2323 Costa Verde Blvd 201, Jacksonville Beach
Duval County Real Estate - Jacksonville Beach
Jacksonville Beach is in North Eastern Florida. It's population as recorded in the 2010 Census was 21,362. Jacksonville Beach is approximately 16 miles from Jacksonville (population 821,784) and around 49 miles from Palm Coast (population 75,180).
The median age for residents of Jacksonville Beach is 39.8. Around 19.4% of Jacksonville Beach households include school aged children and 21.9% of households include individuals aged 65 years or over. Census records indicate 90.9% of the Jacksonville Beach population are White, 3.8% are Black or African American, .2% American Indian, 1.7% Asian and 2.2% are Two or more Races.
There are 11,882 housing units in Jacksonville Beach. 1,842 (15.5%) of these were reported as vacant in the 2010 Census. Jacksonville Beach is a tourist destination, 36.1% (666) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 4,779 residential rental units in Jacksonville Beach. 4,227 of them were occupied in 2010 providing a residential rental vacancy rate of 11.1%.
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Duval County
Duval County is in the northeastern Florida region along with Baker, Clay, Nassau, Putnam, St John's, and Flagler counties. The current largest industries are trade, transportation, and utilities; professional and business services; and education and health services. Target industries for Duval County are advanced manufacturing, aviation and aerospace, finance and insurance services, headquarters, and information technology. Duval County is home to Jacksonville, one of Florida's largest cities. Jacksonville houses Naval Air Station Jacksonville, which brings many government jobs to the area. The University of North Florida is also located in Jacksonville.
Major private sector employers for Duval County are Baptist Health, Blue Cross Blue Shield of Florida, Mayo Clinic, Citi, and CSX. The largest public sector employers are Naval Air Station Jacksonville, Duval County Public Schools, Mayport Naval Station, and the City of Jacksonville.
Duval is a popular locale for business and corporate headquarters because it has a number of transportation links. Automobile highways include I-10, I-95, the I-295 Bypass, and numerous others. Not only does Jacksonville have major railroads, but CSX Railroad is headquartered in the city. The Port of Jacksonville is the third-busiest in the state, and Jacksonville International Airport is number seven among Florida airports. The city also has smaller airports to serve general aviation needs, including Jacksonville Executive at Craig Airport, Herlong Recreational Airport, and Cecil Airport. The county has a median income above the state median and an average lower cost of living, too.
Duval County?s historic location where the St. John?s River meets the Atlantic Ocean makes for prime waterfront. Tourists and residents can take advantage of the beaches and fishing as well as other maritime recreation, including kayaking, paddleboarding, and surfing. The area also offers arts & culture options in the form of museums, art galleries, the symphony, and theater. Jacksonville is also a world-class golf destination with dozens of courses.
Neighboring Properties
Local Household Income
The median household income in this part of Florida is $76,573. The bottom 10% of the population earn less than $27,236 per year. The top 10% earn more than $179,319 per year. The top 1% earn more than $564,227 per year. Most renters earn between $38,892 (20th percentile) and $63,384 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $153,146 and $191,433.
The tax assessed value of this property places it in percentile 79 of all properties in this area. This suggests it would appeal to someone earning around $130,981 per year who should qualify for a mortgage between $261,962 and $327,453.
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 $1,156. Most renters earn between $3,241 and $5,282 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $879 (20th percentile) to $1,527 (80th percentile) range. The residential vacancy rate is 4%.
This property falls in percentile 79 of all properties in this area. This corresponds to a rent of $1,511 per month and a monthly household income of $5,227 ($62,724 per year)
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