9061 Sw 208 Ter, Cutler Bay
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 | |
|---|---|---|---|---|
| 9071 Sw 208 Ter | Single Family | 1,936 | B |
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| 9051 Sw 208 Ter | Single Family | 1,936 | B |
|
| 9101 Sw 208 Ter | Single Family | 1,936 | B |
|
| 9041 Sw 208 Ter | Single Family | 1,534 | B |
|
| 9111 Sw 208 Ter | Single Family | 2,244 | B |
|
| 9031 Sw 208 Ter | Single Family | 2,217 | B |
|
| 9052 Sw 208 Ter | Single Family | 1,737 | B |
|
| 20830 Sw 90 Pl | Single Family | 1,737 | B |
|
| 20789 Sw 90 Pl | Single Family | 2,354 | C |
|
| 9042 Sw 208 Ter | Single Family | 1,936 | B |
|
| 20790 Sw 90 Pl | Single Family | 2,752 | C |
|
| 9121 Sw 208 Ter | Single Family | 2,244 | B |
|
| 9021 Sw 208 Ter | Single Family | 2,244 | B |
|
| 20850 Sw 90 Pl | Single Family | 2,433 | B |
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| 9032 Sw 208 Ter | Single Family | 2,433 | B |
|
| 20773 Sw 90 Pl | Single Family | 2,100 | C |
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| 20774 Sw 90 Pl | Single Family | 2,354 | C |
|
| 20831 Sw 91 Ct | Single Family | 1,737 | B |
|
| 20869 Sw 90 Pl | Single Family | 1,936 | B |
|
| 20791 Sw 91 Ct | Single Family | 2,752 | C |
|
| 9011 Sw 208 Ter | Single Family | 1,737 | B |
|
| 9022 Sw 208 Ter | Single Family | 2,217 | B |
|
| 20870 Sw 90 Pl | Single Family | 2,336 | B |
|
| 20757 Sw 90 Pl | Single Family | 2,752 | C |
|
| 20851 Sw 91 Ct | Single Family | 1,936 | B |
|
| 20758 Sw 90 Pl | Single Family | 2,354 | C |
|
| 9131 Sw 208 Ter | Single Family | 1,737 | B |
|
| 20775 Sw 91 Ct | Single Family | 2,752 | C |
|
| 9012 Sw 208 Ter | Single Family | 2,217 | B |
|
| 9001 Sw 208 Ter | Single Family | 2,244 | B |
|
| 20910 Sw 90 Pl | Single Family | 1,737 | B |
|
| 20871 Sw 91 Ct | Single Family | 1,534 | B |
|
| 20741 Sw 90 Pl | Single Family | 2,752 | C |
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| 20742 Sw 90 Pl | Single Family | 2,354 | C |
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| 20759 Sw 91 Ct | Single Family | 2,752 | C |
|
| 20919 Sw 90 Pl | Single Family | 1,534 | C |
|
| 9002 Sw 208 Ter | Single Family | 1,936 | B |
|
| 20911 Sw 91 Ct | Single Family | 1,737 | B |
|
| 20812 Sw 91 Ct | Single Family | 2,217 | B |
|
| 20930 Sw 90 Pl | Single Family | 1,737 | B |
|
| 8991 Sw 208 Ter | Single Family | 2,433 | B |
|
| 20725 Sw 90 Pl | Single Family | 1,829 | C |
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| 20743 Sw 91 Ct | Single Family | 1,829 | C |
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| 20726 Sw 90 Pl | Single Family | 1,829 | C |
|
| 20832 Sw 91 Ct | Single Family | 1,737 | B |
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| 20788 Sw 89 Path | Single Family | 2,354 | C |
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| 20792 Sw 91 Ct | Single Family | 2,752 | C |
|
| 8992 Sw 208 Ter | Single Family | 1,534 | B |
|
| 20931 Sw 91 Ct | Single Family | 1,936 | B |
|
Local Household Income
The median household income in this part of Florida is $93,333. The bottom 10% of the population earn less than $26,702 per year. The top 10% earn more than $344,964 per year. The top 1% earn more than $765,737 per year. Most renters earn between $34,464 (20th percentile) and $73,464 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $186,666 and $233,333.
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 $112,845 per year who should qualify for a mortgage between $225,690 and $282,113.
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 $1,158. Most renters earn between $2,872 and $6,122 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $881 (20th percentile) to $1,776 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 59 of all properties in this area. This corresponds to a rent of $1,312 per month and a monthly household income of $4,304 ($51,648 per year)
Nearby Companies
20847 Sw 89th Path
9001 Sw 208 Ter
8760 Nw 99th Path
20776 Sw 91st Ct
20742 Sw 90 Pl
20742 Sw 90 Pl
20742 Sw 90 Pl
20742 Sw 90 Pl
20742 Sw 90 Pl
20709 Sw 90th Pl
9245 Sw 208 Terr
9101 Sw 208th Ter
9101 Sw 208th Ter
9001 Sw 208 Terrace
9001 Sw 208 Terrace
9124 Sw 209 Terr
20918 Sw 89 Path
20910 Sw 90th Pl
20908 Sw 89th Path
20830 Sw 90 Place