16266 Sw 97 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 | |
|---|---|---|---|---|
| 16262 Sw 97 Ter | Condominium | 1,499 | B |
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| 16258 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16274 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16254 Sw 97 Ter | Condominium | 1,499 | B |
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| 16278 Sw 97 Ter | Condominium | 1,499 | B |
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| 16282 Sw 97 Ter | Condominium | 1,499 | B |
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| 16261 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16265 Sw 97 Ter | Condominium | 1,499 | B |
|
| 16257 Sw 97 Ter | Condominium | 1,499 | B |
|
| 16269 Sw 97 Ter | Condominium | 1,456 | B |
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| 16273 Sw 97 Ter | Condominium | 1,499 | B |
|
| 16286 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16246 Sw 97 Ter | Condominium | 1,499 | B |
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| 16253 Sw 97 Ter | Condominium | 1,499 | B |
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| 16277 Sw 97 Ter | Condominium | 1,499 | B |
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| 16249 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16290 Sw 97 Ter | Condominium | 1,499 | B |
|
| 16242 Sw 97 Ter | Condominium | 1,456 | B |
|
| 16260 Sw 97 St | Condominium | 1,456 | B |
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| 16264 Sw 97 St | Condominium | 1,499 | B |
|
| 16245 Sw 97 Ter | Condominium | 1,499 | B |
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| 16256 Sw 97 St | Condominium | 1,499 | B |
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| 16268 Sw 97 St | Condominium | 1,456 | B |
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| 16272 Sw 97 St | Condominium | 1,499 | B |
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| 16252 Sw 97 St | Condominium | 1,499 | B |
|
| 16238 Sw 97 Ter | Condominium | 1,499 | B |
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| 16276 Sw 97 St | Condominium | 1,499 | B |
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| 16241 Sw 97 Ter | Condominium | 1,456 | B |
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| 16248 Sw 97 St | Condominium | 1,456 | B |
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| 16234 Sw 97 Ter | Condominium | 1,499 | B |
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| 16237 Sw 97 Ter | Condominium | 1,499 | B |
|
| 16244 Sw 97 St | Condominium | 1,499 | B |
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| 9732 Sw 162 Path | Condominium | 1,499 | B |
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| 16251 Sw 99 St | Public county school | 95,665 | B |
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| 16240 Sw 97 St | Condominium | 1,499 | B |
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| 9722 Sw 162 Path | Condominium | 1,499 | B |
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| 16230 Sw 97 Ter | Condominium | 1,456 | B |
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| 9712 Sw 162 Path | Condominium | 1,456 | B |
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| 16236 Sw 97 St | Condominium | 1,456 | B |
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| 9741 Sw 163 Ave | Condominium | 1,480 | B |
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| 9731 Sw 163 Ave | Condominium | 1,790 | B |
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| 9702 Sw 162 Path | Condominium | 1,499 | B |
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| 9721 Sw 163 Ave | Condominium | 1,480 | B |
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| 9711 Sw 163 Ave | Condominium | 1,530 | B |
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| 16259 Sw 97 St | Condominium | 1,499 | B |
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| 16263 Sw 97 St | Condominium | 1,456 | B |
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| 9721 Sw 162 Ct | Condominium | 1,499 | B |
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| 16255 Sw 97 St | Condominium | 1,456 | B |
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| 16267 Sw 97 St | Condominium | 1,499 | 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 42 of all properties in this area. This suggests it would appeal to someone earning around $58,003 per year who should qualify for a mortgage between $116,006 and $145,008.
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 42 of all properties in this area. This corresponds to a rent of $1,271 per month and a monthly household income of $3,506 ($42,072 per year)
Nearby Companies
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1855 Ne 163 Street
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1426 Ne 163 St
2020 Ne 163 Street
2020 Ne 163 Street
2020 Ne 163 Street
2155 Ne 163 Street
1282 Ne 163 St
9034 Sw 163 Terrace
7913 Nw 163 Terrace
2821 Ne 163 St
2821 Ne 163 St
13881 Sw 163 Terrace
1820 Ne 163 Street
1820 Ne 163 Street
14304 Sw 163 Terr
262 Ne 163 Street
262 Ne 163 Street
2020 Ne 163 St Ste 300
3137 Ne 163 St
3137 Ne 163 St
3137 Ne 163 St
2069 Ne 163 St
2069 Ne 163 St
3455 Ne 163 St
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2903 Ne 163 Rd St
2903 Ne 163 Rd St
1651 Ne 163 Street
2069 Ne 163 Street
16278 Sw 97 Terrace
16266 Sw 97 Ter
16266 Sw 97 Ter
16237 Sw 97th Ter
16242 Sw 97 Ter
9712 Sw 162nd Path
6084 Sw 163 Place
6084 Sw 163 Place
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
1600 Nw 163 Street
16325 Sw 97th Ter
16314 Sw 97 St
16316 Sw 97th Ter
16304 Sw 97 St
9731 Sw 163rd Ave