5700 Limestone Rd, Pensacola
Escambia County Real Estate - Pensacola
Pensacola is in North West Florida. It's population as recorded in the 2010 Census was 51,923.
The median age for residents of Pensacola is 42.6. Around 23.7% of Pensacola households include school aged children and 29.6% of households include individuals aged 65 years or over. Census records indicate 66.3% of the Pensacola population are White, 27.9% are Black or African American, .5% American Indian, 1.9% Asian and 2.3% are Two or more Races.
There are 26,848 housing units in Pensacola. 3,256 (12.1%) of these were reported as vacant in the 2010 Census. There are 10,359 residential rental units in Pensacola. 9,052 of them were occupied in 2010 providing a residential rental vacancy rate of 12.2%.
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Escambia County
Escambia County is part of the Northwest region of Florida, along with Bay, Santa Rosa, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Escambia County is the westernmost county in Florida, located in the tip of the panhandle. It has a population over 450,000.
The most significant industries in Escambia County are military and defense, tourism, healthcare, education and construction. Pensacola, the county's seat and home to over 50,000, contains many military bases including Pensacola Naval Air Station, Naval Training Center, Eglin Air Force Base, Corry Station Naval, Naval Technical Training Center, and Air Station Whiting Field. Top private sector employers for Escambia County are Sacred Heart Health System, Baptist Health Care, Lakeview Center, Gulf Power Company, and Ascend Performance Materials. Major public sector employers include Escambia County Government, Federal Government, Florida State Government, and the University of West Florida.
A suburb of Pensacola, Ferry Pass, is home to the University of West Florida. In addition, Pensacola State College has campuses throughout the county. Troy University also has a campus just west of the city.
The military contributes significantly to the county?s economy. The Department of Defense spends an estimated $7.8 billion in Escambia. The defense industry is responsible for about 80,000 careers.
Escambia contains a major airport and seaport. The airport has an economic impact in excess of $550 billion and supports over 6,000 jobs. The Port of Escambia is a 50-acre facility with eight deepwater docking facilities and railroad access on site. Both fall within a foreign trade zone.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5710 Limestone Rd | Single Family | 2,430 | B |
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| 5730 Limestone Rd | Single Family | 2,186 | B |
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| 5490 Limestone Rd | Single Family | 2,083 | B |
|
| 4200 Spanish Trl | Single Family | 1,819 | B |
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| 5701 Limestone Rd | Single Family | 2,472 | B |
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| 4201 Spanish Trl | Single Family | 2,450 | B |
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| 5495 Limestone Rd | Single Family | 2,145 | B |
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| 4291 Reynosa Dr | Single Family | 2,102 | B |
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| 4202 Spanish Trl | Single Family | 1,962 | B |
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| 4203 Spanish Trl | Single Family | 2,018 | B |
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| 5740 Limestone Rd | Single Family | 2,255 | B |
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| 4200 Spanish Trl Blk | Vacant Residential | 0 | L | |
| 4280 Langley Ave | Single Family | 2,116 | B |
|
| 5480 Limestone Rd | Single Family | 2,059 | B |
|
| 4204 Spanish Trl | Single Family | 1,710 | B |
|
| 4261 Langley Ave | Single Family | 2,097 | B |
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| 4241 Spanish Trl | Single Family | 2,407 | B |
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| 4239 Spanish Trl | Single Family | 1,930 | B |
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| 4207 Spanish Trl | Single Family | 1,993 | B |
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| 4281 Reynosa Dr | Single Family | 2,530 | B |
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| 4237 Spanish Trl | Single Family | 1,665 | B |
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| 5410 Primrose Dr | Single Family | 2,147 | B |
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| 4206 Spanish Trl | Single Family | 2,129 | B |
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| 4235 Spanish Trl | Single Family | 1,654 | B |
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| 5760 Limestone Rd | Single Family | 2,173 | B |
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| 4209 Spanish Trl | Single Family | 2,305 | B |
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| 4241 Langley Ave | Single Family | 1,947 | B |
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| 4233 Spanish Trl | Single Family | 1,678 | B |
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| 5420 Primrose Dr | Single Family | 2,399 | B |
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| 4270 Langley Ave | Single Family | 2,296 | B |
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| 4280 Reynosa Dr | Single Family | 2,533 | B |
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| 5470 Limestone Rd | Single Family | 2,126 | B |
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| 4271 Reynosa Dr | Single Family | 2,387 | B |
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| 4231 Spanish Trl | Single Family | 2,136 | B |
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| 4208 Spanish Trl | Single Family | 2,120 | B |
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| 4240 Spanish Trl | Single Family | 1,620 | B |
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| 5430 Primrose Dr | Single Family | 3,356 | A |
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| 4238 Spanish Trl | Single Family | 1,867 | B |
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| 5770 Limestone Rd | Single Family | 1,957 | B |
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| 4231 Langley Ave | Single Family | 1,896 | B |
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| 4236 Spanish Trl | Single Family | 1,750 | B |
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| 4270 Reynosa Dr | Single Family | 2,416 | B |
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| 5880 Spanish Trl F | Condominium | 1,560 | B |
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| 5880 Spanish Trl D | Condominium | 1,577 | B |
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| 5880 Spanish Trl C | Condominium | 1,560 | B |
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| 5880 Spanish Trl B | Condominium | 1,560 | B |
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| 5880 Spanish Trl H | Condominium | 1,577 | B |
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| 5890 Spanish Trl B | Condominium | 1,577 | B |
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| 5880 Spanish Trl E | Condominium | 1,577 | B |
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Local Household Income
The median household income in this part of Florida is $52,677. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $137,099 per year. The top 1% earn more than $431,029 per year. Most renters earn between $25,896 (20th percentile) and $45,588 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,354 and $131,693.
The tax assessed value of this property places it in percentile 63 of all properties in this area. This suggests it would appeal to someone earning around $67,917 per year who should qualify for a mortgage between $135,834 and $169,793.
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 $846. Most renters earn between $2,158 and $3,799 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,160 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 63 of all properties in this area. This corresponds to a rent of $963 per month and a monthly household income of $3,262 ($39,144 per year)
Nearby Companies
5701 Limestone Rd
4261 Reynosa Dr