Monroe County Real Estate - Marathon

Marathon is in South East Florida. It's population as recorded in the 2010 Census was 8,297. Marathon is approximately 86 miles from Miami (population 399,457) and around 88 miles from Hialeah (population 224,669).

The median age for residents of Marathon is 47.9. Around 22.2% of Marathon households include school aged children and 29.6% of households include individuals aged 65 years or over. Census records indicate 90.4% of the Marathon population are White, 4.7% are Black or African American, .3% American Indian, 1% Asian and 1.8% are Two or more Races. Marathon has a significant Hispanic population. 26.8% (2,224) of Marathon residents are of Hispanic or Latino origin. Of these 13.44% are of Mexican origin, 3.95% Puerto Rican, 56.47% Cuban and 26.12% are of other Hispanic or Latino origin.

There are 6,187 housing units in Marathon. 2,469 (39.9%) of these were reported as vacant in the 2010 Census. Marathon is a tourist destination, 67.7% (1,673) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,126 residential rental units in Marathon. 1,677 of them were occupied in 2010 providing a residential rental vacancy rate of 20.2%.

Marathon 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 
254 W Seaview Dr Single Family 1,320 B
258 W Seaview Dr Single Family 1,558 B
252 W Seaview Dr Single Family 1,515 B
260 W Seaview Dr Single Family 2,480 B
257 W Seaview Dr Single Family 1,440 B
253 W Seaview Dr Single Family 1,151 B
184 Indies Dr Single Family 3,196 B
250 W Seaview Dr Single Family 1,404 B
262 W Seaview Dr Single Family 1,969 B
180 S Indies Dr Single Family 1,728 B
Vacant Land W Seaview Dr Vacant Residential 0 L
186 S Indies Dr Single Family 2,104 B
235 W Seaview Cir Single Family 1,512 B
239 W Seaview Cir Single Family 1,782 B
178 S Indies Dr Single Family 1,496 B
241 Seaview Cir Vacant Residential 0 L
261 W Seaview Dr Vacant Residential 0 L
264 W Seaview Dr Single Family 2,644 B
248 W Seaview Dr Single Family 2,202 B
Vacant W Seaview Cir Vacant Residential 0 L
188 S Indies Dr Single Family 3,140 B
249 W Seaview Dr Single Family 1,260 B
176 S Indies Dr Single Family 2,726 B
231 W Seaview Cir Single Family 1,566 B
265 W Seaview Dr Vacant Residential 0 L
174 S Indies Dr Vacant Residential 0 L
266 W Seaview Dr Single Family 2,224 B
190 S Indies Dr Single Family 2,071 B
246 W Seaview Dr Single Family 1,260 B
236 W Seaview Cir Single Family 2,540 B
234 W Seaview Cir Single Family 2,162 B
255 W Seaview Dr Vacant Residential 0 L
238 W Seaview Cir Single Family 2,240 B
232 W Seaview Cir Single Family 1,566 B
240 W Seaview Cir Vacant Residential 0 L
192 S Indies Dr Single Family 1,830 B
172 S Indies Dr Single Family 2,227 B
230 W Seaview Cir Single Family 2,623 B
175 S Indies Dr Vacant Residential 0 L
268 W Seaview Dr Single Family 1,008 B
244 W Seaview Dr Single Family 1,596 B
242 W Seaview Cir Single Family 2,578 B
227 W Seaview Cir Single Family 1,526 B
247 W Seaview Cir Single Family 2,519 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 86 of all properties in this area. This suggests it would appeal to someone earning around $138,873 per year who should qualify for a mortgage between $277,746 and $347,183.

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 86 of all properties in this area. This corresponds to a rent of $1,973 per month and a monthly household income of $5,517 ($66,204 per year)

Nearby Companies

188 Indies Drive South, LLC
188 Indies Drive South
Keys Island Maintenance, LLC
253 West Seaview Cir
Simone Property Holdings LLC
248 West Seaview Cir
147 S Indies Dr, LLC
256 W Seaview Dr
Medical Management Partners, Inc.
257 West Seaview Dr
Dunkerron LLC
260 West Seaview Dr
Disclaimers and Disclosures

Public Records Data

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