16111 Sw 147 Ln, Unincorporated County
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 | |
|---|---|---|---|---|
| 16091 Sw 147 Ln | Single Family | 2,195 | B |
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| 16131 Sw 147 Ln | Single Family | 3,098 | B |
|
| 16106 Sw 147 St | Single Family | 2,248 | B |
|
| 16116 Sw 147 St | Single Family | 2,520 | B |
|
| 16046 Sw 147 St | Single Family | 2,208 | B |
|
| 16071 Sw 147 Ln | Single Family | 2,193 | B |
|
| 16151 Sw 147 Ln | Single Family | 2,195 | B |
|
| 16126 Sw 147 St | Single Family | 2,216 | B |
|
| 16112 Sw 147 Ln | Single Family | 2,232 | B |
|
| 16092 Sw 147 Ln | Single Family | 2,817 | B |
|
| 16036 Sw 147 St | Single Family | 2,817 | B |
|
| 16132 Sw 147 Ln | Single Family | 3,098 | B |
|
| 16072 Sw 147 Ln | Single Family | 1,868 | B |
|
| 16051 Sw 147 Ln | Single Family | 3,098 | B |
|
| 16136 Sw 147 St | Single Family | 2,193 | B |
|
| 16171 Sw 147 Ln | Single Family | 3,098 | B |
|
| 16152 Sw 147 Ln | Single Family | 2,195 | B |
|
| 16026 Sw 147 St | Single Family | 2,208 | B |
|
| 16052 Sw 147 Ln | Single Family | 1,868 | B |
|
| 14673 Sw 161 Ct | Single Family | 2,524 | B |
|
| 16031 Sw 147 Ln | Single Family | 2,193 | B |
|
| 16172 Sw 147 Ln | Single Family | 2,193 | B |
|
| 16146 Sw 147 St | Single Family | 2,193 | B |
|
| 16113 Sw 148 Ter | Single Family | 2,193 | B |
|
| 16093 Sw 148 Ter | Single Family | 2,488 | B |
|
| 16115 Sw 147 St | Single Family | 2,507 | B |
|
| 16133 Sw 148 Ter | Single Family | 2,195 | B |
|
| 16073 Sw 148 Ter | Single Family | 2,195 | B |
|
| 16032 Sw 147 Ln | Single Family | 2,193 | B |
|
| 16016 Sw 147 St | Single Family | 2,193 | B |
|
| 16125 Sw 147 St | Single Family | 2,186 | B |
|
| 16153 Sw 148 Ter | Single Family | 2,193 | B |
|
| 14672 Sw 160 Ct | Single Family | 2,495 | B |
|
| 16053 Sw 148 Ter | Single Family | 2,193 | B |
|
| 14653 Sw 161 Ct | Single Family | 2,193 | B |
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| 16156 Sw 147 St | Single Family | 2,193 | B |
|
| 16011 Sw 147 Ln | Single Family | 2,817 | B |
|
| 14762 Sw 161 Pl | Single Family | 2,817 | B |
|
| 16135 Sw 147 St | Single Family | 3,046 | B |
|
| 16173 Sw 148 Ter | Single Family | 2,488 | B |
|
| 16012 Sw 147 Ln | Single Family | 2,817 | B |
|
| 16033 Sw 148 Ter | Single Family | 2,195 | B |
|
| 16006 Sw 147 St | Single Family | 2,208 | B |
|
| 14652 Sw 160 Ct | Single Family | 3,046 | B |
|
| 14654 Sw 161 Ct | Single Family | 2,193 | B |
|
| 14772 Sw 161 Pl | Single Family | 3,027 | B |
|
| 14782 Sw 161 Pl | Single Family | 1,868 | B |
|
| 14633 Sw 161 Ct | Single Family | 2,193 | B |
|
| 16166 Sw 147 St | Single Family | 2,831 | B |
|
Local Household Income
The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,010 per year. The top 10% earn more than $161,932 per year. The top 1% earn more than $467,603 per year. Most renters earn between $34,968 (20th percentile) and $56,340 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.
The tax assessed value of this property places it in percentile 88 of all properties in this area. This suggests it would appeal to someone earning around $149,735 per year who should qualify for a mortgage between $299,470 and $374,338.
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 $1,340. Most renters earn between $2,914 and $4,695 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,722 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 88 of all properties in this area. This corresponds to a rent of $1,877 per month and a monthly household income of $5,149 ($61,788 per year)
Nearby Companies
14696 Sw 161 Pl
14762 Sw 161 Pl
14635 Sw 161st Pl
14635 Sw 161st Pl
16125 Sw 147 Street
16106 Sw 147 St
14654 Sw 161 Ct
13623 Sw 161 Ct
16026 Sw 147 St
14612 Sw 160th Ct
16051 Sw 147th Ln
16031 Sw 147 Lane
1132 Jambalana Dr
14782 Sw 161 Pl
16151 Sw 147th Ln
16112 Sw 147 Lane
16114 Sw 148 Terr
16014 Sw 148 Terrace