16238 Sw 91 Ter, 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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 16246 Sw 91 Ter | Single Family | 2,334 | B |
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| 16230 Sw 91 Ter | Single Family | 2,334 | B |
|
| 16254 Sw 91 Ter | Single Family | 1,752 | B |
|
| 16231 Sw 92 Ter | Single Family | 1,797 | B |
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| 16247 Sw 92 Ter | Single Family | 1,797 | B |
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| 9155 Sw 162 Ct | Single Family | 2,334 | B |
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| 16262 Sw 91 Ter | Single Family | 1,544 | B |
|
| 16255 Sw 92 Ter | Single Family | 1,359 | B |
|
| 9142 Sw 162 Pl | Single Family | 2,032 | B |
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| 9141 Sw 162 Ct | Single Family | 1,752 | B |
|
| 9221 Sw 162 Ct | Single Family | 2,778 | B |
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| 16263 Sw 92 Ter | Single Family | 1,359 | B |
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| 16270 Sw 91 Ter | Single Family | 1,752 | B |
|
| 9127 Sw 162 Ct | Single Family | 1,797 | B |
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| 9128 Sw 162 Pl | Single Family | 1,752 | B |
|
| 16271 Sw 92 Ter | Single Family | 1,359 | B |
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| 16240 Sw 92 Ter | Single Family | 1,359 | B |
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| 9239 Sw 162 Ct | Single Family | 2,334 | B |
|
| 16248 Sw 92 Ter | Single Family | 1,544 | B |
|
| 9143 Sw 162 Path | Single Family | 1,752 | B |
|
| 9113 Sw 162 Ct | Single Family | 2,379 | B |
|
| 9114 Sw 162 Pl | Single Family | 1,752 | B |
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| 16278 Sw 91 Ter | Single Family | 1,544 | B |
|
| 16256 Sw 92 Ter | Single Family | 1,359 | B |
|
| 16201 Sw 92 St | Utility | 462 | B |
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| 16279 Sw 92 Ter | Single Family | 2,032 | B |
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| 9129 Sw 162 Path | Single Family | 1,752 | B |
|
| 16264 Sw 92 Ter | Single Family | 1,359 | B |
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| 9257 Sw 162 Ct | Single Family | 1,797 | B |
|
| 9100 Sw 162 Pl | Single Family | 1,544 | B |
|
| 9115 Sw 162 Path | Single Family | 1,752 | B |
|
| 16272 Sw 92 Ter | Single Family | 1,359 | B |
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| 9275 Sw 162 Ct | Single Family | 1,544 | B |
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| 16287 Sw 92 Ter | Single Family | 2,032 | B |
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| 16241 Sw 93 St | Single Family | 2,032 | B |
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| 9074 Sw 162 Pl | Single Family | 1,544 | B |
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| 16286 Sw 91 Ter | Single Family | 2,032 | B |
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| 16249 Sw 93 St | Single Family | 1,752 | B |
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| 9101 Sw 162 Path | Single Family | 1,544 | B |
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| 16280 Sw 92 Ter | Single Family | 1,752 | B |
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| 16257 Sw 93 St | Single Family | 1,752 | B |
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| 16265 Sw 93 St | Single Family | 1,359 | B |
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| 9293 Sw 162 Ct | Single Family | 1,544 | B |
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| 9073 Sw 162 Ct | Single Family | 2,032 | B |
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| 9158 Sw 162 Path | Single Family | 2,334 | B |
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| 9075 Sw 162 Path | Single Family | 1,797 | B |
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| 9060 Sw 162 Pl | Single Family | 1,752 | B |
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| 9144 Sw 162 Path | Single Family | 1,797 | B |
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| 16273 Sw 93 St | Single Family | 1,752 | B |
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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 71 of all properties in this area. This suggests it would appeal to someone earning around $102,297 per year who should qualify for a mortgage between $204,594 and $255,743.
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 71 of all properties in this area. This corresponds to a rent of $1,558 per month and a monthly household income of $4,200 ($50,400 per year)
Nearby Companies
9321 Sw 162 Ct
16270 Sw 91 Terrace
16278 Sw 91 Terrace
16230 Sw 91 Terr
9114 Sw 162 Pl
9155 Sw 162nd Ct
9155 Sw 162nd Ct
17141 Sw 91st St
17005 Sw 91 Street
17005 Sw 91 Street
17031 Sw 91st St
17020 Sw 91st St
9074 Sw 162nd Path
9276 Sw 162nd Path
9222 Sw 162 Path
14935 Sw 91 Terrace
17059 Sw 91 Terrace
17068 Sw 91 Ter