2945 70th Pl, Vero Beach
Indian River County Real Estate - Winter Beach
Winter Beach is in South East Florida. It's population as recorded in the 2010 Census was 2,067. Winter Beach is approximately 31 miles from Port Saint Lucie (population 164,603) and around 24 miles from Palm Bay (population 103,190).
The median age for residents of Winter Beach is 44.8. Around 32.7% of Winter Beach households include school aged children and 33.5% of households include individuals aged 65 years or over. Census records indicate 88.5% of the Winter Beach population are White, 6.2% are Black or African American, .2% American Indian, 1.9% Asian and 1.6% are Two or more Races.
There are 948 housing units in Winter Beach. 163 (17.1%) of these were reported as vacant in the 2010 Census. Winter Beach is a tourist destination, 25.1% (41) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 153 residential rental units in Winter Beach. 137 of them were occupied in 2010 providing a residential rental vacancy rate of 9.8%.
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Indian River County
Indian River County is part of the southeast region of Florida, along with St. Lucie, Miami-Dade, Palm Beach, Broward, Martin, and Monroe counties. Cities in Indian River County are Vero Beach (county seat), Sebastian, Fellsmere, Indian River Shores, and Orchid. The county?s population is over 135,000 people. Indian River is one of the wealthiest counties in the state and in the nation.
Indian River County has targeted clean energy, information technology, aviation/aerospace, and financial/professional services as its industries for expansion. Major private sector employers are Indian River Medical Center, Publix Supermarkets, Piper Aircraft Inc., Sebastian River Medical Center, and John's Island. Public sector employers are School District of Indian River County, Indian River County, City of Vero Beach, and City of Sebastian.
As with most counties along the treasure coast, tourism is a major industry. Agriculture also plays a large part in Indian River County's economy. Resources produced here include citrus, beef, and honey. Because so much of the economy revolves around agriculture, unemployment is often high in summer months.
The most populous city is Sebastian, home to 22,000. Sebastian Airport is headquarters for Velocity Aircraft. The city is also home to an Indian River State College campus.
Over 15,000 people live in Vero Beach, the seat of Indian River County. One of the largest employers in the county is Piper Aircraft, which maintains their general aviation production facility and headquarters in the city. Vero Beach is a tourist destination, known for golfing, fishing, and surfing. It also hosts a Disney resort.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2925 70th Pl | Single Family | 4,047 | A |
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| 6980 29th Ct | Single Family | 2,690 | A |
|
| 6960 29th Ct | Single Family | 3,969 | A |
|
| 6925 28th Ct | Single Family | 3,405 | A |
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| 2920 70th Pl | Single Family | 3,383 | A |
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| 6915 28th Ct | Single Family | 2,300 | B |
|
| 2940 70th Pl | Single Family | 2,987 | B |
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| 2960 70th Pl | Single Family | 3,068 | A |
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| 6940 29th Ct | Vacant Residential | 0 | L | |
| 6985 29th Ct | Single Family | 2,656 | B |
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| 6965 29th Ct | Single Family | 3,202 | A |
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| 7005 29th Ct | Single Family | 3,060 | B |
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| 7060 29th Ct | Single Family | 3,148 | A |
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| 6945 29th Ct | Single Family | 2,263 | B |
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| 6904 28th Ct | Vacant Residential | 0 | L | |
| 7025 29th Ct | Single Family | 3,126 | B |
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| 7040 29th Ct | Vacant Residential | 0 | L | |
| 6910 29th Ct | Vacant Residential | 0 | L | |
| 7076 29th Ct | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $56,422. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $165,349 per year. The top 1% earn more than $623,975 per year. Most renters earn between $24,468 (20th percentile) and $43,200 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,844 and $141,055.
The tax assessed value of this property places it in percentile 76 of all properties in this area. This suggests it would appeal to someone earning around $98,611 per year who should qualify for a mortgage between $197,222 and $246,528.
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 $848. Most renters earn between $2,039 and $3,600 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $625 (20th percentile) to $1,191 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 76 of all properties in this area. This corresponds to a rent of $1,122 per month and a monthly household income of $3,454 ($41,448 per year)
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