11073 5th Ave Ocean, Marathon
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:
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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
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
11065 5th Ave Ocean | Single Family | 2,409 | B | |
11095 5th Ave Ocean | Single Family | 1,871 | B | |
11090 5th Ave Ocean | Single Family | 1,296 | B | |
11053 5th Ave Ocean | Single Family | 690 | B | |
11050 5th Ave Ocean | Single Family | 1,246 | B | |
11109 5th Ave Ocean | Single Family | 1,020 | B | |
547 111th St Ocean | Single Family | 1,320 | B | |
544 110th St Ocean | Single Family | 1,075 | B | |
11106 5th Ave Ocean | Single Family | 1,140 | B | |
10985 5th Ave Ocean | Single Family | 1,040 | B | |
11107 4th Ave Ocean | Single Family | 782 | B | |
11137 5th Ave Ocean | Single Family | 1,375 | B | |
485 111th St Ocean | Single Family | 1,282 | B | |
11138 5th Ave Ocean | Single Family | 1,140 | B | |
482 110th St Ocean | Single Family | 1,248 | B | |
10980 5th Ave Ocean | Single Family | 1,248 | B | |
11137 4th Ave Ocean | Single Family | 768 | B | |
10975 5th Ave Ocean | Single Family | 1,362 | B | |
488 4th Ave Ocean | Single Family | 792 | B | |
11189 5th Ave Ocean | Multi-family - less than 10 units | 1,107 | B | |
495 110th St Ocean | Single Family | 921 | B | |
433 111th St Ocean | Single Family | 1,302 | B | |
11188 5th Ave Ocean | Single Family | 1,134 | B | |
430 110th St Ocean | Single Family | 1,122 | B | |
11176 4th Ave Ocean | Multi-family - less than 10 units | 576 | B | |
11187 4th Ave Ocean | Single Family | 616 | B | |
10957 5th Ave Ocean | Single Family | 992 | B | |
11105 3rd Ave Ocean | Single Family | 973 | C | |
483 110th St Ocean | Single Family | 832 | B | |
11135 3rd Ave Ocean | Single Family | 1,049 | B | |
371 111th St Ocean | Single Family | 925 | B | |
11184 4th Ave Ocean | Single Family | 1,036 | B | |
10950 5th Ave Ocean | Single Family | 1,248 | B | |
368 110th St Ocean | Single Family | 800 | B | |
708 109th St Ocean | Single Family | 1,240 | B | |
421 110th St Ocean | Single Family | 1,152 | B | |
542 109th St Ocean | Single Family | 800 | B | |
11102 3rd Ave Ocean | Single Family | 690 | B | |
639 112th St Ocean | Single Family | 1,561 | B | |
480 109th St Ocean | Single Family | 1,824 | B | |
11124 3rd Ave Ocean | Single Family | 616 | B | |
666 112th St Ocean | Single Family | 1,191 | B | |
309 111th St Ocean | Single Family | 1,286 | B | |
300 110th St | Single Family | 1,248 | B | |
555 112th St Ocean | Single Family | 1,215 | B | |
369 110th St Ocean | Single Family | 1,083 | B | |
11134 3rd Ave Ocean | Single Family | 756 | B | |
428 109th St Ocean | Single Family | 800 | B | |
485 112th St Ocean | Single Family | 476 | 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 66 of all properties in this area. This suggests it would appeal to someone earning around $81,990 per year who should qualify for a mortgage between $163,980 and $204,975.
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 66 of all properties in this area. This corresponds to a rent of $1,452 per month and a monthly household income of $3,990 ($47,880 per year)
Nearby Companies
368 Ne 111th St
368 Ne 111th St
11095 5th Ave Ocean
414 122 St Ocean
10875 - 7th Avenue Ocean
10957 5th Ave Ocean