5057 Sunset Village Dr, Duck Key

Monroe County Real Estate - Marathon

Marathon is in South East Florida. It's population as recorded in the 2010 Census was 8,297. Marathon is approximately 86 miles from Miami (population 399,457) and around 88 miles from Hialeah (population 224,669).

The median age for residents of Marathon is 47.9. Around 22.2% of Marathon households include school aged children and 29.6% of households include individuals aged 65 years or over. Census records indicate 90.4% of the Marathon population are White, 4.7% are Black or African American, .3% American Indian, 1% Asian and 1.8% are Two or more Races. Marathon has a significant Hispanic population. 26.8% (2,224) of Marathon residents are of Hispanic or Latino origin. Of these 13.44% are of Mexican origin, 3.95% Puerto Rican, 56.47% Cuban and 26.12% are of other Hispanic or Latino origin.

There are 6,187 housing units in Marathon. 2,469 (39.9%) of these were reported as vacant in the 2010 Census. Marathon is a tourist destination, 67.7% (1,673) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,126 residential rental units in Marathon. 1,677 of them were occupied in 2010 providing a residential rental vacancy rate of 20.2%.

Marathon 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

AddressTypeSq FtClass 
5056 Sunset Village Dr Single Family 780 B
5058 Sunset Village Dr Single Family 900 B
5059 Sunset Village Dr Single Family 900 B
5060 Sunset Village Dr Single Family 780 B
5055 Sunset Village Dr Single Family 780 B
5061 Sunset Village Dr Single Family 780 B
5054 Sunset Village Dr Single Family 900 B
5062 Sunset Village Dr Single Family 900 B
5053 Sunset Village Dr Single Family 900 B
5063 Sunset Village Dr Single Family 900 B
5052 Sunset Village Dr Single Family 900 B
5064 Sunset Village Dr Single Family 900 B
5051 Sunset Village Dr Single Family 900 B
5065 Sunset Village Dr Single Family 900 B
5050 Sunset Village Dr Single Family 900 B
5066 Sunset Village Dr Single Family 900 B
5049 Sunset Village Dr Single Family 780 B
5067 Sunset Village Dr Single Family 780 B
5048 Sunset Village Dr Single Family 900 B
5047 Sunset Village Dr Single Family 900 B
5068 Sunset Village Dr Single Family 780 B
5069 Sunset Village Dr Single Family 900 B
5046 Sunset Village Dr Single Family 900 B
5045 Sunset Village Dr Single Family 900 B
5070 Sunset Village Dr Single Family 900 B
5071 Sunset Village Dr Single Family 900 B
5044 Sunset Village Dr Single Family 900 B
5043 Sunset Village Dr Single Family 780 B
5072 Sunset Village Dr Single Family 900 B
5073 Sunset Village Dr Single Family 780 B
5042 Sunset Village Dr Single Family 780 B
5041 Sunset Village Dr Single Family 900 B
5074 Sunset Village Dr Single Family 780 B
5040 Sunset Village Dr Single Family 900 B
5075 Sunset Village Dr Single Family 900 B
5039 Sunset Village Dr Single Family 900 B
5076 Sunset Village Dr Single Family 900 B
5038 Sunset Village Dr Single Family 900 B
5077 Sunset Village Dr Single Family 900 B
5037 Sunset Village Dr Single Family 780 B
5078 Sunset Village Dr Single Family 900 B
5079 Sunset Village Dr Single Family 780 B
5036 Sunset Village Dr Single Family 780 B
5035 Sunset Village Dr Single Family 900 B
8201 Marina Villa Dr Condominium 1,427 L
8202 Marina Villa Dr Condominium 1,364 L
8302 Marina Villa Dr Condominium 1,364 L
8402 Marina Villa Dr Condominium 1,364 L
8203 Marina Villa Dr Condominium 1,388 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 57 of all properties in this area. This suggests it would appeal to someone earning around $69,883 per year who should qualify for a mortgage between $139,766 and $174,708.

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 57 of all properties in this area. This corresponds to a rent of $1,303 per month and a monthly household income of $3,584 ($43,008 per year)

Nearby Companies

Sanctuary At Hawk'S Cay Property Owners' Association, Inc.
800 Duck Key Dr
The Shores At Coco Plum Condominium Association, Inc.
800 Duck Key Dr
Village At Hawk'S Cay Property Owners' Association, Inc.
800 Duck Key Dr
Koby Associates, Inc.
800 Duck Key Dr
Enviromental Directions Of The Keys Inc
800 Duck Key Dr
Disclaimers and Disclosures

Public Records Data

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