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 
17953 Sw 153 Pl Single Family 1,572 B
17930 Sw 153 Ct Single Family 1,892 B
17950 Sw 153 Ct Single Family 2,111 B
18003 Sw 153 Pl Single Family 1,572 B
15347 Sw 179 Ter Single Family 1,847 B
15337 Sw 179 Ter Single Family 2,043 B
17932 Sw 153 Pl Single Family 1,875 B
15357 Sw 179 Ter Single Family 2,049 B
18000 Sw 153 Ct Single Family 1,892 B
17952 Sw 153 Pl Single Family 1,390 B
15327 Sw 179 Ter Single Family 1,697 B
18013 Sw 153 Pl Single Family 1,572 B
15367 Sw 179 Ter Single Family 1,847 B
15378 Sw 179 Ter Government Undefined 0 L
18002 Sw 153 Pl Single Family 1,577 B
15317 Sw 179 Ter Single Family 1,722 B
18010 Sw 153 Ct Single Family 1,749 B
15308 Sw 179 Ter Single Family 1,892 B
15346 Sw 178 Ter Single Family 1,898 B
15336 Sw 178 Ter Single Family 2,218 B
15377 Sw 179 Ter Single Family 1,745 B
18014 Sw 153 Pl Single Family 1,584 B
18023 Sw 153 Pl Single Family 1,952 B
15356 Sw 178 Ter Single Family 1,862 B
15326 Sw 178 Ter Single Family 2,295 B
17933 Sw 154 Ave Single Family 1,892 B
17953 Sw 154 Ave Single Family 1,892 B
15307 Sw 179 Ter Single Family 1,722 B
15366 Sw 178 Ter Single Family 2,049 B
18003 Sw 154 Ave Single Family 1,892 B
15316 Sw 178 Ter Single Family 2,049 B
15298 Sw 179 Ter Single Family 1,722 B
18022 Sw 153 Pl Single Family 1,892 B
15387 Sw 179 Ter Single Family 1,717 B
18033 Sw 153 Pl Single Family 2,572 B
15376 Sw 178 Ter Single Family 1,722 B
15297 Sw 179 Ter Single Family 2,214 B
18013 Sw 154 Ave Single Family 1,892 B
15306 Sw 178 Ter Single Family 2,214 B
18030 Sw 153 Ct Single Family 1,584 B
15301 Sw 180 Ter Single Family 2,341 B
15288 Sw 179 Ter Single Family 1,725 B
18032 Sw 153 Pl Single Family 1,749 B
18031 Sw 153 Ct Single Family 1,904 B
15407 Sw 179 Ter Single Family 1,862 B
15386 Sw 178 Ter Single Family 2,052 B
18023 Sw 154 Ave Single Family 1,577 B
15296 Sw 178 Ter Single Family 1,722 B
18043 Sw 153 Pl Single Family 1,572 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 56 of all properties in this area. This suggests it would appeal to someone earning around $76,280 per year who should qualify for a mortgage between $152,560 and $190,700.

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 56 of all properties in this area. This corresponds to a rent of $1,404 per month and a monthly household income of $3,776 ($45,312 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
The Catering Group LLC
18004 Sw 154 Ave
Ah Development LLC
18004 Sw 154 Ave
Ah Capital Financial Corp
18004 Sw 154th Ave
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
J Serna, Inc.
18034 Sw 154 Ave
Fabregat Service And Repair Inc
18024 Sw 154th Ave
Iyanla Creations Inc
18033 Sw 153 Pl
G Lopez Transport, Inc
17933 Sw 153 Pl
Frechell, LLC.
17930 Sw 153 Ct
Painite Construction LLC
17930 Sw 153 Ct
Majestic Senior Care Alf, Inc.
15347 Sw 179th Ter
Ntr Transport, Inc
15307 Sw 179th Ter
Rand Tax Associates, Inc.
15365 Sw 178 Terr
Ocean Fantasy, Inc.
15285 Sw 178 Terr
Playtheory LLC
15266 Sw 178th 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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