10040 Nicaragua Dr, Cutler Bay

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 
10030 Nicaragua Dr Single Family 1,466 C
10100 Nicaragua Dr Single Family 1,365 C
10035 Pan American Dr Single Family 1,058 C
10045 Pan American Dr Single Family 1,263 C
10025 Pan American Dr Single Family 1,315 C
10101 Pan American Dr Single Family 1,618 C
10020 Nicaragua Dr Single Family 1,405 C
10110 Nicaragua Dr Single Family 1,285 C
10045 Nicaragua Dr Single Family 1,534 C
10035 Nicaragua Dr Single Family 1,215 C
10105 Nicaragua Dr Single Family 2,428 C
10015 Pan American Dr Single Family 1,253 C
10115 Pan American Dr Single Family 1,315 C
10025 Nicaragua Dr Single Family 1,384 C
10115 Nicaragua Dr Single Family 1,368 C
10010 Nicaragua Dr Single Family 1,658 C
10120 Nicaragua Dr Single Family 1,672 C
21100 Beach Rd Single Family 1,495 C
10100 Montego Bay Dr Single Family 1,362 C
10005 Pan American Dr Single Family 1,182 C
10040 Montego Bay Dr Single Family 1,369 C
10125 Nicaragua Dr Single Family 1,386 C
10015 Nicaragua Dr Single Family 2,012 C
10125 Pan American Dr Single Family 2,573 C
10110 Montego Bay Dr Single Family 1,339 C
10040 Pan American Dr Single Family 1,355 C
10030 Montego Bay Dr Single Family 1,248 C
10100 Pan American Dr Single Family 1,369 C
10000 Nicaragua Dr Single Family 1,232 C
10120 Montego Bay Dr Single Family 1,453 C
21101 Beach Rd Single Family 1,215 C
21110 Beach Rd Single Family 1,613 C
10110 Pan American Dr Single Family 1,683 C
10135 Nicaragua Dr Single Family 1,480 C
9985 Pan American Dr Single Family 991 C
10020 Montego Bay Dr Single Family 1,687 C
10135 Pan American Dr Single Family 1,716 C
10005 Nicaragua Dr Single Family 1,417 C
10120 Pan American Dr Single Family 1,494 C
10130 Montego Bay Dr Single Family 1,496 C
10200 Nicaragua Dr Single Family 1,238 C
21115 Beach Rd Single Family 1,318 C
10010 Montego Bay Dr Single Family 1,685 C
21100 Bluewater Rd Single Family 1,215 C
10205 Nicaragua Dr Single Family 1,547 C
10205 Pan American Dr Single Family 1,570 C
21120 Beach Rd Single Family 1,472 C
10105 Montego Bay Dr Single Family 1,340 C
10045 Montego Bay Dr Single Family 1,478 C

Local Household Income

The median household income in this part of Florida is $93,333. The bottom 10% of the population earn less than $26,702 per year. The top 10% earn more than $344,964 per year. The top 1% earn more than $765,737 per year. Most renters earn between $34,464 (20th percentile) and $73,464 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $186,666 and $233,333.

The tax assessed value of this property places it in percentile 36 of all properties in this area. This suggests it would appeal to someone earning around $68,167 per year who should qualify for a mortgage between $136,334 and $170,418.

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 $1,158. Most renters earn between $2,872 and $6,122 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $881 (20th percentile) to $1,776 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 36 of all properties in this area. This corresponds to a rent of $1,042 per month and a monthly household income of $3,240 ($38,880 per year)

Nearby Companies

In Motion Rehabilitation, Inc.
21125 Beach Rd
Nelson Express Logistics LLC
9960 Nicaragua Dr
Blkdog Enterprises LLC
10020 Montego Bay Dr
At Thirtythree LLC
21135 Beach Rd
Blockbuster Mining, LLC
21135 Beach Rd
Joel Upholstery At Cutler Bay Corp
21100 Beach Rd
American Best Trucking Corp
21100 Beach Rd
Gr Car Polish Corp
21100 Beach Rd
Family First Developmental Group Home Inc
10030 Nicaragua Dr
Disclaimers and Disclosures

Public Records Data

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