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 
20828 Sw 123 Ct Single Family 1,269 C
12333 Sw 209 St Single Family 1,131 C
12339 Sw 209 St Single Family 1,371 C
20816 Sw 123 Ct Single Family 1,371 C
20834 Sw 123 Ct Single Family 1,371 C
12345 Sw 209 St Single Family 1,269 C
20815 Sw 123 Ct Single Family 1,131 C
20809 Sw 123 Ct Single Family 1,989 C
20808 Sw 123 Ct Single Family 1,527 C
20821 Sw 123 Ct Single Family 1,645 C
20798 Sw 123 Ct Single Family 1,371 C
12351 Sw 209 St Single Family 2,161 C
20827 Sw 123 Ct Single Family 1,131 C
12334 Sw 209 St Single Family 1,371 C
12340 Sw 209 St Single Family 1,371 C
12357 Sw 209 St Single Family 1,131 C
20816 Sw 123 Ave Single Family 1,269 C
20810 Sw 123 Ave Single Family 1,371 C
12328 Sw 209 St Single Family 1,131 C
12346 Sw 209 St Single Family 1,371 C
20822 Sw 123 Ave Single Family 1,371 C
12322 Sw 209 St Single Family 1,371 C
20911 Sw 123 Ct Single Family 1,371 C
12340 Sw 207 Ter Single Family 1,131 C
12360 Sw 207 Ter Single Family 1,371 C
20828 Sw 123 Ave Single Family 1,527 C
12352 Sw 209 St Single Family 1,371 C
12339 Sw 208 Ter Single Family 1,269 C
12316 Sw 209 St Single Family 1,131 C
12380 Sw 207 Ter Single Family 1,131 C
12260 Sw 207 Ter Single Family 1,131 C
20933 Sw 124 Ave Rd Single Family 1,527 C
20939 Sw 124 Ave Rd Single Family 1,371 C
20927 Sw 124 Ave Rd Single Family 1,371 C
12363 Sw 209 St Single Family 1,371 C
12358 Sw 209 St Single Family 1,269 C
20917 Sw 123 Ct Single Family 1,492 C
20945 Sw 124 Ave Rd Single Family 1,131 C
20834 Sw 123 Ave Single Family 1,371 C
12370 Sw 207 Ter Government Undefined 0 L
12333 Sw 208 Ter Single Family 1,964 C
20921 Sw 124 Ave Rd Single Family 1,131 C
20910 Sw 123 Ct Single Family 1,527 C
12250 Sw 207 Ter Single Family 1,371 C
20951 Sw 124 Ave Rd Single Family 1,269 C
20811 Sw 123 Ave Single Family 1,371 C
20817 Sw 123 Ave Single Family 1,371 C
12369 Sw 209 St Single Family 1,631 C
12364 Sw 209 St Single Family 1,269 C

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 15 of all properties in this area. This suggests it would appeal to someone earning around $26,154 per year who should qualify for a mortgage between $52,308 and $65,385.

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 15 of all properties in this area. This corresponds to a rent of $994 per month and a monthly household income of $2,794 ($33,528 per year)

Nearby Companies

Miky Transport Corp
20828 Sw 123 Ct
Falcon Ryder Inc
12291 Sw 207th Ter
Md Carrier Service Inc
12291 Sw 207th Ter
V & J Appliances Corp
20917 Sw 123 Ct
7 African Power, Inc
12263 Sw 208 Terr
Quick Plumbing Service Inc
20831 Sw 123rd Ave
Great Help Services Corp
20840 Sw 123 Ave
Disclaimers and Disclosures

Public Records Data

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