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 
15940 Sw 153 Ave Single Family 2,927 C
15933 Sw 153 Ct Single Family 2,677 C
15950 Sw 153 Ct Single Family 2,902 C
15930 Sw 153 Ave Single Family 3,150 C
15922 Sw 153 Ct Single Family 2,902 C
16000 Sw 153 Ave Single Family 3,024 C
15865 Sw 153 Ct Single Family 2,964 C
15391 Sw 160 St Single Family 2,552 C
15955 Sw 153 Ave Single Family 3,000 C
15860 Sw 153 Ave Single Family 2,996 C
16002 Sw 153 Ct Single Family 2,986 C
15870 Sw 153 Ct Single Family 2,449 C
15925 Sw 153 Ave Single Family 3,018 C
16031 Sw 153 Ct Single Family 3,266 C
15861 Sw 154 Ave Single Family 2,615 C
16001 Sw 153 St Single Family 2,991 C
16020 Sw 153 Ave Single Family 2,063 C
16011 Sw 154 Ave Single Family 2,836 C
15875 Sw 153 Ave Single Family 2,917 C
15835 Sw 153 Ct Single Family 3,013 C
16030 Sw 153 Ct Single Family 2,924 C
15840 Sw 153 Ave Single Family 3,054 C
15851 Sw 154 Ave Single Family 2,370 C
15411 Sw 160 St Single Family 2,370 C
15830 Sw 153 Ct Single Family 2,976 C
16021 Sw 153 Ave Single Family 3,119 C
15280 Sw 160 St Single Family 2,663 C
16041 Sw 154 Ave Single Family 2,129 C
16081 Sw 153 Ct Single Family 2,063 C
15845 Sw 153 Ave Single Family 2,518 C
16070 Sw 153 Ave Single Family 2,600 C
15410 Sw 159 St Single Family 2,370 C
15841 Sw 154 Ave Single Family 1,688 C
15815 Sw 153 Ct Single Family 3,013 C
16080 Sw 153 Ct Single Family 2,674 C
15820 Sw 153 Ave Single Family 2,449 C
15421 Sw 160 St Single Family 2,567 C
16010 Sw 154 Ave Single Family 2,669 C
15810 Sw 153 Ct Single Family 3,063 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 91 of all properties in this area. This suggests it would appeal to someone earning around $167,261 per year who should qualify for a mortgage between $334,522 and $418,153.

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 91 of all properties in this area. This corresponds to a rent of $1,979 per month and a monthly household income of $5,345 ($64,140 per year)

Nearby Companies

Rhino Financial Solutions Inc
16041 Sw 154th Ave
Poly Corp., Inc.
16080 Sw 153rd Ct
Dfoc International Corp.
15250 Sw 154th Ter
Ricardo Amparado Guerra Pa
15870 Sw 153 Ct
Joe Desousa Nursery, Inc.
16070 Sw 153 Ave
Manduley And Associates, Inc.
15925 Sw 153rd Ave
Franco Investments, LLC
16070 Sw 153rd Ave
Franco Inv, LLC
16070 Sw 153rd Ave
Defra, LLC
16070 Sw 153rd Ave
Franco Invest, LLC
16070 Sw 153rd Ave
J N J Growers, Inc.
16070 Sw 153rd Ave
Eureka Enterprises, LLC
16021 Sw 153 Ave
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.