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 
15416 Sw 178 Ter Single Family 2,052 B
15437 Sw 179 Ter Single Family 2,052 B
15427 Sw 179 Ter Single Family 1,722 B
15406 Sw 178 Ter Single Family 2,024 B
17848 Sw 154 Ct Single Family 1,700 B
17840 Sw 154 Ct Single Family 1,700 B
15425 Sw 178 Ter Single Family 2,049 B
17900 Sw 154 Ct Single Family 1,722 B
15417 Sw 179 Ter Single Family 1,841 B
17832 Sw 154 Ct Single Family 1,951 B
15415 Sw 178 Ter Single Family 1,697 B
15396 Sw 178 Ter Single Family 2,223 B
17908 Sw 154 Ct Single Family 1,764 B
15405 Sw 178 Ter Single Family 1,728 B
15407 Sw 179 Ter Single Family 1,862 B
17937 Sw 154 Ct Single Family 1,892 B
15395 Sw 178 Ter Single Family 1,867 B
17938 Sw 154 Ct Single Family 1,577 B
17855 Sw 154 Pl Single Family 2,223 B
17905 Sw 154 Pl Single Family 2,049 B
15386 Sw 178 Ter Single Family 2,052 B
15424 Sw 178 St Single Family 2,047 B
17816 Sw 154 Ct Single Family 1,828 B
17845 Sw 154 Pl Single Family 1,898 B
15414 Sw 178 St Single Family 1,725 B
17915 Sw 154 Pl Single Family 1,841 B
17934 Sw 154 Ave Single Family 1,892 B
15387 Sw 179 Ter Single Family 1,717 B
15404 Sw 178 St Single Family 2,052 B
17835 Sw 154 Pl Single Family 1,841 B
15385 Sw 178 Ter Single Family 2,049 B
17925 Sw 154 Pl Single Family 1,726 B
17958 Sw 154 Ct Single Family 1,892 B
17808 Sw 154 Ct Single Family 1,848 B
17957 Sw 154 Ct Single Family 1,577 B
15376 Sw 178 Ter Single Family 1,722 B
15394 Sw 178 St Single Family 1,722 B
17825 Sw 154 Pl Single Family 1,848 B
15377 Sw 179 Ter Single Family 1,745 B
17954 Sw 154 Ave Single Family 1,577 B
17935 Sw 154 Pl Single Family 1,725 B
15375 Sw 178 Ter Single Family 2,049 B
18008 Sw 154 Ct Single Family 1,751 B
17933 Sw 154 Ave Single Family 1,892 B
15384 Sw 178 St Single Family 1,862 B
17800 Sw 154 Ct Single Family 1,898 B
17815 Sw 154 Pl Single Family 1,717 B
18007 Sw 154 Ct Single Family 2,044 B
15366 Sw 178 Ter Single Family 2,049 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 54 of all properties in this area. This suggests it would appeal to someone earning around $73,791 per year who should qualify for a mortgage between $147,582 and $184,478.

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 54 of all properties in this area. This corresponds to a rent of $1,380 per month and a monthly household income of $3,744 ($44,928 per year)

Nearby Companies

Just4electronics,Inc
15425 Sw 178 Terr
Beauty By Vanessa LLC
15415 Sw 178th Ter
M A Pool Designer, LLC
15406 Sw 178 Terrace
Ja Engineering & Design Inc
15406 Sw 178 Terrace
Melissa Sanchez, P.A.
15623 Sw 178 Street
Net-Techservices.Net, LLC
15623 Sw 178th St
Moya Towing Services Corp
17758 Sw 154 Ct
Diaz Buff Body Shop, Corp
15584 Sw 178th St
Safe And Sound Customs Corp
15523 Sw 178th St
Lissette M Dominguez Arnp, P.A.
15524 Sw 178 Street
Miami Loss Consultants, LLC
9853 Sw 154 Court
Newborn Photo Art, Inc.
8845 Sw 154 Terr
R & L Business Group Inc
8350 Sw 154 Ave
Mafer International Corp.
15417 Sw 179 Ter
Lovely Brielle, LLC
17926 Sw 154 Pl
Mane Cave Barbershop LLC
18026 Sw 154th Pl
Rand Tax Associates, Inc.
15365 Sw 178 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.

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