5605 Vestavia Ln, 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 | |
|---|---|---|---|---|
| 5635 Vestavia Ln | Single Family | 1,364 | B |
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| 4881 La Ceiba Dr | Single Family | 1,165 | B |
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| 5601 Vestavia Ln | Single Family | 1,713 | B |
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| 4875 La Ceiba Dr | Single Family | 1,189 | B |
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| 4885 La Ceiba Dr | Single Family | 1,398 | B |
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| 4865 Oakland Dr | Single Family | 1,592 | B |
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| 4869 Oakland Dr | Single Family | 1,224 | B |
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| 5610 Vestavia Ln | Single Family | 1,417 | B |
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| 5606 Vestavia Ln | Single Family | 1,746 | B |
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| 5600 Vestavia Ln | Single Family | 2,095 | B |
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| 4871 La Ceiba Dr | Single Family | 1,555 | B |
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| 5620 Ferndale Ct | Single Family | 1,911 | B |
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| 5640 Vestavia Ln | Single Family | 1,393 | B |
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| 5620 Vestavia Ln | Single Family | 2,088 | B |
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| 5630 Ferndale Ct | Single Family | 1,508 | B |
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| 5630 Vestavia Ln | Single Family | 1,830 | B |
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| 4861 Oakland Dr | Single Family | 1,351 | B |
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| 4880 Laceiba Dr | Single Family | 1,630 | B |
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| 5610 Ferndale Ct | Single Family | 1,431 | B |
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| 4870 La Ceiba Dr | Single Family | 1,598 | B |
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| 4890 Laceiba Dr | Single Family | 1,182 | B |
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| 4866 Oakland Dr | Single Family | 1,425 | B |
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| 4880 Cerny Rd | Single Family | 3,345 | B |
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| 4857 Oakland Dr | Single Family | 1,300 | B |
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| 4870 Oakland Dr | Single Family | 1,365 | B |
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| 4891 Oakland Dr | Single Family | 1,254 | B |
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| 4910 Cerny Rd | Single Family | 2,784 | A |
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| 4874 Oakland Dr | Single Family | 1,128 | B |
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| 5605 Ferndale St | Single Family | 1,751 | B |
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| 4900 La Ceiba Dr | Single Family | 1,231 | B |
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| 4860 Oakland Dr | Single Family | 1,491 | B |
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| 4905 La Ceiba Dr | Single Family | 1,306 | B |
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| 5625 Ferndale Ct | Single Family | 1,418 | B |
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| 4860 Cerny Rd | Single Family | 2,574 | B |
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| 4880 Oakland Dr | Single Family | 1,303 | B |
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| 5665 Vestavia Dr | Single Family | 1,960 | B |
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| 5615 Ferndale St | Single Family | 1,394 | B |
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| 4895 Oakland Dr | Single Family | 1,901 | B |
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| 5621 Graymont Ln | Single Family | 1,176 | B |
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| 4884 Oakland Dr | Single Family | 1,254 | B |
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| 5650 Gainswood Ct | Single Family | 1,183 | B |
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| 5617 Graymont Ln | Single Family | 1,125 | B |
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| 5666 Vestavia Ln | Single Family | 1,603 | B |
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| 4856 Oakland Dr | Single Family | 1,408 | B |
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| 4914 Cerny Rd | Store, one story | 2,405 | B |
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| 5625 Graymont Ln | Single Family | 1,292 | B |
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| 4869 La Ventana Ter | Single Family | 1,682 | B |
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| 5671 Vestavia Ln | Single Family | 1,519 | B |
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| 5611 Graymont Ln | Single Family | 1,369 | B |
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Local Household Income
The median household income in this part of Florida is $63,573. The bottom 10% of the population earn less than $21,197 per year. The top 10% earn more than $140,614 per year. The top 1% earn more than $421,161 per year. Most renters earn between $28,908 (20th percentile) and $51,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,146 and $158,933.
The tax assessed value of this property places it in percentile 50 of all properties in this area. This suggests it would appeal to someone earning around $63,573 per year who should qualify for a mortgage between $127,146 and $158,933.
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 $879. Most renters earn between $2,409 and $4,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $632 (20th percentile) to $1,220 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 50 of all properties in this area. This corresponds to a rent of $879 per month and a monthly household income of $3,240 ($38,880 per year)
Nearby Companies
5611 Graymont Ln
4880 Laceiba Dr