2807 Fogarty Ave, Key West
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:
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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 | |
|---|---|---|---|---|
| 2811 Fogarty Ave | Single Family | 1,504 | B |
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| 2805 Fogarty Ave | Single Family | 1,072 | C |
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| 2819 Fogarty Ave | Single Family | 1,651 | B |
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| 2801 Fogarty Ave | Single Family | 1,542 | B |
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| 2808 Patterson Ave | Single Family | 1,476 | B |
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| 2812 Patterson Ave | Single Family | 1,444 | B |
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| 2806 Patterson St | Single Family | 2,625 | B |
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| 2808 Fogarty Ave | Single Family | 1,008 | B |
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| 2806 Fogarty Ave | Single Family | 1,008 | B |
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| 2812 Fogarty Ave | Single Family | 1,125 | B |
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| 2820 Patterson Ave | Multi-family - less than 10 units | 1,758 | C |
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| 2800 Patterson Ave | Single Family | 1,008 | B |
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| 2823 Fogarty Ave | Single Family | 1,008 | B |
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| 2820 Fogarty Ave | Multi-family - less than 10 units | 1,776 | B |
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| 1301 10th St | Single Family | 1,104 | B |
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| 2824 Patterson Ave | Single Family | 2,040 | B |
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| 2824 Fogarty Ave | Single Family | 1,696 | B |
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| 2827 Fogarty Ave | Single Family | 1,416 | B |
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| 2811 Harris Ave | Single Family | 1,209 | B |
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| 2807 Harris Ave | Single Family | 1,435 | B |
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| 2815 Harris Ave | Single Family | 1,540 | B |
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| 2828 Patterson Ave | Single Family | 1,499 | B |
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| 2819 Harris Ave | Single Family | 1,239 | B |
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| 2807 Patterson Ave | Single Family | 1,480 | B |
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| 2828 Fogarty Ave | Single Family | 1,847 | B |
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| 2803 Harris Ave | Multi-family - less than 10 units | 2,319 | B |
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| 2811 Patterson Ave | Single Family | 1,274 | B |
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| 2805 Patterson Ave | Single Family | 1,596 | B |
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| 1228 11th St | Single Family | 987 | B |
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| 2819 Patterson Ave | Single Family | 1,820 | B |
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| 2801 Patterson Ave | Single Family | 1,439 | B |
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| 2825 Harris Ave | Single Family | 1,617 | B |
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| 1202 11th St | Single Family | 1,008 | B |
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| 2823 Patterson Ave | Single Family | 1,616 | B |
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| 1302 11th St | Single Family | 1,352 | B |
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| 2737 Harris Ave | Multi-family - less than 10 units | 2,018 | B |
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| 2827 Harris Ave | Multi-family - less than 10 units | 1,628 | B |
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| 2827 Patterson Ave | Single Family | 1,418 | B |
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| 2831 Harris Ave | Single Family | 1,764 | B |
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| 2733 Harris Ave | Single Family | 1,853 | C |
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| 2812 Harris Ave | Single Family | 1,987 | B |
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| 2808 Harris Ave | Single Family | 1,464 | B |
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| 2816 Harris Ave | Single Family | 2,173 | B |
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| 1128 11th St | Single Family | 1,381 | B |
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| 1207 11th St | Single Family | 3,408 | B |
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| 2820 Harris Ave | Single Family | 2,707 | B |
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| 2804 Harris Ave | Single Family | 1,242 | B |
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| 1205 11th St | Multi-family - less than 10 units | 1,858 | B |
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| 2824 Harris Ave | Single Family | 864 | 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 72 of all properties in this area. This suggests it would appeal to someone earning around $95,314 per year who should qualify for a mortgage between $190,628 and $238,285.
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 72 of all properties in this area. This corresponds to a rent of $1,570 per month and a monthly household income of $4,402 ($52,824 per year)
Nearby Companies
2827 Patterson Ave
2824 Patterson Ave
2824 Patterson Ave
1205 11th St
1205 11th St
1205 11th St
1302 11th St
2816 Harris Ave
2820 Harris Ave
2828 Patterson Ave
2828 Patterson Ave
1301 10th St
2820 Fogarty Ave
1326 10th St
2827 Fogarty Ave
2819 Patterson Ave
2806 Fogarty Ave
2828 Fogarty Ave
2827 Harris Ave