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:

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

AddressTypeSq FtClass 
5650 Maloney Ave Repair service shop (excluding automotive) 5,953 B
5630 Maloney Ave Repair service shop (excluding automotive) 5,760 C
5684-5686 Macdonald Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,852 B
5620 Macdonald Ave Restaurant, cafeteria 5,952 B
5611 1st Ave Parking lot (commercial or patron) or mobile home park 0 L
5690 Maloney Ave Store, one story 1,920 B
6200 2nd St Store, one story 1,380 B
5640 1st St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,030 B
5630 1st Ave Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 682 B
6180 Second St County Owned 0 L
Vacant Lot On Macdonald Ave Vacant Commercial 0 L
5635 Macdonald Ave Mixed use - store and office or store and residential or residential combination 1,144 L
5625 Macdonald Ave Multi-family - less than 10 units 1,325 B
5671 Macdonald Ave County Owned 8,436 B
6301 3rd St Utility 0 L
5680 First Ave Mixed use - store and office or store and residential or residential combination 5,855 C
5650 First Ave Mixed use - store and office or store and residential or residential combination 18,160 B
5611 Macdonald Ave Vacant Commercial 0 L
6310 2nd St Mixed use - store and office or store and residential or residential combination 5,120 B
5650 E Laurel Ave Mobile Home 460 C
5660 Laurel Ave Mobile Home 896 L
5640 Laurel Ave Repair service shop (excluding automotive) 1,530 B
6391 3rd St Repair service shop (excluding automotive) 4,860 B
6300 3rd St Mixed use - store and office or store and residential or residential combination 1,106 B
5574 Macdonald Ave Private school or college 7,928 B
14 Sloans Landing Mobile Home 930 B
Unit 13, 6200 3rd St Mobile Home 930 B
6200 3rd St Mobile Home 930 B
Unit 9, 6200 3rd St Mobile Home 806 B
Unit 8, 6200 3rd St Mobile Home 806 B
Unit 7, 6200 3rd St Mobile Home 806 B
6 Sloans Landing Mobile Home 806 B
Unit 1, 6200 3rd St Mobile Home 819 B
2 Solans Landing Mobile Home 819 B
Unit 3, 6200 3rd St Mobile Home 819 B
4 Sloans Landing Mobile Home 960 B
5 Sloans Landing Mobile Home 930 B
Unit 12, 6200 3rd St Mobile Home 930 B
Unit 11, 6200 3rd St Mobile Home 930 B
5625 Second Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 6,076 B
5670 Laurel Ave Mixed use - store and office or store and residential or residential combination 5,258 C
6150 Second St Professional service building 618 C
5600 Laurel Ave Parking lot (commercial or patron) or mobile home park 6,420 C
44 Coral Way Single Family 1,420 B
6336 2nd St Multi-family - less than 10 units 5,394 B
5702 1st Ave Church 2,472 B
5582 First Ave Vacant Commercial 4,500 L
42 Coral Way Single Family 1,420 B
46 Coral Way Single Family 1,066 B

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.

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%.

Nearby Companies

Key West Awning LLC
5580 Macdonald Ave Rear
Kw Dolphin Deli, LLC.
5600 Mcdonald Ave
Harbor Beach, LLC
5620 Mcdonald Ave
Riesi Pizza, LLC
5620 Macdonald Ave
Stock Rock, LLC
5620 Macdonald Ave
5625 Macdonald, LLC
5625 Macdonald Ave
Keys Yamaha Services, Inc.
5640 Laurel Ave
J. K. Motor Shop LLC
5670 Laurel Ave
R & S Of Key West, Inc.
5671 Macdonald Ave
Cayo Hueso Brewing LLC
5635 1st Ave
Mingo & Company LLC
5580 1st Ave
Mac Storage LLC
5580 1st Ave
My Retirement, LLC
6300 3rd St
Mretirementb, LLC
6300 3rd St
Miss Valyn, LLC.
6300 3rd St
Key West Limos, Inc.
6300 3rd St
Cow Key Marina, Inc.
6300 3rd St
Pp Tarpon Harbour Two LLC
5625 2nd Avenue Unit 6
Boone Mountain Paradise LLC
5625 2nd Avenue Unit 6
Topside 2015, LLC.
5625 2nd Ave
Bkbrd Keys LLC
5625 2nd Ave
Keys Alive 2016 LLC
5625 2nd Ave
Pp Tarpon Harbour LLC
5625 2nd Ave
St Vincent Keys LLC
5625 2nd Ave
Pp Keys Breeze LLC
5625 2nd Ave
Kwsouth LLC
5625 2nd Ave
Tarpon Love, LLC
5625 2nd Ave Unit 6
We Build Boats LLC
5630 1st Ave
We Book Catamarans LLC
5630 1st Ave
Disclaimers and Disclosures

Public Records Data

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