1033 Stone Lake Dr, Ormond Beach
Flagler County Real Estate - Flagler Beach
Flagler Beach is in North Eastern Florida. It's population as recorded in the 2010 Census was 4,484. Flagler Beach is approximately 40 miles from Deltona (population 85,182) and around 9 miles from Palm Coast (population 75,180).
The median age for residents of Flagler Beach is 56.5. Around 13.1% of Flagler Beach households include school aged children and 44.4% of households include individuals aged 65 years or over. Census records indicate 97.1% of the Flagler Beach population are White, .7% are Black or African American, .3% American Indian, .6% Asian and 1% are Two or more Races.
There are 3,439 housing units in Flagler Beach. 1,085 (31.5%) of these were reported as vacant in the 2010 Census. Flagler Beach is a tourist destination, 72.8% (790) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 795 residential rental units in Flagler Beach. 676 of them were occupied in 2010 providing a residential rental vacancy rate of 13.8%.
Flagler Beach links:
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Flagler County
Flagler County is part of the northeastern region of Florida, along with Baker, Clay, Duval, Nassau, Putnam, and St John's counties. The largest industries in Flagler County include construction, educational services, health care/social services, and retail. Target industries include agriculture, aviation/aerospace, green technology, health sciences, high technology, and marine research.
Major private sector employers for Flagler County include Palm Coast Data, Florida Hospital Flagler, Publix Supermarkets, Hammock Beach Resort, Wal-Mart, and Sea Ray Boats. Top public sector employers are Flagler County School System, City of Palm Coast, Flagler County, and Flagler County Sheriff's Department. Cities and towns in Flagler County include Bunnell (county seat), Flagler Beach, Palm Coast, Marineland, and Beverly Beach.
Inhabited by around 100,000 people, Flagler County was the fastest-growing county in the US from 2000 to 2005.
The center of population is Palm Coast, a city that was incorporated in 1999 and is home to over 75,000. Since 1980, the population has grown by at least 100% each decade. The growing city boasts miles upon miles of waterfront property, including canals, the Intercoastal Waterway, and Atlantic Ocean.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1031 Stone Lake Dr | Single Family | 2,946 | B |
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| 1035 Stone Lake Dr | Single Family | 4,293 | B |
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| 1029 Stone Lake Dr | Single Family | 2,998 | B |
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| 1037 Stone Lake Dr | Single Family | 3,284 | B |
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| 1026 Stone Lake Dr | Single Family | 2,887 | B |
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| 1024 Stone Lake Dr | Single Family | 2,857 | B |
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| 1028 Stone Lake Dr | Single Family | 4,069 | B |
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| 1022 Stone Lake Dr | Single Family | 3,072 | B |
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| 1027 Stone Lake Dr | Single Family | 2,739 | B |
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| 1039 Stone Lake Dr | Single Family | 2,879 | B |
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| 1020 Stone Lake Dr | Single Family | 3,049 | B |
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| 1041 Stone Lake Dr | Single Family | 3,050 | B |
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| 1025 Stone Lake Dr | Single Family | 2,717 | B |
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| 1038 Stone Lake Dr | Single Family | 3,192 | B |
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| 1018 Stone Lake Dr | Single Family | 2,782 | B |
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| 1043 Stone Lake Dr | Single Family | 2,766 | B |
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| 1023 Stone Lake Dr | Single Family | 2,807 | B |
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| 1042 Stone Lake Dr | Single Family | 3,135 | B |
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Local Household Income
The median household income in this part of Florida is $49,931. The bottom 10% of the population earn less than $15,373 per year. The top 10% earn more than $116,429 per year. The top 1% earn more than $364,896 per year. Most renters earn between $19,848 (20th percentile) and $42,288 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $99,862 and $124,828.
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 $189,419 per year who should qualify for a mortgage between $378,838 and $473,548.
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 $792. Most renters earn between $1,654 and $3,524 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $471 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $1,611 per month and a monthly household income of $4,704 ($56,448 per year)
Nearby Companies
1046 Stone Lake Dr
1033 Stone Lake Dr