11458 Sw 242 Ln, Unincorporated County

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 
11450 Sw 242 Ln Single Family 2,974 C
24301 Sw 114 Path Single Family 2,538 C
24311 Sw 114 Path Single Family 2,616 C
24321 Sw 114 Path Single Family 3,421 C
11459 Sw 243 Ter Single Family 2,661 C
11451 Sw 243 Ter Single Family 3,339 C
2428 Sw 114 Ave A Condominium 2,295 B
11434 Sw 242 Ln Single Family 3,339 C
11443 Sw 243 Ter Single Family 3,339 C
11457 Sw 242 Ln Single Family 2,616 C
24331 Sw 114 Path Single Family 2,679 C
11449 Sw 242 Ln Single Family 2,538 C
11465 Sw 242 Ln Single Family 3,339 C
11441 Sw 242 Ln Single Family 3,339 C
11435 Sw 243 Ter Single Family 2,591 C
11473 Sw 242 Ln Single Family 2,538 C
11426 Sw 242 Ln Single Family 2,616 C
11433 Sw 242 Ln Single Family 3,421 C
11427 Sw 243 Ter Single Family 3,339 C
11481 Sw 242 Ln Single Family 3,339 C
24306 Sw 114 Path Single Family 2,974 C
24278 Sw 114 Path Single Family 2,538 C
11418 Sw 242 Ln Single Family 3,339 C
11425 Sw 242 Ln Single Family 2,616 C
24316 Sw 114 Path Single Family 2,538 C
11468 Sw 242 St Single Family 2,549 C
24260 Sw 114 Path Single Family 3,339 C
11458 Sw 242 St Single Family 2,549 C
11460 Sw 243 Ter Single Family 2,591 C
11478 Sw 242 St Single Family 2,337 C
11452 Sw 243 Ter Single Family 2,538 C
11419 Sw 243 Ter Single Family 3,339 C
11464 Sw 243 Ter Single Family 2,538 C
11448 Sw 242 St Single Family 2,337 C
11444 Sw 243 Ter Single Family 2,616 C
24326 Sw 114 Path Single Family 2,974 C
11488 Sw 242 St Single Family 2,549 C
11468 Sw 243 Ter Single Family 3,339 C
11438 Sw 242 St Single Family 2,549 C
11436 Sw 243 Ter Single Family 2,591 C
11410 Sw 242 Ln Single Family 3,339 C
11411 Sw 243 Ter Single Family 2,591 C
11428 Sw 243 Ter Single Family 2,538 C
11428 Sw 242 St Single Family 2,549 C
24336 Sw 114 Path Single Family 3,339 C
11472 Sw 243 Ter Single Family 2,922 C
24303 Sw 115 Ct Vacant Residential 0 L
24313 Sw 115 Ct Vacant Residential 0 L
11402 Sw 242 Ln Single Family 2,974 C

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,237 per year. The top 10% earn more than $141,434 per year. The top 1% earn more than $427,118 per year. Most renters earn between $24,456 (20th percentile) and $50,100 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 91 of all properties in this area. This suggests it would appeal to someone earning around $148,109 per year who should qualify for a mortgage between $296,218 and $370,273.

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 $1,055. Most renters earn between $2,038 and $4,175 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $664 (20th percentile) to $1,496 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 91 of all properties in this area. This corresponds to a rent of $1,733 per month and a monthly household income of $4,862 ($58,344 per year)

Nearby Companies

Orlando Salsa Congress Inc
24336 Sw 114 Path
Dig The Land LLC
11451 Sw 244 Ter
Jm Computing And Services, Corp.
11468 Sw 242 St
Zero Hype Clothing Corporation
11468 Sw 242 St
Domesa Miami LLC
11458 Sw 242 Ln
Lese Trucking, LLC
11434 Sw 242 Lane
Tech Electric, Inc.
11451 Sw 243 Terr
Nancy St Leger Nsl Danse Ensemble Inc
11364 Sw 243rd Ter
Rsk Housing Solutions LLC
24323 Sw 115 Ct
Lorena Speech Therapy Corp
24313 Sw 115th Ct
Disclaimers and Disclosures

Public Records Data

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