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 
1244 Ocean Dr Hotel or motel 19,123 B
1220 Ocean Dr Vacant Residential 0 L
1250 Ocean Dr 4d Condominium 717 B
1250 Ocean Dr 4c Condominium 935 B
1250 Ocean Dr 4b Condominium 1,046 B
1250 Ocean Dr 4a Condominium 2,007 B
1250 Ocean Dr 3g Condominium 1,023 B
1250 Ocean Dr 3f Condominium 894 B
1250 Ocean Dr 3e Condominium 705 B
1250 Ocean Dr 3d Condominium 717 B
1250 Ocean Dr 3c Condominium 935 B
1250 Ocean Dr 3b Condominium 1,046 B
1250 Ocean Dr 3a Condominium 2,007 B
1250 Ocean Dr 2n Condominium 1,387 B
1250 Ocean Dr 2m Condominium 625 B
1250 Ocean Dr 2l Condominium 904 B
1250 Ocean Dr 2k Condominium 1,025 B
1250 Ocean Dr 4e Condominium 705 B
1250 Ocean Dr 4f Condominium 894 B
1250 Ocean Dr Ph2 Condominium 2,867 B
1250 Ocean Dr Ph1 Condominium 2,789 B
1220 Ocean Dr 803 Hotel or motel 604 B
1220 Ocean Dr 202 Hotel or motel 610 B
1220 Ocean Dr 302 Hotel or motel 610 B
1220 Ocean Dr 402 Hotel or motel 610 B
1220 Ocean Dr 502 Hotel or motel 610 B
1220 Ocean Dr 703 Hotel or motel 604 B
1220 Ocean Dr 603 Hotel or motel 604 B
1220 Ocean Dr 503 Hotel or motel 604 B
1220 Ocean Dr 403 Hotel or motel 604 B
1220 Ocean Dr 303 Hotel or motel 604 B
1220 Ocean Dr 203 Hotel or motel 604 B
1220 Ocean Dr 804 Hotel or motel 593 B
1220 Ocean Dr 704 Hotel or motel 593 B
1220 Ocean Dr 604 Hotel or motel 593 B
1220 Ocean Dr 504 Hotel or motel 593 B
1220 Ocean Dr 404 Hotel or motel 593 B
1220 Ocean Dr 304 Hotel or motel 593 B
1220 Ocean Dr 204 Hotel or motel 593 B
1220 Ocean Dr Ph901 Hotel or motel 1,256 B
1220 Ocean Dr 705 Hotel or motel 576 B
1220 Ocean Dr 605 Hotel or motel 576 B
1220 Ocean Dr 405 Hotel or motel 576 B
1220 Ocean Dr 305 Hotel or motel 576 B
1220 Ocean Dr 205 Hotel or motel 576 B
1220 Ocean Dr Ph903 Hotel or motel 2,100 B
1220 Ocean Dr 706 Hotel or motel 539 B
1220 Ocean Dr 506 Hotel or motel 539 B
1220 Ocean Dr 606 Hotel or motel 539 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.

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%.

Nearby Companies

1300 Ocean Drive, LLC
1300 Ocean Dr
Yuca Restaurant Company
1300 Ocean Dr
Ventura Capital One, LLC
1320 Ocean Dr
Alpha Magic Inc.
1320 Ocean Dr
Scarlet Begonias, LLC
1330 Ocean Dr
Scarlet Fire, LLC
1330 Ocean Dr
Netherland Mazz, LLC
1330 Ocean Dr
Magneto LLC
1330 Ocean Dr
Finnegan'S Way, Inc.
1344 Ocean Dr
Oceans Shore Rentals LLC
1330 Ocean Dr
Jdgc LLC
1255 Collins Ave Apt 306
1233 Collins Management Inc
1233 Collins Ave
1244 Ocean Drive LLC
1244 Ocean Dr
Taxi Plus Inc
1255 Collins Ave
Efay Enterprises, Inc.
1255 Collins Ave
Primopianotv Florida, Inc.
5255 Collins Ave
1300 Collins, LLC
1300 Collins Ave
Gotham Enterprises 702, L.C.
1300 Collins Ave
Jameck Development, Inc.
1300 Collins Ave
Haviart, LLC
1300 Collins Ave
Schlesser 702 LLC
1300 Collins Ave
Schlesser 1300 LLC
1300 Collins Ave
Food For You Inc.
1300 Collins Ave
Hu Design Inc.
1300 Collins Ave
Garden Bay 1250, LLC
1330 Collins Ave 1
Bay View Place, LLC
1330 Collins Avenue #1
1330 Collins, LLC
1330 Collins Avenue # 1
1346 Alton, LLC
1330 Collins Ave
South Beach West, LLC
1330 Collins Ave
1035 Group LLC
1330 Collins Ave
Mastro Stretch LLC
1357 Collins Ave
1131 Kent, LLC
1131 Collins Ave
Balkan Florida, LLC
1131 Collins Ave
City Massage, LLC
1144 Ocean Dr
Alisa Ocean Star LLC
1144 Ocean Dr
Bombay Bistro Inc
232 12th St
Corphousing LLC
1200 Ocean Dr
Sobeny Partners LLC
1200 Ocean Dr
S-Be Rentals LLC
1200 Ocean Dr
Cg Tides Fb Venture LLC
1220 Ocean Dr
Miami Sun Management LLC
1230 Ocean Dr
1250 Ocean Drive, LLC
1250 Ocean Dr
Eaas, LLC
1250 Ocean Dr
Icy-N-Spicy LLC.
1250 Ocean Dr
Il Giardino, LLC
1236 Ocean Dr
Olya LLC
1236 Ocean Dr
Newgen Solutions Inc
1236 Ocean Dr
Hookah Shisha Inc
1236 Ocean Dr
S & G Operating LLC
1300 Collins Avenue Suite 100
Beach Rose Development LLC
1300 Collins Ave Suite 100
Mz Events, Inc
1300 Collins Ave
Perfection Travel Corp
1300 Collns Ave
Webster Usa Inc.
1220 Collins Ave
Laure Hd LLC
1220 Collins Ave
The Webster Us LLC
1220 Collins Ave
1220 Collins Avenue LLC
1220 Collins Ave
Azco Investments, LLC
1238 Collins Ave
Limited X, LLC
1238 Collins Ave
1238 Collins Ave. Corp.
1238 Collins Ave
Disclaimers and Disclosures

Public Records Data

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