827 Baptist Ln, Key West
Monroe County Real Estate - Key West
Key West is in South East Florida. It's population as recorded in the 2010 Census was 24,649. Key West is approximately 129 miles from Miami (population 399,457) and around 130 miles from Hialeah (population 224,669).
The median age for residents of Key West is 41.5. Around 19.9% of Key West households include school aged children and 22.9% of households include individuals aged 65 years or over. Census records indicate 83.7% of the Key West population are White, 9.7% are Black or African American, .4% American Indian, 1.6% Asian and 2% are Two or more Races. Key West has a significant Hispanic population. 21.2% (5,228) of Key West residents are of Hispanic or Latino origin. Of these 11.59% are of Mexican origin, 7.74% Puerto Rican, 46.32% Cuban and 34.33% are of other Hispanic or Latino origin.
There are 14,107 housing units in Key West. 3,178 (22.5%) of these were reported as vacant in the 2010 Census. Key West is a tourist destination, 60.8% (1,935) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,941 residential rental units in Key West. 6,409 of them were occupied in 2010 providing a residential rental vacancy rate of 7.1%.
Key West links:
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Monroe County
Monroe County is part of the southeast Florida region along with Miami-Dade, Indian River, St. Lucie, Martin, Palm Beach, and Broward. Key West is the county seat. Other incorporated municipalities are Marathon, Key Colony Beach, Layton, and Islamorada. The county's population is over 70,000.
Monroe County is the southernmost county in Florida and the continental United States. 99% of the population of Monroe County lives in the Florida Keys, which are wholly contained within Monroe County. Mainland Monroe County is covered by wetlands. Portions of Everglades National Park and Big Cypress National Preserve form the entirety of the section of Monroe County that lies on the peninsula. 22% of the properties in Monroe County are government owned.
The largest industry in Monroe County is tourism. In 2010, The Keys alone had 3.8 million visitors. Major private sector employers are Kmart, HMA, Baptist Mariner's Hospital, HTA, and Hawks Cay Resort. Public employers are US Armed Forces, Monroe County Schools, Monroe County Government, and Florida Keys Community College.
Visitors go to the Keys for the year-round warm weather, sandy beaches, and stunning vistas of both the Atlantic Ocean and Gulf of Mexico. The islands of the Keys offer a variety of maritime recreation opportunities, including boating, fishing, and windsurfing. The Keys are sometimes referred to as the Conch Republic after the islands seceded from the United States in 1982 and immediately surrendered to protest a blockade at the mainlands to search for drugs.
Once the largest city in Florida, Key West is still the southernmost in the lower 48. The cultural and economic heart of Monroe County is at the southern terminus of US 1. The southern islands have long been a naval base, dating back to its establishment in 1823 to combat piracy. Today, Naval Air Station Key West is used as a forward base to combat the narcotics trade in the Caribbean and as a flight training center.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 827 Baptist Ln | Condominium | 616 | L |
 |
| 829 Baptist Ln | Single Family | 414 | B |
|
| 211 Olivia St | Vacant Residential | 0 | L | |
| 217 Olivia St | Single Family | 490 | B |
|
| 209 Olivia St | Single Family | 907 | B |
|
| 824 Baptist Ln | Single Family | 1,040 | B |
|
| 219 Olivia St | Single Family | 1,150 | B |
|
| 3 Baptist Ln | Multi-family - less than 10 units | 1,444 | B |
|
| 827 1/2 Emma St | Single Family | 720 | B |
|
| 827 Emma St | Single Family | 1,300 | C |
|
| 2 Baptist Ln | Single Family | 700 | B |
|
| 829 Emma St | Multi-family - less than 10 units | 1,429 | B |
|
| 4 Baptist Ln | Single Family | 406 | B |
|
| 825 Emma St | Single Family | 1,093 | C |
|
| 5 Baptist Ln | Single Family | 406 | B |
|
| 208 Olivia St | Multi-family - less than 10 units | 1,796 | A |
|
| 206 Olivia St | Single Family | 725 | B |
|
| 6 Baptist Ln | Single Family | 462 | B |
|
| Vacant Lot Emma St | Vacant Residential | 0 | L | |
| 210 Olivia St | Single Family | 900 | C |
|
| 204 Olivia St | Single Family | 905 | B |
|
| 812 Baptist Ln | Multi-family - less than 10 units | 3,306 | B |
|
| 225 Olivia St | Single Family | 1,386 | B |
|
| 901 Emma St | Single Family | 762 | B |
|
| 813 Emma St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2,937 | B |
|
| 222 Olivia St | Municipal Owned | 0 | L | |
| 813 Patone St | Multi-family - less than 10 units | 2,304 | B |
|
| 110 Hutchinson Ln | Single Family | 630 | C |
|
| 220 Olivia St | Single Family | 1,494 | B |
|
| 824 Thomas St | Single Family | 1,973 | B |
|
| 224 Olivia St | Single Family | 693 | B |
|
| 822 Thomas St | Multi-family - less than 10 units | 1,756 | B |
|
| 818 Thomas St | Single Family | 1,028 | B |
|
| 905 Emma St | Multi-family - less than 10 units | 1,658 | B |
|
| 2 Hutchinson Ln | Single Family | 834 | B |
|
| 816 Thomas St | Multi-family - less than 10 units | 1,383 | B |
|
| 226 Olivia St | Single Family | 792 | B |
|
| 112 Hutchinson Ln | Single Family | 702 | B |
|
| 803 Emma St | Club, lodge or union hall | 5,179 | B |
|
| 812 Thomas St | Multi-family - less than 10 units | 1,728 | B |
|
| 828 Thomas St | Single Family | 1,254 | B |
|
| 228 Olivia St | Single Family | 612 | B |
|
| 3 Hutchinson Ln | Single Family | 779 | B |
|
| 218 Olivia St | Single Family | 991 | B |
|
| 904 Emma St | Municipal Owned | 1,653 | C |
|
| 810 Thomas St | Single Family | 1,749 | B |
|
| 806 Patone St | Multi-family - less than 10 units | 2,162 | A |
|
| 909 Emma St | Vacant Residential | 0 | L | |
| 907-909 Emma St | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $59,750. The bottom 10% of the population earn less than $15,113 per year. The top 10% earn more than $164,280 per year. The top 1% earn more than $542,576 per year. Most renters earn between $26,844 (20th percentile) and $59,088 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,500 and $149,375.
The tax assessed value of this property places it in percentile 41 of all properties in this area. This suggests it would appeal to someone earning around $48,301 per year who should qualify for a mortgage between $96,602 and $120,753.
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 $1,192. Most renters earn between $2,237 and $4,924 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $1,069 per month and a monthly household income of $2,976 ($35,712 per year)
Nearby Companies
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218 Olivia St
218 Olivia St
218 Olivia St
218 Olivia St
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827 Baptist Ln
906 Thomas St
813 Emma St
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223 Truman Ave
201 Truman Ave
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