10027 Sw 163 Ave, 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 | |
|---|---|---|---|---|
| 10037 Sw 163 Ave | Single Family | 1,844 | B |
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| 10017 Sw 163 Ave | Single Family | 1,844 | B |
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| 10007 Sw 163 Ave | Single Family | 1,844 | B |
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| 10047 Sw 163 Ave | Single Family | 1,294 | B |
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| 10026 Sw 162 Path | Single Family | 1,679 | B |
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| 10016 Sw 162 Path | Single Family | 1,844 | B |
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| 10036 Sw 162 Path | Single Family | 1,844 | B |
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| 10006 Sw 162 Path | Single Family | 1,844 | B |
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| 9987 Sw 163 Ave | Single Family | 1,294 | B |
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| 10028 Sw 163 Ave | Single Family | 1,294 | B |
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| 10046 Sw 162 Path | Single Family | 1,679 | B |
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| 10018 Sw 163 Ave | Single Family | 1,294 | B |
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| 9986 Sw 162 Path | Single Family | 1,711 | B |
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| 9966 Sw 162 Path | Single Family | 1,844 | B |
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| 16306 Sw 100 Ter | Single Family | 1,774 | B |
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| 16300 Sw 100 Ter | Single Family | 1,810 | B |
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| 16312 Sw 100 Ter | Single Family | 1,277 | B |
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| 16296 Sw 100 Ter | Single Family | 1,277 | B |
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| 16318 Sw 100 Ter | Single Family | 1,277 | B |
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| 16290 Sw 100 Ter | Single Family | 1,810 | B |
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| 16284 Sw 100 Ter | Single Family | 1,277 | B |
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| 16324 Sw 100 Ter | Single Family | 1,277 | B |
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| 10025 Sw 162 Path | Single Family | 1,844 | B |
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| 10035 Sw 162 Path | Single Family | 1,294 | B |
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| 10015 Sw 162 Path | Single Family | 1,711 | B |
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| 16278 Sw 100 Ter | Single Family | 1,617 | B |
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| 16301 Sw 99 Ter | Single Family | 1,294 | B |
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| 10005 Sw 162 Path | Single Family | 1,294 | B |
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| 16330 Sw 100 Ter | Single Family | 1,810 | B |
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| 16307 Sw 99 Ter | Single Family | 1,844 | B |
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| 16297 Sw 99 Ter | Single Family | 1,294 | B |
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| 9985 Sw 162 Path | Single Family | 1,294 | B |
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| 16313 Sw 99 Ter | Single Family | 1,294 | B |
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| 16272 Sw 100 Ter | Single Family | 1,277 | B |
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| 16291 Sw 99 Ter | Single Family | 1,711 | B |
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| 16266 Sw 100 Ter | Single Family | 1,277 | B |
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| 16319 Sw 99 Ter | Single Family | 1,711 | B |
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| 9965 Sw 162 Path | Single Family | 1,844 | B |
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| 16285 Sw 99 Ter | Single Family | 1,294 | B |
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| 16260 Sw 100 Ter | Single Family | 1,810 | B |
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| 16279 Sw 99 Ter | Single Family | 1,294 | B |
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| 16342 Sw 100 Ter | Single Family | 1,277 | B |
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| 16254 Sw 100 Ter | Single Family | 1,277 | B |
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| 10034 Sw 162 Pl | Single Family | 1,294 | B |
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| 10024 Sw 162 Pl | Single Family | 1,294 | B |
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| 16273 Sw 99 Ter | Single Family | 1,711 | B |
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| 10014 Sw 162 Pl | Single Family | 1,294 | B |
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| 10004 Sw 162 Pl | Single Family | 1,711 | B |
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| 16248 Sw 100 Ter | Single Family | 1,810 | 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 52 of all properties in this area. This suggests it would appeal to someone earning around $70,717 per year who should qualify for a mortgage between $141,434 and $176,793.
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 52 of all properties in this area. This corresponds to a rent of $1,363 per month and a monthly household income of $3,712 ($44,544 per year)
Nearby Companies
10036 Sw 162 Path
10025 Sw 162 Path
16212 Sw 100 Terrace
10013 Sw 162 Place
10013 Sw 162 Pl
10013 Sw 162 Pl
10053 Sw 163rd Ct
16341 Sw 100 Terrace
10065 S W 163 Ave
10103 Sw 164th Pl
10103 Sw 164th Pl