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 
1819 Harris Ave Single Family 1,040 B
1823 Harris Ave Single Family 1,113 B
1825 Harris Ave Single Family 680 B
1820 Fogarty Ave Single Family 690 B
1818 Fogarty Ave Multi-family - less than 10 units 3,332 B
1824 Fogarty Ave Multi-family - less than 10 units 2,398 B
1810 Harris Ave Single Family 1,720 B
1321 George St Single Family 1,675 B
1716 Seminary St Single Family 1,992 B
1322 George St Single Family 1,831 B
1826 Fogarty Ave Single Family 938 B
1814 Harris Ave Single Family 1,524 B
1731 Seminary St Multi-family - less than 10 units 1,794 B
1829 Harris Ave Single Family 1,393 B
1828 Fogarty Ave Multi-family - less than 10 units 1,605 B
1729 Seminary St Single Family 2,212 B
1818 Harris Ave Single Family 1,640 B
1831 Harris Ave Multi-family - less than 10 units 1,092 B
1717 South St Single Family 1,817 B
1714 Seminary St Single Family 2,013 B
1809 Seidenberg Ave Single Family 1,698 B
1830 Fogarty Ave Condominium 598 L
1830 Fogarty Ave Condominium 572 L
1830 Fogarty Ave Condominium 726 L
1830 Fogarty Ave Condominium 388 L
1830 Fogarty Ave Condominium 411 L
1830 Fogarty Ave Condominium 460 L
1830 Fogarty Ave Condominium 565 L
1801 Seidenberg Ave Single Family 1,726 B
1724 South St Single Family 1,102 B
1721 Seminary St Single Family 1,728 B
1811 Seidenberg Ave Single Family 1,437 B
1730 United St Vacant Residential 0 L
1316 1st St Single Family 1,075 B
1815 Seidenberg Ave Single Family 1,456 B
1720 South St Single Family 2,760 B
1720 United St Vacant Residential 0 L
1819 Seidenberg Ave Single Family 1,463 B
1709 South St Single Family 832 B
1716 South St Single Family 1,080 B
1718 United St Single Family 1,593 B
1706 Seminary St Single Family 1,936 B
1711 Seminary St Single Family 2,001 B
1901 Harris Ave Multi-family - less than 10 units 2,975 B
1330 1st St Multi-family - less than 10 units 1,873 B
1721 Washington St Single Family 1,312 B
1301 1st St Single Family 1,424 B
1716 United St Vacant Residential 0 L
1315 1st St Multi-family - less than 10 units 3,200 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

Theme Runs, Inc.
1277 1st St
Fryde Conch, LLC
1709 South St
Friied LLC
1821 Harris Ave
Chicken Down Decoys, LLC
1720 South St
Key West Republic Flag, LLC
1905 Harris Ave
Disclaimers and Disclosures

Public Records Data

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