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 
20960 Sw 123 Ave Single Family 1,269 C
12255 Sw 210 St Single Family 1,964 C
12249 Sw 210 St Single Family 1,527 C
20846 Sw 123 Ave Single Family 1,371 C
20956 Sw 123 Ave Single Family 1,269 C
20849 Sw 123 Ave Single Family 1,371 C
20843 Sw 123 Ave Single Family 1,371 C
12243 Sw 210 St Single Family 1,269 C
20929 Sw 123 Ct Single Family 1,371 C
20931 Sw 123 Ave Single Family 1,695 C
20840 Sw 123 Ave Single Family 1,131 C
20950 Sw 123 Ave Single Family 1,527 C
20837 Sw 123 Ave Single Family 1,131 C
12237 Sw 210 St Single Family 1,269 C
20836 Sw 122 Pl Single Family 1,571 C
12264 Sw 210 St Single Family 1,371 C
20923 Sw 123 Ct Single Family 1,131 C
12258 Sw 210 St Single Family 1,269 C
20937 Sw 123 Ave Single Family 1,964 C
20944 Sw 123 Ave Single Family 1,371 C
20943 Sw 123 Ave Single Family 1,604 C
20842 Sw 122 Pl Single Family 1,527 C
20830 Sw 122 Pl Single Family 1,269 C
20831 Sw 123 Ave Single Family 1,371 C
12231 Sw 210 St Single Family 1,371 C
20834 Sw 123 Ave Single Family 1,371 C
20928 Sw 123 Ct Single Family 1,793 C
12252 Sw 210 St Single Family 1,371 C
20917 Sw 123 Ct Single Family 1,492 C
20848 Sw 122 Pl Single Family 1,371 C
12246 Sw 210 St Single Family 1,269 C
20922 Sw 123 Ct Single Family 1,371 C
20824 Sw 122 Pl Single Family 1,371 C
12225 Sw 210 St Single Family 1,527 C
21003 Sw 124 Ave Rd Single Family 1,269 C
21009 Sw 124 Ave Rd Single Family 1,371 C
20825 Sw 123 Ave Single Family 1,371 C
20942 Sw 122 Pl Single Family 1,527 C
20936 Sw 122 Pl Single Family 1,269 C
20828 Sw 123 Ave Single Family 1,527 C
12242 Sw 210 St Single Family 1,527 C
20911 Sw 123 Ct Single Family 1,371 C
20948 Sw 122 Pl Single Family 1,527 C
20930 Sw 122 Pl Single Family 1,527 C
21015 Sw 124 Ave Rd Single Family 2,013 C
20975 Sw 124 Ave Rd Single Family 1,527 C
20916 Sw 123 Ct Single Family 1,371 C
20954 Sw 122 Pl Single Family 1,527 C
20854 Sw 122 Pl Single Family 1,527 C

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 12 of all properties in this area. This suggests it would appeal to someone earning around $23,173 per year who should qualify for a mortgage between $46,346 and $57,933.

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 12 of all properties in this area. This corresponds to a rent of $947 per month and a monthly household income of $2,617 ($31,404 per year)

Nearby Companies

Welchindor Holdings LLC
12236 Sw 208 Ter
V & J Appliances Corp
20917 Sw 123 Ct
Quick Plumbing Service Inc
20831 Sw 123rd Ave
Great Help Services Corp
20840 Sw 123 Ave
E C Limo, Inc.
20849 Sw 123 Ave
Crow Enterprises LLC
20944 Sw 123 Ave
Maggie'S Grooming, Inc.
20960 Sw 123rd Ave
Cabinet Masters, Inc.
7501 124th Ave N \Unit F
Prestigious Tree Care, Inc
21008 Sw 124th Avenue Rd
Majestic Lawn Care, Inc.
21008 Sw 124 Ave Rd
Kdm On The Go Corp.
21044 Sw 124th Avenue Rd
Bellevin Corp.
21044 Sw 124th Avenue Rd
Disclaimers and Disclosures

Public Records Data

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