Monroe County Real Estate - Key Colony Beach

Key Colony Beach is in South East Florida. It's population as recorded in the 2010 Census was 797. Key Colony Beach is approximately 89 miles from Miami (population 399,457) and around 91 miles from Hialeah (population 224,669).

The median age for residents of Key Colony Beach is 61.8. Around 7.6% of Key Colony Beach households include school aged children and 50.6% of households include individuals aged 65 years or over. Census records indicate 98.6% of the Key Colony Beach population are White, .5% are Black or African American, .2% American Indian, .1% Asian and .5% are Two or more Races.

There are 1,431 housing units in Key Colony Beach. 999 (69.8%) of these were reported as vacant in the 2010 Census. Key Colony Beach is a tourist destination, 86.9% (869) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 195 residential rental units in Key Colony Beach. 108 of them were occupied in 2010 providing a residential rental vacancy rate of 42.6%.

Key Colony Beach 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 
63 Coco Plum Dr Airport (private or commercial), bus terminal, marine terminal, pier or marina. 0 L
48 Coco Plum Dr Single Family 2,080 B
55 Coco Plum Dr Packing plant (fruit and vegetable or meat packing) 0 L
1300 Coco Plum Dr Single Family 1,624 B
53 Coco Plum Dr Vacant Commercial 0 L
60 Coco Plum Dr Office building, non-professional service building, one story 0 B
71 Coco Plum Dr Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 483 B
62 Coco Plum Dr Vacant Residential 0 L
52 Coco Plum Dr Vacant Commercial 0 L
1320 Coco Plum Dr Privately owned hospital 4,912 B
1330 Coco Plum Dr Single Family 1,440 B
49 Coco Plum Dr Vacant Commercial 0 L
68 Coco Plum Dr Vacant Commercial 0 L
47 Coco Plum Dr Vacant Commercial 0 L
46 Coco Plum Dr Food processing 1,260 B
70 Coco Plum Dr Vacant Commercial 0 L
45 Coco Plum Dr Vacant Commercial 0 L
72 Coco Plum Dr Mixed use - store and office or store and residential or residential combination 3,104 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.

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%.

Nearby Companies

Keys Boat Works, Inc.
72 Coco Plum Dr
Signs By Renee, LLC
72 Coco Plum Dr
Outta The Blue Marina, LLC
63 Coco Plum Dr
Seabreeze Sportfishing LLC
71 Coco Plum Dr
Reel Attraction, Inc.
58 Coco Plum Dr
Main Attraction, Inc.
58 Coco Plum Dr
Ferro Seafood, Inc.
55 Coco Plum Dr
Disclaimers and Disclosures

Public Records Data

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