3498 Citation Dr, Green Cove Springs
Clay County Real Estate - Penney Farms
Penney Farms is in North Eastern Florida. It's population as recorded in the 2010 Census was 749. Penney Farms is approximately 26 miles from Jacksonville (population 821,784) and around 10 miles from Fleming Island (population 27,126).
The median age for residents of Penney Farms is 80.7. Around 3.9% of Penney Farms households include school aged children and 87.2% of households include individuals aged 65 years or over. Census records indicate 90.3% of the Penney Farms population are White, 6.5% are Black or African American, 0% American Indian, .9% Asian and 1.4% are Two or more Races.
There are 447 housing units in Penney Farms. 39 (8.7%) of these were reported as vacant in the 2010 Census. There are 335 residential rental units in Penney Farms. 322 of them were occupied in 2010 providing a residential rental vacancy rate of 3.3%.
Penney Farms links:
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Clay County
Clay County is part of the Northeast Florida region, along with Baker, Duval, Nassau, Putnam, St John's, and Flagler counties. Clay County contains the following cities and towns: Green Cove Springs, Keystone Heights, Orange Park, and Penney Farms. The county is home to over 190,000 people.
The largest industries by employment are trade, transportation and utilities; education and health services; and leisure and hospitality. Major private sector employers are Orange Park Medical Center, HA Patient Account Services, AT&T, Clay Electric Cooperative, and Challenge Enterprises. Top public sector employers are School District of Clay County, Clay County Sheriff Office, Municipal Police Departments, and Florida Department of Military Affairs.
Clay County has many outdoor recreational options, including Jennings State Forest and Belmore State Forest, which feature hiking, canoeing, horseback riding, and bicycling. Abundant wildlife gives ample opportunities for viewing, hunting, and fishing. The Bayard Conservation Area, on the west bank of the St. Johns River, provide similar opportunities. The north-central portion of the county, adjacent to the Westside neighborhood of Jacksonville, is the Branan Field Mitigation Park Wildlife and Environmental Area, a wildlife conservation zone specifically focused on gopher tortoises. At Branan, visitors can hike and view wildlife.
Clay County hosts Camp Blanding Joint Training Center, the primary training facility for Florida National Guard formations. This, combined with the presence of multiple major military bases in Jacksonville just to the north, means that Clay County is a popular location for defense contractors, including Aero-Hose Corporation and Wyle Laboratory. The county also hosts advanced manufacturing firms, including VAC-CON, Alternate Energy Technologies, and Harris Lighting.
A campus of St. Johns River State College is located in Orange Park, which is in northeastern Clay County. The town also hosts a campus of Evergreen University. Orange Park is a suburb of Jacksonville, located just over five miles away from Naval Air Station Jacksonville. A satellite campus of Embry-Riddle Aeronautical University is located across the lake in Fleming Island.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 3494 Citation Dr | Single Family | 2,112 | B |
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| 3502 Citation Dr | Single Family | 1,735 | B |
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| 2941 Decidely St | Single Family | 1,963 | B |
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| 2927 Decidely St | Single Family | 1,718 | B |
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| 2921 Decidely St | Single Family | 1,575 | B |
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| 3490 Citation Dr | Single Family | 0 | B | |
| 3497 Citation Dr | Single Family | 1,853 | B |
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| 2917 Decidely St | Single Family | 1,658 | B |
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| 3503 Citation Dr | Single Family | 2,212 | B |
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| 3493 Citation Dr | Single Family | 1,718 | B |
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| 3510 Citation Dr | Single Family | 1,527 | B |
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| 3486 Citation Dr | Single Family | 2,020 | B |
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| 3507 Citation Dr | Single Family | 1,745 | B |
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| 2913 Decidely St | Single Family | 1,565 | B |
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| 2946 Decidely St | Single Family | 1,929 | B |
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| 2942 Decidely St | Single Family | 1,962 | B |
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| 2938 Decidely St | Single Family | 2,095 | B |
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| 3280 Citation Dr | Single Family | 2,207 | B |
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| 2926 Decidely St | Single Family | 1,701 | B |
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| 3514 Citation Dr | Single Family | 2,510 | B |
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| 3482 Citation Dr | Single Family | 2,490 | B |
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| 2922 Decidely St | Single Family | 1,565 | B |
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| 3275 Citation Dr | Single Family | 1,604 | B |
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| 2934 Decidely St | Single Family | 1,717 | B |
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| 3511 Citation Dr | Single Family | 3,061 | B |
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| 2918 Decidely St | Single Family | 2,315 | B |
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| 2909 Decidely St | Single Family | 1,778 | B |
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| 3279 Citation Dr | Single Family | 1,678 | B |
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| 2914 Decidely St | Single Family | 2,162 | B |
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| 3284 Citation Dr | Single Family | 1,976 | B |
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| 3478 Citation Dr | Single Family | 1,681 | B |
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| 2705 Upset Ct | Single Family | 1,920 | B |
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| 3515 Citation Dr | Single Family | 2,103 | B |
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| 2709 Upset Ct | Single Family | 1,736 | B |
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| 2713 Upset Ct | Single Family | 1,841 | B |
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| 2905 Decidely St | Single Family | 1,690 | B |
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| 2725 Upset Ct | Single Family | 2,095 | B |
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| 2930 Owl Ct | Single Family | 1,950 | B |
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| 3283 Citation Dr | Single Family | 1,735 | B |
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| 2719 Upset Ct | Single Family | 1,754 | B |
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| 3475 Citation Dr | Single Family | 1,572 | B |
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| 2910 Decidely St | Single Family | 2,068 | B |
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| 3474 Citation Dr | Single Family | 1,985 | B |
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Local Household Income
The median household income in this part of Florida is $68,898. The bottom 10% of the population earn less than $24,181 per year. The top 10% earn more than $151,469 per year. The top 1% earn more than $416,719 per year. Most renters earn between $34,068 (20th percentile) and $61,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,796 and $172,245.
The tax assessed value of this property places it in percentile 45 of all properties in this area. This suggests it would appeal to someone earning around $62,739 per year who should qualify for a mortgage between $125,478 and $156,848.
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 $988. Most renters earn between $2,839 and $5,111 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $746 (20th percentile) to $1,338 (80th percentile) range. The residential vacancy rate is 4%.
This property falls in percentile 45 of all properties in this area. This corresponds to a rent of $950 per month and a monthly household income of $3,618 ($43,416 per year)
Nearby Companies
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