15598 Sw 109 Ter, Unincorporated County
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 | |
|---|---|---|---|---|
| 15570 Sw 109 Ter | Single Family | 1,385 | B |
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| 15602 Sw 109 Ter | Single Family | 2,340 | B |
|
| 15560 Sw 109 Ter | Single Family | 1,524 | B |
|
| 15591 Sw 110 Ter | Single Family | 1,552 | B |
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| 15595 Sw 110 Ter | Single Family | 2,637 | B |
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| 15612 Sw 109 Ter | Single Family | 2,557 | B |
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| 15599 Sw 109 Ter | Single Family | 2,637 | B |
|
| 15603 Sw 110 Ter | Single Family | 2,312 | B |
|
| 15550 Sw 109 Ter | Single Family | 2,061 | B |
|
| 15581 Sw 110 Ter | Single Family | 1,552 | B |
|
| 15601 Sw 109 Ter | Single Family | 3,075 | B |
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| 15571 Sw 109 Ter | Single Family | 1,552 | B |
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| 15571 Sw 110 Ter | Single Family | 1,552 | B |
|
| 15613 Sw 110 Ter | Single Family | 2,312 | B |
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| 15540 Sw 109 Ter | Single Family | 1,399 | B |
|
| 15561 Sw 109 Ter | Single Family | 1,552 | B |
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| 15611 Sw 109 Ter | Single Family | 3,075 | B |
|
| 15622 Sw 109 Ter | Single Family | 1,928 | B |
|
| 15567 Sw 110 Ter | Single Family | 1,217 | B |
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| 15551 Sw 109 Ter | Single Family | 1,524 | B |
|
| 15530 Sw 109 Ter | Single Family | 1,552 | B |
|
| 15623 Sw 110 Ter | Single Family | 1,928 | B |
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| 15621 Sw 109 Ter | Single Family | 2,397 | B |
|
| 15541 Sw 109 Ter | Single Family | 2,061 | B |
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| 15565 Sw 110 Ter | Single Family | 1,385 | B |
|
| 11040 Sw 155 Pl | Single Family | 1,314 | B |
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| 15520 Sw 109 Ter | Single Family | 1,325 | B |
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| 15604 Sw 110 Ter | Single Family | 1,928 | B |
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| 15596 Sw 110 Ter | Single Family | 2,312 | B |
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| 15632 Sw 109 Ter | Single Family | 2,214 | B |
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| 15531 Sw 109 Ter | Single Family | 1,552 | B |
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| 15614 Sw 110 Ter | Single Family | 2,312 | B |
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| 15633 Sw 110 Ter | Single Family | 2,312 | B |
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| 15631 Sw 109 Ter | Single Family | 3,075 | B |
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| 11050 Sw 155 Pl | Single Family | 1,543 | B |
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| 15521 Sw 109 Ter | Single Family | 2,061 | B |
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| 11034 Sw 156 Ct | Single Family | 3,298 | B |
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| 15642 Sw 109 Ter | Single Family | 2,957 | B |
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| 11044 Sw 156 Ct | Single Family | 2,066 | B |
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| 15641 Sw 109 Ter | Single Family | 2,312 | B |
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| 11113 Sw 156 Ct | Single Family | 2,637 | B |
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| 11070 Sw 155 Pl | Single Family | 1,385 | B |
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| 11015 Sw 156 Pl | Single Family | 1,928 | B |
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| 11025 Sw 156 Pl | Single Family | 3,075 | B |
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| 15597 Sw 111 Ter | Single Family | 2,312 | B |
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| 11114 Sw 156 Ct | Single Family | 2,397 | B |
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| 15652 Sw 109 Ter | Single Family | 2,637 | B |
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| 11011 Sw 155 Pl | Single Family | 1,552 | B |
|
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 94 of all properties in this area. This suggests it would appeal to someone earning around $191,141 per year who should qualify for a mortgage between $382,282 and $477,853.
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 94 of all properties in this area. This corresponds to a rent of $2,142 per month and a monthly household income of $5,856 ($70,272 per year)
Nearby Companies
11015 Sw 156th Pl
11041 Sw 155 Place
11041 Sw 155 Place
11031 Sw 155 Pl
11001 Sw 155 Place
10936 Sw 156 Place
15652 Sw 109th Ter
15631 Sw 109 Terrace
15601 Sw 109 Terrace
15598 Sw 109th Ter
11034 Sw 156th Ct
11034 Sw 156th Ct
15531 Sw 109th Ter
15626 Sw 111 Terrace
15626 Sw 111 Terrace