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%.

Wabasso links:

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 
797 Brookedge Ter Single Family 1,691 B
785 Brookedge Ter Vacant Residential 0 L
1480 Laconia St Vacant Residential 0 L
1391 Clearbrook St Vacant Residential 0 L
798 Brookedge Ter Vacant Residential 0 L
786 Brookedge Ter Single Family 2,331 B
780 Brookedge Ter Single Family 1,872 B
1385 Clearbrook St Single Family 2,205 B
1510 Laconia St Single Family 1,126 C
790 Belfast Ter Single Family 2,209 B
779 Brookedge Ter Single Family 2,131 B
810 Kirke Av Single Family 2,487 B
774 Brookedge Ter Vacant Residential 0 L
1464 Laconia St Single Family 1,442 B
1487 Laconia St Single Family 1,244 B
795 Rolling Hill Dr Single Family 1,710 B
1475 Laconia St Single Family 1,311 B
793 Rolling Hill Dr Vacant Residential 0 L
1520 Laconia St Single Family 1,557 B
768 Brookedge Ter Single Family 2,560 B
782 Belfast Ter Vacant Residential 0 L
834 Kirke Av Vacant Residential 0 L
1456 Laconia St Single Family 2,081 B
1373 Clearbrook St Single Family 2,113 B
791 Rolling Hill Dr Vacant Residential 0 L
1463 Laconia St Single Family 1,765 B
775 Brookedge Ter Single Family 2,327 B
791 Belfast Ter Single Family 2,021 B
1488 Whitmore St Vacant Residential 0 L
762 Brookedge Ter Single Family 2,317 B
789 Rolling Hill Dr Vacant Residential 0 L
1476 Whitmore St Single Family 1,966 B
1451 Laconia St Single Family 1,493 B
1448 Laconia St Single Family 1,461 B
1367 Clearbrook St Single Family 2,444 B
858 Kirke Av Single Family 2,077 B
781 Belfast Ter Vacant Residential 0 L
771 Brookedge Ter Single Family 2,493 B
794 Rolling Hill Dr Single Family 1,354 B
1464 Whitmore St Single Family 2,186 B
Rolling Hill Dr Vacant Residential 0 L
756 Brookedge Ter Single Family 2,003 B
790 Rolling Hill Dr Single Family 2,256 B
766 Belfast Ter Single Family 2,501 B

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 65 of all properties in this area. This suggests it would appeal to someone earning around $75,982 per year who should qualify for a mortgage between $151,964 and $189,955.

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 65 of all properties in this area. This corresponds to a rent of $969 per month and a monthly household income of $3,159 ($37,908 per year)

Nearby Companies

Eco Earth Cleaning Services Corp.
774 Rolling Hill Dr
Disclaimers and Disclosures

Public Records Data

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