7 Gulf Breeze Ct, Crawfordville
Wakulla County Real Estate - Panacea
Panacea is in North West Florida. It's population as recorded in the 2010 Census was 816. Panacea is approximately 29 miles from Tallahassee (population 181,376) and around 40 miles from Quincy (population 7,972).
The median age for residents of Panacea is 44.4. Around 27.4% of Panacea households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 95.3% of the Panacea population are White, 1.7% are Black or African American, .3% American Indian, 0% Asian and 2.2% are Two or more Races.
There are 521 housing units in Panacea. 178 (34.1%) of these were reported as vacant in the 2010 Census. Panacea is a tourist destination, 52.8% (94) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 140 residential rental units in Panacea. 118 of them were occupied in 2010 providing a residential rental vacancy rate of 15.7%.
Panacea links:
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Wakulla County
Wakulla County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, and Jefferson counties. There is not a lot of developed industry in Wakulla County. The largest industry is a commercial ball powder producing facility. Other industries include a fuel refinery, a tax exempted electrical power producing plant, a commercial billing agency, and a sea going barge terminal.
The largest industries providing employment are public administration; education, health & social services; and construction. 89% of the land in Wakulla County is commercial forest land. Top private sector employers are St. Marks Power, CSG Systems Inc, and Eden Springs. The largest public sector employers include Wakulla County School Board, Florida Department of Corrections, and Florida Department of environment. Municipalities in Wakulla County include Sopchoppy, St. Marks and Crawfordville (county seat).
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 46 Gulf Breeze Dr | Single Family | 1,913 | B |
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| 58 Gulf Breeze Dr | Single Family | 2,471 | B |
|
| 6 Gulf Breeze Ct | Single Family | 2,055 | B |
|
| 70 Gulf Breeze Dr | Single Family | 1,463 | B |
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Local Household Income
The median household income in this part of Florida is $51,243. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $116,481 per year. The top 1% earn more than $304,147 per year. Most renters earn between $17,940 (20th percentile) and $34,860 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,486 and $128,108.
The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $163,992 per year who should qualify for a mortgage between $327,984 and $409,980.
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 $743. Most renters earn between $1,495 and $2,905 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $456 (20th percentile) to $1,002 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $1,524 per month and a monthly household income of $4,432 ($53,184 per year)
Nearby Companies
43 Gulf Breeze Dr