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 
725 Lenox Ave Multi-family - 10 units or more 7,790 B
745 Lenox Ave Vacant Residential 0 L
719 Lenox Ave Multi-family - less than 10 units 2,023 B
753 Lenox Ave Multi-family - less than 10 units 3,727 B
744 Lenox Ave 6 Condominium 430 B
744 Lenox Ave 1 Condominium 430 B
747 Lenox Ave 3 Condominium 1,410 B
744 Lenox Ave Vacant Residential 0 L
745 Lenox Ave 1 Condominium 2,042 B
747 Lenox Ave 2 Condominium 1,760 B
744 Lenox Ave 3 Condominium 430 B
744 Lenox Ave 4 Condominium 430 B
744 Lenox Ave 5 Condominium 430 B
744 Lenox Ave 2 Condominium 430 B
736 Lenox Ave B8 Condominium 700 B
736 Lenox Ave B7 Condominium 690 B
736 Lenox Ave B5 Condominium 690 B
736 Lenox Ave B6 Condominium 700 B
711 Lenox Ave Multi-family - less than 10 units 2,450 B
765 Lenox Ave Multi-family - 10 units or more 7,984 B
732 Lenox Ave B4 Condominium 670 B
732 Lenox Ave B3 Condominium 675 B
732 Lenox Ave B2 Condominium 670 B
732 Lenox Ave B1 Condominium 675 B
728 Lenox Ave A8 Condominium 700 B
728 Lenox Ave A6 Condominium 700 B
728 Lenox Ave A5 Condominium 690 B
732 Lenox Ave Vacant Residential 0 L
728 Lenox Ave A7 Condominium 690 B
734 Michigan Ave Vacant Residential 0 L
726 Michigan Ave Multi-family - less than 10 units 2,803 B
740 Michigan Ave Multi-family - 10 units or more 5,442 B
716 Michigan Ave Vacant Residential 0 L
800 Lenox Ave 6 Condominium 952 B
800 Lenox Ave 4 Condominium 894 B
800 Lenox Ave 1 Condominium 894 B
800 Lenox Ave 3 Condominium 952 B
800 Lenox Ave 2 Condominium 731 B
800 Lenox Ave 5 Condominium 731 B
724 Lenox Ave A1 Condominium 675 B
724 Lenox Ave A4 Condominium 670 B
724 Lenox Ave A3 Condominium 675 B
724 Lenox Ave A2 Condominium 670 B
705 Lenox Ave Multi-family - 10 units or more 5,522 B
1006 8 St Multi-family - 10 units or more 8,178 B
750 Lenox Ave Multi-family - 10 units or more 7,092 B
1050 7 St 1050-2 Condominium 856 B
1050 7 St 1050-4 Condominium 621 B
1050 7 St 1050-1 Condominium 922 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

Zil Communications, Inc
750 Michigan Ave Suite #305
Libazi Miami Deco Fla LLC
845 -847-849 Michigan Ave
Vip Concierge LLC
840 Michigan Ave
Michigan Art Villa Inc.
840 Michigan Ave
Arkamix,LLC
734 Michigan Ave #2
Maliza Investment Group, LLC
710 Michigan Ave
Talent4change, Inc.
710 Michigan Ave
Flavia Eternod, P.A
716 Michigan Ave
721 Michigan Hotel LLC
721 Michigan Ave
Iceberg 721 LLC
721 Michigan Ave
Mom Thyme LLC
636 Michigan Ave
Akari Group LLC
734 Michigan Ave
Harennah Designs, LLC
830 Michigan Ave
Just To Please You, LLC
830 Michigan Ave
Mbk Photo LLC
814 Michigan Ave
Mavevil 201 LLC
747 Michigan Ave
Mavevil 204 LLC
747 Michigan Ave
Sanlorin, Inc
736 Lenox Ave
Rdp Agency LLC
732 Lenox Ave
Jac 711, LLC
711 Lenox Ave
Pink Pork Investmens LLC
1040 7th Street Apt 2
Shop237 Inc
1035 7th St
Dgo Realty Investments, LLC
716 Michigan Ave
Eximius Inc
750 Michigan Ave
Rei Miami Inc.
716 Michigan Ave Apt 202
El Venexian Inc.
747 Lenox Ave
Antigua Tours, LLC
744 Lenox Ave
Colorflo Painting, LLC
753 Lenox Ave
Lenox Condo, LLC
753 Lenox Ave
K. Wilson Projects Inc
760 Lenox Ave
Havana Strategies LLC
737 Lenox Ave
Habanalive LLC
737 Lenox Ave
Solvers United LLC
737 Lenox Ave
Terapia Productions LLC
737 Lenox Ave
Chuchamguito LLC
745 Lenox Ave
Drago 1512 LLC
745 Lenox Ave
Bull 1512 LLC
745 Lenox Ave
Animiami, LLC
800 Lenox Ave
Jeishoe LLC
1045 8th St
Histobiotec LLC
817 Lenox Ave
Beach Bummer Trading LLC
835 Lenox Ave
Tavel Inc.
835 Lenox Ave
801 Alton Road LLC
801 Alton Rd
Antony 710 Inc.
710 Lenox Ave
Harmony Villa Inc.
724 728 732 736 Lenox Ave
Flawless Lounge LLC
728 Lenox Ave
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Public Records Data

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