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 
15369 Sw 119 St Condominium 1,678 B
15363 Sw 119 St Condominium 2,050 B
11859 Sw 154 Ave Condominium 1,838 B
15374 Sw 118 Ter Condominium 2,050 B
11869 Sw 154 Ave Condominium 2,122 B
15368 Sw 118 Ter Condominium 1,678 B
11849 Sw 154 Ave Condominium 2,122 B
15362 Sw 118 Ter Condominium 2,050 B
11839 Sw 154 Ave Condominium 1,838 B
11829 Sw 154 Ave Condominium 1,692 B
11911 Sw 154 Ave Condominium 1,617 B
11914 Sw 153 Pl Condominium 1,661 B
11915 Sw 154 Ave Condominium 1,661 B
11918 Sw 153 Pl Condominium 1,617 B
11919 Sw 154 Ave Condominium 1,507 B
11922 Sw 153 Pl Condominium 1,507 B
15357 Sw 119 St Condominium 1,692 B
11923 Sw 154 Ave Condominium 1,617 B
11860 Sw 154 Ave Condominium 2,050 B
11870 Sw 154 Ave Condominium 1,633 B
15356 Sw 118 Ter Condominium 2,122 B
11850 Sw 154 Ave Condominium 1,678 B
11824 Sw 153 Pl Single Family 2,581 B
11926 Sw 153 Pl Condominium 1,661 B
11840 Sw 154 Ave Condominium 2,050 B
11927 Sw 154 Ave Condominium 1,661 B
15383 Sw 118 Ter Single Family 2,623 B
15351 Sw 119 St Condominium 1,838 B
11908 Sw 154 Ave Condominium 1,749 B
11830 Sw 154 Ave Condominium 1,678 B
15393 Sw 118 Ter Single Family 2,619 B
15350 Sw 118 Ter Condominium 1,838 B
11930 Sw 153 Pl Condominium 1,749 B
11912 Sw 154 Ave Condominium 1,617 B
11931 Sw 154 Ave Condominium 1,749 B
11916 Sw 154 Ave Condominium 1,661 B
15403 Sw 118 Ter Single Family 2,632 B
15345 Sw 119 St Condominium 2,122 B
15344 Sw 118 Ter Condominium 1,692 B
11920 Sw 154 Ave Condominium 1,617 B
15425 Sw 119 St Condominium 1,838 B
15424 Sw 119 St Condominium 1,692 B
11804 Sw 153 Pl Single Family 2,619 B
11924 Sw 154 Ave Condominium 1,507 B
15413 Sw 118 Ter Single Family 2,105 B
11913 Sw 153 Pl Condominium 1,303 B
11823 Sw 153 Pl Single Family 2,171 B
15369 Sw 119 Ln Condominium 1,661 B
15373 Sw 119 Ln Condominium 1,617 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 85 of all properties in this area. This suggests it would appeal to someone earning around $138,941 per year who should qualify for a mortgage between $277,882 and $347,353.

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 85 of all properties in this area. This corresponds to a rent of $1,824 per month and a monthly household income of $4,922 ($59,064 per year)

Nearby Companies

Caba 3 LLC
11825 Sw 154 Ct
Expozuela Corporation
11916 Sw 154 Ave
Disclaimers and Disclosures

Public Records Data

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