514 Newcastle Dr, Fort Walton Beach

Okaloosa County Real Estate - Fort Walton Beach

Fort Walton Beach is in North West Florida. It's population as recorded in the 2010 Census was 19,507. Fort Walton Beach is approximately 36 miles from Pensacola (population 51,923) and around 60 miles from Panama City (population 36,484).

The median age for residents of Fort Walton Beach is 42.8. Around 25.3% of Fort Walton Beach households include school aged children and 31.7% of households include individuals aged 65 years or over. Census records indicate 77.7% of the Fort Walton Beach population are White, 12.3% are Black or African American, .6% American Indian, 3.2% Asian and 3.6% are Two or more Races.

There are 9,592 housing units in Fort Walton Beach. 1,191 (12.4%) of these were reported as vacant in the 2010 Census. There are 3,759 residential rental units in Fort Walton Beach. 3,241 of them were occupied in 2010 providing a residential rental vacancy rate of 13.6%.

Fort Walton Beach links:

Links

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 
516 Newcastle Dr Single Family 1,355 C
512 Newcastle Dr Single Family 1,114 C
425 Westminster Rd Single Family 1,185 C
510 Newcastle Dr Single Family 1,405 C
518 Newcastle Dr Single Family 1,578 C
515 Newcastle Dr Single Family 1,214 C
513 Newcastle Dr Single Family 1,181 C
520 Newcastle Dr Single Family 1,158 C
508 Newcastle Dr Single Family 1,317 C
517 Newcastle Dr Single Family 1,617 C
423 Westminster Rd Single Family 1,152 C
511 Newcastle Dr Single Family 1,042 C
519 Newcastle Dr Single Family 1,573 C
509 Newcastle Dr Single Family 1,527 C
522 Newcastle Dr Single Family 1,174 C
506 Newcastle Dr Single Family 1,071 C
421 Westminster Rd Single Family 1,645 C
424 Westminster Rd Single Family 1,433 C
526 Winthrop St Single Family 1,451 C
422 Westminster Rd Single Family 1,477 C
507 Newcastle Dr Single Family 1,273 C
514 Pelham St Single Family 1,437 C
512 Pelham St Single Family 2,256 C
516 Pelham St Single Family 1,114 C
600 Newcastle Dr Single Family 1,791 C
504 Newcastle Dr Single Family 2,366 C
510 Pelham St Single Family 1,780 C
420 Westminster Rd Single Family 1,518 C
522 Winthrop St Single Family 1,657 C
419 Westminster Rd Single Family 1,183 C
505 Newcastle Dr Single Family 1,042 C
518 Pelham St Single Family 1,605 C
508 Pelham St Single Family 1,586 C
418 Westminster Rd Single Family 2,252 B
506 Pelham St Single Family 1,862 C
502 Newcastle Dr Single Family 1,756 C
520 Pelham St Single Family 1,568 C
417 Westminster Rd Single Family 1,164 C
602 Newcastle Dr Vacant Residential 0 L
633 Manchester Rd Single Family 1,910 C
416 Westminster Rd Single Family 966 C
503 Newcastle Dr Single Family 1,522 C
631 Manchester Rd Single Family 3,123 C
504 Pelham St Single Family 1,347 C
525 Winthrop St Single Family 1,890 C
629 Manchester Rd Single Family 996 C
519 Trenton St Single Family 1,784 C
500 Newcastle Dr Single Family 2,704 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.

The tax assessed value of this property places it in percentile 20 of all properties in this area. This suggests it would appeal to someone earning around $34,256 per year who should qualify for a mortgage between $68,512 and $85,640.

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 20 of all properties in this area. This corresponds to a rent of $744 per month and a monthly household income of $2,783 ($33,396 per year)

Nearby Companies

Walker'S Home Inspection LLC
519 Newcastle Dr
Rattlesnake Painting LLC
511 Newcastle Dr
Jds Auburn Property, LLC
631 Manchester Rd
Avigdail Mendez LLC
512 Pelham St
Robert Farr Painting LLC
515 Newcastle Dr
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.