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 
8115 Sw 163 Ct Single Family 2,416 B
8102 Sw 163 Ave Single Family 2,086 B
8127 Sw 163 Ct Single Family 2,924 B
8118 Sw 163 Ave Single Family 1,742 B
16315 Sw 81 St Single Family 2,392 B
16311 Sw 81 St Single Family 2,147 B
8112 Sw 163 Ct Single Family 2,086 B
8100 Sw 163 Ct Single Family 2,565 B
8134 Sw 163 Ave Single Family 1,770 B
8124 Sw 163 Ct Single Family 1,837 B
8139 Sw 163 Ct Single Family 2,644 B
16319 Sw 81 St Single Family 2,147 B
16307 Sw 81 St Single Family 2,660 B
8136 Sw 163 Ct Single Family 2,356 B
8150 Sw 163 Ave Single Family 2,102 B
16303 Sw 81 St Single Family 2,145 B
16323 Sw 81 St Single Family 2,081 B
8151 Sw 163 Ct Single Family 2,102 B
8148 Sw 163 Ct Single Family 2,672 B
8125 Sw 163 Pl Single Family 1,770 B
8133 Sw 163 Pl Single Family 1,974 B
8105 Sw 163 Ave Single Family 2,171 B
8166 Sw 163 Ave Single Family 1,765 B
8141 Sw 163 Pl Single Family 1,743 B
16279 Sw 81 St Single Family 2,601 B
8121 Sw 163 Ave Single Family 2,125 B
8117 Sw 163 Pl Single Family 2,660 B
16327 Sw 81 St Single Family 3,052 B
8149 Sw 163 Pl Single Family 2,099 B
8137 Sw 163 Ave Single Family 1,766 B
8160 Sw 163 Ct Single Family 2,292 B
8163 Sw 163 Ct Single Family 2,013 B
8153 Sw 163 Ave Single Family 2,137 B
8157 Sw 163 Pl Single Family 1,770 B
8182 Sw 163 Ave Single Family 2,227 B
16275 Sw 81 St Single Family 2,714 B
8172 Sw 163 Ct Single Family 2,088 B
16331 Sw 81 St Single Family 2,147 B
8175 Sw 163 Ct Single Family 2,013 B
8169 Sw 163 Ave Single Family 2,147 B
8165 Sw 163 Pl Single Family 1,837 B
8100 Sw 162 Path Single Family 2,145 B
8120 Sw 162 Path Single Family 1,724 B
16271 Sw 81 St Single Family 3,027 B
8140 Sw 162 Path Single Family 2,102 B
8184 Sw 163 Ct Single Family 1,742 B
8173 Sw 163 Pl Single Family 2,446 B
8198 Sw 163 Ave Single Family 2,147 B
8185 Sw 163 Ave Single Family 2,445 B

Local Household Income

The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.

The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $120,905 per year who should qualify for a mortgage between $241,810 and $302,263.

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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,846 per month and a monthly household income of $4,567 ($54,804 per year)

Nearby Companies

Vilanova Services, Inc.
8160 Sw 162 Path
Mari Bk, LLC
16407 Sw 81 Terrace
Tiff Bk, LLC
16407 Sw 81 Terrace
Pena Bk, LLC
16407 Sw 81 Terrace
La Luxury Realty, Inc.
16311 Sw 81st St
M&Dr Builders, Inc.
16315 Sw 81st St
Paccha Cc, LLC
16335 Sw 81 St
Oriental Investments, L.L.C.
16279 Sw 81st St
Mandarin Investments, LLC
16279 Sw 81st St
Koveled International Corp
16275 Sw 81 Street
Orsini Aba For Autism Inc.
8210 Sw 163rd Pl
Muzig, LLC
8175 Sw 163rd Ct
Sunset Breeze, LLC
8175 Sw 163rd Ct
El Transporter 24/7 LLC
16324 Sw 82 Street
Alara Travel Corporation
8182 Sw 163 Avenue
Ll & M Trucking Inc.
8141 Sw 163rd Pl
Sucasaenmiami.Com, Inc.
8139 Sw 163 Ct
Fresco Prints Inc
8134 Sw 163 Ave
Macbar Transport Inc
8134 Sw 163 Ave
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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