555 97th St Ocean, 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:

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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 
655 97th St Ocean Single Family 1,426 B
445 97th St Ocean Single Family 1,288 B
540 96th St Ocean Single Family 956 B
612 96th St Ocean Single Family 1,459 B
478 96th St Ocean Single Family 1,146 B
443 97th St Ocean Single Family 1,204 B
662 97th St Ocean Single Family 1,420 B
740 97th St Ocean Single Family 1,540 B
831 97th St Ocean Single Family 1,828 B
676 96th St Ocean Single Family 837 B
584 97th St Ocean Single Family 1,784 B
416 96th St Ocean Single Family 842 B
822 97th St Ocean Single Family 1,300 B
421 97th St Ocean Single Family 1,653 B
736 96th St Ocean Single Family 1,404 B
570 97th St Single Family 2,210 B
354 96th St Ocean Single Family 1,018 B
835 97th St Ocean Single Family 1,976 B
850 97th St Ocean Single Family 1,614 B
798 96th St Ocean Single Family 1,056 B
379 97th St Ocean Single Family 1,683 B
595 96th St Ocean Single Family 980 B
535 96th St Ocean Single Family 625 B
761 98th St Ocean Single Family 1,210 B
765 98th St Ocean Single Family 1,456 B
420 97th St Ocean Single Family 1,317 B
655 96th St Ocean Single Family 1,063 B
479 96th St Ocean Single Family 1,122 B
757 98th St Ocean Single Family 960 B
292 96th St Ocean Single Family 615 B
767 98th St Ocean Single Family 1,014 B
717 96th St Ocean Single Family 1,422 B
417 96th St Ocean Single Family 1,224 B
753 98th St Ocean Single Family 1,080 B
970 97th St Ocean Single Family 1,582 B
817 98th St Ocean Single Family 738 B
860 96th St Ocean Single Family 1,305 B
819 98th St Ocean Single Family 738 B
355 97th St Ocean Single Family 1,467 B
779 96th St Ocean Single Family 857 B
837 97th St Ocean Single Family 1,326 B
355 96th St Ocean Single Family 786 B
378 97th St Ocean Single Family 1,280 B
240 96th St Ocean Single Family 2,257 B
751 98th St Ocean Single Family 1,008 B
895 98th St Ocean Multi-family - less than 10 units 3,034 B
780 95th St Ocean Single Family 1,448 B
800 95th St Ocean Single Family 1,516 B
288 95th St Ocean Single Family 1,780 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 67 of all properties in this area. This suggests it would appeal to someone earning around $84,369 per year who should qualify for a mortgage between $168,738 and $210,923.

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 67 of all properties in this area. This corresponds to a rent of $1,476 per month and a monthly household income of $4,034 ($48,408 per year)

Nearby Companies

Hyder Family, L.L.C.
1215 97th St
Seaview Condominium Apts. Inc.
1197 97th St
Fair Acres LLC
379 97th St Ocean
J.B. Sportfishing, Inc.
932 96th St Ocean
Bob Sansweet, Inc.
800 95th Street Ocean
Jrm Inspections LLC
780 95th St
Seafarer Realty, LLC
780 95th St
Artic-Temp, Inc.
9699 Overseas Hwy
Disclaimers and Disclosures

Public Records Data

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