Monroe County Real Estate - Key Largo

Key Largo is in South East Florida. It's population as recorded in the 2010 Census was 10,433. Key Largo is approximately 50 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).

The median age for residents of Key Largo is 47.8. Around 21.9% of Key Largo households include school aged children and 29.9% of households include individuals aged 65 years or over. Census records indicate 93% of the Key Largo population are White, 2.3% are Black or African American, .5% American Indian, .7% Asian and 1.8% are Two or more Races. Key Largo has a significant Hispanic population. 23.6% (2,471) of Key Largo residents are of Hispanic or Latino origin. Of these 21.2% are of Mexican origin, 4.97% Puerto Rican, 55.84% Cuban and 17.96% are of other Hispanic or Latino origin.

There are 8,459 housing units in Key Largo. 3,753 (44.3%) of these were reported as vacant in the 2010 Census. Key Largo is a tourist destination, 78.2% (2,938) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,922 residential rental units in Key Largo. 1,607 of them were occupied in 2010 providing a residential rental vacancy rate of 14.7%.

Key Largo 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 
813 Narragansett Ln Mobile Home 528 C
858 Narragansett Ln Single Family 2,378 B
866 Narragansett Ln Mobile Home 672 C
808 Narragansett Ln Mobile Home 1,056 C
856 Narragansett Ln Mobile Home 720 C
767 Michael Dr Mobile Home 672 C
765 Michael Dr Mobile Home 825 C
868 Narrangesett Ln Mobile Home 732 B
769 Michael Dr Mobile Home 938 B
854 Narragansett Ln Vacant Residential 0 L
11 Michael Dr Mobile Home 840 B
19 Michael Dr Single Family 1,408 B
9 Michael Dr Mobile Home 1,260 B
759 Michael Dr Mobile Home 854 B
852 Narragansett Ln Mobile Home 1,248 L
861 Narragansett Ln Mobile Home 1,104 B
870 Narragansett Ln Mobile Home 1,344 B
859 Narragansett Ln Mobile Home 1,416 B
863 Narragansett Ln Mobile Home 1,375 B
23 Michael Dr Vacant Residential 0 L
5 Michael Dr Mobile Home 868 B
857 Narragansett Ln Mobile Home 1,440 B
802 Narragansett Ln Mobile Home 864 B
865 Narragansett Ln Single Family 1,976 B
855 Narragansett Ln Mobile Home 672 B
878 Narragansett Ln Single Family 2,615 B
850 Narragansett Ln Mobile Home 672 C
753 Michael Dr Mobile Home 552 B
794 Narragansett Ln Single Family 960 B
17 Michael Dr Mobile Home 1,282 B
853 Narragansett Ln Single Family 0 A
796 Narragansett Ln Mobile Home 1,152 B
764 Michael Dr Mobile Home 784 C
21 Michael Dr Mobile Home 672 B
768 Michael Dr Mobile Home 552 B
762 Michael Dr Mobile Home 1,044 C
1 Michael Dr Mobile Home 480 B
760 Michael Dr Single Family 1,620 B
851 Narragansett Ln Mobile Home 1,343 B
772 Michael Dr Mobile Home 840 B
1042 Adams Dr Single Family 2,858 A
1040 Adams Dr Single Family 1,680 B
758 Michael Dr Mobile Home 1,152 B
795 Narragansett Ln Single Family 2,021 B
1044 Adams Dr Single Family 1,230 B
829 Narranganset Ln Single Family 1,688 B
1038 Adams Dr Single Family 1,532 B
756 Michael Dr Mobile Home 952 B
774 Michael Dr Single Family 800 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.

The tax assessed value of this property places it in percentile 30 of all properties in this area. This suggests it would appeal to someone earning around $36,911 per year who should qualify for a mortgage between $73,822 and $92,278.

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 30 of all properties in this area. This corresponds to a rent of $923 per month and a monthly household income of $2,643 ($31,716 per year)

Nearby Companies

A All Major Brands Corp.
753 Michael Dr
Alina Huffman LLC
774 Michael Dr
Llh Enterprises, LLC
851 Narragansett Ln
Disclaimers and Disclosures

Public Records Data

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