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 
24720 Sw 110 Ave Condominium 1,788 B
24716 Sw 110 Ave Condominium 1,459 B
24712 Sw 110 Ave Condominium 1,788 B
24725 Sw 110 Pl Condominium 1,069 B
24721 Sw 110 Pl Condominium 1,459 B
24708 Sw 110 Ave Condominium 1,459 B
24717 Sw 110 Pl Condominium 1,459 B
11016 Sw 247 Ter Condominium 1,459 B
11026 Sw 247 Ter Condominium 1,788 B
11006 Sw 247 Ter Condominium 1,459 B
11036 Sw 247 Ter Condominium 1,459 B
24713 Sw 110 Pl Condominium 1,459 B
11046 Sw 247 Ter Condominium 1,788 B
24723 Sw 110 Ave Condominium 1,788 B
24704 Sw 110 Ave Condominium 1,467 B
24719 Sw 110 Ave Condominium 1,459 B
24709 Sw 110 Pl Condominium 1,280 B
11056 Sw 247 Ter Condominium 1,459 B
24715 Sw 110 Ave Condominium 1,788 B
10982 Sw 247 Ter Condominium 1,788 B
24711 Sw 110 Ave Condominium 1,459 B
11066 Sw 247 Ter Condominium 1,788 B
24652 Sw 110 Ave Condominium 1,788 B
24705 Sw 110 Pl Condominium 1,788 B
24707 Sw 110 Ave Condominium 1,788 B
10978 Sw 247 Ter Condominium 1,459 B
11076 Sw 247 Ter Condominium 1,788 B
24648 Sw 110 Ave Condominium 1,459 B
24653 Sw 110 Pl Condominium 1,459 B
24703 Sw 110 Ave Condominium 1,069 B
10974 Sw 247 Ter Condominium 1,459 B
24649 Sw 110 Pl Condominium 1,459 B
24651 Sw 110 Ave Condominium 1,459 B
10970 Sw 247 Ter Condominium 1,788 B
24644 Sw 110 Ave Condominium 1,788 B
24722 Sw 109 Pl Condominium 1,459 B
24647 Sw 110 Ave Condominium 1,459 B
24718 Sw 109 Pl Condominium 1,788 B
10966 Sw 247 Ter Condominium 1,788 B
24714 Sw 109 Pl Condominium 1,459 B
24645 Sw 110 Pl Condominium 1,788 B
24710 Sw 109 Pl Condominium 1,459 B
24706 Sw 109 Pl Condominium 1,459 B
10962 Sw 247 Ter Condominium 1,788 B
24643 Sw 110 Ave Condominium 1,280 B
24702 Sw 109 Pl Condominium 1,459 B
10958 Sw 247 Ter Condominium 1,459 B
24650 Sw 109 Pl Condominium 1,459 B
11012 Sw 246 St Condominium 1,459 B

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 23 of all properties in this area. This suggests it would appeal to someone earning around $47,563 per year who should qualify for a mortgage between $95,126 and $118,908.

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 23 of all properties in this area. This corresponds to a rent of $925 per month and a monthly household income of $2,934 ($35,208 per year)

Nearby Companies

Dns Solutions Fl LLC
10971 Sw 246 Street
Rudy Connect LLC
24724 Sw 110 Ave
It Media Consultants, LLC
24725 Sw 110 Place
Your Life In Color Corp
10962 Sw 247th Ter
Kreativ Kinder Therapy LLC
10950 Sw 247th Ter
Plans For Growth, LLC
10950 Sw 247th Ter
Keaton Beach Express, LLC
15729 Beach Road (Highway 361)
Disclaimers and Disclosures

Public Records Data

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