4562 Landfall Ct, 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%.
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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 | |
---|---|---|---|---|
486 Captains Cir | Single Family | 3,612 | A | |
483 Captains Cir | Single Family | 4,425 | A | |
4566 Landfall Ct | Single Family | 6,930 | A | |
481 Captains Cir | Single Family | 4,348 | A | |
488 Captains Cir | Single Family | 4,322 | A | |
485 Captains Cir | Vacant Residential | 0 | L | |
4561 Landfall Ct | Single Family | 6,033 | A | |
4563 Landfall Ct | Single Family | 4,684 | A | |
4568 Landfall Ct | Vacant Residential | 0 | L | |
4565 Landfall Ct | Vacant Residential | 0 | L | |
480 Captains Cir | Vacant Residential | 0 | L | |
490 Captains Ct | Single Family | 0 | A | |
487 Captains Cir | Single Family | 3,425 | B | |
479 Captains Cir | Single Family | 3,800 | A | |
4567 Landfall Ct | Single Family | 6,917 | A | |
428 Admiral Ct | Single Family | 6,255 | A | |
430 Admiral Ct | Single Family | 3,443 | A | |
478 Captains Cir | Single Family | 7,491 | A | |
489 Captains Cir | Single Family | 3,201 | A | |
426 Admiral Ct | Single Family | 3,438 | A | |
477 Captains Cir | Single Family | 4,323 | A | |
492 Captains Cir | Vacant Residential | 0 | L | |
4569 Landfall Ct | Vacant Residential | 0 | L | |
476 Captains Cir | Vacant Residential | 0 | L | |
434 Admiral Ct | Single Family | 4,255 | B |
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 98 of all properties in this area. This suggests it would appeal to someone earning around $346,493 per year who should qualify for a mortgage between $692,986 and $866,233.
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 98 of all properties in this area. This corresponds to a rent of $2,368 per month and a monthly household income of $8,727 ($104,724 per year)
Nearby Companies
4566 Landfall Ct
4566 Landfall Ct
4566 Landfall Ct