Miami-Dade County Real Estate - Miami Beach

Miami Beach is a resort city located on a series of barrier islands located between Biscayne Bay and the Atlantic Ocean.  The city's main economic driver is tourism and it has a population of approximately 88,000.  The city's origins lie in the 1870 purchase of the land by Henry and Charles Lum.  The land was purchased for 25 cents an acre and its development continued in the following decades with the planting of coconut, avocado, and various other fruit plantations.  Chartered in March 1915, Miami Beach became a city in 1917.

Miami Beach exists in four different zip codes 33139, 33140, and 33141.  The main three neighborhoods in Miami Beach are South Beach, Mid Beach, and North Beach.  South Beach covers most of the 33139 zip code, Mid-Beach exists in both 33140 and parts of 33139, and North beach covers both the 33140 and 33141 zip codes.

South beach is the biggest and most populous neighborhood in Miami beach.  It has a population of approximately 39,000.  South Beach is known for its status as a popular entertainment destination, as it is home to many upmarket restaurants, hotels, and nightclubs.  South Beach's major thoroughfare, Ocean Drive, is the center of the famous Miami Art Deco district.  The road starts at Miami Beach's southernmost point, South Pointe Park, and runs north through the city stopping at 15th street.

Mid-Beach is Miami Beach's smallest and least populous section, home to about 10,000 people.  The area is mostly residential, and its most notable neighborhoods include Oceanfront, Bayshore, and Nautilus.  Mid-Beach is known for being home to a series of high-end houses known as millionaire's row.

The northernmost section of Miami Beach, North Beach, is home to approximately 28,000 residents.  North Beach's most populous neighborhood, Isles of Normandy, is located on the eastern shore of Biscayne Bay.  It has a population of approximately 9,000.  Other neighborhoods located in this section of the city include Biscayne Pointe and La Gorce.

Miami Beach is among the fastest growing cities in the US.  Its location and residents have created a subculture unique to Miami Beach and distinct from that of Miami.  Spanish is a first language for more than half of Miami Beach's citizens, as 53% of the city's population is made up of Latin American immigrants and their descendants.  Non-hispanic caucasians account for about 40% of the population and the remaining 7% of the population is made up of African and Aisian Americans, as well as mixed raced citizens.

Miami Beach is in South East Florida. It's population as recorded in the 2010 Census was 87,779.

The median age for residents of Miami Beach is 40.3. Around 14.9% of Miami Beach households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 87.3% of the Miami Beach population are White, 4.3% are Black or African American, .2% American Indian, 1.8% Asian and 2.6% are Two or more Races. Miami Beach has a significant Hispanic population. 53% (46,564) of Miami Beach residents are of Hispanic or Latino origin. Of these 3.32% are of Mexican origin, 6.96% Puerto Rican, 37.79% Cuban and 51.91% are of other Hispanic or Latino origin.

There are 67,499 housing units in Miami Beach. 20,331 (30.1%) of these were reported as vacant in the 2010 Census. Miami Beach is a tourist destination, 58.9% (11,988) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 33,960 residential rental units in Miami Beach. 28,974 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Miami Beach 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 
2001 Collins Ave 303 Condominium 625 B
2001 Collins Ave 214 Condominium 586 B
2001 Collins Ave 503 Condominium 625 B
2001 Collins Ave 603 Condominium 625 B
2001 Collins Ave 703 Condominium 1,015 B
2001 Collins Ave 204 Condominium 597 B
2001 Collins Ave 304 Condominium 597 B
2001 Collins Ave 404 Condominium 597 B
2001 Collins Ave 504 Condominium 597 B
2001 Collins Ave 604 Condominium 597 B
2001 Collins Ave 704 Condominium 820 B
2001 Collins Ave 205 Condominium 627 B
2001 Collins Ave 305 Condominium 627 B
2001 Collins Ave 405 Condominium 627 B
2001 Collins Ave 505 Condominium 627 B
2001 Collins Ave 605 Condominium 627 B
2001 Collins Ave 314 Condominium 586 B
2001 Collins Ave 414 Condominium 586 B
2001 Collins Ave 514 Condominium 586 B
2001 Collins Ave 614 Condominium 586 B
2001 Collins Ave 714 Condominium 586 B
2001 Collins Ave 215 Condominium 591 B
2001 Collins Ave 315 Condominium 591 B
2001 Collins Ave 415 Condominium 591 B
2001 Collins Ave 515 Condominium 591 B
2001 Collins Ave 615 Condominium 591 B
2001 Collins Ave 715 Condominium 591 B
2001 Collins Ave 307 Condominium 594 B
2001 Collins Ave 407 Condominium 594 B
2001 Collins Ave 507 Condominium 594 B
2001 Collins Ave 707 Condominium 1,144 B
2001 Collins Ave 208 Condominium 647 B
2001 Collins Ave 308 Condominium 647 B
2001 Collins Ave 408 Condominium 647 B
2001 Collins Ave 511 Condominium 662 B
2001 Collins Ave 611 Condominium 662 B
2001 Collins Ave 711 Condominium 662 B
2001 Collins Ave 212 Condominium 586 B
2001 Collins Ave 312 Condominium 586 B
2001 Collins Ave 412 Condominium 586 B
2001 Collins Ave 612 Condominium 586 B
2001 Collins Ave 712 Condominium 586 B
2001 Collins Ave 213 Condominium 684 B
2001 Collins Ave 313 Condominium 684 B
2001 Collins Ave 413 Condominium 684 B
2001 Collins Ave 513 Condominium 684 B
2001 Collins Ave 613 Condominium 684 B
2001 Collins Ave 713 Condominium 1,781 B
2001 Collins Ave 403 Condominium 625 B

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,115 per year. The top 10% earn more than $176,321 per year. The top 1% earn more than $695,784 per year. Most renters earn between $28,044 (20th percentile) and $55,728 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $129,087 per year who should qualify for a mortgage between $258,174 and $322,718.

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 $1,035. Most renters earn between $2,337 and $4,644 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,624 per month and a monthly household income of $4,939 ($59,268 per year)

Nearby Companies

Skl Housing LLC
101 20th St
Setai 2302, LLC
101 20th St
Miami 100-6102, LLC.
101 20th St
Setai 3804 Owners, LLC
101 20th St #3804
Setai 1802 LLC
101 20th St #1802
Catd Holding Inc
101 20th St
Roes Company LLC
101 20th St
Setai 2904 Corp.
101 20th St
Julian Cohen Re, Inc.
101 20th St
Ocorp Holding LLC
101 20th Street #3204
Diskomokai, LLC
2001 Collins Ave
Wrist Aficionado Miami LLC
2001 Collins Ave
Setai Hotel Acquisition LLC
2001 Collins Ave
Sans Souci 27, LLC
337 20 St Apt 207
Sylvano Inc.
1925 Liberty Ave
Jv Global Inc
1920 Liberty Ave
1941 Market, LLC.
1941 Liberty Ave
Mira South Beach LLC
1900 Collins Ave
Lennox Miami Corp
1900 Collins Ave
1941 Liberty LLC
230 20th St
The New Rok, LLC
1905 Collins Ave
1906 Collins, LLC
1906 Collins Ave
Baoli America Group Corp.
1906 Collins Ave
Ottoman Restaurant, Inc.
1903 Collins Ave
Cabana Show LLC
1931 Collins Ave
Mynt Holding Company, LLC
1921 Collins Ave
Townhouse Hotel, LLC
150 20th St
Kutasi LLC
150 20th St
Bagatelle Miami Management, LLC
2000 Collins Ave Suite 2
West Benidorm LLC
101 20th Street Unit 2208
3208 Wolverine LLC
101 20th St
Deco Beach Inns, Ltd.
1850 Collins Ave
Volatour, Inc.
1850 Collins Ave
Moreno'S Cuba 1 LLC
1850 Collins Ave
Mb Group Entertainment Corp
1826 Collins Ave
Tambo Films Inc.
1850 Collins Ave Suite 163
Hitw South Beach LLC
300 21st St
Think Hospitality LLC
236 21st St
Thinkitalian LLC
236 21st St
Concessionario LLC
2000 Collins Ave
Hennah International LLC
2000 Collins Ave
Charles St. LLC
2000 Collins Ave
Boulan Hotel LLC
220 21st St
Raspoutine Miami LLC
220 21st St
305boulansouth, LLC
220 21st St
Disclaimers and Disclosures

Public Records Data

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