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 
13828 Sw 155 Ter Single Family 1,676 C
13838 Sw 155 Ter Single Family 1,790 C
13800 Sw 155 Ter Single Family 1,417 C
13846 Sw 155 Ter Single Family 1,891 C
15584 Sw 138 Ave Single Family 2,132 C
13798 Sw 155 Ter Single Family 1,463 C
13848 Sw 155 Ter Single Family 1,453 C
13824 Sw 156 St Single Family 1,445 B
13822 Sw 156 St Single Family 1,543 B
13832 Sw 156 St Single Family 1,543 B
15587 Sw 138 Ct Single Family 1,435 C
13784 Sw 156 St Single Family 1,543 B
13796 Sw 155 Ter Single Family 1,771 C
13834 Sw 156 St Single Family 1,691 B
15564 Sw 138 Ave Single Family 1,857 C
13856 Sw 155 Ter Single Family 1,771 C
13782 Sw 156 St Single Family 1,875 B
15585 Sw 138 Ave Single Family 1,261 C
15567 Sw 138 Ct Single Family 1,271 C
13842 Sw 156 St Single Family 1,689 B
13774 Sw 156 St Single Family 1,689 B
13788 Sw 155 Ter Single Family 1,467 C
13858 Sw 155 Ter Single Family 1,463 C
13787 Sw 155 Ter Government Undefined 0 L
15544 Sw 138 Ave Single Family 1,435 C
15565 Sw 138 Ave Single Family 1,572 C
13844 Sw 156 St Single Family 1,543 B
13825 Sw 157 St Single Family 1,543 B
13823 Sw 157 St Single Family 1,445 B
15547 Sw 138 Ct Single Family 1,435 C
13833 Sw 157 St Single Family 1,445 B
13772 Sw 156 St Single Family 1,691 B
13785 Sw 157 St Single Family 1,693 B
13786 Sw 155 Ter Single Family 1,636 C
13835 Sw 157 St Single Family 1,693 B
13866 Sw 155 Ter Single Family 1,771 C
13783 Sw 157 St Single Family 1,691 B
15545 Sw 138 Ave Single Family 1,410 C
15524 Sw 138 Ave Single Family 1,435 C
13852 Sw 156 St Single Family 1,445 B
15582 Sw 137 Pl Single Family 2,090 C
15586 Sw 138 Ct Single Family 1,444 C
13843 Sw 157 St Single Family 1,691 B
15527 Sw 138 Ct Single Family 1,271 C
13764 Sw 156 St Single Family 1,543 B
13775 Sw 157 St Single Family 1,689 B
15566 Sw 138 Ct Single Family 1,289 C
15562 Sw 137 Pl Single Family 1,645 C
13778 Sw 155 Ter Single Family 1,463 C

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 42 of all properties in this area. This suggests it would appeal to someone earning around $58,003 per year who should qualify for a mortgage between $116,006 and $145,008.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$30,823
$61,647
$92,470
$123,293
$58,003

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 42 of all properties in this area. This corresponds to a rent of $1,271 per month and a monthly household income of $3,506 ($42,072 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$205
$2,319
$4,434
$6,548
$8,662
$3,506
$1,271

Nearby Companies

Portell Ventures 15543, LLC
15543 Sw 137 Pl
Farmacia Farmaexpress 24 LLC
15563 Sw 137th Pl
Farmaexpress72 LLC
15563 Sw 137th Pl
Rose Trucking LLC
13836 Sw 157th St
Online Profits Box, LLC
13855 Sw 157 Street
Nare Services LLC
13855 Sw 157th St
Carol N Events Inc
13788 Sw 157th St
Supernova Recovery LLC
13785 Sw 157 St
Mb Service And Repair Inc
13786 Sw 155 Ter
Tmt Consultants Of Miamillc
15589 Sw 138 Pl
Jd Building Supply Corp
15589 Sw 138 Pl
A & P Advisors LLC
15587 Sw 138th Ct
D&N Cargo Services LLC
15587 Sw 138th Ct
Paola Rodriguez Pa
15587 Sw 138th Ct
Gd Pressure Cleaning Corp
13766 Sw 155 Terrace
Troya Travel, Inc.
13768 Sw 155 Terr
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

BESbswy