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 
17404 Sw 108 Ct Single Family 2,124 C
17324 Sw 108 Ct Single Family 2,358 C
17341 Sw 109 Ave Single Family 2,088 C
17401 Sw 109 Ave Single Family 2,033 C
17331 Sw 109 Ave Single Family 2,113 C
17414 Sw 108 Ct Single Family 2,317 C
17325 Sw 108 Ct Single Family 2,041 C
17335 Sw 108 Ct Single Family 2,070 C
17411 Sw 109 Ave Single Family 2,153 C
10825 Sw 173 Ter Single Family 2,234 C
17321 Sw 109 Ave Single Family 2,590 C
17405 Sw 108 Ct Single Family 2,579 C
17424 Sw 108 Ct Single Family 2,124 C
17421 Sw 109 Ave Single Family 3,057 C
10815 Sw 173 Ter Single Family 2,070 C
10840 Sw 173 St Single Family 2,033 C
17320 Sw 108 Ave Single Family 1,929 C
17330 Sw 109 Ave Single Family 2,033 C
17415 Sw 108 Ct Single Family 2,124 C
10830 Sw 173 St Single Family 2,124 C
17330 Sw 108 Ave Single Family 2,033 C
10850 Sw 173 St Single Family 2,141 C
17320 Sw 109 Ave Single Family 1,911 C
10820 Sw 173 St Single Family 2,033 C
17434 Sw 108 Ct Single Family 2,028 C
17400 Sw 108 Ave Single Family 2,248 C
17400 Sw 109 Ave Single Family 2,239 C
10805 Sw 173 Ter Single Family 2,070 C
17431 Sw 109 Ave Single Family 2,449 C
10810 Sw 173 St Single Family 2,033 C
17425 Sw 108 Ct Single Family 1,986 C
17410 Sw 108 Ave Single Family 2,699 C
17310 Sw 109 Ave Single Family 2,194 C
10800 Sw 173 St Single Family 2,352 C
17444 Sw 108 Ct Single Family 2,167 C
17441 Sw 109 Ave Single Family 2,155 C
17305 Sw 109 Ct Multi-family - less than 10 units 3,211 C
17435 Sw 108 Ct Single Family 1,998 C
17420 Sw 108 Ave Single Family 2,247 C
10831 Sw 173 St Single Family 2,155 C
10841 Sw 173 St Single Family 2,113 C
10774 Sw 173 Ter Single Family 1,991 C
17405 Sw 109 Ct Single Family 1,996 C
10821 Sw 173 St Single Family 1,911 C
10775 Sw 174 Ter Single Family 2,075 C
10851 Sw 173 St Single Family 2,033 C
10775 Sw 173 Ter Single Family 2,156 C
10811 Sw 173 St Single Family 2,033 C

Local Household Income

The median household income in this part of Florida is $93,333. The bottom 10% of the population earn less than $26,702 per year. The top 10% earn more than $344,964 per year. The top 1% earn more than $765,737 per year. Most renters earn between $34,464 (20th percentile) and $73,464 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $186,666 and $233,333.

The tax assessed value of this property places it in percentile 60 of all properties in this area. This suggests it would appeal to someone earning around $114,847 per year who should qualify for a mortgage between $229,694 and $287,118.

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 $1,158. Most renters earn between $2,872 and $6,122 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $881 (20th percentile) to $1,776 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 60 of all properties in this area. This corresponds to a rent of $1,337 per month and a monthly household income of $4,391 ($52,692 per year)

Nearby Companies

Jmf Express Corp
17300 Sw 109 Ave
Damel Multy Services Inc
10831 Sw 173 St
Royce Reed Mosaics Co.
17510 Sw 109th Ave
Blaize Property Solutions, LLC
17321 Sw 109th Ave
Cupcake Frenzy, LLC
17414 Sw 108 Ct
So Official, Inc.
17414 Sw 108th Ct
Ttk Caring, Inc.
17420 Sw 108 Ave
Ross & Ross "L.L.C."
17320 Southwest 108 Avenue
Disclaimers and Disclosures

Public Records Data

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