16559 Sw 103 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

AddressTypeSq FtClass 
16603 Sw 103 Ter Single Family 2,597 B
16551 Sw 103 Ter Single Family 2,148 B
16543 Sw 103 Ter Single Family 1,796 B
16611 Sw 103 Ter Single Family 2,597 B
10338 Sw 165 Ct Single Family 2,372 B
16535 Sw 103 Ter Single Family 2,148 B
16612 Sw 103 Ter Single Family 2,701 B
10320 Sw 166 Ct Single Family 2,839 B
10348 Sw 165 Ct Single Family 2,148 B
16527 Sw 103 Ter Single Family 1,796 B
10330 Sw 166 Ct Single Family 2,051 B
10337 Sw 165 Ct Single Family 2,319 B
16519 Sw 103 Ter Single Family 2,822 B
16607 Sw 103 Ln Single Family 2,597 B
10340 Sw 166 Ct Single Family 2,737 B
10358 Sw 165 Ct Single Family 2,148 B
10347 Sw 165 Ct Single Family 2,148 B
10350 Sw 166 Ct Single Family 2,148 B
16630 Sw 101 Ter Single Family 2,609 B
16511 Sw 103 Ter Single Family 2,597 B
16620 Sw 101 Ter Single Family 2,117 B
10357 Sw 165 Ct Single Family 2,869 B
10336 Sw 165 Ave Single Family 2,597 B
16610 Sw 101 Ter Single Family 2,148 B
16650 Sw 101 Ter Single Family 2,148 B
10360 Sw 166 Ct Single Family 2,309 B
16600 Sw 101 Ter Single Family 2,822 B
10346 Sw 165 Ave Single Family 2,609 B
16503 Sw 103 Ter Single Family 2,737 B
16580 Sw 101 Ter Single Family 2,737 B
10356 Sw 165 Ave Single Family 2,148 B
10130 Sw 166 Ct Single Family 2,737 B
16546 Sw 103 Ln Single Family 2,737 B
10370 Sw 166 Ct Single Family 2,942 B
16538 Sw 103 Ln Single Family 2,148 B
16570 Sw 101 Ter Single Family 2,597 B
16640 Sw 101 Ter Single Family 2,737 B
16485 Sw 103 Ter Single Family 2,382 B
16530 Sw 103 Ln Single Family 2,597 B
16606 Sw 103 Ln Single Family 2,386 B
16522 Sw 103 Ln Single Family 2,839 B
16614 Sw 103 Ln Single Family 2,148 B
16560 Sw 101 Ter Single Family 2,044 B
16514 Sw 103 Ln Single Family 2,148 B
16477 Sw 103 Ter Single Family 2,148 B
10335 Sw 165 Ave Single Family 2,148 B
16625 Sw 101 Ter Single Family 2,672 B
16645 Sw 101 Ter Single Family 2,597 B
10120 Sw 166 Ct Single Family 2,597 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

Suitespace, Inc.
16503 Sw 103 Terrace
Cotton Peru Pima Corp.
10355 Sw 165 Ave
Elgin Investments Usa LLC
10355 Sw 165th Ave
Archbishop Coleman F. Carroll High School, Inc.
10300 Sw 167th Ave
Miami Divum LLC
16614 Sw 103rd Ln
More Time 2 Teach LLC
16612 Sw 103 Terrace
Currency News Trading Inc.
16640 Sw 101 Terrace
Real Residual Inc.
16640 Southwest 101st Ter
Ruben Catanese P.A
16551 Sw 103 Terrace
James Hamilton Reed, Pa
16575 Sw 101st Ter
Abc International Group Logistics Services LLC
10357 Sw 165 Ct
Disclaimers and Disclosures

Public Records Data

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