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 
15281 Sw 172 St Single Family 2,520 B
15257 Sw 172 St Single Family 1,963 B
15268 Sw 171 St Single Family 2,520 B
15256 Sw 171 St Single Family 1,963 B
15293 Sw 172 St Single Family 2,163 B
15270 Sw 172 St Single Family 2,517 B
15245 Sw 172 St Single Family 2,520 B
15282 Sw 172 St Single Family 2,517 B
15258 Sw 172 St Single Family 2,202 B
15244 Sw 171 St Single Family 2,520 B
15292 Sw 171 St Single Family 2,163 B
15294 Sw 172 St Single Family 2,198 B
15246 Sw 172 St Single Family 2,198 B
15309 Sw 172 St Single Family 2,520 B
15233 Sw 172 St Single Family 2,520 B
15308 Sw 171 St Single Family 1,824 B
15232 Sw 171 St Single Family 1,824 B
15271 Sw 172 Ter Single Family 2,198 B
15267 Sw 171 St Single Family 2,198 B
15279 Sw 171 St Single Family 2,517 B
15283 Sw 172 Ter Single Family 2,517 B
15259 Sw 172 Ter Single Family 2,517 B
15255 Sw 171 St Single Family 2,570 B
15310 Sw 172 St Single Family 2,517 B
15234 Sw 172 St Single Family 2,517 B
15291 Sw 171 St Single Family 2,198 B
15295 Sw 172 Ter Single Family 2,202 B
15247 Sw 172 Ter Single Family 2,163 B
15243 Sw 171 St Single Family 1,963 B
15333 Sw 172 St Single Family 2,520 B
15221 Sw 172 St Single Family 2,163 B
15332 Sw 171 St Single Family 2,520 B
15220 Sw 171 St Single Family 2,163 B
15307 Sw 171 St Single Family 2,517 B
15334 Sw 172 St Single Family 2,202 B
15311 Sw 172 Ter Single Family 1,861 B
15222 Sw 172 St Single Family 2,198 B
15235 Sw 172 Ter Single Family 2,517 B
15231 Sw 171 St Single Family 2,520 B
15266 Sw 170 Ter Single Family 2,517 B
15278 Sw 170 Ter Single Family 2,537 B
15254 Sw 170 Ter Single Family 2,535 B
15357 Sw 172 St Single Family 2,163 B
15209 Sw 172 St Single Family 2,520 B
15356 Sw 171 St Single Family 2,163 B
15335 Sw 172 Ter Single Family 2,517 B
15208 Sw 171 St Single Family 2,473 B
15223 Sw 172 Ter Single Family 2,202 B
15219 Sw 171 St Single Family 2,520 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 64 of all properties in this area. This suggests it would appeal to someone earning around $88,411 per year who should qualify for a mortgage between $176,822 and $221,028.

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 64 of all properties in this area. This corresponds to a rent of $1,473 per month and a monthly household income of $3,944 ($47,328 per year)

Nearby Companies

Yoky Insulation, Inc.
15212 Sw 172 Terr
Mr Fox Designs LLC
15233 Sw 172 St
El Nino De Atocha #33, Inc
15355 Sw 171 St
Vista Map LLC
15254 Sw 170 Ter
Map Home Holdings, LLC
15254 Sw 170 Ter
Kendall House Investment LLC
15254 Sw 170 Ter
Pereira & Roig, Inc
15254 Sw 170 Ter
Advanced Fence Construction, LLC
15266 Sw 170 Terrace
Rosario Enterprises Usa Inc
15335 Sw 172 Terr
Sssr Corporation
15335 Sw 172 Terrace
Lc Corporation
15335 Sw 172 Terrace
Yvh Consulting LLC
15260 Sw 172 Ter
Vivanco Express, Inc.
15248 Sw 172 Terrace
Cool On Demand Inc
15247 Sw 172 Terrace
Esparco Corp
15272 Sw 172nd Ter
Phoenix Hill Consulting LLC
17210 Sw 153rd Ct
Bold Construction Specialties Inc
15293 Sw 172 Street
Bold Energy Inc.
15293 Sw 172 Street
Critical Incident Decisions LLC
15281 Sw 172 Street
Maria F Nazur Pa
15246 Sw 172ndt St
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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