216 Government Ave, Valparaiso

Okaloosa County Real Estate - Valparaiso

Valparaiso is in North West Florida. It's population as recorded in the 2010 Census was 5,036. Valparaiso is approximately 43 miles from Pensacola (population 51,923) and around 56 miles from Panama City (population 36,484).

The median age for residents of Valparaiso is 28.2. Around 23.6% of Valparaiso households include school aged children and 29% of households include individuals aged 65 years or over. Census records indicate 84.5% of the Valparaiso population are White, 5.6% are Black or African American, .6% American Indian, 3.6% Asian and 4.5% are Two or more Races.

There are 1,939 housing units in Valparaiso. 227 (11.7%) of these were reported as vacant in the 2010 Census. There are 764 residential rental units in Valparaiso. 641 of them were occupied in 2010 providing a residential rental vacancy rate of 15.3%.

Valparaiso 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 
214 Government Ave Light manufacturing 27,995 C
220 Government Ave 6 Office building, non-professional service building, one story 500 B
220 Government Ave 8 Office building, non-professional service building, one story 500 B
220 Government Ave 3 Office building, non-professional service building, one story 500 B
220 Government Ave 7 Office building, non-professional service building, one story 500 B
220 Government Ave 2 Office building, non-professional service building, one story 500 B
220 Government Ave 5 Office building, non-professional service building, one story 500 B
220 Government Ave 4 Office building, non-professional service building, one story 500 B
110 Buddy Phelps Dr Multi-family - less than 10 units 1,780 C
222 Government Blvd D Office building, non-professional service building, one story 1,072 C
222 Government Blvd C Office building, non-professional service building, one story 812 C
222 Government Blvd E Office building, non-professional service building, one story 976 C
108 Buddy Phelps Dr Single Family 1,855 C
222 Government Blvd B Office building, non-professional service building, one story 1,021 C
1173 Bayshore Dr Outdoor recreational or high-water recharge subject 0 L
222 Government Blvd A Office building, non-professional service building, one story 956 C
210 Government Ave Multi-family - less than 10 units 9,508 C
210 Government Ave Office building, non-professional service building, one story 18,232 C
104 Buddy Phelps Dr Single Family 5,357 C
105 Buddy Phelps Dr Single Family 1,565 C
217 Government Ave Professional service building 2,326 C
219 Hwy 85 N Vacant Commercial 0 L
301 Government Ave Vacant Commercial 0 L
215 Government Ave Vacant Commercial 0 L
306 Government Office building, non-professional service building, one story 6,917 C
1 Jonathan Cir Multi-family - less than 10 units 1,830 C
511 Hill Ln Single Family 1,348 C
303 Government Ave Office building, non-professional service building, one story 1,423 C
107 Cadillac Ave Single Family 1,260 C
209 Government Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,650 C
5 Jonathan Cir Multi-family - less than 10 units 1,943 C
8 Jonathan Cir Multi-family - less than 10 units 4,765 C
109 Cadillac Ave Single Family 1,512 C
305 Government Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,600 C
111 Cadillac Ave A Multi-family - less than 10 units 2,554 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.

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%.

Nearby Companies

Spa La La Investments LLC
306 Government Ave
Spa La La Inc.
306 Government Ave
Williams Insurance Agency, LLC
299 Government Ave
Simpler Carpet And Tile, Inc.
209 Government Ave
Bayou Counseling Services, P.A.
222 Government Ave
Bayou Executive Park Association, Inc.
222 Government St
Bayou Executive Park Condominium Association, Inc.
222 Government St
Emergency Veterinary Clinic-Okaloosa Walton, Inc.
212 Government Ave
After Hours Motorcycle, Marina, And More... LLC
208 Government Ave
Speegle Construction, Inc.
210 Government Ave
Better Built Of N.W. Florida, Inc.
210 Government Ave
Site & Utility Solutions, Inc.
210 Government Ave
Disclaimers and Disclosures

Public Records Data

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