12945 Sw 116 St, Unincorporated County

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 
12935 Sw 116 St Single Family 1,858 B
12955 Sw 116 St Single Family 2,251 B
12960 Sw 115 Ter Single Family 2,517 B
12970 Sw 115 Ter Single Family 2,758 B
11513 Sw 129 Pl Single Family 2,944 B
12925 Sw 116 St Single Family 2,020 B
12950 Sw 116 St Single Family 2,626 B
12882 Sw 115 Ter Single Family 2,477 B
12930 Sw 116 St Single Family 2,888 B
12872 Sw 115 Ter Single Family 2,255 B
12970 Sw 116 St Outdoor recreational or high-water recharge subject 0 L
11503 Sw 129 Pl Single Family 2,292 B
13004 Sw 115 Ter Single Family 2,232 B
12915 Sw 116 St Single Family 2,250 B
12965 Sw 115 Ter Single Family 2,458 B
11362 Sw 129 Ct Single Family 2,980 B
12975 Sw 115 Ter Single Family 2,458 B
12910 Sw 116 St Single Family 2,255 B
13000 Sw 116 St Outdoor recreational or high-water recharge subject 0 L
13011 Sw 116 St Single Family 2,297 B
11502 Sw 129 Pl Single Family 2,494 B
11413 Sw 129 Pl Single Family 2,091 B
13014 Sw 115 Ter Single Family 2,458 B
12865 Sw 116 St Single Family 1,858 B
13005 Sw 115 Ter Single Family 2,239 B
12852 Sw 115 Ter Single Family 2,251 B
11332 Sw 129 Ct Single Family 2,020 B
11381 Sw 129 Ct Single Family 2,126 B
12890 Sw 116 St Single Family 2,295 B
13010 Sw 116 St Single Family 1,749 B
11412 Sw 129 Pl Single Family 2,494 B
11403 Sw 129 Pl Single Family 2,313 B
13021 Sw 116 St Single Family 2,523 B
12855 Sw 116 St Single Family 2,365 B
13015 Sw 115 Ter Single Family 2,502 B
12842 Sw 115 Ter Single Family 1,858 B
13024 Sw 115 Ter Single Family 2,494 B
11311 Sw 130 Ave Single Family 2,426 B
12851 Sw 115 Ter Single Family 2,020 B
11351 Sw 129 Ct Single Family 1,852 B
11400 Sw 130 Ave Single Family 2,409 B
13020 Sw 116 St Single Family 2,298 B
12880 Sw 116 St Single Family 2,292 B
11252 Sw 129 Ct Single Family 1,848 B
11402 Sw 129 Pl Single Family 2,426 B
12841 Sw 115 Ter Single Family 2,020 B
11313 Sw 129 Pl Single Family 2,013 B
11331 Sw 129 Ct Single Family 2,477 B
12845 Sw 116 St Single Family 1,858 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 81 of all properties in this area. This suggests it would appeal to someone earning around $125,943 per year who should qualify for a mortgage between $251,886 and $314,858.

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 81 of all properties in this area. This corresponds to a rent of $1,740 per month and a monthly household income of $4,722 ($56,664 per year)

Nearby Companies

Puente Roofing Services Inc.
11412 Sw 129th Pl
Zitro Painting, LLC
11252 Sw 129 Ct
Lindgren Lake Homeowners Association, Inc.
13020 Sw 116 Street
Crossing Consulting Inc.
12945 Sw 116th St
Aris Natural Foods, LLC
11381 Sw 129 Court
N S Jeweles, Inc.
13014 Sw 115th Ter
Disclaimers and Disclosures

Public Records Data

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