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 
15023 Sw 127 Cir Pl N Condominium 1,090 B
15015 Sw 127 Cir Pl N Condominium 1,090 B
15011 Sw 127 Cir Pl N Condominium 1,190 B
15074 Sw 127 Ct Condominium 1,190 B
15027 Sw 127 Cir Pl N Condominium 1,090 B
15072 Sw 127 Ct Condominium 1,910 B
15007 Sw 127 Cir Pl N Condominium 1,090 B
15076 Sw 127 Ct Condominium 1,910 B
15070 Sw 127 Ct Condominium 1,090 B
15018 Sw 127 Cir Pl N Condominium 1,090 B
15014 Sw 127 Cir Pl N Condominium 1,470 B
15031 Sw 127 Cir Pl N Condominium 1,190 B
15010 Sw 127 Cir Pl N Condominium 1,090 B
15003 Sw 127 Cir Pl N Condominium 1,190 B
15078 Sw 127 Ct Condominium 1,470 B
15035 Sw 127 Cir Pl N Condominium 1,190 B
15006 Sw 127 Cir Pl N Condominium 1,190 B
15039 Sw 127 Cir Pl N Condominium 1,090 B
12745 Sw 150 Ln Condominium 1,910 B
12747 Sw 150 Ln Condominium 1,090 B
12743 Sw 150 Ln Condominium 1,910 B
15080 Sw 127 Ct Condominium 1,090 B
12740 Sw 150 Ter Condominium 1,090 B
15053 Sw 127 Ct Condominium 1,090 B
15071 Sw 127 Ct Condominium 1,090 B
15073 Sw 127 Ct Condominium 1,910 B
15051 Sw 127 Ct Condominium 1,910 B
15075 Sw 127 Ct Condominium 1,190 B
15063 Sw 127 Cir Pl S Condominium 1,190 B
12741 Sw 150 Ln Condominium 1,190 B
12742 Sw 150 Ter Condominium 1,910 B
15049 Sw 127 Ct Condominium 1,910 B
15077 Sw 127 Ct Condominium 1,910 B
15059 Sw 127 Cir Pl S Condominium 1,470 B
15047 Sw 127 Ct Condominium 1,090 B
15067 Sw 127 Cir Pl S Condominium 1,190 B
12715 Sw 150 Ter Condominium 1,190 B
12719 Sw 150 Ter Condominium 1,910 B
15079 Sw 127 Ct Condominium 1,470 B
12721 Sw 150 Ter Condominium 1,190 B
12744 Sw 150 Ter Condominium 1,470 B
12711 Sw 150 Ter Condominium 1,910 B
15045 Sw 127 Ct Condominium 1,910 B
12749 Sw 150 Ln Condominium 1,090 B
15055 Sw 127 Cir Pl S Condominium 1,090 B
15165 Sw 127 Cir Ct Condominium 1,190 B
15081 Sw 127 Ct Condominium 1,090 B
12731 Sw 150 Ter Condominium 1,910 B
15041 Sw 127 Ct Condominium 1,090 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 28 of all properties in this area. This suggests it would appeal to someone earning around $40,995 per year who should qualify for a mortgage between $81,990 and $102,488.

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 28 of all properties in this area. This corresponds to a rent of $1,127 per month and a monthly household income of $3,115 ($37,380 per year)

Nearby Companies

A&Y Saving LLC
12700 Sw 149 St
Boat Charters Miami LLC
12700 Sw 149 St
Auto Emergency Service Inc.
15071 Sw 127 Court
Icare Rehab Corp
15028 Sw 127th Pl
Dany Jey, Inc
15055 Sw 127 Place
Solairx Services, LLC
15058 Sw 127th Pl
Disclaimers and Disclosures

Public Records Data

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