1196 Gordon Ave, 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 | |
|---|---|---|---|---|
| 1120 Gordon Ave A & B | Multi-family - less than 10 units | 1,570 | B |
 |
| 1111 Polk Ave | Multi-family - less than 10 units | 2,053 | B |
|
| 1107 Polk Ave | Mobile Home | 947 | C |
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| 1820 Cairo St | Single Family | 1,523 | B |
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| 1113 Polk Ave | Multi-family - less than 10 units | 2,146 | B |
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| 1130 Gordon Ave A&B | Multi-family - less than 10 units | 1,678 | B |
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| 1195 Gordon Ave | Single Family | 1,758 | B |
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| 1193 Gordon Ave | Mobile Home | 1,491 | C |
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| 1818 Cairo St | Vacant Residential | 0 | L | |
| 1199 Gordon Ave | Mobile Home | 938 | B |
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| 1115 Polk Ave A & B | Multi-family - less than 10 units | 1,728 | B |
|
| 1816 Cario St | Single Family | 1,519 | B |
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| 1189 Gordon Ave | Mobile Home | 1,578 | B |
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| 1205 Gordon Ave | Mobile Home | 2,012 | B |
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| 1117 Polk Ave A & B | Multi-family - less than 10 units | 1,728 | B |
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| 1000 Gordon Ave Blk | Vacant Residential | 0 | L | |
| 1108 Bartow Ave | Single Family | 1,330 | B |
|
| 1106 Polk Ave | Single Family | 1,200 | C |
|
| 1106 Bartow Ave | Single Family | 1,201 | B |
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| 1110 Bartow Ave | Single Family | 1,648 | B |
|
| 1000 Polk Ave Blk | Vacant Residential | 0 | L | |
| 1207 Gordon Ave | Mobile Home | 672 | B |
|
| 1110 Polk Ave | Single Family | 938 | B |
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| 1112 Bartow Ave | Single Family | 1,252 | B |
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| 1102 Polk Ave | Mobile Home | 2,623 | B |
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| 1904 Cairo St | Single Family | 1,792 | B |
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| 1112 Polk Ave | Single Family | 920 | B |
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| 1091 Gordon St | Single Family | 1,478 | B |
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| 1209 Gordon Ave | Mobile Home | 564 | C |
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| 1200 Gordon Ave Blk | Vacant Residential | 0 | L | |
| 1114 N Bartow Ave | Single Family | 1,711 | B |
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| 1114 Polk Ave A & B | Multi-family - less than 10 units | 1,750 | B |
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| 1088 Gordon Ave | Mobile Home | 516 | C |
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| 1017 Polk Ave A | Mobile Home | 2,142 | B |
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| 1100 Polk Ave Blk | Vacant Residential | 0 | L |
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 42 of all properties in this area. This suggests it would appeal to someone earning around $44,821 per year who should qualify for a mortgage between $89,642 and $112,053.
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 42 of all properties in this area. This corresponds to a rent of $800 per month and a monthly household income of $2,663 ($31,956 per year)