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

AddressTypeSq FtClass 
4660 57th Av Vacant Residential 0 L
4630 57th Av Single Family 3,043 B
4645 56th Av Vacant Residential 0 L
4670 57th Av Single Family 1,149 B
4635 56th Av Single Family 1,079 B
4655 56th Av Single Family 1,476 B
4665 56th Av Single Family 1,079 B
4625 56th Av Single Family 1,079 C
4655 57th Av Single Family 2,197 B
4680 57th Av Single Family 2,079 B
4635 57th Av Single Family 1,751 B
4665 57th Av Single Family 1,637 B
5730 46th St Single Family 1,823 B
4685 56th Av Single Family 2,396 B
4675 57th Av Vacant Residential 0 L
4696 57th Av Single Family 2,721 B
4650 58th Av Single Family 1,731 B
5625 46th St Single Family 1,921 B
4590 57th Av Single Family 2,805 A
4640 58th Av Single Family 2,540 B
4660 56th Av Mobile Home 720 C
4670 58th Av Single Family 2,118 B
4630 56th Av Mobile Home 728 C
4695 57th Av Single Family 2,263 B
4695 56th Av Single Family 1,137 B
4680 58th Av Vacant Residential 0 L
4595 57th Av Vacant Residential 0 L
4585 56th Av Single Family 1,389 B
56th Av Vacant Residential 0 L
4600 56th Av Mobile Home 728 C
4596 58th Av Vacant Residential 0 L
4696 58th Av Single Family 1,981 B
4575 56th Av Single Family 1,548 B
4570 57th Av Single Family 1,582 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 21 of all properties in this area. This suggests it would appeal to someone earning around $27,990 per year who should qualify for a mortgage between $55,980 and $69,975.

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 21 of all properties in this area. This corresponds to a rent of $641 per month and a monthly household income of $2,068 ($24,816 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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