908 48th St, 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%.

Niceville links:

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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 
910 48th St Single Family 915 C
906 48th St Single Family 1,330 C
912 48th St Single Family 915 C
904 48th St Single Family 1,330 C
914 48th St Single Family 915 C
902 48th St Single Family 1,352 C
900 48th St Single Family 1,294 C
600 Palm Blvd Single Family 933 C
519/521 Fir Ave Multi-family - less than 10 units 1,568 C
511 Fir Ave Multi-family - less than 10 units 1,786 C
700 Palm Blvd Multi-family - less than 10 units 7,258 C
907 47th St Single Family 0 B
919 47th St Single Family 1,894 C
905 47th St Single Family 1,934 B
522 Fir Ave Single Family 1,912 C
704 Palm Blvd N Professional service building 2,344 C
602 Fir Ave Single Family 1,152 C
101 Dartmouth Way Single Family 2,145 C
1003 47th St Single Family 1,675 C
613 Fir Ave Single Family 3,317 C
100 Dartmouth Way Single Family 1,631 C
1010 48th St Single Family 1,118 C
908 47th St Single Family 1,401 C
1009 48th St Single Family 1,097 C
912 47th St Single Family 1,958 C
608 Fir Ave Single Family 715 C
706 Palm Blvd Multi-family - less than 10 units 1,890 C
131 Dartmouth Way Single Family 2,441 C
904 47th St Single Family 1,451 C
916 47th St Single Family 2,702 C
1011 47th St Single Family 1,475 C
833 Palm Blvd Single Family 1,961 C
103 Dartmouth Way Single Family 1,904 C
610 Fir Ave Single Family 711 C
102 Dartmouth Way Single Family 2,066 C
1020 48th St Single Family 1,330 C
617 Fir Ave Multi-family - less than 10 units 1,287 C
1002 47th St Single Family 2,161 C
628 Fir Ave Single Family 1,487 C
1015 47th St Single Family 1,376 C
129 Dartmouth Way Single Family 2,055 C
506 Palm Blvd N Single Family 1,374 C
409 Fir Ave Single Family 1,343 C
103 Bowdoin Ct Single Family 2,084 C
630 Fir Ave Single Family 1,487 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 8 of all properties in this area. This suggests it would appeal to someone earning around $18,839 per year who should qualify for a mortgage between $37,678 and $47,098.

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 8 of all properties in this area. This corresponds to a rent of $599 per month and a monthly household income of $2,218 ($26,616 per year)

Nearby Companies

Tennessee Boxer, LLC
1011 47th St
Aqueduct Landscape Solutions, LLC.
1009 48th St
K & D Tile Works, Inc.
613 Fir Ave
Jennifer Mihalcik Nohalty, Dmd, Pa
704 North Palm Blvd
Michael J. Mihalcik, D.M.D., P.A.
704 N Palm Blvd
Twin Oaks Professional Center, LLC
704 N Palm Blvd
Plumber Bill'S Home Maintenance Services LLC
700 North Palm Blvd
Disclaimers and Disclosures

Public Records Data

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