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 
439 Alhambra Cir Single Family 2,825 B
446 Alcazar Ave Single Family 2,499 B
438 Alcazar Ave Single Family 2,077 A
434 Alcazar Ave Single Family 2,545 A
431 Alhambra Cir Single Family 2,245 B
500 Alcazar Ave Single Family 2,733 B
501 Alhambra Cir Single Family 7,123 A
430 Alcazar Ave Single Family 1,046 A
442 Alhambra Cir Single Family 2,121 B
446 Alhambra Cir Single Family 2,368 A
438 Alhambra Cir Single Family 2,024 B
427 Alhambra Cir Multi-family - less than 10 units 2,731 A
434 Alhambra Cir Single Family 3,273 A
500 Alhambra Cir Single Family 2,856 A
447 Alcazar Ave Single Family 3,090 A
443 Alcazar Ave Single Family 1,638 B
430 Alhambra Cir Single Family 2,383 A
422 Alcazar Ave Single Family 2,998 B
504 Alhambra Cir Single Family 1,945 B
439 Alcazar Ave Single Family 1,604 B
423 Alhambra Cir Single Family 2,300 A
512 Alcazar Ave Single Family 1,675 A
435 Alcazar Ave Single Family 1,554 B
501 Alcazar Ave Single Family 2,011 B
447 Giralda Ave Single Family 1,912 A
443 Giralda Ave Single Family 2,999 A
431 Alcazar Ave Single Family 2,076 B
510 Alhambra Cir Single Family 2,480 B
426 Alhambra Cir Single Family 2,387 B
419 Alhambra Cir Single Family 2,445 A
435 Giralda Ave Single Family 1,316 B
516 Alcazar Ave Single Family 1,638 B
509 Alcazar Ave Single Family 1,607 B
418 Alcazar Ave Single Family 1,454 B
501 Giralda Ave Single Family 2,337 B
427 Alcazar Ave Single Family 1,745 A
519 Alhambra Cir Single Family 1,429 A
446 Minorca Ave Single Family 1,848 B
427 Giralda Ave Single Family 1,985 B
438 Minorca Ave Single Family 1,904 B
513 Alcazar Ave Single Family 1,626 A
415 Alhambra Cir Single Family 2,190 A
500 Minorca Ave Single Family 2,935 A
434 Minorca Ave Single Family 1,226 B
520 Alhambra Cir Single Family 3,350 A
520 Alcazar Ave Single Family 1,099 A
414 Alcazar Ave Single Family 2,041 B
504 Minorca Ave Single Family 1,287 A
414 Alhambra Cir Single Family 1,873 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 80 of all properties in this area. This suggests it would appeal to someone earning around $172,246 per year who should qualify for a mortgage between $344,492 and $430,615.

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 80 of all properties in this area. This corresponds to a rent of $1,661 per month and a monthly household income of $4,611 ($55,332 per year)

Nearby Companies

Deka Trading Corp.
6819 Nw 84 Avenue
Zachary Soto, P.A.
445 Alhambra Cir
Anizz LLC
525 Alhambra Cir
3923 Segovia Street, LLC
501 Alhambra Cir
Vintage Cars Of Florida LLC
501 Alhambra Cir
Wolfe Estates, LLC
500 Alcazar Ave
Gatewayfarms Holdings LLC
500 Alcazar Ave
Palm Drive Orchard LLC
500 Alcazar Ave
Casa Larios LLC
500 Alcazar Ave
Royd'S LLC
500 Alcazar Ave
Royd Lemus Consulting Corp
500 Alcazar Ave
Freixas Media, Inc
446 Minorca Ave
Aquarela Group LLC
442 Alhambra Cir
Vivendi Ventures Inc.
536 Alhambra Cir
From The Source, L.L.C.
500 Alhambra Cir
Disclaimers and Disclosures

Public Records Data

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