10340 Sw 208 Ln, 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 | |
|---|---|---|---|---|
| 10336 Sw 208 Ln | Single Family | 1,193 | C |
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| 10344 Sw 208 Ln | Single Family | 1,388 | C |
|
| 10352 Sw 208 Ln | Single Family | 1,193 | C |
|
| 20904 Sw 103 Ct | Condominium | 1,232 | B |
|
| 10341 Sw 208 Ln | Single Family | 1,388 | C |
|
| 10337 Sw 208 Ln | Single Family | 1,388 | C |
|
| 20833 Sw 103 Ct | Condominium | 1,236 | B |
|
| 10349 Sw 208 Ln | Single Family | 1,193 | C |
|
| 20829 Sw 103 Ct | Condominium | 1,024 | B |
|
| 20908 Sw 103 Ct | Condominium | 1,024 | B |
|
| 20825 Sw 103 Ct | Condominium | 1,002 | B |
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| 20901 Sw 103 Ct | Condominium | 1,236 | B |
|
| 10339 Sw 209 Ln | Condominium | 1,024 | B |
|
| 10355 Sw 208 Ln | Single Family | 1,388 | C |
|
| 20905 Sw 103 Ct | Condominium | 1,002 | B |
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| 20821 Sw 103 Ct | Condominium | 1,232 | B |
|
| 20912 Sw 103 Ct | Condominium | 1,002 | B |
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| 10337 Sw 209 Ln | Condominium | 1,002 | B |
|
| 10342 Sw 208 Ter | Single Family | 1,388 | C |
|
| 10338 Sw 208 Ter | Single Family | 1,193 | C |
|
| 20916 Sw 103 Ct | Condominium | 1,024 | B |
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| 10335 Sw 209 Ln | Condominium | 1,232 | B |
|
| 10346 Sw 208 Ter | Single Family | 1,323 | C |
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| 20851 Sw 103 Ct | Single Family | 1,472 | C |
|
| 20913 Sw 103 Ct | Condominium | 1,232 | B |
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| 10341 Sw 209 Ln | Condominium | 1,236 | B |
|
| 10350 Sw 208 Ter | Single Family | 1,388 | C |
|
| 20840 Anchor Rd | Single Family | 1,823 | C |
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| 10333 Sw 209 Ln | Condominium | 1,024 | B |
|
| 20830 Anchor Rd | Single Family | 1,200 | C |
|
| 20850 Anchor Rd | Single Family | 1,221 | C |
|
| 10343 Sw 209 Ln | Condominium | 1,024 | B |
|
| 20920 Sw 103 Ct | Condominium | 1,236 | B |
|
| 20841 Sw 103 Ct | Single Family | 1,193 | C |
|
| 20917 Sw 103 Ct | Condominium | 1,002 | B |
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| 10345 Sw 209 Ln | Condominium | 1,002 | B |
|
| 20900 Anchor Rd | Single Family | 1,407 | C |
|
| 10331 Sw 209 Ln | Condominium | 1,236 | B |
|
| 20921 Sw 103 Ct | Condominium | 1,024 | B |
|
| 20831 Sw 103 Ct | Single Family | 1,065 | C |
|
| 10347 Sw 209 Ln | Condominium | 1,232 | B |
|
| 10359 Sw 209 Ln | Condominium | 1,232 | B |
|
| 10343 Sw 208 Ter | Single Family | 1,388 | C |
|
| 20810 Anchor Rd | Single Family | 1,742 | C |
|
| 10339 Sw 208 Ter | Single Family | 1,388 | C |
|
| 10347 Sw 208 Ter | Single Family | 1,193 | C |
|
| 20801 Sw 103 Ct | Single Family | 1,193 | C |
|
| 20925 Sw 103 Ct | Condominium | 1,236 | B |
|
| 20910 Anchor Rd | Single Family | 1,261 | C |
|
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 28 of all properties in this area. This suggests it would appeal to someone earning around $55,958 per year who should qualify for a mortgage between $111,916 and $139,895.
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 28 of all properties in this area. This corresponds to a rent of $966 per month and a monthly household income of $3,055 ($36,660 per year)
Nearby Companies
20740 Anchor Rd
20800 Anchor Rd
20810 Anchor Rd
10347 Sw 209 Lane
10331 Sw 209th Ln
10340 Sw 208 Ln
10342 Sw 208 Terrace