417 Olivia St, 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 | |
|---|---|---|---|---|
| 423 Olivia St | Multi-family - less than 10 units | 4,136 | B |
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| 415 Olivia St | Multi-family - less than 10 units | 2,772 | B |
|
| 824 Duval St | Hotel or motel | 410 | L |
|
| 826 Duval St | Store, one story | 1,452 | L |
|
| 824 Duval St | Hotel or motel | 415 | L |
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| 824 Duval St | Hotel or motel | 374 | L |
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| 824 Duval St | Hotel or motel | 345 | L |
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| 824 Duval St | Hotel or motel | 343 | L |
|
| 824 Duval St | Store, one story | 1,452 | L |
|
| 824 Duval St | Hotel or motel | 410 | L |
|
| 824 Shavers Ln | Single Family | 610 | A |
|
| 418 Olivia St | Single Family | 920 | B |
|
| 821 Shavers Ln | Single Family | 1,012 | B |
|
| 830 Duval St | Multi-family - less than 10 units | 7,735 | B |
|
| 828 Duval St | Mixed use - store and office or store and residential or residential combination | 1,116 | B |
|
| 420 Olivia St | Hotel or motel | 2,160 | B |
|
| 416 Olivia St | Single Family | 1,495 | B |
|
| 818 Shavers Ln | Single Family | 2,322 | B |
|
| 405 Olivia St | Single Family | 1,380 | B |
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| 816 Duval St | Restaurant, cafeteria | 2,695 | B |
|
| 904 Duval St | Hotel or motel | 8,603 | B |
|
| 813 Shavers Ln | Single Family | 1,456 | B |
|
| 814 Shavers Ln | Single Family | 1,118 | B |
|
| 823 Whitehead St | Restaurant, cafeteria | 668 | B |
|
| 814 Duval St | Mixed use - store and office or store and residential or residential combination | 2,072 | B |
|
| 821 Whitehead St | Mixed use - store and office or store and residential or residential combination | 1,104 | B |
|
| 819 Whitehead St | Single Family | 684 | B |
|
| 401 Olivia St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 812 Duval St | Hotel or motel | 2,341 | A |
|
| 907 Whitehead St | Tourist attraction, permanent exhibit or other entertainment facilities | 5,894 | B |
|
| 809 Shavers Ln | Multi-family - less than 10 units | 620 | B |
|
| 817 Whitehead St | Single Family | 1,012 | C |
|
| 0 Whalton Ln | Hotel or motel | 1,630 | B |
|
| 810 Shavers Ln | Single Family | 1,400 | B |
|
| 418 Whalton Ln | Single Family | 945 | B |
|
| 815 Whitehead St | Single Family | 748 | B |
|
| 810 Duval St | Mixed use - store and office or store and residential or residential combination | 1,468 | B |
|
| 910 Duval St | Mixed use - store and office or store and residential or residential combination | 6,196 | A |
|
| 808 Shavers Ln | Single Family | 1,400 | B |
|
| 813 Whitehead St | Single Family | 976 | B |
|
| 805 Shavers Ln | Single Family | 827 | C |
|
| 825 Duval St | Store, one story | 6,682 | B |
|
| 811 Whitehead St | Single Family | 748 | C |
|
| 804-806-808 Duval St | Mixed use - store and office or store and residential or residential combination | 3,234 | B |
|
| 806 Shavers Ln | Single Family | 1,400 | B |
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| 901 Duval St | Mixed use - store and office or store and residential or residential combination | 8,000 | B |
|
| 222 Eneas Ln | Single Family | 1,300 | B |
|
| 809 Whitehead St | Single Family | 1,122 | A |
|
| 220 Eneas Ln | Single Family | 960 | C |
|
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 58 of all properties in this area. This suggests it would appeal to someone earning around $71,291 per year who should qualify for a mortgage between $142,582 and $178,228.
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 58 of all properties in this area. This corresponds to a rent of $1,322 per month and a monthly household income of $3,622 ($43,464 per year)
Nearby Companies
828 Duval St
510 Petronia St
821 Duval St
825 Duval St
825 Duval St
513 Olivia St
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214 Eneas Ln
223 Eanes Ln
217 Eanes Ln
907 Whitehead St
907 Whitehead St
907 Whitehead St
907 Whitehead St
925 Duval St
919 Duval St
917 Duval St
930 Duval St
926 Duval St
926 Duval St
420 Olivia St
900 Duval St
918 Duval St
912 Duval St
912 Duval St
914 Duval St
914 Duval St
913 Duval St
913 Duval St
903 Duval St
901 Duval St
720 Duval St
801 Duval St
801 Duval St
801 Duval St
801 Duval St
824 Duval St
807 Whitehead St
810 Shavers Ln
803 Whitehead St
803 Whitehead St
801 Whitehead St
816 Duval St
816 Duval St
408 Petronia St
416 Petronia St
810 Duval St
808 Shavers Ln
415-2 Petronia St
416 Petronia St Apt 3
426 Petronia St
817 Duval St
817 Duval St
817 Duval St
817 Duval St
815 Duval St
815 Duval St
815 Duval St
808 Duval St
823 Whitehead St
824 Shavers Ln
804 Whitehead St
821 Whitehead St
819 Whitehead St