850 Ft Pickens Rd 1030, Pensacola Beach
Santa Rosa County Real Estate - Gulf Breeze
Gulf Breeze is in North West Florida. It's population as recorded in the 2010 Census was 5,763. Gulf Breeze is approximately 5 miles from Pensacola (population 51,923) and around 91 miles from Panama City (population 36,484).
The median age for residents of Gulf Breeze is 47.4. Around 28.6% of Gulf Breeze households include school aged children and 34.8% of households include individuals aged 65 years or over. Census records indicate 95.7% of the Gulf Breeze population are White, .3% are Black or African American, .5% American Indian, 1.4% Asian and 1.3% are Two or more Races.
There are 2,673 housing units in Gulf Breeze. 227 (8.4%) of these were reported as vacant in the 2010 Census. Gulf Breeze is a tourist destination, 25.1% (57) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 632 residential rental units in Gulf Breeze. 584 of them were occupied in 2010 providing a residential rental vacancy rate of 7%.
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Santa Rosa County
Santa Rosa County is part of the Northwest region of Florida, along with Bay, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The largest industries by employment are trade, transportation & utilities; leisure & hospitality; education & health services; and professional & business services.
Top private sector employers for Santa Rosa County are Wal-Mart, Baptist Health Care, Clearwire, Mediacom, and Santa Rosa Medical Center. Major public sector employers are Santa Rosa County School District, US Government, Florida State Government, and Santa Rosa County. Cities and towns in Santa Rosa County include Gulf Breeze, Jay, and Milton.
Neighboring Properties
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 90 of all properties in this area. This suggests it would appeal to someone earning around $137,099 per year who should qualify for a mortgage between $274,198 and $342,748.
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 90 of all properties in this area. This corresponds to a rent of $1,371 per month and a monthly household income of $4,371 ($52,452 per year)
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