221 Tahitian Way, Destin
Walton County Real Estate - Miramar Beach
Miramar Beach is in North West Florida. It's population as recorded in the 2010 Census was 6,146. Miramar Beach is approximately 51 miles from Pensacola (population 51,923) and around 44 miles from Panama City (population 36,484).
The median age for residents of Miramar Beach is 52.1. Around 16.1% of Miramar Beach households include school aged children and 37.4% of households include individuals aged 65 years or over. Census records indicate 93.8% of the Miramar Beach population are White, 1.1% are Black or African American, .3% American Indian, 1.7% Asian and 1.5% are Two or more Races.
There are 12,385 housing units in Miramar Beach. 9,383 (75.7%) of these were reported as vacant in the 2010 Census. Miramar Beach is a tourist destination, 75.4% (7,079) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,763 residential rental units in Miramar Beach. 929 of them were occupied in 2010 providing a residential rental vacancy rate of 64.2%.
Miramar Beach links:
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Walton County
Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 219 Tahitian Way | Single Family | 3,057 | B |
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| 223 Tahitian Way | Single Family | 3,057 | B |
|
| 220 Grand Key Loop W | Single Family | 2,735 | B |
|
| 217 Tahitian Way | Single Family | 2,040 | B |
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| 225 Tahitian Way | Single Family | 0 | B | |
| 222 Grand Key Loop W | Single Family | 2,735 | B |
|
| 218 Grand Key Loop W | Single Family | 3,026 | B |
|
| 216 Grand Key Loop W | Single Family | 3,026 | B |
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| 224 Grand Key Loop W | Single Family | 2,735 | B |
|
| 227 Tahitian Way | Single Family | 3,057 | B |
|
| 226 Grand Key Loop W | Single Family | 2,735 | B |
|
| 220 Tahitian Way | Single Family | 1,790 | B |
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| 222 Tahitian Way | Single Family | 1,790 | B |
|
| 218 Tahitian Way | Single Family | 0 | B | |
| 224 Tahitian Way | Single Family | 2,002 | B |
|
| 213 Tahitian Way | Single Family | 2,103 | B |
|
| 216 Tahitian Way | Single Family | 2,053 | B |
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| 228 Grand Key Loop W | Single Family | 2,730 | B |
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| 226 Tahitian Way | Single Family | 1,790 | B |
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| 212 Grand Key Loop W | Single Family | 3,060 | B |
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| 214 Tahitian Way | Single Family | 2,103 | B |
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| 211 Tahitian Way | Single Family | 3,041 | B |
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| 210 Grand Key Loop W | Single Family | 3,026 | B |
|
| 212 Tahitian Way | Single Family | 2,082 | B |
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| 209 Tahitian Way | Single Family | 2,103 | B |
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| 210 Tahitian Way | Single Family | 2,040 | B |
|
| 208 Grand Key Loop W | Single Family | 2,040 | B |
|
| 4550 Biscayne Bay | Single Family | 3,026 | B |
|
| 207 Tahitian Way | Single Family | 0 | B | |
| 208 Tahitian Way | Single Family | 2,103 | B |
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| 4552 Biscayne Bay | Single Family | 3,026 | B |
|
| 206 Grand Key Loop W | Single Family | 0 | B | |
| 4555 Village Way | Single Family | 2,735 | B |
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| 4551 Grand Key Loop W | Single Family | 3,851 | B |
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| 206 Tahitian Way | Single Family | 2,103 | B |
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| 205 Tahitian Way | Vacant Residential | 0 | L | |
| 4554 Biscayne Bay | Single Family | 2,928 | B |
|
| 4553 Village Way | Single Family | 2,735 | B |
|
| 204 Grand Key Loop W | Single Family | 0 | B | |
| 4553 Grand Key Loop E | Single Family | 3,872 | B |
|
| 204 Tahitian Way | Single Family | 0 | B | |
| 203 Tahitian Way | Single Family | 0 | B | |
| 4551 Village Way | Single Family | 2,730 | B |
|
| 4555 Grand Key Loop E | Single Family | 3,872 | B |
|
| 221 Grand Key Loop E | Single Family | 2,735 | B |
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| 223 Grand Key Loop E | Single Family | 2,735 | B |
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| 219 Grand Key Loop E | Single Family | 2,735 | B |
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| 4477 Legendary Dr Ste 202 | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L |
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 93 of all properties in this area. This suggests it would appeal to someone earning around $186,877 per year who should qualify for a mortgage between $373,754 and $467,193.
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 93 of all properties in this area. This corresponds to a rent of $1,669 per month and a monthly household income of $6,333 ($75,996 per year)
Nearby Companies
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