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 
725 Sevilla Ave Single Family 3,923 B
740 Biltmore Ct Vacant Residential 0 L
730 Sevilla Ave Single Family 2,533 A
724 Sevilla Ave Single Family 1,615 A
721 Sevilla Ave Single Family 4,051 B
736 Sevilla Ave Single Family 2,851 A
732 Almeria Ave Single Family 4,068 B
742 Sevilla Ave Single Family 2,727 A
718 Sevilla Ave Single Family 3,292 A
2705 Anderson Rd Single Family 1,912 A
715 Sevilla Ave Single Family 4,068 B
727 Biltmore Ct Condominium 1,680 B
727 Palermo Ave Single Family 1,635 A
748 Sevilla Ave Single Family 2,416 A
722 Almeria Ave Single Family 4,069 B
733 Palermo Ave Single Family 2,107 A
721 Palermo Ave Single Family 1,573 A
727 Almeria Ave Multi-family - less than 10 units 4,205 B
731 Almeria Ave Multi-family - less than 10 units 3,752 B
712 Sevilla Ave Single Family 1,922 A
741 Palermo Ave Single Family 2,223 A
725 Biltmore Ct Condominium 1,090 B
715 Palermo Ave Single Family 3,197 A
735 Almeria Ave Multi-family - less than 10 units 6,084 B
2730 Cardena St Single Family 4,036 B
743 Almeria Ave Multi-family - less than 10 units 3,229 B
747 Palermo Ave Single Family 1,808 A
2720 Cardena St Single Family 4,036 B
723 Biltmore Ct Condominium 1,460 B
707 Palermo Ave Single Family 1,652 A
700 Sevilla Ave Single Family 1,594 A
2615 Anderson Rd Multi-family - less than 10 units 2,078 A
2720 Anderson Rd Single Family 2,228 A
2710 Anderson Rd Single Family 1,771 A
2700 Anderson Rd Single Family 2,279 A
2611 Anderson Rd Multi-family - less than 10 units 2,304 A
701 Palermo Ave Single Family 2,647 A
802 Sevilla Ave Single Family 1,885 A
730 Palermo Ave Single Family 1,242 A
726 Valencia Ave Vacant Residential 4,138 L
724 Palermo Ave Single Family 1,910 A
645 Sevilla Ave Single Family 2,195 A
736 Palermo Ave Single Family 2,048 A
740 Valencia Ave Vacant Residential 4,122 L
718 Palermo Ave Single Family 1,512 A
740 Palermo Ave Single Family 2,046 A
2605 Anderson Rd Multi-family - less than 10 units 3,171 B
718 Valencia Ave Vacant Residential 4,106 L

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

Fathom Partners LLC
2730 Cardena St
181 Stanley Holdings, LLC
2730 Cardena St
Quevedo 446 Barracuda, LLC
725 Sevilla Ave
Quevedo 66th Street, LLC
725 Sevilla Ave
Quevedo 40 Street, LLC
725 Sevilla Ave
Quevedo 188 Street LLC
725 Sevilla Ave
Argos Properties, LLC
802 Sevilla Ave
Deban International, LLC
802 Sevilla Ave
Disclaimers and Disclosures

Public Records Data

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