302 Island Ln, 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
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
304 Island Ln | Single Family | 1,999 | C | |
300 Island Ln | Single Family | 1,736 | C | |
405 Crystal Ln | Single Family | 2,749 | C | |
403 Crystal Ln | Single Family | 1,705 | C | |
407 Crystal Ln | Single Family | 1,742 | C | |
609 Bayou Ln | Single Family | 1,630 | C | |
207 Island Ln | Single Family | 2,298 | C | |
203 Island Ln | Single Family | 2,296 | C | |
401 Crystal Ln | Single Family | 2,435 | C | |
611 Bayou Ln | Single Family | 2,174 | C | |
205 Island Ln | Single Family | 1,874 | C | |
201 Island Ln | Single Family | 1,874 | C | |
607 Bayou Ln | Single Family | 1,713 | C | |
408 Crystal Ln | Single Family | 1,937 | C | |
1112 Coral Dr | Single Family | 2,038 | C | |
1102 Coral Dr | Single Family | 1,959 | C | |
1104 Coral Dr | Single Family | 2,015 | C | |
402 Crystal Ln | Single Family | 1,878 | C | |
1100 Coral Dr | Single Family | 1,978 | C | |
1106 Coral Dr | Single Family | 1,901 | C | |
612 Bayou Ln | Single Family | 2,343 | C | |
404 Crystal Ln | Single Family | 1,770 | C | |
400 Crystal Ln | Single Family | 1,426 | C | |
1114 Coral Dr | Single Family | 1,755 | C | |
99 Perdido Cir | Single Family | 2,204 | C | |
406 Crystal Ln | Single Family | 2,006 | C | |
605 Bayou Ln | Single Family | 1,839 | C | |
1108 Coral Dr | Single Family | 2,086 | C | |
1000 Coral Dr | Single Family | 1,541 | C | |
1405 Date Palm Cir | Single Family | 2,495 | C | |
1407 Date Palm Cir | Single Family | 1,755 | C | |
1110 Coral Dr | Single Family | 1,879 | C | |
300 St Andrews Dr | Single Family | 2,145 | C | |
610 Bayou Ln | Single Family | 2,123 | C | |
1116 Coral Dr | Single Family | 1,799 | C | |
603 Bayou Ln | Single Family | 1,838 | C | |
100 Perdido Cir | Single Family | 2,106 | C | |
1002 Coral Dr | Single Family | 2,292 | C | |
101 Perdido Cir | Single Family | 1,855 | C | |
1103 Coral Dr | Single Family | 1,759 | C | |
1105 Coral Dr | Single Family | 2,186 | C | |
302 St Andrews Dr | Single Family | 2,076 | C | |
1403 Date Palm Cir | Single Family | 1,933 | C | |
1101 Coral Dr | Single Family | 1,970 | C | |
1107 Coral Dr | Single Family | 1,673 | C | |
1118 Coral Dr | Single Family | 1,963 | C | |
122 Perdido Cir | Single Family | 1,893 | C | |
304 St Andrews Dr | Single Family | 1,958 | C | |
608 Bayou Ln | Single Family | 1,987 | 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 61 of all properties in this area. This suggests it would appeal to someone earning around $84,130 per year who should qualify for a mortgage between $168,260 and $210,325.
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 61 of all properties in this area. This corresponds to a rent of $1,120 per month and a monthly household income of $4,101 ($49,212 per year)
Nearby Companies
2251 Crystal Cove Ln
407 Crystal Ln
1508 Island Green Ln