242 Michael Dr, Saint Augustine
Saint Johns County Real Estate - Elkton
Elkton is in North Eastern Florida. Elkton is approximately 40 miles from Jacksonville (population 821,784) and around 19 miles from Palm Coast (population 75,180).
Elkton links:
Links
St. Johns County
St. Johns County is in the northeastern Florida region along with Baker, Clay, Duval, Nassau, Putnam, and Flagler counties. It is one of the original counties that was organized when Florida became part of the United States. It is home to about 60,000.
The county seat is St. Augustine, the oldest city in the United States that was founded by Europeans and is still inhabited. It was established by the Spanish in 1565, who also built a fort, the Castillo de San Marcos, which became operational in 1695. The city was the capital of colonial Florida until the United States established the territorial government at Tallahassee in 1824. The arrival of Henry Morrison Flagler in the 1880s, accompanied by the construction of two luxury resort hotels, signaled the establishment of St. Augustine?s tourist economy.
The county is a major tourist destination. Visitors patronize the many beaches and golf courses throughout the county. In addition, the historical and cultural activities draw many visitors.
The region also includes higher education facilities, including Flagler College and St. Johns River College. The Florida School for the Deaf and Blind, which has a secondary school and a college, is in St. Augustine.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 140 South Walk Pl | Single Family | 1,859 | B |
 |
| 236 Michael Dr | Vacant Residential | 0 | L | |
| 246 Michael Dr | Single Family | 3,512 | B |
|
| 137 South Walk Pl | Vacant Residential | 0 | L | |
| 241 Michael Dr | Vacant Residential | 0 | L | |
| 136 South Walk Pl | Single Family | 2,340 | B |
|
| 250 Michael Dr | Single Family | 2,677 | B |
|
| 237 Michael Dr | Single Family | 2,526 | B |
|
| 245 Michael Dr | Vacant Residential | 0 | L | |
| 224 Michael Dr | Vacant Residential | 0 | L | |
| 133 South Walk Pl | Vacant Residential | 0 | L | |
| 233 Michael Dr | Vacant Residential | 0 | L | |
| 132 South Walk Pl | Single Family | 2,130 | B |
|
| 216 Michael Dr | Vacant Residential | 0 | L | |
| 229 Michael Dr | Vacant Residential | 0 | L | |
| 129 South Walk Pl | Vacant Residential | 0 | L | |
| 212 Michael Dr | Single Family | 3,307 | B |
|
| 128 South Walk Pl | Single Family | 2,630 | B |
|
| 225 Michael Dr | Single Family | 3,490 | B |
|
Local Household Income
The median household income in this part of Florida is $81,844. The bottom 10% of the population earn less than $27,405 per year. The top 10% earn more than $260,946 per year. The top 1% earn more than $670,788 per year. Most renters earn between $33,720 (20th percentile) and $65,256 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $163,688 and $204,610.
The tax assessed value of this property places it in percentile 60 of all properties in this area. This suggests it would appeal to someone earning around $101,258 per year who should qualify for a mortgage between $202,516 and $253,145.
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 $1,068. Most renters earn between $2,810 and $5,438 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $786 (20th percentile) to $1,456 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 60 of all properties in this area. This corresponds to a rent of $1,178 per month and a monthly household income of $4,018 ($48,216 per year)