Hula Strip
For sale860 NE 79th St, Miami, FL 33138
Miami, FL
Miami, located in southeastern Florida, is a vibrant coastal city known for its stunning beaches, diverse cultures, and bustling nightlife. Renowned as a major center for finance, commerce, and international trade, it boasts beautiful weather year-round, making it a popular destination for tourists and locals alike. Miami's unique fusion of Latin American and Caribbean influences shapes its culture, art, and cuisine. The city is also home to a thriving arts scene and is often celebrated for its vibrant festivals and events. With its iconic skyline and beautiful coastal views, Miami is a city that truly captivates.
Recreational Delights
Miami offers a plethora of recreational activities along its stunning coastline and green spaces. Visitors can enjoy sunbathing and swimming at world-renowned beaches such as South Beach and Haulover Beach Park, which are famous for their white sands and turquoise waters. For outdoor enthusiasts, Biscayne National Park offers kayaking, snorkeling, and fishing opportunities amidst its unique marine ecosystems. Parks like Bayfront Park and Virginia Key provide walking trails, picnic spots, and spaces for festivals. The Miami Beach Boardwalk invites joggers and cyclists to enjoy scenic views along the coast, while the Everglades National Park offers airboat tours showcasing its unique wildlife. From watersports to hiking, there's no shortage of activities for residents and tourists alike seeking an active lifestyle.
Culinary Scene
The culinary landscape of Miami is as diverse as its residents, featuring a wide array of cuisines influenced by Latin American, Caribbean, and American flavors. The Little Havana neighborhood is famous for its Cuban food, serving up mouthwatering classics like ropa vieja and traditional sandwiches at spots like Versailles. In the Design District, eclectic restaurants and trendy cafes blend international influences, while Wynwood boasts vibrant street art and a mix of artisanal eateries. Seafood lovers can indulge at iconic destinations like Joe's Stone Crab, renowned for its Florida stone crab claws. Food festivals celebrate the city's culinary diversity, including Miami Spice, showcasing the best of local dining. With a growing emphasis on farm-to-table dining and unique food trends like fusion dishes, Miami remains a culinary hotspot awaiting exploration.
Demographics
- Population growth is steady at ~2.93% (ACS 2023–2024), with households also rising ~2.39%—supportive for expanding CRE demand.
- Working-age concentration is high: ages 25–44 are 157,082 residents (34.17%), the largest age band in Miami.
- Income is lower than the U.S. average: median household income is $62,462 vs $80,734 nationally (about $18,272 less), pointing to affordability/value-oriented market dynamics.
Population
459,745
Growth 2.93%
Households
194,821
Growth 2.39%
Median Age
39.3
US Median Age 38.9
Median Household Income
$62,462
US Median Household Income $80,734
Radius Metrics Highlights in 3-mile radius
152,736
Total population
10%
5 year population growth projection
10,000 - 32,500
Vehicles per day on Northeast 79th Street
57,315
Total households
$32,757
Per capita income
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total population | 15,655 | 152,736 | 461,557 |
| 5 year projected total population | 15,380 | 167,930 | 575,209 |
| Total households | 7,340 | 57,315 | 174,694 |
| Current Median Household Income | $61,604 | $59,969 | $56,864 |
| 5 year projected median household income | $88,717 | $79,326 | $72,998 |
| Current Per Capita Income | $41,003 | $32,757 | $34,559 |
| 5 year projected per capita income | $57,945 | $44,727 | $46,644 |
| Median home value | $370,647 | $356,014 | $329,464 |
Sports
Soccer
Inter Miami CF
Baseball
Miami Marlins
Basketball
Miami Heat
Football
Miami Dolphins
Education
University of Miami, Coral Gables.
Florida International University, University Park.
Miami Dade College, Miami.
Barry University, Miami Shores.
Entertainment
Adrienne Arsht Center for the Performing Arts.
Olympia Theater.
Pérez Art Museum Miami.
Frost Museum of Science.
Quality of Life
Miami enjoys a vibrant and diverse lifestyle, supported by its warm climate, cultural events, and outdoor activities. It offers a unique blend of urban living and coastal relaxation, making it an attractive place to live, work, and visit.
2022 Population by age
5%
0-4 Years
13%
5-19 Years
6%
20-24 Years
34%
25-44 Years
26%
45-64 Years
16%
65+ Years
9%
65+ Years
Employers
$533.7M
Annual GDP
5%
Unemployment rate
12th
Largest economy in U.S.
Employment sectors
Education & Health Services
18%
Government
16%
Trade, Transportation & Utilities
15%
Other (construction, manufacturing, remaining sectors)
15%
Professional & Business Services
14%
Leisure & Hospitality (incl. tourism)
12%
Finance & Real Estate
10%