255 13th St, Key Colony Beach
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:
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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 | |
|---|---|---|---|---|
| 245 13th St | Single Family | 2,399 | B |
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| 265 13th St | Single Family | 2,932 | B |
|
| Vacant Land 13th St | Vacant Residential | 0 | L | |
| 240 13th St | Single Family | 1,927 | B |
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| 270 13th St | Single Family | 0 | B | |
| 260 14th St | Single Family | 2,294 | B |
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| 250 14th St | Single Family | 0 | B | |
| 225 13th St | Single Family | 2,363 | B |
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| 285 13th St | Single Family | 3,696 | B |
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| 230 13th St | Single Family | 2,390 | B |
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| 280 13th St | Single Family | 1,822 | B |
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| 280 14th St | Single Family | 2,244 | B |
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| 230 14th St | Single Family | 2,740 | B |
|
| 215 13th St | Single Family | 2,256 | B |
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| 295 13th St | Single Family | 2,311 | B |
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| 220 13th St | Single Family | 2,286 | B |
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| 290 14th St | Single Family | 3,122 | B |
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| 601 12th St | Single Family | 1,820 | B |
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| 581 12th St | Single Family | 1,872 | B |
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| 210 13th St | Single Family | 2,984 | B |
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| 300 13th St | Single Family | 2,392 | B |
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| 205 13th St | Single Family | 2,154 | B |
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| 305 13th St | Single Family | 2,579 | B |
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| 621 12th St | Single Family | 2,272 | B |
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| 561 12th St | Single Family | 1,716 | B |
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| 210 14th St | Single Family | 2,517 | B |
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| 641 12th St | Single Family | 2,001 | B |
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| 541 12th St | Single Family | 2,432 | B |
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| 285 14th St | Single Family | 5,611 | B |
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| 200 13th St | Vacant Residential | 0 | L | |
| 661 12th St | Single Family | 1,998 | B |
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| 195 13th St | Single Family | 2,360 | B |
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| 315 13th St | Single Family | 3,078 | B |
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| 521 12th St | Single Family | 2,220 | B |
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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 88 of all properties in this area. This suggests it would appeal to someone earning around $150,124 per year who should qualify for a mortgage between $300,248 and $375,310.
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 88 of all properties in this area. This corresponds to a rent of $2,050 per month and a monthly household income of $5,771 ($69,252 per year)
Nearby Companies
521 12th St
245 13th St
245 13th St
270 13th St
280 13th St