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 
26243 Sw 141 Pl 47 Condominium 959 B
26227 Sw 141 Pl 50 Condominium 959 B
26235 Sw 141 Pl 54 Condominium 959 B
26231 Sw 141 Pl 56 Condominium 959 B
26229 Sw 141 Pl 49 Condominium 959 B
26241 Sw 141 Pl 48 Condominium 959 B
26237 Sw 141 Pl 53 Condominium 959 B
26233 Sw 141 Pl 55 Condominium 959 B
26245 Sw 141 Pl 46 Condominium 959 B
26216 Sw 141 Pl 36 Condominium 959 B
26225 Sw 141 Pl 51 Condominium 959 B
26212 Sw 141 Pl 30 Condominium 959 B
26210 Sw 141 Pl 31 Condominium 959 B
26218 Sw 141 Pl 35 Condominium 959 B
26222 Sw 141 Pl 33 Condominium 959 B
26208 Sw 141 Pl 32 Condominium 959 B
26220 Sw 141 Pl 34 Condominium 959 B
26223 Sw 141 Pl 52 Condominium 959 B
26214 Sw 141 Pl 29 Condominium 959 B
26314 Sw 141 Pl 19 Condominium 959 B
26323 Sw 141 Pl 40 Condominium 959 B
26325 Sw 141 Pl 39 Condominium 959 B
26312 Sw 141 Pl 20 Condominium 959 B
26347 Sw 141 Pl 17 Condominium 959 B
26342 Sw 141 Pl 26 Condominium 959 B
26338 Sw 141 Pl 28 Condominium 959 B
26334 Sw 141 Pl 22 Condominium 959 B
26329 Sw 141 Pl 37 Condominium 959 B
26330 Sw 141 Pl 24 Condominium 959 B
26327 Sw 141 Pl 38 Condominium 959 B
26345 Sw 141 Pl 18 Condominium 959 B
26332 Sw 141 Pl 23 Condominium 959 B
26336 Sw 141 Pl 21 Condominium 959 B
26344 Sw 141 Pl 25 Condominium 959 B
26340 Sw 141 Pl 27 Condominium 959 B
26364 Sw 141 Pl 12 Condominium 959 B
26366 Sw 141 Pl 10 Condominium 959 B
26375 Sw 141 Pl 13 Condominium 959 B
26360 Sw 141 Pl 11 Condominium 959 B
26362 Sw 141 Pl 9 Condominium 959 B
26377 Sw 141 Pl 14 Condominium 959 B
14201 Henderson St Single Family 1,252 C
26326 Sw 140 Pl 16 Condominium 959 B
26328 Sw 140 Pl 15 Condominium 959 B
14006 Sw 263 Ln Vacant Residential 0 L
14122 Sw 263 Ln 6 Condominium 959 B
14124 Sw 263 Ln 5 Condominium 959 B
14114 Sw 263 Ln 2 Condominium 959 B
14116 Sw 263 Ln 1 Condominium 959 B

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 5 of all properties in this area. This suggests it would appeal to someone earning around $8,612 per year who should qualify for a mortgage between $17,224 and $21,530.

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 5 of all properties in this area. This corresponds to a rent of $212 per month and a monthly household income of $1,104 ($13,248 per year)

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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