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 
11005 Sw 159 Ter Single Family 1,663 C
11025 Sw 159 Ter Single Family 1,531 C
10974 Sw 158 Ter Single Family 1,479 C
10964 Sw 158 Ter Single Family 2,156 C
11004 Sw 158 Ter Single Family 1,691 C
10955 Sw 159 Ter Single Family 1,687 C
11035 Sw 159 Ter Single Family 1,418 C
11014 Sw 159 Ter Single Family 1,683 C
11014 Sw 158 Ter Single Family 1,479 C
10954 Sw 158 Ter Single Family 1,578 C
11004 Sw 159 Ter Single Family 1,857 C
11024 Sw 159 Ter Single Family 1,525 C
11045 Sw 159 Ter Single Family 1,635 C
10945 Sw 159 Ter Single Family 1,305 C
11034 Sw 159 Ter Single Family 1,336 C
10954 Sw 159 Ter Single Family 1,535 C
11024 Sw 158 Ter Single Family 1,564 C
10944 Sw 158 Ter Single Family 1,479 C
10965 Sw 158 Ter Single Family 1,902 C
10975 Sw 158 Ter Single Family 1,746 C
11011 Sw 160 St Single Family 2,002 C
11001 Sw 160 St Single Family 1,444 C
10955 Sw 158 Ter Single Family 1,481 C
11021 Sw 160 St Single Family 1,683 C
11005 Sw 158 Ter Single Family 1,578 C
11055 Sw 159 Ter Single Family 1,806 C
10935 Sw 159 Ter Single Family 1,500 C
11044 Sw 159 Ter Single Family 1,671 C
10944 Sw 159 Ter Single Family 1,641 C
10961 Sw 160 St Single Family 1,527 C
11034 Sw 158 Ter Single Family 1,622 C
11031 Sw 160 St Single Family 1,536 C
10934 Sw 158 Ter Single Family 1,580 C
10945 Sw 158 Ter Single Family 1,578 C
11015 Sw 158 Ter Single Family 1,481 C
10964 Sw 157 Ter Single Family 1,691 C
10951 Sw 160 St Single Family 1,737 C
10974 Sw 157 Ter Single Family 1,505 C
11041 Sw 160 St Single Family 2,000 C
10954 Sw 157 Ter Single Family 1,699 C
11054 Sw 159 Ter Single Family 1,313 C
11105 Sw 159 Ter Single Family 1,336 C
10935 Sw 158 Ter Single Family 1,746 C
11004 Sw 157 Ter Single Family 1,340 C
11025 Sw 158 Ter Single Family 1,814 C
10925 Sw 159 Ter Single Family 1,434 C
10934 Sw 159 Ter Single Family 1,746 C
11104 Sw 158 Ter Single Family 1,746 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 60 of all properties in this area. This suggests it would appeal to someone earning around $114,847 per year who should qualify for a mortgage between $229,694 and $287,118.

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 60 of all properties in this area. This corresponds to a rent of $1,337 per month and a monthly household income of $4,391 ($52,692 per year)

Nearby Companies

Aaj & Sons Trucking Inc
11004 Sw 157 Terr
Rasdas Corporation
11041 Sw 160 Str
E.D. Property Services Corp
11020 Sw 160 St
Note Tenn, LLC
11054 Sw 159th Ter
Delou Africa, Inc.
11054 Sw 159th Ter
Jerk Pot Inc
11054 Sw 159th Ter
Ruthlyn Aitcheson Corporation
15905 Sw 109 Court
Dg Air Services Inc
10924 Sw 158th Ter
Dee'S Professional Services LLC.
10954 Sw 158 Terrace
Sans Souci Travels, LLC
10954 Sw 158 Terrace
Business4us, LLC
10954 Sw 158 Terrace
Black Diamond Loaner, LLC
10954 Sw 158 Terrace
Satomi Services, Inc
11025 Sw 157 Th Ter
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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