migan Holding Investments LLC
C/O 255 Alhambra Cir
Red Hawk Rebar LLC.
C/O 255 Alhambra Cir
Hills Market International LLC
C/O 255 Alhambra Cir
Hills Fintech Managment LLC
C/O 255 Alhambra Cir
Intac Enterprises, Inc.
C/O 255 Alhambra Cir
Bluesouth, Inc.
C/O 255 Alhambra Cir
Blue Christopher, Inc.
C/O 255 Alhambra Cir
Blue-Quail, Inc.
C/O 255 Alhambra Cir
Blue - Royal, Inc.
C/O 255 Alhambra Cir
Palace 4902, Inc.
C/O 255 Alhambra Cir
Frar Corporation
C/O 255 Alhambra Cir
Simon 1401 Corp.
C/O 255 Alhambra Cir
Porto Vita Holdings, Corp.
C/O Arazoza & Fernandez-Fraga Pa
Seafood Trading Corporation
C/O Arazoza & Fernandez-Fraga Pa
Cjm Real Estate Investments, LLC
3211 Ponce De Leon Blvds Uite 301
9066, LLC
2614 Ponce De Leon Blvd Penthouse 1
Sevilla Associates, LLC
C/O Kerdyk Real Est
Wahlstrom Associates, Inc.
% Kim P Wahlstrom
Paradise Trucking Corp
4261-Sw-12 St
Iescaribe Inc.
% Salazar-Carrillo Jorge
Terra Beachside Villas, LLC
Douglas Entrance 806 Douglas Rd
Cabana On Collins, L.L.C.
Douglas Entrance 806 Douglas Rd
Breakupward, LLC
C/O 2605 Ponce De Leon Blvd
Carlos A. Sabates, M.D., P.A.
% Carlos A Sabates Md
Elite Title Services, Inc.
% Jorge V De Ona
La Pampa Beach, Inc.
C/O Leonardo D Gravier
Out A Mind, Ltd.
121 Alhambra Plaza Ph I Suite 1600
Ypo Fellowship Foundation, Inc.
121 Alhambra Plaza Ph I Suite 1600
Southern Skyway Property, Inc.
Southern Skyway Prop
Mastec Residential Services, LLC
800 Douglas Road Penthouse
Mastec Latin America Holdings, LLC
800 Douglas Road Penthouse
Mas Family Foundation Inc.
800 Douglas Road Penthouse
Rc Investments, LLC
Ae Garcia Pa 2121 Pomce De Leon Blvd
Toro Realty, Inc.
% Eugenio M Fernandez
Dasilco Usa Corp.
C/O Jorge Galvez-Priegopa
Longwater Dollar, LLC
1610 Costado St
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