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 
516 Olivia St Hotel or motel 1,512 B
508 Olivia St Hotel or motel 1,308 A
912 Center St Single Family 592 B
914 Center St Mixed use - store and office or store and residential or residential combination 895 B
522 Olivia St Single Family 936 C
916 Center St Hotel or motel 945 A
907 Center St Single Family 1,026 B
913 Duval St Hotel or motel 3,909 A
903 Duval St Restaurant, cafeteria 5,309 C
909 Center St Multi-family - less than 10 units 1,114 B
911 Center St Single Family 1,133 B
517 Olivia St Multi-family - less than 10 units 1,026 B
901 Duval St Mixed use - store and office or store and residential or residential combination 8,000 B
524 Olivia St Multi-family - less than 10 units 1,320 B
920 Center St Multi-family - less than 10 units 1,821 B
513 Olivia St Multi-family - less than 10 units 1,360 B
521 Olivia St Single Family 745 B
511 Olivia St Hotel or motel 1,522 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
915 Center St Hotel or motel 1,043 B
915 Duval St Mixed use - store and office or store and residential or residential combination 2,274 A
830 Center St Single Family 624 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
917 Center St Single Family 756 C
525 Olivia St Multi-family - less than 10 units 1,798 B
526 Olivia St Single Family 1,488 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
824 Center St Single Family 1,080 B
825 Duval St Store, one story 6,682 B
917 Duval St Restaurant, cafeteria 1,452 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
827 Center St Single Family 1,275 B
820 Center St Hotel or motel 1,064 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
513 Truman Ave Mixed use - store and office or store and residential or residential combination 2,604 B
924 Center St Mixed use - store and office or store and residential or residential combination 4,460 B
511 Truman Ave Parking lot (commercial or patron) or mobile home park 0 L
527 Olivia St Multi-family - less than 10 units 1,688 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 844 B
919 Duval St Mixed use - store and office or store and residential or residential combination 4,173 B
821 Center St Single Family 660 C
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
900-904 Simonton St & 528-532 Olivia St Mixed use - store and office or store and residential or residential combination 6,198 B
821 Duval St Mixed use - store and office or store and residential or residential combination 2,994 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
921 Center St Miscellaneous Residential (migrant camp or boarding home.) 731 B
529 Olivia St Single Family 810 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

Caj Scooters, Inc
523 Truman Ave
Key West Publishing, LLC
529 Truman Ave
926 Simonton Street, LLC
529 Truman Ave
New York Gmt , LLC
1007 Simonton St
1334 Atlantic Blvd, LLC
1007 Simonton St
1007 Simonton St LLC
1007 Simonton St
1330 Atlantic Blvd LLC
1007 Simonton St
Tr Enterprises, Inc.
1007 Simonton St
Monkey Bars LLC
900 Simonton St
Ocean Spa Key West L.L.C.
829 Simonton St
Keikoz, LLC
903 Simonton St
Petals & Vines, LLC
901 Simonton St
Conch Ghost Tours Inc.
901 Simonton St
625 Truman, LLC
625 Truman Ave
Conch House Charter Co.
625 Truman Ave
Samfra, Inc.
625 Truman Ave
Venter Enterprises, LLC
601 Truman Ave
Minty'S LLC
601 Truman Ave
Keys Fresh LLC
828 Duval St
Conch Republic Cottage, LLC
510 Petronia St
820 Center Street, LLC
820 Center St
Venture Out 594, LLC
825 Duval St
Last Key Realty, Inc.
825 Duval St
Cabanas Rentals, LLC
902 Simonton St
Cabanas Printing, Inc.
902 Simonton St
1007 Market Place, Inc.
1007 Duval St
Southernmost Outlet Inc.
1000 Duval St
Zursec501, LLC
217 Eanes Ln
Colombian Grace LLC
500 Truman Ave
500 Market Place, Inc.
500 Truman Ave
Martin'S On Duval LLC
917 Duval St
Geo And 517 Truman, LLC
517 Truman Ave
Grill & Chill LLC
517 Truman Ave
Old Town Suites, LLC
517 Truman Ave
Jenna Stauffer Pa
926 Duval St
S And P Management Inc.
420 Olivia St
Better Than Sex, Inc.
531 Truman Ave
Awsawseech, LLC
918 Duval St
Ginola, LLC
912 Duval St
Wild Sales Inc
912 Duval St
0 Mile Building, LLC
914 Duval St
914 Duval, Inc.
914 Duval St
913 Duval Street, LLC
913 Duval St
901 Duval Street, Inc.
901 Duval St
Jmd Development, Inc
801 Duval St
801 Bourbon, Inc.
801 Duval St
Art Point LLC
824 Duval St
Edgar, LLC
816 Duval St
Wavy Gravy LLC
810 Duval St
Nailtini LLC
817 Duval St
Kwrh LLC
817 Duval St
Macdaddy Diving LLC
817 Duval St
Disclaimers and Disclosures

Public Records Data

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