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 
15574 Sw 112 Way Single Family 2,574 B
15554 Sw 112 Way Single Family 2,574 B
15584 Sw 112 Way Single Family 2,173 B
15573 Sw 112 Dr Single Family 2,574 B
15569 Sw 112 Dr Single Family 2,065 B
15577 Sw 112 Dr Single Family 2,574 B
11286 Sw 155 Ct Single Family 2,574 B
15594 Sw 112 Way Single Family 2,574 B
15581 Sw 112 Dr Single Family 2,574 B
15565 Sw 112 Way Single Family 2,574 B
15555 Sw 112 Way Single Family 2,574 B
11294 Sw 155 Ct Single Family 2,574 B
15575 Sw 112 Way Single Family 2,173 B
15545 Sw 112 Way Single Family 2,065 B
15585 Sw 112 Way Single Family 2,065 B
11277 Sw 156 Ct Single Family 2,173 B
15609 Sw 112 Dr Single Family 2,173 B
11285 Sw 156 Ct Single Family 2,065 B
15535 Sw 112 Way Single Family 2,065 B
11269 Sw 156 Ct Single Family 2,173 B
15595 Sw 112 Way Single Family 2,574 B
11261 Sw 156 Ct Single Family 2,173 B
15601 Sw 112 Way Single Family 2,574 B
15619 Sw 112 Dr Single Family 2,173 B
15525 Sw 112 Way Single Family 2,173 B
15549 Sw 112 Dr Single Family 2,173 B
15570 Sw 112 Dr Single Family 2,173 B
15574 Sw 112 Dr Single Family 2,065 B
15566 Sw 112 Dr Single Family 2,173 B
15578 Sw 112 Dr Single Family 2,065 B
11291 Sw 155 Ct Single Family 2,173 B
15562 Sw 112 Dr Single Family 2,173 B
15582 Sw 112 Dr Single Family 2,574 B
15611 Sw 112 Way Single Family 2,574 B
15558 Sw 112 Dr Single Family 2,574 B
15545 Sw 112 Dr Single Family 2,173 B
15608 Sw 112 Dr Single Family 2,173 B
15554 Sw 112 Dr Single Family 2,065 B
15618 Sw 112 Dr Single Family 2,574 B
11276 Sw 156 Ct Single Family 2,574 B
11284 Sw 156 Ct Single Family 2,574 B
15541 Sw 112 Dr Single Family 2,574 B
11268 Sw 156 Ct Single Family 2,065 B
11260 Sw 156 Ct Single Family 2,173 B
15550 Sw 112 Dr Single Family 2,173 B
15560 Sw 111 Ter Single Family 1,385 B
11252 Sw 156 Ct Single Family 2,574 B
15628 Sw 112 Dr Single Family 2,173 B
15621 Sw 112 Way Single Family 1,798 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 75 of all properties in this area. This suggests it would appeal to someone earning around $109,936 per year who should qualify for a mortgage between $219,872 and $274,840.

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 75 of all properties in this area. This corresponds to a rent of $1,632 per month and a monthly household income of $4,429 ($53,148 per year)

Nearby Companies

Lobbos, Corp.
15651 Sw 112th Way
Candale Investments, LLC
11250 Sw 156th Pl
Ibaza Corporation
11250 Sw 156 Pl
A 1 Tech , LLC
11259 Sw 156 Pl
Rc Studios, Inc.
11284 Sw 156 Ct
Krausshoyo Transport LLC
15648 Sw 112 Dr
Lap Bookkeeping Services LLC
15648 Sw 112th Dr
Roberto Sotolongo M.D. Pa
11760 Sw 156 Court
Walsh Frank Trucking, Inc.
15596 Sw 110 Terr
Westchester Cafeteria, Inc.
15597 Sw 111th Ter
Jc Beauty Supply Inc
15555 Sw 112 Way
Southeast Claims, Inc.
15581 Sw 112 Drive
Escribano, Corp.
11250 Sw 156 Avenue
Poseidon Insurance Corp
15569 Sw 112th Dr
Gvs Home Exchange LLC
11863 Sw 155 Court
Mpfs LLC
11903 Sw 155 Ct
Ragos Investments, LLC
15572 Sw 112 Terrace
Alfa Omega Technologies LLC
15572 Sw 112 Terrace
Ramarin Investments, LLC
15572 Sw 112 Terrace
Bohemian Entertainment, Inc.
15554 Sw 112th Dr
Gilufa, LLC
15572 Sw 112 Ter
Related Consulting Group Inc.
15541 Sw 112 Drive
Clemenesca Realty, LLC.
15550 Sw 112 Drive
Clemenesca Corp.
15550 Sw 112 Drive
Madayphotography, LLC
15573 Sw 112th Dr
Csg Consulting Services, LLC
15541 Sw 112th Dr
Your Marriage Village LLC
15541 Sw 112th Dr
Disclaimers and Disclosures

Public Records Data

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