208 Cottonwood Ct, Niceville

Okaloosa County Real Estate - Niceville

Niceville is in North West Florida. It's population as recorded in the 2010 Census was 12,749. Niceville is approximately 44 miles from Pensacola (population 51,923) and around 55 miles from Panama City (population 36,484).

The median age for residents of Niceville is 42.2. Around 30.4% of Niceville households include school aged children and 27.1% of households include individuals aged 65 years or over. Census records indicate 87.2% of the Niceville population are White, 4.1% are Black or African American, .6% American Indian, 3.1% Asian and 3.9% are Two or more Races.

There are 5,695 housing units in Niceville. 454 (7.9%) of these were reported as vacant in the 2010 Census. There are 1,788 residential rental units in Niceville. 1,590 of them were occupied in 2010 providing a residential rental vacancy rate of 10.9%.

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Okaloosa County

Okaloosa County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Okaloosa has a population over 180,000. The county is part of one of the fastest growing regions in the nation. The county is located in the panhandle, with the southern portion bordering the Gulf of Mexico and the northern portion on the Georgia border.

Top industries in Okaloosa County are government, professional & business services, trade & transportation, leisure and hospitality, and education & health services. Several air force and army facilities are located in Okaloosa County, including Eglin Air Force Base, Hurlburt Field, and Duke Field. By size, Eglin is the largest Air Force base in the country and is responsible for the development, acquisition, testing, and deployment of all air-delivered weapons. Okaloosa county's white sand beaches also attract many tourists to the area. Top private sector employers are Fort Walton Beach Medical Center, L-3 Communications/Crestview Aerospace, DRS Training & Control Systems, InDyne Inc, and ResortQuest. Major public sector employers are US Department of Defense-Eglin AFB, Okaloosa School District, and County of Okaloosa-Sheriff's Department.

Defense is major business in Okaloosa. Of the ten largest defense contractors in the state, six have a presence in Okaloosa. 350 such companies provide 21,000 jobs and contribute over $6.5 billion to the economy.

Okaloosa is a major transportation hub. Indeed, its county seat, Crestview, is nicknamed the "Hub City". With two rivers, a CSX railroad line, and access to multiple highways including Interstate-10, the city is at the center of the region.

Northwest Florida State College has five campuses throughout the county, with its main campus in Niceville. Troy University also has campuses in the county, including one on Eglin AFB.

Neighboring Properties

AddressTypeSq FtClass 
206 Cottonwood Ct Single Family 995 C
210 Cottonwood Ct Single Family 1,105 C
205 Sweetgum Ct Single Family 1,140 C
204 Cottonwood Ct Single Family 1,175 C
211 Cottonwood Ct Single Family 1,183 C
207 Sweetgum Ct Single Family 1,142 C
203 Sweetgum Ct Single Family 1,145 C
202 Cottonwood Ct Single Family 1,025 C
209 Cottonwood Ct Single Family 1,481 C
207 Cottonwood Ct Single Family 1,048 C
201 Sweetgum Ct Single Family 1,648 C
205 Cottonwood Ct Single Family 1,142 C
200 Cottonwood Ct Single Family 1,254 C
206 Sweetgum Ct Single Family 969 C
203 Cottonwood Ct Single Family 1,436 C
208 Bartonwood Ct Single Family 1,024 C
210 Bartonwood Ct Single Family 1,174 C
204 Sweetgum Ct Single Family 1,214 C
201 Cottonwood Ct Single Family 1,406 C
119 Poplar Pl Single Family 2,084 C
206 Bartonwood Ct Single Family 1,113 C
202 Sweetgum Ct Single Family 1,078 C
200 Sweetgum Ct Single Family 1,501 C
120 Poplar Pl Single Family 1,538 C
College Blvd College 11,926 C
204 Bartonwood Ct Single Family 1,208 C
212 Bartonwood Ct Single Family 1,185 C
3796 Peachtree Way Single Family 1,423 C
202 Bartonwood Ct Single Family 1,284 C
3797 Peachtree Way Single Family 0 C
118 Poplar Pl Single Family 1,844 C
1000 Alderwood Way Single Family 1,304 C
200 Bartonwood Ct Single Family 1,168 C
211 Bartonwood Ct Single Family 1,154 C
203 Longleaf Ct Single Family 1,497 C
205 Longleaf Ct Single Family 1,506 C
3794 Peachtree Way Single Family 1,838 C
201 Longleaf Ct Single Family 1,553 C
3948 Balsam Dr Single Family 1,679 C
3795 Peachtree Way Single Family 1,561 C
1002 Alderwood Way Single Family 1,788 C
121 Poplar Pl Single Family 1,649 C
117 Poplar Pl Single Family 1,728 C
3946 Balsam Dr Single Family 1,442 C
209 Bartonwood Ct Single Family 1,052 C
3792 Peachtree Way Single Family 1,952 C
1004 Alderwood Way Single Family 1,495 C
207 Bartonwood Ct Single Family 1,168 C
3793 Peachtree Way Single Family 1,619 C

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 34 of all properties in this area. This suggests it would appeal to someone earning around $50,597 per year who should qualify for a mortgage between $101,194 and $126,493.

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 $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 34 of all properties in this area. This corresponds to a rent of $877 per month and a monthly household income of $3,228 ($38,736 per year)

Disclaimers and Disclosures

Public Records Data

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