500 Papaya Cir, Barefoot Bay
Indian River County Real Estate - Roseland
Roseland is in South East Florida. It's population as recorded in the 2010 Census was 1,472. Roseland is approximately 39 miles from Port Saint Lucie (population 164,603) and around 15 miles from Palm Bay (population 103,190).
The median age for residents of Roseland is 55. Around 16.5% of Roseland households include school aged children and 44.2% of households include individuals aged 65 years or over. Census records indicate 94.4% of the Roseland population are White, 1% are Black or African American, .5% American Indian, .8% Asian and 2.1% are Two or more Races.
There are 921 housing units in Roseland. 213 (23.1%) of these were reported as vacant in the 2010 Census. Roseland is a tourist destination, 54.9% (117) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 181 residential rental units in Roseland. 152 of them were occupied in 2010 providing a residential rental vacancy rate of 16%.
Roseland links:
Links
Indian River County
Indian River County is part of the southeast region of Florida, along with St. Lucie, Miami-Dade, Palm Beach, Broward, Martin, and Monroe counties. Cities in Indian River County are Vero Beach (county seat), Sebastian, Fellsmere, Indian River Shores, and Orchid. The county?s population is over 135,000 people. Indian River is one of the wealthiest counties in the state and in the nation.
Indian River County has targeted clean energy, information technology, aviation/aerospace, and financial/professional services as its industries for expansion. Major private sector employers are Indian River Medical Center, Publix Supermarkets, Piper Aircraft Inc., Sebastian River Medical Center, and John's Island. Public sector employers are School District of Indian River County, Indian River County, City of Vero Beach, and City of Sebastian.
As with most counties along the treasure coast, tourism is a major industry. Agriculture also plays a large part in Indian River County's economy. Resources produced here include citrus, beef, and honey. Because so much of the economy revolves around agriculture, unemployment is often high in summer months.
The most populous city is Sebastian, home to 22,000. Sebastian Airport is headquarters for Velocity Aircraft. The city is also home to an Indian River State College campus.
Over 15,000 people live in Vero Beach, the seat of Indian River County. One of the largest employers in the county is Piper Aircraft, which maintains their general aviation production facility and headquarters in the city. Vero Beach is a tourist destination, known for golfing, fishing, and surfing. It also hosts a Disney resort.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 502 Papaya Cir | Mobile Home | 1,012 | B |
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| 498 Papaya Cir | Mobile Home | 989 | B |
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| 416 Kumquat Dr | Mobile Home | 1,286 | B |
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| 418 Kumquat Dr | Mobile Home | 1,269 | B |
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| 414 Kumquat Dr | Mobile Home | 1,269 | B |
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| 504 Papaya Cir | Mobile Home | 1,012 | B |
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| 496 Papaya Cir | Mobile Home | 1,152 | B |
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| 412 Kumquat Dr | Mobile Home | 1,166 | B |
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| 420 Kumquat Dr | Mobile Home | 1,000 | B |
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| 501 Papaya Cir | Mobile Home | 1,234 | B |
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| 499 Papaya Cir | Mobile Home | 1,150 | B |
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| 503 Papaya Cir | Mobile Home | 736 | B |
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| 494 Papaya Cir | Mobile Home | 1,152 | B |
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| 497 Papaya Cir | Mobile Home | 1,056 | B |
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| 506 Papaya Cir | Mobile Home | 1,286 | B |
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| 410 Kumquat Dr | Mobile Home | 1,372 | B |
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| 505 Papaya Cir | Mobile Home | 1,094 | B |
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| 495 Papaya Cir | Mobile Home | 1,012 | B |
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| 422 Kumquat Dr | Mobile Home | 1,860 | B |
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| 492 Papaya Cir | Mobile Home | 1,442 | B |
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| 415 Kumquat Dr | Mobile Home | 1,056 | B |
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| 507 Papaya Cir | Mobile Home | 1,424 | B |
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| 413 Kumquat Dr | Mobile Home | 1,248 | B |
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| 417 Kumquat Dr | Mobile Home | 1,380 | B |
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| 493 Papaya Cir | Mobile Home | 1,386 | B |
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| 419 Kumquat Dr | Mobile Home | 1,283 | B |
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| 411 Kumquat Dr | Mobile Home | 864 | B |
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| 490 Papaya Cir | Mobile Home | 1,364 | B |
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| 421 Kumquat Dr | Vacant Residential | 0 | L | |
| 409 Kumquat Dr | Mobile Home | 1,581 | B |
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| 426 Kumquat Dr | Mobile Home | 1,032 | B |
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| 491 Papaya Cir | Mobile Home | 1,104 | B |
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| 539 Longan Dr | Mobile Home | 1,346 | B |
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| 509 Papaya Cir | Mobile Home | 1,909 | A |
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| 537 Longan Dr | Mobile Home | 1,152 | B |
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| 423 Kumquat Dr | Mobile Home | 1,269 | A |
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| 416 Loquat Dr | Mobile Home | 1,148 | B |
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| 535 Longan Dr | Mobile Home | 1,269 | B |
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| 414 Loquat Dr | Mobile Home | 1,304 | B |
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| 418 Loquat Dr | Mobile Home | 1,152 | B |
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| 488 Papaya Cir | Mobile Home | 846 | B |
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| 420 Loquat Dr | Mobile Home | 1,056 | B |
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| 412 Loquat Dr | Mobile Home | 1,012 | B |
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| 489 Papaya Cir | Mobile Home | 1,104 | B |
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| 428 Kumquat Dr | Mobile Home | 826 | B |
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| 533 Longan Dr | Mobile Home | 1,296 | B |
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| 425 Kumquat Dr | Mobile Home | 1,303 | B |
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| 422 Loquat Dr | Mobile Home | 960 | B |
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| 410 Loquat Dr | Mobile Home | 1,581 | B |
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Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 616 Puffin Dr | .6 | 650 | $155,000 |
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| 927 Spruce St | .64 | 1,150 | $184,500 |
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| 916 Frangi Pani Dr | .81 | 1,372 | $215,000 |
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| 5319 Bannock St | .9 | 1,269 | $220,000 |
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| 413 Plover Dr | .99 | 0 | $79,500 | |
| 7656 Highway 1 | 1.33 | 1,447 | $549,900 |
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| 6870 Orchid Tree Dr | 2.45 | 2,541 | $1,680,000 |
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| 6240 Highway 1 | 2.67 | 1,152 | $1,899,900 |
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Local Household Income
The median household income in this part of Florida is $52,102. The bottom 10% of the population earn less than $18,452 per year. The top 10% earn more than $121,913 per year. The top 1% earn more than $336,928 per year. Most renters earn between $25,716 (20th percentile) and $40,716 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $104,204 and $130,255.
The tax assessed value of this property places it in percentile 21 of all properties in this area. This suggests it would appeal to someone earning around $27,679 per year who should qualify for a mortgage between $55,358 and $69,198.
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 $923. Most renters earn between $2,143 and $3,393 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $700 (20th percentile) to $1,197 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 21 of all properties in this area. This corresponds to a rent of $707 per month and a monthly household income of $2,165 ($25,980 per year)
Nearby Companies
491 Papaya Cir