30933 Malaga Ln, Big Pine Key
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:
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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 | |
|---|---|---|---|---|
| Vacant Land Malaga Ln | Vacant Residential | 0 | L | |
| 30937 Malaga Ln | Single Family | 1,008 | B |
 |
| 30917 Malaga Ln | Single Family | 912 | B |
|
| Vacant Land Magala Ln | Vacant Residential | 0 | L | |
| 1952 Coral Way | Single Family | 1,416 | B |
|
| 30926 Ortega Ln | Single Family | 1,475 | B |
|
| 1964 Coral Way | Single Family | 1,040 | B |
|
| 30916 Malaga Ln | Single Family | 792 | B |
|
| 30892 Malaga Ln | Single Family | 925 | B |
|
| 30918 Ortega Ln | Single Family | 1,260 | B |
|
| 30939 Delgado Ln | Single Family | 1,520 | B |
|
| 30933 Ortega Ln | Single Family | 1,339 | B |
|
| 30884 Malaga Ln | Single Family | 945 | B |
|
| 2032 Coral Way | Single Family | 952 | B |
|
| 30886 Ortega Ln | Single Family | 1,243 | B |
|
| 30877 Malaga Ln | Single Family | 960 | B |
|
| 30883 Delgado Ln | Single Family | 1,394 | B |
|
| 1963 Coral Way | Single Family | 1,530 | B |
|
| 30919 Ortega Ln | Single Family | 952 | B |
|
| 1939 Coral Way | Single Family | 1,344 | B |
|
| 30876 Malaga Ln | Single Family | 1,080 | B |
|
| 2019 Coral Way | Single Family | 744 | B |
|
| 30887 Ortega Ln | Single Family | 1,176 | B |
|
| 30868 Malaga Ln | Single Family | 780 | B |
|
| 2056 Coral Way | Single Family | 1,152 | B |
|
| 30938 Delgado Ln | Single Family | 1,276 | B |
|
| 677 Delgado Ln | Single Family | 750 | B |
|
| 30922 Delgado Ln | Single Family | 784 | B |
|
| 30870 Ortega Ln | Single Family | 960 | B |
|
| 30861 Magala Ln | Single Family | 1,926 | B |
|
| 30914 Delgado Ln | Vacant Residential | 0 | L | |
| Vacant Land Coral Way | Vacant Residential | 0 | L | |
| 30867 Delgado Ln | Single Family | 1,200 | B |
|
| 1900 Coral Way | Single Family | 1,488 | B |
|
| 30908 Minorca Dr | Single Family | 960 | B |
|
| 30884 Delgado Ln | Single Family | 1,936 | B |
|
| 30854 Ortega Ln | Single Family | 984 | B |
|
| 30888 Minorca Dr | Single Family | 1,360 | B |
|
| Delgado Ln | Single Family | 600 | B |
|
| 2061 Coral Way | Single Family | 1,300 | B |
|
| 30859 Delgado Ln | Single Family | 900 | 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 76 of all properties in this area. This suggests it would appeal to someone earning around $104,538 per year who should qualify for a mortgage between $209,076 and $261,345.
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 76 of all properties in this area. This corresponds to a rent of $1,666 per month and a monthly household income of $4,652 ($55,824 per year)