545 Nw 15 St, Florida City
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 529 Nw 15 St | Vacant Residential | 0 | L | |
| 1410 Nw 5 Ct | Single Family | 1,120 | C |
 |
| 553 Nw 15 St | Single Family | 680 | C |
|
| 540 Nw 14 St | Multi-family - less than 10 units | 3,187 | B |
|
| 546 Nw 15 St | Single Family | 1,380 | C |
|
| 538 Nw 15 St | Single Family | 1,616 | C |
|
| 521 Nw 15 St | Multi-family - less than 10 units | 1,896 | C |
|
| 522 Nw 14 St | Multi-family - less than 10 units | 4,781 | B |
|
| 1502 Nw 5 Ct | Multi-family - less than 10 units | 1,112 | C |
|
| 567 Nw 15 St | Multi-family - less than 10 units | 1,952 | B |
|
| 530 Nw 15 St | Vacant Residential | 0 | L | |
| 562 Nw 15 St | Multi-family - less than 10 units | 1,262 | C |
|
| 522 Nw 15 St | Single Family | 627 | C |
|
| 1430 Nw 5 Ave | Single Family | 1,302 | C |
|
| 577 Nw 15 St | Condominium | 1,230 | B |
|
| 1414 Nw 5 Ave | Single Family | 1,161 | C |
|
| 570 Nw 15 St | Multi-family - less than 10 units | 1,258 | C |
|
| 545 Nw 16 St | Vacant Residential | 0 | L | |
| 1506 Nw 5 Ave | Vacant Residential | 0 | L | |
| 537 Nw 16 St | Multi-family - less than 10 units | 1,316 | C |
|
| 578 Nw 14 St | Condominium | 1,230 | B |
|
| 502 Nw 14 St | Multi-family - less than 10 units | 1,174 | C |
|
| 539 Nw 14 St | Single Family | 0 | B | |
| 581 Nw 15 St | Condominium | 1,230 | B |
|
| 533 Nw 14 St | Single Family | 1,476 | C |
|
| 553 Nw 16 St | Single Family | 1,295 | C |
|
| 529 Nw 16 St | Multi-family - less than 10 units | 1,316 | C |
|
| 1328 Nw 5 Ct | Single Family | 1,405 | C |
|
| 1514 Nw 5 Ave | Vacant Residential | 0 | L | |
| 523 Nw 14 St | Single Family | 1,476 | C |
|
| 576 Nw 15 St | Multi-family - less than 10 units | 1,245 | C |
|
| 582 Nw 14 St | Condominium | 1,230 | B |
|
| 521 Nw 16 St | Multi-family - less than 10 units | 1,411 | C |
|
| 585 Nw 15 St | Condominium | 1,230 | B |
|
| 561 Nw 14 St | Single Family | 1,792 | C |
|
| 521 Nw 14 St | Single Family | 644 | C |
|
| 586 Nw 14 St | Condominium | 1,230 | B |
|
| 569 Nw 16 St | Single Family | 2,118 | C |
|
| 589 Nw 15 St | Condominium | 1,230 | B |
|
| 1522 Nw 5 Ave | Multi-family - less than 10 units | 1,411 | C |
|
| 569 Nw 14 St | Vacant Residential | 0 | L | |
| 590 Nw 14 St | Condominium | 1,230 | B |
|
| 593 Nw 15 St | Condominium | 1,230 | B |
|
| 1320 Nw 5 Ave | Multi-family - less than 10 units | 3,660 | B |
|
| 1505 Nw 6 Ave | Vacant Residential | 0 | L | |
| 577 Nw 16 St | Vacant Residential | 0 | L | |
| 501 Nw 16 St | Multi-family - less than 10 units | 1,213 | C |
|
| 577 Nw 14 St | Single Family | 661 | C |
|
| 594 Nw 14 St | Condominium | 1,230 | B |
|
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 1 of all properties in this area. This suggests it would appeal to someone earning around $434 per year who should qualify for a mortgage between $868 and $1,085.
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 1 of all properties in this area. This corresponds to a rent of $196 per month and a monthly household income of $715 ($8,580 per year)
Nearby Companies
521 Nw 14 St
545 Nw 15th St
720 Sw 13th St
546 Nw 16th St
589 Nw 15 Street