4275 55th St, Vero Beach
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 4285 55th St | Single Family | 3,154 | A |
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| 4265 55th St | Single Family | 2,268 | A |
|
| 4295 55th St | Single Family | 0 | A | |
| 4255 55th St | Single Family | 0 | A | |
| 4315 55th St | Single Family | 0 | A | |
| 4235 55th St | Single Family | 2,880 | A |
|
| 4280 55th St | Single Family | 2,880 | A |
|
| 4270 55th St | Single Family | 3,002 | A |
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| 4250 55th St | Single Family | 2,123 | A |
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| 4335 55th St | Single Family | 0 | A | |
| 4225 55th St | Single Family | 1,473 | A |
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| 5510 43rd Ct | Single Family | 3,154 | A |
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| 4230 55th St | Single Family | 2,340 | A |
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| 4355 55th St | Single Family | 2,141 | A |
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| 4205 55th St | Single Family | 2,880 | A |
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| 5518 43rd Ct | Single Family | 2,268 | A |
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| 4210 55th St | Single Family | 1,912 | A |
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| 5507 43rd Ct | Single Family | 3,154 | A |
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| 4375 55th St | Single Family | 2,103 | A |
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| 5526 43rd Ct | Single Family | 2,176 | A |
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| 5515 43rd Ct | Single Family | 1,798 | A |
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| 4193 55th St | Single Family | 2,556 | A |
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| 5515 42nd Ter | Single Family | 0 | A | |
| 4395 55th St | Single Family | 1,473 | A |
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| 5534 43rd Ct | Single Family | 3,154 | A |
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| 5523 43rd Ct | Single Family | 2,880 | A |
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| 5525 42nd Ter | Single Family | 3,154 | A |
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| 4189 55th St | Single Family | 0 | A | |
| 4415 55th St | Single Family | 2,880 | A |
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| 5542 43rd Ct | Single Family | 2,880 | A |
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| 5531 43rd Ct | Single Family | 3,154 | A |
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| 5535 42nd Ter | Single Family | 2,420 | A |
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| 4410 55th St | Single Family | 3,154 | A |
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| 4185 55th 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 69 of all properties in this area. This suggests it would appeal to someone earning around $81,709 per year who should qualify for a mortgage between $163,418 and $204,273.
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 69 of all properties in this area. This corresponds to a rent of $1,035 per month and a monthly household income of $3,230 ($38,760 per year)
Nearby Companies
4605 55th St
5525 42nd Ter