229 Grand Key Loop E, 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 | |
|---|---|---|---|---|
| 227 Grand Key Loop E | Single Family | 2,735 | B |
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| 231 Grand Key Loop E | Single Family | 2,735 | B |
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| 228 Kono Way | Single Family | 2,730 | B |
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| 225 Grand Key Loop E | Single Family | 3,026 | B |
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| 233 Grand Key Loop E | Single Family | 2,040 | B |
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| 226 Kono Way | Single Family | 2,730 | B |
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| 230 Kono Way | Single Family | 2,735 | B |
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| 224 Kono Way | Single Family | 2,735 | B |
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| 232 Kono Way | Single Family | 2,735 | B |
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| 223 Grand Key Loop E | Single Family | 2,735 | B |
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| 235 Grand Key Loop E | Single Family | 1,994 | B |
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| 222 Kono Way | Single Family | 2,735 | B |
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| 234 Kono Way | Single Family | 2,735 | B |
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| 4551 Village Way | Single Family | 2,730 | B |
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| 221 Grand Key Loop E | Single Family | 2,735 | B |
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| 237 Grand Key Loop E | Single Family | 2,735 | B |
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| 220 Kono Way | Single Family | 2,730 | B |
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| 236 Kono Way | Single Family | 2,735 | B |
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| 4553 Village Way | Single Family | 2,735 | B |
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| 219 Grand Key Loop E | Single Family | 2,735 | B |
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| 239 Grand Key Loop E | Single Family | 2,735 | B |
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| 256 Kono Way | Single Family | 2,735 | B |
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| 218 Kono Way | Single Family | 2,735 | B |
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| 238 Kono Way | Single Family | 2,735 | B |
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| 229 Kono Way | Single Family | 2,077 | B |
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| 4555 Village Way | Single Family | 2,735 | B |
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| 231 Kono Way | Single Family | 2,040 | B |
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| 227 Kono Way | Single Family | 2,040 | B |
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| 258 Kono Way | Single Family | 2,735 | B |
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| 233 Kono Way | Single Family | 2,040 | B |
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| 225 Kono Way | Vacant Residential | 0 | L | |
| 217 Grand Key Loop E | Single Family | 2,735 | B |
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| 235 Kono Way | Single Family | 2,040 | B |
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| 223 Kono Way | Single Family | 2,040 | B |
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| 216 Kono Way | Single Family | 2,730 | B |
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| 237 Kono Way | Single Family | 2,040 | B |
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| 221 Kono Way | Single Family | 2,077 | B |
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| 239 Kono Way | Single Family | 2,077 | B |
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| 219 Kono Way | Single Family | 2,040 | B |
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| 251 Kono Way | Single Family | 2,040 | B |
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| 249 Kono Way | Single Family | 1,969 | B |
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| 228 Grand Key Loop W | Single Family | 2,730 | B |
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| 253 Kono Way | Single Family | 2,040 | B |
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| 153 Kel-Wen Cir | Single Family | 1,912 | B |
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| 226 Grand Key Loop W | Single Family | 2,735 | B |
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| 247 Kono Way | Single Family | 2,077 | B |
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| 241 Kono Way | Single Family | 2,040 | B |
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| 151 Kel-Wen Cir | Single Family | 2,059 | B |
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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 92 of all properties in this area. This suggests it would appeal to someone earning around $180,317 per year who should qualify for a mortgage between $360,634 and $450,793.
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 92 of all properties in this area. This corresponds to a rent of $1,622 per month and a monthly household income of $6,051 ($72,612 per year)
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