7901 Sw 162 Ct, 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 | |
|---|---|---|---|---|
| 7911 Sw 162 Ct | Single Family | 2,249 | B |
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| 7921 Sw 162 Ct | Single Family | 1,740 | B |
|
| 7891 Sw 162 Ct | Single Family | 1,672 | B |
|
| 7912 Sw 162 Ct | Single Family | 1,740 | B |
|
| 7902 Sw 162 Ct | Single Family | 1,913 | B |
|
| 7922 Sw 162 Ct | Single Family | 2,622 | B |
|
| 7931 Sw 162 Ct | Single Family | 1,913 | B |
|
| 7892 Sw 162 Ct | Single Family | 2,249 | B |
|
| 7881 Sw 162 Ct | Single Family | 2,400 | B |
|
| 7890 Sw 161 Pl | Single Family | 1,955 | B |
|
| 7920 Sw 161 Pl | Single Family | 2,498 | B |
|
| 7932 Sw 162 Ct | Single Family | 1,913 | B |
|
| 7882 Sw 162 Ct | Single Family | 1,740 | B |
|
| 7940 Sw 161 Pl | Single Family | 1,954 | B |
|
| 7880 Sw 161 Pl | Single Family | 2,498 | B |
|
| 7941 Sw 162 Ct | Single Family | 2,819 | B |
|
| 7871 Sw 162 Ct | Single Family | 1,913 | B |
|
| 7960 Sw 161 Pl | Single Family | 2,498 | B |
|
| 7913 Sw 162 Pl | Single Family | 1,873 | B |
|
| 7860 Sw 161 Pl | Single Family | 1,956 | B |
|
| 7923 Sw 162 Pl | Single Family | 1,740 | B |
|
| 7903 Sw 162 Pl | Single Family | 1,913 | B |
|
| 7872 Sw 162 Ct | Single Family | 1,913 | B |
|
| 7893 Sw 162 Pl | Single Family | 1,913 | B |
|
| 7850 Sw 161 Pl | Single Family | 2,590 | B |
|
| 7980 Sw 161 Pl | Single Family | 2,462 | B |
|
| 7861 Sw 162 Ct | Single Family | 1,586 | B |
|
| 7883 Sw 162 Pl | Single Family | 1,740 | B |
|
| 7862 Sw 162 Ct | Single Family | 1,873 | B |
|
| 16232 Sw 79 Ter | Single Family | 2,748 | B |
|
| 16240 Sw 79 Ter | Single Family | 1,874 | B |
|
| 16224 Sw 79 Ter | Single Family | 1,755 | B |
|
| 7873 Sw 162 Pl | Single Family | 2,729 | B |
|
| 7830 Sw 161 Pl | Single Family | 1,956 | B |
|
| 16248 Sw 79 Ter | Single Family | 1,913 | B |
|
| 7883 Sw 161 Pl | Single Family | 1,956 | B |
|
| 16216 Sw 79 Ter | Single Family | 2,338 | B |
|
| 7913 Sw 161 Pl | Single Family | 2,498 | B |
|
| 7873 Sw 161 Pl | Single Family | 2,356 | B |
|
| 7852 Sw 162 Ct | Single Family | 1,740 | B |
|
| 7851 Sw 162 Ct | Single Family | 2,249 | B |
|
| 16208 Sw 79 Ter | Single Family | 1,913 | B |
|
| 7923 Sw 161 Pl | Single Family | 1,956 | B |
|
| 7863 Sw 161 Pl | Single Family | 1,956 | B |
|
| 16256 Sw 79 Ter | Single Family | 2,892 | B |
|
| 7863 Sw 162 Pl | Single Family | 2,718 | B |
|
| 16161 Sw 79 Ter | Single Family | 1,958 | B |
|
| 16192 Sw 79 Ter | Single Family | 2,590 | B |
|
| 7914 Sw 162 Pl | Single Family | 1,874 | B |
|
Local Household Income
The median household income in this part of Florida is $62,439. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $147,645 per year. The top 1% earn more than $421,155 per year. Most renters earn between $32,616 (20th percentile) and $52,536 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,878 and $156,098.
The tax assessed value of this property places it in percentile 69 of all properties in this area. This suggests it would appeal to someone earning around $86,837 per year who should qualify for a mortgage between $173,674 and $217,093.
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 $1,333. Most renters earn between $2,718 and $4,378 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $1,064 (20th percentile) to $1,755 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 69 of all properties in this area. This corresponds to a rent of $1,541 per month and a monthly household income of $3,875 ($46,500 per year)
Nearby Companies
7960 Sw 161 St Pl
7890 Sw 161 Place
7880 Sw 161 Place
7853 Sw 161 Pl
16221 Sw 78th Ter
16264 Sw 79 Terrace
16272 Sw 79th Ter
16280 Sw 79 Terrace
7931 Sw 162 Court
7894 Sw 162 Pl
7884 Sw 162 Place
7872 Sw 162 Ct
7861 Sw 162 Ct
7941 Sw 162 Ct
7931 Sw 162 Ct
7931 Sw 162 Ct