Float
227 NE 2nd St 12th Floor, Miami, FL 33132
Miami, Florida, United States
Address
City: Miami
Neighborhood: Downtown Miami
State: Florida
Postal Code: 33132
Country: United States
Business facts
Estimated annual revenue~$1.1M
Estimated employees~15
Estimated wage bill~$515.3K
In business since2023 (est.)
Estimate based on strong signals
Area statistics (33132)
Population17,136
Median household income$101,518
Source: US Census ACS
About
Float is located in Miami, Florida. This business is working in the following industry: American restaurants.
🍷
Drinks
Yes
📅
Reservations
Yes
🚻
Restroom
Yes
Market analysis
Earning above its category median in a growing category (American restaurants).
EstimateCategory trend: 2024, +4.1%
Revenue trend (modeled)
~$686.1K2019
~$529.9K2020
~$780.4K2021
~$929.8K2022
~$1.0M2023
~$1.1M2024
Modeled from official industry statistics+9.4%/yr since 201980% confidence band: ±42%
Property
Lot size0.28 acres
CountyMiami_dade
On this lotshared with 14 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| American restaurants in Florida | 11,430 | ~$14.5B | ~$1.3M | ~$808.9K | 4.3★ | 1.3× |
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure1,246 chains expanding in this category, led by Dunkin, Starbucks, 7-Eleven (+8,528 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 888 | ~$1.7B | ~$1.9M | ~$735.4K | 4,746 | ~$433.5M | 1.5× |
| Accommodation and food service activities | 136 | ~$286.3M | ~$2.1M | — | 1,658 | — | — |
1 km area (all businesses): median from the 757 of 888 businesses with estimates
Estimate
Area conditions (33132)
Population17,136 ±1,384
Median household income$101,518 ±$7,893
Median home value$535,900
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS