30449 Pine Way, Big Pine Key
Monroe County Real Estate - Big Pine Key
Big Pine Key is in South East Florida. It's population as recorded in the 2010 Census was 4,252. Big Pine Key is approximately 104 miles from Miami (population 399,457) and around 106 miles from Hialeah (population 224,669).
The median age for residents of Big Pine Key is 49.7. Around 17.9% of Big Pine Key households include school aged children and 27.5% of households include individuals aged 65 years or over. Census records indicate 94.6% of the Big Pine Key population are White, 1.7% are Black or African American, .3% American Indian, .7% Asian and 1.7% are Two or more Races.
There are 2,981 housing units in Big Pine Key. 1,025 (34.3%) of these were reported as vacant in the 2010 Census. Big Pine Key is a tourist destination, 68.8% (706) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 734 residential rental units in Big Pine Key. 594 of them were occupied in 2010 providing a residential rental vacancy rate of 17.4%.
Big Pine Key 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 | |
|---|---|---|---|---|
| Pine Rd | Vacant Residential | 0 | L | |
| 30443 Pine Way | Single Family | 1,248 | B |
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| 1404 Merelyn Ln | Single Family | 1,296 | B |
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| 1402 Merelyn Ln | Single Family | 1,248 | B |
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| 30437 Pine Way | Single Family | 1,248 | B |
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| 1406 Merelyn Ln | Single Family | 1,248 | B |
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| 30450 Wilhelmina Way | Single Family | 1,248 | B |
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| 30444 Wilhelmina Way | Single Family | 1,248 | B |
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| 30431 Pine Way | Single Family | 1,248 | B |
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| 30438 Wilhelmina Way | Single Family | 1,248 | B |
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| 1408 Merelyn Ln | Single Family | 1,248 | B |
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| 1405 Ave B | Single Family | 1,248 | B |
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| 30432 Wilhelmina Way | Single Family | 1,248 | B |
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| 30425 Pine Way | Single Family | 1,248 | B |
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| 30454 Pine Way | Single Family | 1,193 | B |
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| 30430 Pine Way | Mobile Home | 233 | B |
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| 30426 Wilhelmina Way | Single Family | 1,248 | B |
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| 30447 Oleander Blvd | Single Family | 2,511 | B |
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| 30423 Oleander Blvd | Single Family | 819 | B |
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| 1388 Ave B | Single Family | 1,352 | B |
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| 30378 Watson Blvd | Single Family | 912 | B |
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| 30381 Oleander Blvd | Single Family | 1,114 | B |
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| 30434 Oleander Blvd | Single Family | 684 | B |
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| 30458 Oleander Blvd | Single Family | 820 | B |
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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 26 of all properties in this area. This suggests it would appeal to someone earning around $32,564 per year who should qualify for a mortgage between $65,128 and $81,410.
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 26 of all properties in this area. This corresponds to a rent of $861 per month and a monthly household income of $2,488 ($29,856 per year)
Nearby Companies
30422 Oleander Blvd
30443 Pine Way
30443 Pine Way
30443 Pine Way
1410 Merelyn Ln
30432 Wilhelmina Way
North Watson Blvd