Monroe County Real Estate - Key West

Key West is in South East Florida. It's population as recorded in the 2010 Census was 24,649. Key West is approximately 129 miles from Miami (population 399,457) and around 130 miles from Hialeah (population 224,669).

The median age for residents of Key West is 41.5. Around 19.9% of Key West households include school aged children and 22.9% of households include individuals aged 65 years or over. Census records indicate 83.7% of the Key West population are White, 9.7% are Black or African American, .4% American Indian, 1.6% Asian and 2% are Two or more Races. Key West has a significant Hispanic population. 21.2% (5,228) of Key West residents are of Hispanic or Latino origin. Of these 11.59% are of Mexican origin, 7.74% Puerto Rican, 46.32% Cuban and 34.33% are of other Hispanic or Latino origin.

There are 14,107 housing units in Key West. 3,178 (22.5%) of these were reported as vacant in the 2010 Census. Key West is a tourist destination, 60.8% (1,935) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,941 residential rental units in Key West. 6,409 of them were occupied in 2010 providing a residential rental vacancy rate of 7.1%.

Key West 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 
2614 Seidenberg Ave Single Family 2,262 B
2624 Seidenberg Ave Single Family 1,530 B
2612 Seidenberg Ave Single Family 1,320 B
2617 Staples Ave Single Family 1,606 B
2615 Staples Ave Single Family 1,430 B
2623 Staples Ave Single Family 884 B
2609 Staples Ave Single Family 2,214 C
2627 Staples Ave Multi-family - less than 10 units 1,512 B
2617 Seidenberg Ave Single Family 2,498 B
2627 Seidenberg Ave Single Family 1,803 B
2609 Seidenberg Ave Vacant Residential 0 L
2604 Seidenberg Ave Single Family 2,032 B
2605 Staples Ave Single Family 1,175 B
1313 8th St Single Family 1,168 B
2603 Staples Ave Single Family 1,680 B
1400 Sunset Dr Single Family 1,710 B
1406 Sunset Dr Single Family 1,258 B
1311 8th St Single Family 1,236 B
2618 Staples Ave Single Family 2,088 B
2614 Staples Ave Single Family 1,298 B
2612 Harris Ave Single Family 1,212 C
2616 Harris Ave Single Family 2,936 B
1338 Sunset Dr Single Family 2,094 B
2622 Staples Ave Multi-family - less than 10 units 1,512 B
1412 Sunset Dr Single Family 1,361 B
2608 Staples Ave Multi-family - less than 10 units 1,689 B
2524 Seidenberg Ave Multi-family - less than 10 units 2,728 B
2606 Staples Ave Multi-family - less than 10 units 1,741 B
1332 Sunset Dr Church 1,035 B
2600 Harris Ave Multi-family - less than 10 units 2,451 B
1417 8th St Single Family 1,350 B
2527 Seidenberg Ave Single Family 1,574 B
2519 Staples Ave Single Family 2,071 B
2712 Staples Ave Single Family 1,591 B
2520 Seidenberg Ave Single Family 838 B
1326 Sunset Dr Single Family 1,518 B
2619 Flagler Ave Single Family 884 B
2615 Flagler Ave Single Family 1,304 B
2623 Flagler Ave Single Family 1,320 B
2523 Seidenberg Ave Multi-family - less than 10 units 2,095 B
2611 Flagler Ave Single Family 1,018 B
2625 Flagler Ave Single Family 817 B
2530 Staples Ave Single Family 2,016 B
1401 Sunset Dr Single Family 2,283 C
2520 Harris Ave Multi-family - less than 10 units 2,808 B
2714 Staples Ave Church 1,691 B
2607 Flagler Ave Multi-family - less than 10 units 2,576 B
2518 Seidenberg Ave Single Family 1,916 B
1407 Sunset Dr Single Family 1,608 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 50 of all properties in this area. This suggests it would appeal to someone earning around $59,750 per year who should 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%.

This property falls in percentile 50 of all properties in this area. This corresponds to a rent of $1,192 per month and a monthly household income of $3,305 ($39,660 per year)

Nearby Companies

18th Terrace, LLC
2616 Harris Ave
Bublak Properties, LLC
2616 Harris Ave
R & R Pool & Spa Service Inc
2617 Staples Ave
Snapp Home Services, LLC
2712 Harris Ave
Pijo And Penda, LLC
1412 Sunset Dr
Conch Republic Charters LLC
2712 Staples Ave
Victoria Diamond Art LLC
2712 Staples Ave
Keys Steammaster Inc
2518 Seidenberg Ave
Lobo'S, Inc.
2527 Seidenberg Ave
Jorge Galvan Tile, Inc.
2603 Harris Ave
Livewire Productions LLC
2609 Staples Ave
The Gathering Tree Inc
2609 Staples Ave
Alco Of Key West, LLC
2619 Harris Ave
Mike Petro LLC
2614 Seidenberg Ave
Lick Your Lips Dip LLC
2609 Flagler Ave
Disclaimers and Disclosures

Public Records Data

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