Monroe County Real Estate - Marathon Shores

Marathon Shores is in South East Florida. Marathon Shores is approximately 89 miles from Miami (population 399,457) and around 92 miles from Hialeah (population 224,669).

Marathon Shores 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 
11499 5th Ave Ocean Single Family 635 B
11400 6th Ave Ocean Single Family 744 B
11499 6th Ave Ocean Single Family 1,778 B
11459 6th Ave Ocean Single Family 1,271 B
11456 5th St Ocean Single Family 645 B
11397 6th Ave Ocean Single Family 1,733 B
11528 6th Ave Ocean Single Family 837 B
11406 5th Ave Ocean Single Family 792 B
11525 E 6th Ave Ocean Single Family 1,294 B
11459 4th Ave Ocean Single Family 945 B
11507 5th Ave Ocean Single Family 1,868 B
11336 6th Ave Ocean Single Family 714 B
11399 6th Ave Ocean Single Family 2,452 B
11407 4th Ave Ocean Single Family 747 B
11548 6th Ave Ocean Single Family 821 B
11563 4th Ave Ocean Single Family 1,637 B
11555 6th Ave Ocean Single Family 1,715 B
11554 5th Ave Ocean Single Family 1,222 B
11335 6th Ave Ocean Single Family 2,323 B
475 114th St Ocean Single Family 1,691 B
11494 4th Ave Ocean Single Family 1,020 A
11338 6th Ave Ocean Single Family 790 B
11339 5th Ave Ocean Single Family 1,096 B
699 116th St Ocean Single Family 1,176 B
11404 4th Ave Ocean Single Family 1,795 B
435 114th St Ocean Single Family 784 B
11585 6th Ave Ocean Single Family 1,331 B
587 116th St Ocean Single Family 832 B
11455 3rd Ave Ocean Single Family 910 B
11339 6th Ave Ocean Single Family 1,680 B
11340 6th Ave Ocean Single Family 1,136 B
11405 3rd Ave Ocean Single Family 1,220 B
11329 5th Ave Ocean Single Family 595 B
11348 4th Ave Ocean Single Family 858 B
585 116th St Ocean Single Family 984 B
11326 5th Ave Ocean Single Family 768 B
11554 4th Ave Ocean Single Family 732 B
11611 6th Ave Ocean Multi-family - less than 10 units 2,176 B
11385 3rd Ave Ocean Single Family 778 B
11327 4th Ave Ocean Single Family 1,066 B
487 116th St Ocean Single Family 907 B
Vacant Lot 3rd Ave Vacant Residential 0 L
11450 3rd Ave Single Family 750 B
11324 4th Ave Ocean Single Family 713 B
348 114th St Ocean Single Family 1,387 B
658 5th Ave Ocean Single Family 1,280 B
3rd Ave Ocean Vacant Residential 0 L
11587 3rd Ave Ocean Single Family 850 B
598 4th Ave Ocean Single Family 837 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 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

The Foundation Wilson Inc.
3498 Ne 56th Ave
11325 Fish Net, LLC
11324 4th Avenue Ocean
Efrain Marin Tile, LLC
348 114th St
Meacham Electric, Inc.
11404 4th Avenue Ocean
Cjm Concepts, LLC
11407 4th Avenue Ocean
Paulette Thompson P.A.
11602 116th Street Ocean
R.B. Knot, Inc.
11602 116th Street Ocean
Ameristar Contracting Group, Inc.
11683 6th Ave Ocean
Disclaimers and Disclosures

Public Records Data

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