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 
316 Simonton St Light manufacturing 8,122 B
526 Rose Ln Multi-family - less than 10 units 1,320 B
532 Caroline St Single Family 5,282 B
524 Rose Ln Hotel or motel 1,662 B
320 Simonton St Hotel or motel 3,122 A
2 Hurricane Alley Hotel or motel 715 A
522 Rose Ln Hotel or motel 1,677 B
4 Hurricane Alley Hotel or motel 544 A
522 Caroline St Single Family 4,588 B
6 Hurricane Alley Hotel or motel 792 A
322 And 324 Simonton St Hotel or motel 1,348 B
1 Hurricane Alley Hotel or motel 442 A
3 Hurricane Alley Hotel or motel 442 A
5 Hurricane Alley Hotel or motel 596 A
326 Simonton St Hotel or motel 1,882 B
301 Simonton St Federal Owned 24,180 B
328 Simonton St Mixed use - store and office or store and residential or residential combination 2,920 B
531 Caroline St Single Family 3,156 B
537 Caroline St Hotel or motel 3,115 B
529 Caroline St Hotel or motel 2,998 B
525 Caroline St Mixed use - store and office or store and residential or residential combination 2,088 B
529 Eaton St Mixed use - store and office or store and residential or residential combination 2,704 A
331 Simonton St Multi-family - less than 10 units 2,050 B
512 Caroline St Hotel or motel 3,640 A
525 Eaton St Hotel or motel 432 B
313 Duval St Restaurant, cafeteria 11,237 B
333 Simonton St Store, one story 2,052 B
533 Eaton St Club, lodge or union hall 13,631 C
523 Eaton St Hotel or motel 2,543 A
319 Duval St Club, lodge or union hall 12,084 B
223 Ann St Single Family 1,143 B
601 Caroline St Hotel or motel 5,769 B
517 Eaton St Single Family 3,351 B
325 Duval St Hotel or motel 6,235 A
5 Higgs Ln Single Family 1,325 B
220 Simonton St Multi-family - less than 10 units 1,500 B
Vacant Land Vacant Commercial 0 L
607 Eaton St Multi-family - less than 10 units 1,080 B
335 Simonton St Club, lodge or union hall 0 L
609 Caroline St Single Family 1,712 B
511 Eaton St Hotel or motel 5,222 B
221 Simonton St Mixed use - store and office or store and residential or residential combination 1,825 A
305 Duval St Nightclub, cocktail lounge or bar 1,201 B
616 Caroline St Condominium 428 L
616 Caroline St Condominium 420 L
616 Caroline St Condominium 980 L
616 Caroline St Condominium 754 L
616 Caroline St Condominium 650 L
616 Caroline St Condominium 525 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

Queer Keys Inc.
600 Eaton St
Puptown Girl LLC
627 Eaton St
5 Higgs Lane, LLC
5 Higgs Ln
Zachary Group, LLC
525 Caroline St
Mcnamara 1991 Federal, LLC
522 Caroline St
Tsv, LLC
522 Caroline St
Zerby Hotel LLC
511 Eaton St
Zerby Old Town LLC
511 Eaton St
Zerby Rose Lane LLC
511 Eaton St
Zerby Restaurant LLC
511 Eaton St
Key West Room Escape LLC
314 Simonton St
Nep Florida, LLC
523 Eaton St
Strings And More LLC
512 Eaton St
J&B C5 LLC
512 Eaton St
The Rec Club, Inc.
524 Eaton St
Amanda Velazquez, P.A.
524 Eaton St
The Angling Company, LLC
333 Simonton St
333 Clothing, LLC
333 Simonton St
607 Eaton Street, LLC
607 Eaton St
Jimmy Lane, P.A.
211 Simonton St
Management Controls, LLC
221 Simonton St
Chamber Brothers, LLC
221 Simonton St
Susan M. Cardenas, P.A.
221 Simonton St
Adele V. Stones, P.A.
221 Simonton St
Jenco Consulting, LLC
626 Caroline St
Curry Mansion Corporation
511 Caroline St
511 Caroline Street, LLC
511 Caroline St
Neptune Designs, Inc.
301 Duval St
305 Duval Kw, LLC
305 Duval St
Mark Sanouf, Inc.
305 Duval St
Colonial Suites, Inc.
326-330 Duval St
Ann Street, LLC
213 Ann St
Disclaimers and Disclosures

Public Records Data

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