1607 Se 24 Ct 218, Homestead
Miami-Dade County Real Estate - Homestead
Homestead is in South East Florida. It's population as recorded in the 2010 Census was 60,512.
The median age for residents of Homestead is 29.1. Around 49.8% of Homestead households include school aged children and 15.4% of households include individuals aged 65 years or over. Census records indicate 66.8% of the Homestead population are White, 20.3% are Black or African American, .4% American Indian, 1.1% Asian and 3.7% are Two or more Races. Homestead has a significant Hispanic population. 62.9% (38,078) of Homestead residents are of Hispanic or Latino origin. Of these 24.45% are of Mexican origin, 13.61% Puerto Rican, 25.01% Cuban and 36.91% are of other Hispanic or Latino origin.
There are 23,419 housing units in Homestead. 4,423 (18.8%) of these were reported as vacant in the 2010 Census. There are 13,138 residential rental units in Homestead. 11,202 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.
Homestead links:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1601 Se 24 Ct 221 | Condominium | 1,302 | B |
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| 1603 Se 24 Ct 220 | Condominium | 1,423 | B |
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| 1605 Se 24 Ct 219 | Condominium | 1,302 | B |
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| 1600 Se 24 Ct | Condominium | 1,876 | B |
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| 1606 Se 24 Ct | Condominium | 1,992 | B |
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| 1612 Se 24 Ct | Condominium | 1,992 | B |
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| 1618 Se 24 Ct | Condominium | 1,992 | B |
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| 1610 Se 23 Way | Condominium | 1,787 | B |
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| 1624 Se 24 Ct | Condominium | 1,992 | B |
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| 1616 Se 23 Way | Condominium | 1,616 | B |
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| 1622 Se 23 Way | Condominium | 1,616 | B |
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| 1630 Se 24 Ct | Condominium | 1,992 | B |
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| 1628 Se 23 Way | Condominium | 1,787 | B |
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| 1636 Se 24 Ct | Condominium | 1,876 | B |
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| 1634 Se 23 Way | Condominium | 1,787 | B |
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| 1648 Se 24 Ct | Condominium | 1,876 | B |
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| 1640 Se 23 Way | Condominium | 1,616 | B |
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| 1603 Se 23 Way | Condominium | 1,787 | B |
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| 1609 Se 23 Way | Condominium | 2,044 | B |
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| 1615 Se 23 Way | Condominium | 1,616 | B |
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| 1654 Se 24 Ct | Condominium | 1,992 | B |
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| 1621 Se 23 Way | Condominium | 1,616 | B |
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| 1627 Se 23 Way | Condominium | 1,787 | B |
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| 1652 Se 23 Way | Condominium | 2,044 | B |
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| 1633 Se 23 Way | Condominium | 1,787 | B |
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| 1658 Se 23 Way | Condominium | 1,787 | B |
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| 1666 Se 24 Ct | Condominium | 1,992 | B |
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| 1639 Se 23 Way | Condominium | 1,876 | B |
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| 1645 Se 23 Way | Condominium | 1,616 | B |
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| 1672 Se 24 Ct | Condominium | 1,992 | B |
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| 1651 Se 23 Way | Condominium | 1,616 | B |
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| 1678 Se 24 Ct | Condominium | 1,992 | B |
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| 1657 Se 23 Way | Condominium | 2,058 | B |
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| 1684 Se 24 Ct | Condominium | 1,992 | B |
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| 1663 Se 23 Way | Condominium | 1,787 | B |
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| 1602 Se 23 Path | Condominium | 1,787 | B |
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| 1608 Se 23 Path | Condominium | 2,044 | B |
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| 1614 Se 23 Path | Condominium | 2,058 | B |
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| 2390 Se 17 Ter | Condominium | 1,787 | B |
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| 1620 Se 23 Path | Vacant Residential | 0 | B | |
| 1626 Se 23 Path | Condominium | 2,044 | B |
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| 2388 Se 17 Ter | Condominium | 2,058 | B |
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| 1690 Se 24 Ct | Condominium | 1,876 | B |
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| 1632 Se 23 Path | Condominium | 2,044 | B |
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| 1638 Se 23 Path | Condominium | 2,058 | B |
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| 2386 Se 17 Ter | Condominium | 2,044 | B |
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| 1644 Se 23 Path | Condominium | 1,787 | B |
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| 2384 Se 17 Ter | Condominium | 2,058 | B |
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| 2382 Se 17 Ter | Condominium | 1,616 | B |
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Local Household Income
The median household income in this part of Florida is $59,750. The bottom 10% of the population earn less than $15,113 per year. The top 10% earn more than $164,280 per year. The top 1% earn more than $542,576 per year. Most renters earn between $26,844 (20th percentile) and $59,088 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,500 and $149,375.
The tax assessed value of this property places it in percentile 12 of all properties in this area. This suggests it would appeal to someone earning around $17,401 per year who should qualify for a mortgage between $34,802 and $43,503.
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 $1,192. Most renters earn between $2,237 and $4,924 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 12 of all properties in this area. This corresponds to a rent of $619 per month and a monthly household income of $1,751 ($21,012 per year)
Nearby Companies
1690 Se 24 Court
2388 Se 17th Ter
2388 Se 17th Ter
2388 Se 17th Ter
1657 Se 23rd Way
1602 Se 23rd Path
1623 Se 23rd Path