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 
15943 Sw 81 St Single Family 1,541 B
15955 Sw 81 St Single Family 2,408 B
8033 Sw 159 Pl Single Family 1,542 B
15937 Sw 81 St Single Family 1,542 B
8030 Sw 159 Ct Single Family 1,542 B
8013 Sw 159 Pl Single Family 1,786 B
15956 Sw 81 St Single Family 1,721 B
15931 Sw 81 St Single Family 1,797 B
15950 Sw 81 St Single Family 1,721 B
15962 Sw 81 St Single Family 1,770 B
8050 Sw 159 Ct Single Family 1,761 B
15944 Sw 81 St Single Family 2,480 B
8010 Sw 159 Ct Single Family 2,031 B
8060 Sw 159 Pl Single Family 1,461 B
8040 Sw 159 Pl Single Family 1,460 B
15938 Sw 81 St Single Family 1,721 B
15925 Sw 81 St Single Family 1,542 B
8080 Sw 159 Pl Single Family 1,958 B
8020 Sw 159 Pl Single Family 1,542 B
8120 Sw 159 Pl Single Family 1,541 B
15953 Sw 81 Ter Single Family 1,460 B
8100 Sw 159 Pl Single Family 2,796 B
15959 Sw 81 Ter Single Family 1,779 B
15947 Sw 81 Ter Single Family 1,721 B
15932 Sw 81 St Single Family 1,779 B
15941 Sw 81 Ter Single Family 1,460 B
8130 Sw 159 Pl Multi-family - less than 10 units 1,742 B
15935 Sw 81 Ter Single Family 1,637 B
15926 Sw 81 St Single Family 1,744 B
8143 Sw 160 Ave Single Family 1,797 B
15929 Sw 81 Ter Single Family 1,460 B
8140 Sw 159 Pl Single Family 1,542 B
8133 Sw 160 Ave Single Family 1,768 B
8051 Sw 159 Ct Single Family 1,778 B
8071 Sw 159 Ct Single Family 1,542 B
8031 Sw 159 Ct Single Family 1,542 B
15923 Sw 81 Ter Single Family 1,460 B
8091 Sw 159 Ct Single Family 1,768 B
15920 Sw 79 Ter Single Family 2,525 B
8011 Sw 159 Ct Single Family 1,768 B
15960 Sw 79 Ter Single Family 1,971 B
15880 Sw 79 Ter Single Family 1,954 B
8101 Sw 159 Ct Single Family 1,768 B
8123 Sw 160 Ave Single Family 1,542 B
15954 Sw 81 Ter Single Family 1,559 B
15948 Sw 81 Ter Single Family 1,790 B
15980 Sw 79 Ter Single Family 1,973 B
15960 Sw 81 Ter Single Family 1,689 B
15860 Sw 79 Ter Single Family 1,962 B

Local Household Income

The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.

The tax assessed value of this property places it in percentile 56 of all properties in this area. This suggests it would appeal to someone earning around $70,528 per year who should qualify for a mortgage between $141,056 and $176,320.

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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 56 of all properties in this area. This corresponds to a rent of $1,391 per month and a monthly household income of $3,442 ($41,304 per year)

Nearby Companies

Strategic Management Group, Inc
15906 Sw 81 Terrace
Yellow Box, Inc.
8118 Sw 158th Pl
New Life Therapies, LLC
8114 Sw 157th Ct
Gm Holdings Miami, LLC
8114 Sw 157th Ct
Harry'S Investments, Corp.
8130 Sw 159th Pl
Edz Services Corp
15926 Sw 81 St
Cigar Familia, LLC
8100 Sw 159 Place
The Amazing Staffman LLC
8111 Sw 159th Ct
Miros Management Corp.
15956 Sw 81 St
American Jet Pressure Inc
15950 Sw 81 St
Ar-Byte Interactive LLC
8010 Sw 159th Ct
Francar Service Corporation
16012 Sw 79 Ter
Pine Grove Estate, LLC
15961 Sw 79th Ter
Monika Paez Inc
15961 Sw 79th Ter
Gallant South Florida LLC
15855 Sw 79 Terrace
Kal Marketing Group LLC.
15921 Sw 79th Ter
Subway 41 & Tnpke, Inc.
7973 Sw 160 Avenue
Quality Palms & Trees, Inc.
15900 Sw 81 Ter
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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