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 
528 William St Single Family 2,618 B
723 Southard St Single Family 1,100 B
721 Southard St Multi-family - less than 10 units 1,821 B
526 William St Condominium 550 L
526 William St Condominium 550 L
526 William St Condominium 835 L
526 William St Condominium 955 L
526 William St Condominium 1,185 L
717 Southard St Single Family 1,860 B
726 Southard St Single Family 960 B
533 William St Multi-family - less than 10 units 2,880 B
737 Love Ln Single Family 893 B
522 William St Single Family 2,196 C
733 Love Ln Single Family 1,991 B
720 Southard St Church 3,625 B
730 Southard St Single Family 3,828 B
529 William St Single Family 1,108 B
718 Southard St Single Family 860 B
527 William St Church 1,582 B
729 Love Ln Single Family 1,321 B
520 William St Single Family 1,388 B
802 Southard St Multi-family - less than 10 units 2,251 B
716 Southard St Single Family 752 B
809 Southard St Single Family 905 B
713 Southard St Single Family 1,735 C
518 William St Single Family 1,485 B
523 William St Church 6,903 B
714 Southard St Multi-family - less than 10 units 1,577 B
605 Love Ln Single Family 1,134 B
727 Love Ln Single Family 1,592 B
607 William St Single Family 960 B
608 William St Single Family 753 B
806 Southard St Single Family 1,100 B
732 Love Ln Multi-family - less than 10 units 1,869 B
712 Southard St Single Family 1,026 B
516 William St Single Family 1,958 B
711 Southard St Single Family 1,514 B
811 Southard St Single Family 3,087 B
718 Love Ln Single Family 510 B
612 William St Single Family 2,531 B
730 Love Ln Single Family 1,129 B
717 Love Ln Multi-family - less than 10 units 1,060 B
611 William St Multi-family - less than 10 units 2,632 B
708 Southard St Single Family 1,671 B
716 Love Ln Single Family 686 B
715 Bakers Ln Single Family 1,076 B
707 Southard St Single Family 606 B
721 Love Ln Single Family 1,014 B
613 William St Single Family 933 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.

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

815 Southard Street, LLC
811 Southard St
Southernmost Freshco LLC
532 Margaret St
Secret Villa Iii, LLC
630 Elizabeth St
Wooley'S Swamp LLC
615 Elizabeth St
Woodsnacks LLC
647 William
Plowhorse LLC
643 William St
Evil Eye Music, Inc.
618 William St
611 William LLC
611 William St
Southardlove, LLC
717 Southard St
Venus Charters, Inc.
724 Love Ln
Rockwell Property, Inc.
816 Fleming St
Ev Key West, LLC
516 William St
711 Love Lane, LLC
516 William St
718 Love Lane, LLC
516 William St
512 William Street, LLC
516 William St
Streamline Maritime LLC
800 Fleming St
Env Us, Inc.
508 William St
Student Research, Inc.
528 William St
Teri Beers, M.D., P.A.
814 Fleming St
Teemus, LLC
527 William St
631 Southard LLC
631 Southard St
531 Elizabeth Street, LLC
531 Elizabeth St
Disclaimers and Disclosures

Public Records Data

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