16565 Sw 101 Ter, 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 | |
|---|---|---|---|---|
| 16575 Sw 101 Ter | Single Family | 2,385 | B |
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| 16555 Sw 101 Ter | Single Family | 2,196 | B |
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| 10101 Sw 166 Ave | Single Family | 2,822 | B |
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| 10106 Sw 165 Ct | Single Family | 2,597 | B |
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| 10061 Sw 166 Ave | Single Family | 2,597 | B |
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| 10056 Sw 165 Ct | Single Family | 2,597 | B |
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| 16570 Sw 101 Ter | Single Family | 2,597 | B |
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| 16560 Sw 101 Ter | Single Family | 2,044 | B |
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| 16580 Sw 101 Ter | Single Family | 2,737 | B |
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| 16605 Sw 101 Ter | Single Family | 2,148 | B |
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| 16550 Sw 101 Ter | Single Family | 2,044 | B |
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| 10041 Sw 166 Ave | Single Family | 2,597 | B |
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| 10036 Sw 165 Ct | Single Family | 2,044 | B |
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| 16600 Sw 101 Ter | Single Family | 2,822 | B |
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| 16540 Sw 101 Ter | Single Family | 2,609 | B |
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| 10108 Sw 166 Ave | Single Family | 2,597 | B |
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| 16640 Sw 101 Ter | Single Family | 2,737 | B |
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| 10135 Sw 165 Ct | Single Family | 2,617 | B |
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| 10125 Sw 165 Ct | Single Family | 2,597 | B |
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| 10115 Sw 165 Ct | Single Family | 2,597 | B |
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| 10058 Sw 166 Ave | Single Family | 2,148 | B |
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| 16610 Sw 101 Ter | Single Family | 2,148 | B |
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| 16625 Sw 101 Ter | Single Family | 2,672 | B |
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| 10038 Sw 166 Ave | Single Family | 2,044 | B |
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| 10075 Sw 165 Ct | Single Family | 2,148 | B |
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| 16620 Sw 101 Ter | Single Family | 2,117 | B |
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| 10055 Sw 165 Ct | Single Family | 2,148 | B |
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| 10103 Sw 166 Ct | Single Family | 2,597 | B |
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| 16630 Sw 101 Ter | Single Family | 2,609 | B |
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| 16645 Sw 101 Ter | Single Family | 2,597 | B |
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| 10063 Sw 166 Ct | Single Family | 2,737 | B |
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| 16565 Sw 100 Ter | Single Family | 2,666 | B |
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| 16575 Sw 100 Ter | Single Family | 2,737 | B |
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| 16585 Sw 100 Ter | Single Family | 2,372 | B |
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| 16555 Sw 100 Ter | Single Family | 2,685 | B |
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| 10043 Sw 166 Ct | Single Family | 2,148 | B |
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| 16605 Sw 100 Ter | Single Family | 2,199 | B |
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| 16615 Sw 100 Ter | Single Family | 2,379 | B |
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| 16545 Sw 100 Ter | Single Family | 2,044 | B |
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| 16625 Sw 100 Ter | Single Family | 2,720 | B |
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| 10100 Sw 164 Pl | Single Family | 2,148 | B |
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| 10118 Sw 164 Pl | Single Family | 2,737 | B |
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| 16530 Sw 99 Ln | Single Family | 1,809 | B |
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| 16534 Sw 99 Ln | Single Family | 1,809 | B |
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| 16650 Sw 101 Ter | Single Family | 2,148 | B |
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| 10094 Sw 164 Pl | Single Family | 2,597 | B |
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| 16635 Sw 100 Ter | Single Family | 2,737 | B |
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| 16526 Sw 99 Ln | Single Family | 1,809 | B |
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| 16538 Sw 99 Ln | Single Family | 1,809 | B |
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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 89 of all properties in this area. This suggests it would appeal to someone earning around $155,782 per year who should qualify for a mortgage between $311,564 and $389,455.
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 89 of all properties in this area. This corresponds to a rent of $1,929 per month and a monthly household income of $5,199 ($62,388 per year)
Nearby Companies
10075 Sw 165 Ct
10075 Sw 165 Ct
16333 Sw 100th Ter
16333 Sw 100th Ter
10070 Sw 166 Ct
10110 Sw 166th Ct
10103 Sw 166 Ct
10120 Sw 166th Ct
16640 Sw 101 Terrace
16640 Southwest 101st Ter
10370 Sw 166th Ct
16575 Sw 100 Terrace
16575 Sw 101st Ter