4 Gecko Ln, 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 | |
|---|---|---|---|---|
| 818 Sawyers Ln | Single Family | 1,380 | C |
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| 2 Gecko Ln | Single Family | 1,837 | B |
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| 822 Sawyers Ln | Single Family | 768 | B |
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| 823 Eaton St | Single Family | 1,077 | B |
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| 813 Eaton St | Single Family | 794 | B |
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| 318 Margaret St | Single Family | 912 | B |
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| 309 Caraballo Ln | Single Family | 2,717 | B |
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| 320 Margaret St | Single Family | 1,440 | B |
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| 314 Margaret St | Single Family | 1,156 | B |
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| 814 Sawyers Ln | Single Family | 1,786 | B |
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| 322 Margaret St | Mixed use - store and office or store and residential or residential combination | 1,180 | B |
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| 313 William St | Single Family | 2,994 | B |
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| 324 Margaret St | Single Family | 880 | B |
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| 310 Margaret St | Single Family | 925 | B |
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| 817 Eaton St | Condominium | 1,171 | L |
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| 817 Eaton St | Condominium | 740 | L |
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| 817 Eaton St | Condominium | 740 | L |
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| 817 Eaton St | Condominium | 774 | L |
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| 817 Eaton St | Condominium | 422 | L |
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| 312 Margaret St | Single Family | 1,916 | B |
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| 815 Eaton St | Single Family | 749 | B |
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| 815 Sawyers Ln | Single Family | 1,370 | B |
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| 825 Eaton St | Multi-family - less than 10 units | 2,573 | B |
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| 818 Caroline St | Store, one story | 6,036 | B |
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| 813 Eaton St | Single Family | 1,158 | B |
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| 813 Sawyers Ln | Single Family | 1,690 | B |
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| 327 William St | Single Family | 1,442 | B |
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| 315 William St | Multi-family - less than 10 units | 1,720 | B |
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| 809 Eaton St | Single Family | 3,441 | B |
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| 317 William St | Multi-family - less than 10 units | 1,944 | B |
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| 311 William St | Single Family | 1,132 | B |
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| 308 Margaret St | Single Family | 404 | B |
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| 308 Margaret St | Single Family | 373 | B |
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| 308 Margaret St | Single Family | 420 | B |
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| 308 Margaret St | Single Family | 420 | B |
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| 308 Margaret St | Single Family | 420 | B |
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| 308 Margaret St | Single Family | 686 | B |
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| 829 Eaton St | Single Family | 2,594 | B |
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| 809 Sawyers Ln | Single Family | 1,682 | B |
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| 812 Caroline St | Mixed use - store and office or store and residential or residential combination | 1,176 | B |
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| 329 William St | Hotel or motel | 2,294 | A |
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| 907 James St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 720 | C |
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| 806 Caroline St | Restaurant, cafeteria | 887 | B |
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| 321 Margaret St | Single Family | 720 | C |
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| 323 Margaret St | Single Family | 776 | B |
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| 830 Caroline St | Mixed use - store and office or store and residential or residential combination | 1,526 | B |
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| 309 William St | Single Family | 860 | B |
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| 804 Caroline St | Mixed use - store and office or store and residential or residential combination | 2,201 | A |
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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 92 of all properties in this area. This suggests it would appeal to someone earning around $187,404 per year who should qualify for a mortgage between $374,808 and $468,510.
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 92 of all properties in this area. This corresponds to a rent of $2,217 per month and a monthly household income of $6,188 ($74,256 per year)
Nearby Companies
323 Margaret St
323 Margaret St
904 James St
912 James St
915 Eaton St
915 Eaton St
915 Eaton St
411 William St
411 William St
411 William St
4 Lopez Ln
5 Lopez Ln
828 Eaton St
904 Eaton St
913 Eaton St
825 Eaton St
809 Fleming St
408 William St
408 William St
409 William St
727 Eaton St
727 Eaton St
328 William St
328 William St
801 Eaton St
801 Eaton St
321 Peacon Ln
321 Peacon Ln
321 Peacon Ln
809 Eaton St
320 William St
320 William St
320 William St
817 Eaton St
817 Eaton St
718 Caroline St
718 Caroline St
809 Sawyer Ln
800 Caroline St
800 Caroline St
800 Caroline St
726 Caroline St
809 Sawyers Ln
806 Caroline St
806 Caroline St
806 Caroline St
806 Caroline St
812 Caroline St
241 Margaret St
818 Caroline St
818 Caroline St
830 Caroline St
261 Margaret St
261 Margaret St
308 Margaret St
284 Margaret St
832 Caroline St
832 Caroline St
832 Caroline St
922 Caroline St
922 Caroline St
311 Margaret St
311 Margaret St
318 Margaret St
318 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
313 Margaret St
910 James St
830 Eaton St