7424 Frankfort St, Navarre
Santa Rosa County Real Estate - Navarre
Navarre is in North West Florida. It's population as recorded in the 2010 Census was 31,378. Navarre is approximately 18 miles from Pensacola (population 51,923) and around 77 miles from Panama City (population 36,484).
The median age for residents of Navarre is 35.8. Around 40.8% of Navarre households include school aged children and 18% of households include individuals aged 65 years or over. Census records indicate 83.2% of the Navarre population are White, 6.5% are Black or African American, .5% American Indian, 3.3% Asian and 4.3% are Two or more Races.
There are 12,746 housing units in Navarre. 1,214 (9.5%) of these were reported as vacant in the 2010 Census. There are 3,145 residential rental units in Navarre. 2,813 of them were occupied in 2010 providing a residential rental vacancy rate of 10%.
Navarre links:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7432 Frankfort St | Single Family | 1,829 | B |
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| 7416 Frankfort St | Single Family | 2,732 | B |
|
| 7440 Frankfort St | Single Family | 2,225 | B |
|
| 7408 Frankfort St | Single Family | 1,578 | B |
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| 7423 Broadmoor St | Single Family | 3,364 | B |
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| 7415 Broadmoor St | Vacant Residential | 0 | L | |
| 7431 Broadmoor St | Vacant Residential | 0 | L | |
| 7425 Frankfort St | Single Family | 2,832 | B |
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| 7439 Broadmoor St | Vacant Residential | 0 | L | |
| 7433 Frankfort St | Single Family | 2,977 | B |
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| 7417 Frankfort St | Single Family | 2,507 | B |
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| 7448 Frankfort St | Single Family | 2,084 | B |
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| 7400 Frankfort St | Single Family | 1,932 | B |
|
| 7441 Frankfort St | Single Family | 2,841 | B |
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| 7409 Frankfort St | Single Family | 1,669 | B |
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| 7399 Broadmoor St | Single Family | 2,760 | B |
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| Broadmoor St | Vacant Residential | 0 | L | |
| 7456 Frankfort St | Single Family | 1,887 | B |
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| 7449 Frankfort St | Single Family | 3,315 | B |
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| 7379 Maderia St | Vacant Residential | 0 | L | |
| 7392 Frankfort St | Single Family | 3,012 | B |
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| 7447 Broadmoor St | Vacant Residential | 0 | L | |
| 2178 Hawthorne Dr | Single Family | 1,513 | B |
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| 7426 Manatee St | Single Family | 2,216 | B |
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| 7434 Manatee St | Single Family | 1,927 | B |
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| 7418 Manatee St | Single Family | 1,529 | B |
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| 7457 Frankfort St | Single Family | 2,643 | B |
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| 7393 Frankfort St | Single Family | 3,311 | B |
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Local Household Income
The median household income in this part of Florida is $67,081. The bottom 10% of the population earn less than $24,392 per year. The top 10% earn more than $150,124 per year. The top 1% earn more than $434,186 per year. Most renters earn between $32,172 (20th percentile) and $60,048 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $134,162 and $167,703.
The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $127,677 per year who should qualify for a mortgage between $255,354 and $319,193.
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 $1,018. Most renters earn between $2,681 and $5,004 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $705 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,530 per month and a monthly household income of $5,286 ($63,432 per year)