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:

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 
11788 Sw 272 Ter Single Family 1,956 C
11776 Sw 272 Ter Single Family 2,204 C
11794 Sw 272 Ter Single Family 2,204 C
11781 Sw 273 St Single Family 1,833 C
11787 Sw 273 St Single Family 2,538 C
11775 Sw 273 St Single Family 1,922 C
11783 Sw 272 Ter Single Family 1,681 C
11777 Sw 272 Ter Single Family 1,956 C
11789 Sw 272 Ter Single Family 2,204 C
11795 Sw 273 St Single Family 2,204 C
11800 Sw 272 Ter Single Family 1,710 C
11795 Sw 272 Ter Single Family 2,356 C
27239 Sw 117 Pl Single Family 2,204 C
27259 Sw 117 Pl Single Family 1,846 C
11771 Sw 272 Ter { Single Family 2,204 C
11803 Sw 273 St Single Family 1,551 C
27219 Sw 117 Pl Single Family 1,956 C
11801 Sw 272 Ter Single Family 1,710 C
27279 Sw 117 Pl Single Family 1,956 C
11806 Sw 272 Ter Single Family 1,796 C
11809 Sw 273 St Single Family 1,956 C
11780 Sw 273 St Single Family 1,956 C
11786 Sw 273 St Single Family 1,796 C
11807 Sw 272 Ter Single Family 1,796 C
11774 Sw 273 St Single Family 1,927 C
11792 Sw 273 St Single Family 2,204 C
11812 Sw 272 Ter Single Family 1,710 C
11802 Sw 273 St Single Family 1,592 C
11815 Sw 273 St Single Family 1,909 C
27307 Sw 117 Pl Single Family 1,796 C
11813 Sw 272 Ter Single Family 1,710 C
11808 Sw 273 St Single Family 2,204 C
27327 Sw 117 Pl Single Family 2,812 C
11821 Sw 273 St Single Family 2,356 C
11783 Sw 273 Ln Single Family 2,542 C
11819 Sw 272 Ter Single Family 2,204 C
11789 Sw 273 Ln Single Family 1,796 C
11814 Sw 273 St Single Family 1,796 C
11795 Sw 273 Ln Single Family 2,511 C
11824 Sw 272 Ter Single Family 2,204 C
11801 Sw 273 Ln Single Family 1,725 C
27347 Sw 117 Pl Single Family 2,038 C
11827 Sw 273 St Single Family 1,551 C
11825 Sw 272 Ter Single Family 1,956 C
11820 Sw 273 St Single Family 1,956 C
11807 Sw 273 Ln Single Family 1,796 C
11830 Sw 272 Ter Single Family 1,956 C
11813 Sw 273 Ln Single Family 2,204 C
11833 Sw 273 St Single Family 1,956 C

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,237 per year. The top 10% earn more than $141,434 per year. The top 1% earn more than $427,118 per year. Most renters earn between $24,456 (20th percentile) and $50,100 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 59 of all properties in this area. This suggests it would appeal to someone earning around $64,592 per year who should qualify for a mortgage between $129,184 and $161,480.

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 $1,055. Most renters earn between $2,038 and $4,175 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $664 (20th percentile) to $1,496 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 59 of all properties in this area. This corresponds to a rent of $1,157 per month and a monthly household income of $3,275 ($39,300 per year)

Nearby Companies

Mg Property Solutions Corp
25249 Sw 117th Pl
Calle El Hambre LLC
23744 Sw 117th Pl
Onset Health Services LLC
11780 Sw 273 Street
Dream Light Visuals Corp
11824 Sw 272nd Ter
Disclaimers and Disclosures

Public Records Data

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