120 Karrigan St, Sebastian

Indian River County Real Estate - Wabasso

Wabasso is in South East Florida. It's population as recorded in the 2010 Census was 609. Wabasso is approximately 33 miles from Port Saint Lucie (population 164,603) and around 22 miles from Palm Bay (population 103,190).

The median age for residents of Wabasso is 52. Around 16.9% of Wabasso households include school aged children and 35.6% of households include individuals aged 65 years or over. Census records indicate 91.1% of the Wabasso population are White, 5.7% are Black or African American, .1% American Indian, .1% Asian and .6% are Two or more Races.

There are 379 housing units in Wabasso. 90 (23.7%) of these were reported as vacant in the 2010 Census. There are 123 residential rental units in Wabasso. 106 of them were occupied in 2010 providing a residential rental vacancy rate of 13.8%.

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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

AddressTypeSq FtClass 
118 Karrigan St Single Family 1,868 B
122 Karrigan St Single Family 1,977 B
129 Friar Ct Single Family 2,246 B
127 Friar Ct Single Family 2,643 B
116 Karrigan St Single Family 1,783 B
121 Karrigan St Single Family 1,610 B
119 Karrigan St Vacant Residential 0 L
125 Friar Ct Single Family 1,988 B
117 Karrigan St Single Family 2,131 B
128 Hinchman Av Single Family 1,507 B
114 Karrigan St Single Family 2,070 B
133 Hinchman Av Vacant Residential 0 L
130 Hinchman Av Single Family 1,702 B
126 Hinchman Av Single Family 2,090 B
123 Friar Ct Single Family 2,253 B
132 Hinchman Av Vacant Residential 0 L
115 Karrigan St Single Family 1,619 B
128 Friar Ct Single Family 2,113 B
120 Lancaster St Single Family 2,226 B
126 Friar Ct Single Family 2,274 B
130 Friar Ct Single Family 2,285 B
112 Karrigan St Single Family 2,280 B
134 Hinchman Av Single Family 1,590 B
135 Hinchman Av Single Family 1,624 B
135 Friar Ct Vacant Residential 0 L
118 Lancaster St Vacant Residential 0 L
124 Friar Ct Single Family 2,084 B
113 Karrigan St Single Family 1,743 B
121 Friar Ct Vacant Residential 0 L
1835 Barber St Single Family 2,121 B
1831 Barber St Single Family 2,216 A
116 Lancaster St Single Family 2,075 B
136 Hinchman Av Vacant Residential 0 L
1827 Barber St Single Family 2,433 B
110 Karrigan St Single Family 1,800 B
137 Friar Ct Single Family 2,068 B
124 Hinchman Av Single Family 2,073 B
121 Hinchman Av Single Family 1,647 B
122 Friar Ct Single Family 2,650 B
111 Karrigan St Single Family 2,075 B
119 Friar Ct Single Family 2,529 B
114 Lancaster St Single Family 2,090 B
1823 Barber St Single Family 2,301 B
114 Bryant Ct Single Family 1,763 B
137 Hinchman Av Single Family 2,789 A
1843 Barber St Vacant Residential 0 L
1819 Barber St Single Family 1,464 B
119 Lancaster St Vacant Residential 0 L
112 Lancaster St 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 55 of all properties in this area. This suggests it would appeal to someone earning around $61,980 per year who should qualify for a mortgage between $123,960 and $154,950.

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 55 of all properties in this area. This corresponds to a rent of $878 per month and a monthly household income of $2,825 ($33,900 per year)

Nearby Companies

Tides Cabana Company, LLC
134 Hinchman Ave
Treasure Coast Beach Concierge Inc
134 Hinchman Ave
Todd N. Smith, Pe, Inc.
121 Hinchman Ave
Music Mountain LLC
121 Hinchman Ave
Disclaimers and Disclosures

Public Records Data

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