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 
3640 Duck Ave Single Family 2,410 B
3632 Duck Ave Multi-family - less than 10 units 3,242 B
1300 19th St Single Family 1,308 B
3628 Duck Ave Single Family 1,668 B
3637 Eagle Ave Single Family 2,805 B
3635 Eagle Ave Single Family 2,196 B
3624 Duck Ave Single Family 1,582 B
3625 Eagle Ave Single Family 810 B
3702 Duck Ave Single Family 1,156 B
3612 Duck Ave Single Family 1,772 B
3623 Eagle Ave Single Family 1,246 B
1645 Brunson Ct Federal Owned 11,160 C
3708 Duck Ave Multi-family - less than 10 units 1,604 B
3701 Eagle Ave Single Family 1,804 B
3619 Eagle Ave Single Family 960 B
3701 Duck Ave Multi-family - less than 10 units 2,055 B
3636 Eagle Ave Single Family 1,768 B
3712 Duck Ave Single Family 1,274 B
3642 Eagle Ave Single Family 3,097 B
3630 Eagle Ave Single Family 1,096 B
1341 19th St Single Family 2,829 B
3608 Duck Ave Multi-family - less than 10 units 2,528 B
3711 Eagle Ave Multi-family - less than 10 units 1,464 B
3626 Eagle Ave Single Family 2,166 B
3615 Eagle Ave Single Family 3,461 B
3624 Eagle Ave Single Family 1,361 B
3711 Duck Ave Single Family 1,216 B
1401 19th St Single Family 1,168 B
3700 Cindy Ave Single Family 2,082 B
3615 Eagle Ave Single Family 396 B
3616 Eagle Ave Single Family 1,393 B
3720 Duck Ave Single Family 1,918 B
3700 Eagle Ave Single Family 1,998 B
3717 Eagle Ave Single Family 2,056 B
3713 Duck Ave Single Family 1,421 C
3708 Cindy Ave Single Family 1,283 B
3633 1/2 Flagler Ave Single Family 1,458 B
3633 Flagler Ave Multi-family - less than 10 units 1,590 B
3635 Flagler Ave Single Family 1,255 B
3612 Eagle Ave Single Family 2,015 B
1301 18th St Single Family 1,083 B
1405 18th St Single Family 1,422 B
3629 Flagler Ave Single Family 1,232 A
3645 Flagler Ave Single Family 1,851 B
3702 Eagle Ave Single Family 1,408 B
3605 Eagle Ave Single Family 2,390 B
3625 Flagler Ave Single Family 2,523 C
3719 Duck Ave Single Family 1,124 B
3712 Cindy Ave Single Family 1,770 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.

The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $75,666 per year who should qualify for a mortgage between $151,332 and $189,165.

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 61 of all properties in this area. This corresponds to a rent of $1,362 per month and a monthly household income of $3,734 ($44,808 per year)

Nearby Companies

Southernmost Deli, LLC
3623 Eagle Ave
Zero Simonton Street, LLC
3623 Eagle Ave
Blue Thistle Studio, LLC
3632 Duck Ave
Bird Construction, LLC
3626 Eagle Ave
Kaylee Bird Works LLC
3626 Eagle Ave
Made Properties Kw LLC
3636 Duck Ave
Mr Jobber LLC
3636 Duck Ave
A-Z Key West Inc.
3636 Duck Ave
Smb-Ram, LLC
3635 Flagler Ave
Your Help Desk, LLC
3711 Duck Ave
Fleur De Luxe, LLC
3701 Eagle Ave
Green Element Brands, LLC
3725 Eagle Ave
Sully Rents LLC
3605 Eagle Ave
Disclaimers and Disclosures

Public Records Data

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