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 
21960 Sw 124 Ave Single Family 1,855 C
12401 Sw 220 St Single Family 2,111 C
12407 Sw 220 St Single Family 2,111 C
21961 Sw 124 Ct Single Family 2,038 C
21951 Sw 124 Ct Single Family 1,592 C
21940 Sw 124 Ave Single Family 2,243 C
12413 Sw 220 St Single Family 1,720 C
12380 Sw 220 St Single Family 1,927 C
21941 Sw 124 Ct Single Family 1,598 C
12419 Sw 220 St Single Family 2,111 C
21920 Sw 124 Ave Single Family 1,855 C
12370 Sw 220 St Single Family 1,845 C
12404 Sw 220 St Single Family 1,607 C
21931 Sw 124 Ct Single Family 1,728 C
12408 Sw 220 St Single Family 1,720 C
21960 Sw 124 Ct Single Family 2,013 C
12425 Sw 220 St Single Family 1,723 C
21950 Sw 124 Ct Single Family 1,843 C
21900 Sw 124 Ave Single Family 1,705 C
21940 Sw 124 Ct Single Family 1,942 C
12380 Sw 219 St Single Family 1,580 C
12360 Sw 220 St Single Family 1,845 C
12414 Sw 220 St Single Family 2,111 C
21921 Sw 124 Ct Single Family 1,654 C
21930 Sw 124 Ct Single Family 1,963 C
12431 Sw 220 St Single Family 2,111 C
22050 Sw 124 Ave Single Family 2,255 C
12420 Sw 220 St Single Family 2,326 C
21840 Sw 124 Ave Single Family 1,855 C
21920 Sw 124 Ct Single Family 1,912 C
12350 Sw 220 St Single Family 1,845 C
21911 Sw 124 Ct Single Family 1,407 C
12375 Sw 220 St Single Family 1,851 C
12426 Sw 220 St Single Family 2,086 C
21959 Sw 124 Pl Single Family 1,899 C
22101 Sw 124 Ave Church 3,568 B
12437 Sw 220 St Single Family 2,111 C
21939 Sw 124 Pl Single Family 1,650 C
12440 Sw 219 St Single Family 1,661 C
12432 Sw 220 St Single Family 2,111 C
22062 Sw 123 Dr Single Family 2,251 C
21820 Sw 124 Ave Single Family 1,705 C
21841 Sw 124 Ct Single Family 1,585 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 74 of all properties in this area. This suggests it would appeal to someone earning around $91,686 per year who should qualify for a mortgage between $183,372 and $229,215.

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 74 of all properties in this area. This corresponds to a rent of $1,407 per month and a monthly household income of $3,875 ($46,500 per year)

Nearby Companies

Jrc Express Inc
21911 Sw 124 Ct
Cruz Wholesales Corp
21941 Sw 124 Ct
Aguila Rain Gutters, Corp
12458 Sw 220 St
Sol Home Services Corp
12458 Sw 220th St
Caredata LLC
21959 Sw 124 Pl
Vurgent Care Group, Inc.
21959 Sw 124 Pl
Stone Artisan, LLC
12432 Sw 220 Street
A.C.D.C. Insulation Corp
12431 Sw 220 Street
Perfect Tile Corp
12426 Sw 220 St
Maite Home Care Service Inc
12426 Sw 220 St
Future Utility Services Corp
12380 Sw 220th St
Matos Elite Renovation, LLC
22145 Miami Ave
Matos Elite Flipping Corp.
22145 Miami Ave
Disclaimers and Disclosures

Public Records Data

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