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 
22133 Sw 128 Ave Single Family 1,974 C
22053 Sw 128 Ave Single Family 2,503 C
12756 Sw 220 Ter Single Family 1,974 C
12757 Sw 221 Ter Single Family 1,926 C
22114 Sw 128 Ave Single Family 1,766 C
22134 Sw 128 Ave Single Family 1,782 C
22153 Sw 128 Ave Single Family 1,926 C
22033 Sw 128 Ave Single Family 1,782 C
22054 Sw 128 Ave Single Family 1,926 C
12755 Sw 220 Ter Single Family 2,373 C
12736 Sw 220 Ter Single Family 2,503 C
22154 Sw 128 Ave Single Family 2,374 C
12737 Sw 221 Ter Single Family 2,507 C
12758 Sw 221 Ter Single Family 1,926 C
22115 Sw 128 Ct Single Family 1,945 C
22173 Sw 128 Ave Single Family 1,945 C
22034 Sw 128 Ave Single Family 1,974 C
12735 Sw 220 Ter Single Family 1,974 C
22013 Sw 128 Ave Single Family 2,503 C
22075 Sw 128 Ct Single Family 2,275 C
12744 Sw 220 St Single Family 1,977 C
22174 Sw 128 Ave Single Family 1,782 C
22155 Sw 128 Ct Single Family 1,782 C
12748 Sw 221 Ter Single Family 2,503 C
22055 Sw 128 Ct Single Family 1,959 C
12720 Sw 220 St Single Family 3,416 C
22175 Sw 128 Ct Single Family 1,974 C
22014 Sw 128 Ave Single Family 1,974 C
12738 Sw 221 Ter Single Family 2,131 C
22041 Sw 127 Ct Single Family 1,945 C
22111 Sw 127 Ct Single Family 1,978 C
22021 Sw 127 Ct Single Family 2,383 C
22116 Sw 128 Ct Single Family 2,054 C
22136 Sw 128 Ct Single Family 1,743 C
22202 Sw 127 Pl Single Family 1,945 C
12800 Sw 222 St Single Family 0 C
22035 Sw 128 Ct Single Family 2,062 C
22076 Sw 128 Ct Single Family 1,974 C
22131 Sw 127 Ct Single Family 1,926 C
22156 Sw 128 Ct Single Family 1,743 C

Local Household Income

The median household income in this part of Florida is $51,244. The bottom 10% of the population earn less than $14,237 per year. The top 10% earn more than $141,434 per year. The top 1% earn more than $427,118 per year. Most renters earn between $24,456 (20th percentile) and $50,100 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,488 and $128,110.

The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $116,371 per year who should qualify for a mortgage between $232,742 and $290,928.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$106,780
$213,559
$320,339
$427,118
$116,371

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 $1,055. Most renters earn between $2,038 and $4,175 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $664 (20th percentile) to $1,496 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,563 per month and a monthly household income of $4,336 ($52,032 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$105
$2,543
$4,982
$7,420
$9,858
$4,336
$1,563

Nearby Companies

Waste Max Inc
22114 Sw 128 Ave
Celcat Tactical Training, LLC
22033 Sw 128th Ave
Gm Granito Marmol LLC
22053 Sw 128th Ave
Capital Blinds & Shades LLC
22053 Sw 128 Ave
Montero Behavior Therapy LLC
22053 Sw 128 Ave
Property Advise LLC
12755 Sw 220 Terr
Gayoso Holdings LLC
12737 Sw 221 Terrace
V. Group Construction, Inc.
22111 Sw 127th Ct
Hmd Home Solutions, LLC
22131 Sw 127th Ct
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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