618 Gap Creek Dr 32, 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:

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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 
618 Gap Creek Dr 33 Single Family 1,003 C
618 Gap Creek Dr 31 Single Family 1,003 C
618 Gap Creek Dr 34 Single Family 1,003 C
618 Gap Creek Dr 30 Single Family 1,003 C
618 Gap Creek Dr 29 Single Family 1,003 C
618 Gap Creek Dr 35 Single Family 1,025 C
618 Gap Creek Dr 28 Single Family 1,003 C
618 Gap Creek Dr 36 Single Family 1,003 C
618 Gap Creek Dr 37 Single Family 1,003 C
618 Gap Creek Dr 27 Single Family 1,003 C
618 Gap Creek Dr 38 Single Family 1,003 C
618 Gap Creek Dr 26 Single Family 1,003 C
618 Gap Creek Dr 39 Single Family 1,003 C
618 Gap Creek Dr 25 Single Family 1,003 C
622 Gap Creek Dr Single Family 1,290 C
618 Gap Creek Dr 02 Single Family 1,003 C
618 Gap Creek Dr 03 Single Family 1,003 C
618 Gap Creek Dr 04 Single Family 1,003 C
618 Gap Creek Dr 01 Single Family 1,003 C
618 Gap Creek Dr 05 Single Family 1,003 C
618 Gap Creek Dr 24 Single Family 1,003 C
618 Gap Creek Dr 40 Single Family 1,043 C
618 Gap Creek Dr 06 Single Family 1,003 C
618 Gap Creek Dr 07 Single Family 1,253 C
618 Gap Creek Dr 08 Single Family 1,253 C
618 Gap Creek Dr 09 Single Family 1,253 C
618 Gap Creek Dr 23 Single Family 1,003 C
618 Gap Creek Dr 10 Single Family 1,253 C
618 Gap Creek Dr 11 Single Family 1,253 C
618 Gap Creek Dr 22 Single Family 1,003 C
121 Garfield Dr Mobile Home 996 C
618 Gap Creek Dr 21 Single Family 1,003 C
618 Gap Creek Dr 41 Single Family 1,066 C
117 Garfield Dr Mobile Home 787 C
618 Gap Creek Dr 12 Single Family 1,003 C
618 Gap Creek Dr 20 Single Family 1,003 C
616 Gap Creek Dr B Single Family 2,050 C
125 Garfield Dr Single Family 1,401 C
618 Gap Creek Dr 13 Single Family 1,003 C
618 Gap Creek Dr 14 Single Family 1,003 C
618 Gap Creek Dr 15 Single Family 1,003 C
622 Virginia Oak Ct Single Family 1,193 C
620 Virginia Oak Ct Single Family 1,193 C
624 Virginia Oak Ct Single Family 1,193 C
618 Gap Creek Dr 19 Single Family 1,003 C
618 Virginia Oak Ct Single Family 1,233 C
626 Virginia Oak Ct Single Family 1,193 C
115 Garfield Dr Mobile Home 827 C
618 Gap Creek Dr 18 Single Family 1,003 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 5 of all properties in this area. This suggests it would appeal to someone earning around $13,815 per year who should qualify for a mortgage between $27,630 and $34,538.

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 5 of all properties in this area. This corresponds to a rent of $533 per month and a monthly household income of $1,929 ($23,148 per year)

Nearby Companies

Odd Jobs Of Northwest Florida LLC
630 Virginia Oak Ct
E & J Construction Of Nwfl LLC
618 Gap Creek Dr
Able Railing & Welding LLC
170 Park Dr
Disclaimers and Disclosures

Public Records Data

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