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 
3831 Duck Ave Multi-family - less than 10 units 1,241 C
3817 Duck Ave Single Family 2,018 B
3820 Cindy Ave Single Family 1,781 C
3816 Cindy Ave Single Family 1,457 B
3839 Duck Ave Multi-family - less than 10 units 1,737 B
3812 Cindy Ave Single Family 3,423 B
3815 Duck Ave Single Family 1,425 B
3820 Duck Ave Multi-family - less than 10 units 2,133 B
3828 Duck Ave Single Family 864 B
3810 Cindy Ave Single Family 1,440 B
3818 Duck Ave Single Family 2,283 B
3832 Duck Ave Single Family 2,790 B
3816 Duck Ave Single Family 1,356 B
1300 S Roosevelt Blvd Mixed use - store and office or store and residential or residential combination 1,514 B
3836 Duck Ave Single Family 1,300 C
1335 20th Ter Single Family 2,598 B
3806 Cindy Ave Single Family 1,394 B
3803 Duck Ave Single Family 1,272 B
1351 20th St Single Family 1,272 B
3812 Duck Ave Multi-family - less than 10 units 1,604 B
3809 Cindy Ave Single Family 1,407 C
3808 Duck Ave Single Family 838 B
3800 Cindy Ave Single Family 1,318 B
1406 S Roosevelt Blvd Multi-family - less than 10 units 3,226 B
3821 Eagle Ave Single Family 1,704 B
1331 20th Ter Single Family 1,033 B
4125 Eagle Ave Single Family 2,268 B
3829 Eagle Ave Single Family 1,531 B
3800 Duck Ave Single Family 1,688 B
4115 Eagle Ave Single Family 3,098 B
4139 Eagle Ave Multi-family - less than 10 units 3,355 B
1328 20th Ter Single Family 936 B
1333 20th St Single Family 2,616 B
1327 20th Ter Single Family 1,718 B
1410 S Roosevelt Blvd Single Family 1,232 B
3805 Eagle Ave Single Family 1,700 B
133, 3852 N Roosevelt Blvd.,Da Hotel or motel 42,125 B
1324 20th Ter Single Family 2,276 B
1329 20th St Single Family 1,513 B
4141 Eagle Ave Single Family 1,170 B
1200 20th St Single Family 2,570 B
3801 Eagle Ave Single Family 1,230 B
3749 Duck Ave Single Family 1,543 B
1323 20th Ter Single Family 2,474 C
1400 20th St Single Family 1,027 B
1325 20th St Single Family 1,153 A
1320 20th Ter Single Family 780 B
3800 Blk Roosevelt Blvd Right-of-way, street, road, irrigation channel, ditch, etc. 0 L

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 81 of all properties in this area. This suggests it would appeal to someone earning around $120,099 per year who should qualify for a mortgage between $240,198 and $300,248.

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 81 of all properties in this area. This corresponds to a rent of $1,804 per month and a monthly household income of $4,976 ($59,712 per year)

Nearby Companies

Soiree Key West, LLC
3800 Cindy Ave
Mary B Real Estate, LLC
3802 Eagle Ave
Rcm Of Key West, LLC
3821 Eagle Ave
Redland Grove, LLC
3821 Eagle Ave
Mongelli Management, Inc.
3821 Eagle Ave
Make It So Charters, LLC
3829 Eagle Ave
Robert Kino, LLC
3817 Duck Ave
Jerry'S Creek, L.L.C.
4115 Eagle Ave
Scarma Bay One, L.L.C.
4115 Eagle Ave
Mclovin Holdings L.L.C.
3831 Duck Ave
Selling The Keys LLC
4139 Eagle Ave
Topless Charters LLC
4139 Eagle Ave
Gary Mcadams, P.A.
4139 Eagle Ave
Grouper Cheeks LLC
3747 Cindy Ave
Disclaimers and Disclosures

Public Records Data

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