3510 Arizona Dr, 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 | |
|---|---|---|---|---|
| 3520 Arizona Dr | Single Family | 2,255 | B |
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| 3506 Arizona Dr | Single Family | 2,284 | B |
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| 3515 Chastain Way | Single Family | 2,003 | B |
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| 3507 Lemmington Rd | Single Family | 3,067 | B |
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| 3525 Chastain Way | Single Family | 1,981 | B |
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| 3515 Arizona Dr | Single Family | 2,052 | B |
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| 3530 Arizona Dr | Single Family | 2,022 | B |
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| 3500 Arizona Dr | Single Family | 1,916 | B |
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| 3505 Arizona Dr | Single Family | 2,364 | B |
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| 3503 Lemmington Rd | Single Family | 2,336 | B |
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| 3525 Arizona Dr | Single Family | 2,152 | B |
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| 3511 Lemmington Rd | Single Family | 2,006 | B |
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| 3535 Chastain Way | Single Family | 2,077 | B |
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| 3501 Arizona Dr | Single Family | 2,268 | B |
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| 3535 Arizona Dr | Single Family | 2,342 | B |
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| 3485 Lemmington Rd | Single Family | 2,422 | B |
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| 3540 Arizona Dr | Single Family | 2,228 | B |
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| 3508 Riddick Dr | Single Family | 2,259 | B |
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| 3545 Chastain Way | Single Family | 2,391 | B |
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| 3500 Riddick Dr | Single Family | 2,602 | B |
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| 3516 Riddick Dr | Single Family | 2,649 | B |
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| 4060 Burbank Dr | Single Family | 1,885 | B |
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| 3545 Arizona Dr | Single Family | 2,277 | B |
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| 3535 Lemmington Rd | Single Family | 2,362 | B |
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| 3524 Riddick Dr | Single Family | 2,227 | B |
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| 3520 Chastain Way | Single Family | 2,356 | B |
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| 3475 Lemmington Rd | Single Family | 2,187 | B |
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| 3500 Lemmington Rd | Single Family | 1,997 | B |
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| 3510 Lemmington Rd | Single Family | 2,113 | B |
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| 3550 Arizona Dr | Single Family | 2,039 | B |
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| 3555 Chastain Way | Single Family | 1,961 | B |
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| 3460 Arizona Dr | Single Family | 2,446 | B |
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| 3532 Riddick Dr | Single Family | 2,168 | B |
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| 4085 Burbank Dr | Single Family | 2,036 | B |
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| 4030 Burbank Dr | Single Family | 2,615 | B |
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| 3480 Lemmington Rd | Single Family | 2,248 | B |
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| 3520 Lemmington Rd | Single Family | 1,936 | B |
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| 3555 Arizona Dr | Single Family | 2,229 | B |
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| 3540 Chastain Way | Single Family | 2,106 | B |
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| 3545 Lemmington Rd | Single Family | 2,185 | B |
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| 3465 Lemmington Rd | Single Family | 2,176 | B |
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| 3540 Riddick Dr | Single Family | 2,568 | B |
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| 4065 Burbank Dr | Single Family | 2,256 | B |
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| 3565 Chastain Way | Single Family | 1,993 | B |
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| 3470 Lemmington Rd | Single Family | 1,999 | B |
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| 3560 Arizona Dr | Single Family | 1,888 | B |
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| 3530 Lemmington Rd | Single Family | 2,307 | B |
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| 4020 Burbank Dr | Single Family | 2,043 | 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 65 of all properties in this area. This suggests it would appeal to someone earning around $70,764 per year who should qualify for a mortgage between $141,528 and $176,910.
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 65 of all properties in this area. This corresponds to a rent of $979 per month and a monthly household income of $3,316 ($39,792 per year)
Nearby Companies
3510 Lemmington Rd
3535 Arizona Dr