181 109th St, Marathon
Monroe County Real Estate - Marathon Shores
Marathon Shores is in South East Florida. Marathon Shores is approximately 89 miles from Miami (population 399,457) and around 92 miles from Hialeah (population 224,669).
Marathon Shores links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 253 109th St Ocean | Multi-family - less than 10 units | 1,600 | B |
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| 10899 Overseas Hwy | Store, one story | 2,100 | B |
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| 10887 Overseas Hwy | Store, one story | 2,040 | B |
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| 315 109th St Ocean | Multi-family - less than 10 units | 1,200 | B |
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| 238 109th St Ocean | Single Family | 1,492 | B |
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| 242 109th St Ocean | Single Family | 1,349 | B |
|
| 357 109th St Ocean | Single Family | 775 | B |
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| 304 109th St Ocean | Single Family | 1,248 | B |
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| 10977 Overseas Hwy | Community Shopping Center | 7,564 | B |
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| 10971 | Vacant Residential | 0 | L | |
| 366 109th St Ocean | Single Family | 1,315 | B |
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| 429 109th St Ocean | Single Family | 1,595 | B |
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| 10875 Overseas Hwy | Mixed use - store and office or store and residential or residential combination | 8,275 | B |
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| 183 110th St Ocean | Single Family | 1,085 | B |
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| 245 110th St Ocean | Single Family | 1,135 | B |
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| 307 110th St Ocean | Single Family | 884 | B |
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| 428 109th St Ocean | Single Family | 800 | B |
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| 481 109th St Ocean | Single Family | 1,641 | B |
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| 369 110th St Ocean | Single Family | 1,083 | B |
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| 480 109th St Ocean | Single Family | 1,824 | B |
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| 421 110th St Ocean | Single Family | 1,152 | B |
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| 543 109th St Ocean | Single Family | 1,230 | B |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 288 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 286 | L |
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| 10877 Overseas Hwy | Condominium | 384 | L |
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| 10877 Overseas Hwy | Condominium | 463 | L |
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| 10877 Overseas | Condominium | 286 | L |
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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 26 of all properties in this area. This suggests it would appeal to someone earning around $32,564 per year who should qualify for a mortgage between $65,128 and $81,410.
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 26 of all properties in this area. This corresponds to a rent of $861 per month and a monthly household income of $2,488 ($29,856 per year)
Nearby Companies
10875 Overseas Hwy
10875 Overseas Hwy
10887 Overseas Hwy Suite 101
10877 Overseas Hwy
10877 Overseas Hwy
10887 Overseas Hwy
10887 Overseas Hwy
10887 Overseas Hwy
10887 Overseas Hwy
10899 Overseas Hwy
238 109th Street Ocean
542 109th St Ocean
10977 Overseas Hwy
10875 - 7th Avenue Ocean
11001 Overseas Hwy
10925 Overseas Hwy
10959 Overseas Hwy
10939 Overseas Hwy
10800 Overseas Hwy
10980 Overseas Hwy
600 107th St Ocean
10875 Overseas Hwy
10875 Overseas Hwy
10875 Overseas Hwy