8511 Franjo Rd, Cutler Bay

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

AddressTypeSq FtClass 
8515 Franjo Rd Single Family 2,255 C
8509 Franjo Rd Single Family 1,954 C
8507 Franjo Rd Single Family 2,255 C
8503 Franjo Rd Single Family 2,255 C
8505 Franjo Rd Single Family 2,784 C
8501 Franjo Rd Single Family 2,913 C
8531 Franjo Rd Single Family 2,784 C
8545 Sw 207 Ter Single Family 3,415 C
8539 Sw 207 Ter Single Family 1,362 C
8517 Franjo Rd Single Family 1,954 C
8551 Sw 207 Ter Single Family 1,677 C
20428 Sw 85 Ave Single Family 2,255 C
8533 Sw 207 Ter Single Family 1,939 C
8529 Franjo Rd Single Family 1,954 C
20440 Sw 85 Ave Single Family 1,438 C
8557 Sw 207 Ter Single Family 1,677 C
8527 Sw 207 Ter Single Family 1,677 C
20438 Sw 85 Ave Single Family 2,784 C
8519 Franjo Rd Single Family 2,784 C
20436 Sw 85 Ave Single Family 1,954 C
20426 Sw 85 Ave Single Family 2,784 C
8521 Sw 207 Ter Single Family 2,140 C
8527 Franjo Rd Single Family 2,613 C
20434 Sw 85 Ave Single Family 1,918 C
20756 Sw 85 Pl Single Family 1,677 C
8521 Franjo Rd Single Family 2,255 C
8515 Sw 207 Ter Single Family 2,140 C
8525 Franjo Rd Single Family 1,954 C
20424 Sw 85 Ave Single Family 1,954 C
8538 Sw 207 Ter Single Family 1,677 C
20432 Sw 85 Ave Single Family 1,954 C
8544 Sw 207 Ter Single Family 1,362 C
8532 Sw 207 Ter Single Family 1,362 C
8523 Franjo Rd Single Family 1,660 C
8550 Sw 207 Ter Single Family 1,362 C
20766 Sw 85 Pl Single Family 2,140 C
20422 Sw 85 Ave Single Family 1,954 C
8526 Sw 207 Ter Single Family 1,362 C
20420 Sw 85 Ave Single Family 2,784 C
8520 Sw 207 Ter Single Family 1,362 C
20430 Sw 85 Ave Single Family 2,255 C
20418 Sw 85 Ave Single Family 1,928 C
20755 Sw 85 Ct Single Family 2,140 C
20776 Sw 85 Pl Single Family 1,939 C
20807 Sw 85 Pl Single Family 2,143 C
20806 Sw 85 Ct Single Family 1,986 C
20416 Sw 85 Ave Single Family 2,160 C
8535 Franjo Rd Single Family 2,740 C
8533 Franjo Rd Single Family 1,928 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 67 of all properties in this area. This suggests it would appeal to someone earning around $133,935 per year who should qualify for a mortgage between $267,870 and $334,838.

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 67 of all properties in this area. This corresponds to a rent of $1,481 per month and a monthly household income of $4,833 ($57,996 per year)

Nearby Companies

R.C.L. Drywall Corporation
20438 Sw 85th Ave
Wwb Lifestyle Agency Inc
8527 Franjo Rd
B Style Inc
8527 Franjo Rd
Miami Arborists Inc.
8521 Franjo Rd
C&D Home Investors LLC
20424 Sw 85 Ave
Better View Holdings LLC
20424 Sw 85th Ave
Better View Commercial Transportation LLC
20424 Sw 85th Ave
D.O Thermoforming LLC
20408 Sw 85th Ave
Creative Speech Therapy, LLC
20410 Sw 85th Ave
Clo Forever LLC
20755 Sw 85 Ct
Aa New Vision, LLC
20755 Sw 85 Ct
Belle Enterprises Group LLC
8511 Franjo Rd
Miami Apparel Group Inc
8533 Franjo Rd
Disclaimers and Disclosures

Public Records Data

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