823 N Baylen St, 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 | |
|---|---|---|---|---|
| 815 N Baylen St | Store, one story | 2,043 | B |
 |
| 111 W Strong St | Single Family | 3,018 | A |
|
| 113 W Strong St | Single Family | 3,310 | A |
|
| 100 W Cervantes St | Orphanage, other non-profit or charitable services | 10,794 | C |
|
| 100 W Strong St | Single Family | 2,286 | A |
|
| 108 W Strong St | Single Family | 3,149 | A |
|
| 820 N Baylen St | Multi-family - less than 10 units | 3,963 | B |
|
| 115 W Strong St | Single Family | 3,714 | A |
|
| 110 W Strong St | Mixed use - store and office or store and residential or residential combination | 3,779 | C |
|
| 812 N Spring St | Office building, non-professional service building, multi-story | 2,245 | B |
|
| 119 W Strong St | Single Family | 3,870 | A |
|
| 904 N Baylen St | Single Family | 4,514 | C |
|
| 900 N Spring St | Single Family | 4,331 | B |
|
| 15 W Strong St | Office building, non-professional service building, multi-story | 32,757 | B |
|
| 118 W Cervantes St | Office building, non-professional service building, multi-story | 3,731 | C |
|
| 902 N Spring St | Vacant Residential | 0 | L | |
| 919 N Baylen St | Single Family | 3,705 | C |
|
| 16 W Strong St | Single Family | 3,874 | A |
|
| 914 N Baylen St | Single Family | 2,515 | C |
|
| 115 W Desoto St | Single Family | 2,148 | A |
|
| 908 N Spring St | Single Family | 3,822 | B |
|
| 715 N Baylen St | Office building, non-professional service building, multi-story | 2,267 | B |
|
| 100 W Cervantes St Blk | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 813 N Spring St | Single Family | 2,324 | A |
|
| 714 N Spring St | Office building, non-professional service building, multi-story | 2,989 | C |
|
| 12 W Strong St | Office building, non-professional service building, multi-story | 3,203 | B |
|
| 920 N Baylen St | Single Family | 3,452 | C |
|
| 23 W Cervantes St | Auto sales, auto repair and storage or auto service shop | 1,715 | B |
|
| 815 N Spring St | Multi-family - less than 10 units | 4,919 | C |
|
| 920 N Spring St | Single Family | 3,454 | C |
|
| 811 N Spring St | Office building, non-professional service building, multi-story | 3,754 | C |
|
| 15 W Desoto St | Single Family | 2,386 | A |
|
| 903 N Spring St | Mixed use - store and office or store and residential or residential combination | 4,233 | A |
|
| 817 N Palafox St | Office building, non-professional service building, multi-story | 4,081 | B |
|
| 707 N Baylen St | Single Family | 1,057 | B |
|
| 909 N Spring St | Single Family | 2,203 | C |
|
| 9 W Desoto St | Single Family | 3,776 | A |
|
| 710 N Spring St | Single Family | 2,428 | C |
|
| 901 N Palafox St | Multi-family - less than 10 units | 3,669 | A |
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| 17 W Cervantes St | Office building, non-professional service building, multi-story | 4,274 | C |
|
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 93 of all properties in this area. This suggests it would appeal to someone earning around $159,062 per year who should qualify for a mortgage between $318,124 and $397,655.
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 93 of all properties in this area. This corresponds to a rent of $1,461 per month and a monthly household income of $4,605 ($55,260 per year)
Nearby Companies
1008 N Baylen St
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909 N Spring St
909 N Spring St
715 N Baylen St
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17 W Cervantes St
17 W Cervantes St
112 W Cervantes St
112 W Cervantes St
811 N Spring St
811 N Spring St
811 N Spring St
811 N Spring St
811 N Spring St
811 N Spring St
1122 Durham Dr
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222 W Cervantes St
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811 North Spring St
811 North Spring St
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