Monroe County Real Estate - Big Pine Key

Big Pine Key is in South East Florida. It's population as recorded in the 2010 Census was 4,252. Big Pine Key is approximately 104 miles from Miami (population 399,457) and around 106 miles from Hialeah (population 224,669).

The median age for residents of Big Pine Key is 49.7. Around 17.9% of Big Pine Key households include school aged children and 27.5% of households include individuals aged 65 years or over. Census records indicate 94.6% of the Big Pine Key population are White, 1.7% are Black or African American, .3% American Indian, .7% Asian and 1.7% are Two or more Races.

There are 2,981 housing units in Big Pine Key. 1,025 (34.3%) of these were reported as vacant in the 2010 Census. Big Pine Key is a tourist destination, 68.8% (706) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 734 residential rental units in Big Pine Key. 594 of them were occupied in 2010 providing a residential rental vacancy rate of 17.4%.

Big Pine Key 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 
31047 Avenue I Single Family 1,500 B
31107 Avenue I Single Family 1,248 B
31054 Ave J Single Family 1,056 B
31041 Avenue I Mobile Home 840 B
31048 Ave J Mobile Home 588 B
Avenue I County Owned 0 L
31113 Avenue I Mobile Home 586 B
31108 Avenue J Mobile Home 721 B
31046 Avenue J Multi-family - less than 10 units 2,148 B
31119 Ave I Mobile Home 732 B
31029 Avenue I Mobile Home 588 B
31112 Ave I Single Family 960 B
Vacant Lots Avenue H Vacant Residential 0 L
31028 Avenue I Mobile Home 720 B
31118 Avenue I Single Family 960 B
31120 Avenue J Mobile Home 530 B
31069 Avenue H Single Family 1,144 B
31131 Avenue H Single Family 960 B
31017 Avenue I Mobile Home 919 B
31069 Ave H Government Undefined 0 L
31124 Avenue I Single Family 960 B
31131 Avenue I Single Family 1,056 B
31139 Ave H Single Family 960 B
31018 J Ave Single Family 684 B
31042 Hibiscus Dr Single Family 864 B
31130 Ave I Single Family 960 B
31147 Avenue H Single Family 960 B
Vacant Lot Avenue I Government Undefined 0 L
31011 Avenue I Mobile Home 1,436 B
31084 Avenue H Mobile Home 642 B
31076 Ave H Mobile Home 748 B
31136 Ave I Single Family 960 B
31155 Ave H Single Family 960 B
31068 Avenue H Single Family 792 B
31005 Avenue I Mobile Home 552 C
31052 Avenue H Multi-family - less than 10 units 1,592 B
31051 Hibiscus Dr Single Family 1,279 B
31111 Hibiscus Dr Single Family 962 B
31163 Avenue H Single Family 960 B
31142 Avenue I Single Family 960 B
31020 Hibiscus Dr Single Family 952 B
31044 Ave H Single Family 1,152 B
31033 Hibiscus Dr Single Family 816 B
31171 Avenue H Single Family 960 B
31014 Hibiscus Dr Single Family 950 B
31148 Ave I Single Family 960 B
31083 Ave G Mobile Home 645 B
31075 Avenue G Single Family 0 B
31123 Hibiscus Dr Single Family 880 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 15 of all properties in this area. This suggests it would appeal to someone earning around $20,600 per year who should qualify for a mortgage between $41,200 and $51,500.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$29,147
$58,295
$87,442
$116,589
$20,600

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 15 of all properties in this area. This corresponds to a rent of $675 per month and a monthly household income of $1,961 ($23,532 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$141
$2,394
$4,646
$6,899
$9,151
$1,961
$675

Nearby Companies

Saltwater Seafari LLC
31163 Avenue H
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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