15163 Sw 94 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 | |
|---|---|---|---|---|
| 15167 Sw 94 Ter | Single Family | 1,476 | B |
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| 15159 Sw 94 Ter | Single Family | 2,210 | B |
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| 15155 Sw 94 Ter | Single Family | 2,012 | B |
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| 15171 Sw 94 Ter | Single Family | 2,012 | B |
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| 15151 Sw 94 Ter | Single Family | 1,708 | B |
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| 15162 Sw 94 Ter | Single Family | 2,012 | B |
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| 15175 Sw 94 Ter | Single Family | 2,012 | B |
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| 15166 Sw 94 Ter | Single Family | 2,252 | B |
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| 15158 Sw 94 Ter | Single Family | 2,012 | B |
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| 15147 Sw 94 Ter | Single Family | 1,696 | B |
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| 15154 Sw 94 Ter | Single Family | 1,787 | B |
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| 9412 Sw 151 Ct | Single Family | 2,054 | B |
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| 9416 Sw 151 Ct | Single Family | 1,461 | B |
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| 9424 Sw 151 Ct | Single Family | 1,476 | B |
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| 15143 Sw 94 Ter | Single Family | 2,012 | B |
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| 15146 Sw 94 Ter | Single Family | 2,012 | B |
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| 9428 Sw 151 Ct | Single Family | 2,012 | B |
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| 9353 Sw 152 Ave | Church | 40,034 | B |
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| 15161 Sw 95 St | Single Family | 2,012 | B |
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| 15165 Sw 95 St | Single Family | 2,358 | B |
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| 15157 Sw 95 St | Single Family | 2,432 | B |
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| 15139 Sw 94 Ter | Single Family | 2,012 | B |
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| 15142 Sw 94 Ter | Single Family | 1,630 | B |
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| 15153 Sw 95 St | Single Family | 2,012 | B |
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| 9432 Sw 151 Ct | Single Family | 1,696 | B |
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| 15149 Sw 95 St | Single Family | 2,012 | B |
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| 15135 Sw 94 Ter | Single Family | 2,012 | B |
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| 15138 Sw 94 Ter | Single Family | 2,304 | B |
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| 9440 Sw 151 Ave | Single Family | 2,012 | B |
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| 9436 Sw 151 Ct | Single Family | 1,696 | B |
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| 15131 Sw 94 Ter | Single Family | 2,012 | B |
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| 9424 Sw 151 Ave | Single Family | 2,192 | B |
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| 15160 Sw 95 St | Single Family | 2,012 | B |
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| 15156 Sw 95 St | Single Family | 2,192 | B |
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| 15164 Sw 95 St | Single Family | 1,784 | B |
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| 9502 Sw 151 Ct | Single Family | 1,630 | B |
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| 15152 Sw 95 St | Single Family | 2,012 | B |
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| 9420 Sw 151 Ave | Single Family | 1,630 | B |
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| 15148 Sw 95 St | Single Family | 2,012 | B |
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| 9506 Sw 151 Ct | Single Family | 2,012 | B |
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| 15154 Sw 92 Ter | Single Family | 2,304 | B |
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| 9447 Sw 151 Ave | Single Family | 2,012 | B |
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| 9451 Sw 151 Ave | Single Family | 1,774 | B |
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| 15158 Sw 92 Ter | Single Family | 1,835 | B |
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| 15150 Sw 92 Ter | Single Family | 1,835 | B |
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| 15162 Sw 92 Ter | Single Family | 2,068 | B |
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| 9501 Sw 151 Ave | Single Family | 2,468 | B |
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| 9439 Sw 151 Ave | Single Family | 2,012 | B |
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| 9408 Sw 151 Ave | Single Family | 2,304 | 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 34 of all properties in this area. This suggests it would appeal to someone earning around $48,259 per year who should qualify for a mortgage between $96,518 and $120,648.
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 34 of all properties in this area. This corresponds to a rent of $1,172 per month and a monthly household income of $3,347 ($40,164 per year)
Nearby Companies
17001 Sw 94 Terrace
17001 Sw 94 Terrace
15175 Sw 94th Ter
15167 Sw 94 Terrace
9501 Sw 151st Ave
9501 Sw 151st Ave
15153 Sw 95th St
15156 Sw 95th St
15156 Sw 95th St
15160 Sw 95th St
9436 Sw 151 Ct
9432 Sw 151 Ct
9408 Sw 151 Ave
9408 Sw 151 Ave
17058 Sw 94 Terrace
17083 Sw 94th Way
17083 Sw 94th Way
17083 Sw 94th Way
17083 Sw 94th Way
17021 Sw 94th Ter
17013 Sw 94th Ter
17017 Sw 94th Ter