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:

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 
1547 Se 24 Ct 226 Condominium 1,302 B
1542 Se 24 Ct 215 Condominium 1,423 B
1546 Se 24 Ct 217 Condominium 1,423 B
1545 Se 24 Ct 227 Condominium 1,423 B
1543 Se 24 Ct 228 Condominium 1,302 B
1544 Se 24 Ct 216 Condominium 1,302 B
1539 Se 24 Ct 230 Condominium 1,423 B
1540 Se 24 Ct 214 Condominium 1,423 B
1541 Se 24 Ct 229 Condominium 1,423 B
1537 Se 24 Ct 231 Condominium 1,302 B
1536 Se 24 Ct 212 Condominium 1,423 B
1538 Se 24 Ct 213 Condominium 1,302 B
1535 Se 24 Ct 232 Condominium 1,423 B
1528 Se 24 Ct 209 Condominium 1,423 B
1532 Se 24 Ct 211 Condominium 1,423 B
1530 Se 24 Ct 210 Condominium 1,302 B
1529 Se 24 Ct 233 Condominium 1,423 B
1523 Se 24 Ct 236 Condominium 1,302 B
1524 Se 24 Ct 207 Condominium 1,423 B
1525 Se 24 Ct 235 Condominium 1,423 B
1527 Se 24 Ct 234 Condominium 1,302 B
1526 Se 24 Ct 208 Condominium 1,302 B
1522 Se 24 Ct 206 Condominium 1,302 B
1520 Se 24 Ct 205 Condominium 1,423 B
1519 Se 24 Ct 238 Condominium 1,302 B
1517 Se 24 Ct 239 Condominium 1,423 B
1521 Se 24 Ct 237 Condominium 1,423 B
1593 Se 24 Ct 224 Condominium 1,423 B
1597 Se 24 Ct 222 Condominium 1,423 B
1595 Se 24 Ct 223 Condominium 1,302 B
2461 Se 16 Ter 202 Condominium 1,182 B
2461 Se 16 Ter 201 Condominium 1,182 B
2460 Se 16 Ter 100 Condominium 1,060 B
2460 Se 16 Ter 101 Condominium 914 B
2460 Se 16 Ter 203 Condominium 930 B
2460 Se 16 Ter 200 Condominium 1,076 B
2461 Se 16 Ter 200 Condominium 1,076 B
2460 Se 16 Ter 202 Condominium 930 B
2461 Se 16 Ter 101 Condominium 1,166 B
2461 Se 16 Ter 100 Condominium 1,060 B
2460 Se 16 Ter 105 Condominium 1,060 B
2461 Se 16 Ter 103 Condominium 1,060 B
2460 Se 16 Ter 204 Condominium 930 B
2461 Se 16 Ter 102 Condominium 1,166 B
2460 Se 16 Ter 103 Condominium 914 B
2460 Se 16 Ter 205 Condominium 1,076 B
2461 Se 16 Ter 203 Condominium 1,076 B
2460 Se 16 Ter 102 Condominium 914 B
2460 Se 16 Ter 201 Condominium 930 B

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

Lamp Painting Brothers Corp
1543 Se 25 Street
Nicole Clay Russell LLC
1536 Se 25 Street
Steper LLC
2465 Se 15th Pl
Agrandans Corp
2465 Se 15th Pl
Disclaimers and Disclosures

Public Records Data

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