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 
309 Julia St Municipal Owned 0 L
1015 Thomas St Municipal Owned 2,030 B
1009 Thomas St Single Family 639 C
309 1/2 Julia St Municipal Owned 1,261 B
1007 Thomas St Single Family 884 C
310 Truman Ave Single Family 528 B
310 Truman Ave Municipal Owned 0 L
304 Truman Ave Municipal Owned 876 C
306 Truman Ave Single Family 1,007 B
319 Julia St Multi-family - less than 10 units 1,181 B
1017 Thomas St Single Family 832 B
304 Julia St Single Family 1,832 B
304 1/2 Julia St Vacant Residential 0 L
308 Truman Ave Single Family 1,104 C
300 Truman Ave Multi-family - less than 10 units 1,413 B
306 Julia St Single Family 888 B
318 Truman Ave Single Family 600 C
321 Julia St Single Family 520 B
308 Julia St Single Family 555 B
1019 Thomas St Single Family 879 B
1014 Thomas St Single Family 1,350 B
314 Julia St Multi-family - less than 10 units 1,302 C
1006 Thomas St Church 2,760 B
323 Julia St Single Family 975 B
320 Truman Ave Multi-family - less than 10 units 1,786 B
1021 Thomas St Vacant Commercial 0 L
316 Julia St Vacant Residential 0 L
1004 Thomas St Single Family 1,246 B
1002 Thomas St Single Family 728 B
1018 Thomas St Single Family 1,500 B
227 Julia St Single Family 824 B
322 Truman Ave Multi-family - less than 10 units 2,400 C
1023 Thomas St Single Family 416 B
307 Virginia St Multi-family - less than 10 units 1,872 C
318 Julia St Multi-family - less than 10 units 1,143 C
307 Truman Ave Single Family 980 B
313 Virginia St Single Family 600 C
325 Julia St Mixed use - store and office or store and residential or residential combination 1,800 B
927 Thomas St Multi-family - less than 10 units 3,340 B
1020 Thomas St Multi-family - less than 10 units 560 C
228 Truman Ave Single Family 798 B
311 Truman Ave Single Family 988 B
315 Virginia St Single Family 846 B
313 Truman Ave Single Family 1,218 B
324 Truman Ave Single Family 2,020 B
1025 Thomas St Single Family 475 B
317 Virginia St Vacant Residential 0 L
1013 Howe St Single Family 476 B
226 Truman Ave Vacant Residential 0 L

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

Anchor Towing, LLC
189 Us Highway 1
Southernmost Group LLC
1103 Whitehead St
1101 Whitehead LLC
1101 Whitehead St
Boleto Properties LLC
1011 Whitehead St
Key West Retreat, LLC
1009 Whitehead St
Jmb Painting Services Inc
314 Virginia St
Blue-Turtle Gallery LLC
218 Olivia St
Blue Petronia LLC
218 Olivia St
Blue Olivia, LLC
218 Olivia St
S&M Kw LLC
226 Julia St
Tamamres, LLC
210 Truman Ave
Thomas St. Hoa, Inc.
916 Thomas St
307 Truman Avenue, LLC
307 Truman Ave
Disclaimers and Disclosures

Public Records Data

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