1431 Se 18 Ter, Homestead

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

AddressTypeSq FtClass 
1421 Se 18 Ter Single Family 1,877 C
1441 Se 18 Ter Single Family 1,681 C
1411 Se 18 Ter Single Family 1,681 C
1451 Se 18 Ter Single Family 1,681 C
1440 Se 18 Pl Single Family 1,681 C
1430 Se 18 Pl Single Family 1,701 C
1450 Se 18 Pl Single Family 1,543 C
1461 Se 18 Ter Single Family 1,701 C
1401 Se 18 Ter Single Family 1,995 C
1420 Se 18 Pl Single Family 1,995 C
1440 Se 18 Ter Single Family 1,701 C
1430 Se 18 Ter Single Family 1,701 C
1450 Se 18 Ter Single Family 1,995 C
1840 Se 14 Ct Single Family 1,543 C
1420 Se 18 Ter Single Family 1,543 C
1410 Se 18 Pl Single Family 1,681 C
1471 Se 18 Ter Single Family 1,995 C
1460 Se 18 Ter Single Family 2,067 C
1410 Se 18 Ter Single Family 1,701 C
1470 Se 18 Ter Single Family 1,543 C
1400 Se 18 Ter Single Family 1,701 C
1481 Se 18 Ter Single Family 1,995 C
1876 Se 14 Ct Single Family 1,995 C
1881 Se 14 Ct Single Family 1,701 C
1480 Se 18 Ter Single Family 1,701 C
1396 Se 18 Ter Single Family 1,701 C
1847 Se 15 St Single Family 1,877 C
1880 Se 14 St Single Family 1,877 C
1857 Se 14 St Single Family 1,701 C
1853 Se 14 St Single Family 1,701 C
1861 Se 14 St Single Family 1,701 C
1865 Se 14 St Single Family 1,543 C
1380 Se 18 Ter Single Family 1,701 C
1880 Se 14 Ct Single Family 1,681 C
1895 Se 14 Ct Single Family 1,701 C
1490 Se 18 Ter Single Family 1,701 C
1869 Se 14 St Single Family 1,995 C
1873 Se 15 St Single Family 1,995 C
1884 Se 14 St Single Family 1,995 C
1364 Se 18 Ter Single Family 1,701 C
1873 Se 14 St Single Family 1,995 C
1881 Se 15 St Single Family 1,701 C
1894 Se 14 Ct Single Family 1,681 C
1899 Se 14 Ct Single Family 1,701 C
1816 Se 15 St Single Family 1,995 C
1888 Se 14 St Single Family 1,995 C
1877 Se 14 St Single Family 1,995 C
1889 Se 15 St Single Family 1,701 C
1348 Se 18 Ter Single Family 1,995 C

Local Household Income

The median household income in this part of Florida is $59,750. The bottom 10% of the population earn less than $15,113 per year. The top 10% earn more than $164,280 per year. The top 1% earn more than $542,576 per year. Most renters earn between $26,844 (20th percentile) and $59,088 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,500 and $149,375.

The tax assessed value of this property places it in percentile 19 of all properties in this area. This suggests it would appeal to someone earning around $24,597 per year who should qualify for a mortgage between $49,194 and $61,493.

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 $1,192. Most renters earn between $2,237 and $4,924 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 19 of all properties in this area. This corresponds to a rent of $746 per month and a monthly household income of $2,146 ($25,752 per year)

Nearby Companies

George & Mary Jones Family Reunion Inc.
1340 Se 17th Ave
Crown Ambassador Investments, Inc.
1441 Se 17th Ave
Al Construction Inc
1421 Se 18th Ter
Logistics Management Usa Corp
1884 Se 14 Street
South Florida Collectibles, LLC
1840 Se 14 Court
Carefront Counseling, LLC
1881 Se 15th St
Eaglevest LLC
1501 Se 17 Ave
Aie United LLC
1471 Se 18 Terrace
American Safety Associates, L.L.C.
1470 Se 18 Terr
Disclaimers and Disclosures

Public Records Data

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