919 Central Ave, 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%.
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| Pop Cole Rd | Vacant Residential | 0 | L | |
| 923 Central Ave | Single Family | 2,330 | C |
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| 920 Weeks Rd | Mobile Home | 1,040 | C |
|
| Mcfarlan Ave | Single Family | 733 | C |
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| 2032 Pop Cole Rd | Mobile Home | 1,456 | C |
|
| 920 Central Ave | Single Family | 6,429 | C |
|
| 922 Mcfarlan Ave | Single Family | 1,877 | C |
|
| 917 Weeks Rd | Single Family | 1,401 | C |
|
| 924a Mcfarlan Ave | Single Family | 1,647 | C |
|
| 918 Weeks Rd | Repair service shop (excluding automotive) | 620 | C |
|
| 925 Central Ave | Single Family | 1,894 | C |
|
| 916 Mcfarlan Ave | Single Family | 1,748 | C |
|
| 924 Mcfarlan Ave | Vacant Residential | 0 | L | |
| 913 Weeks Rd | Mobile Home | 1,248 | C |
|
| 914 Mcfarlan Ave | Single Family | 1,410 | C |
|
| 924 Central Ave | Single Family | 2,383 | C |
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| 912 Mcfarlan Ave | Single Family | 1,132 | C |
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| 929 Central Ave | Single Family | 971 | C |
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| 926 Mcfarlan Ave | Single Family | 1,898 | C |
|
| 901 Holbrook Cir | Single Family | 2,333 | B |
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| 904 Weeks Rd | Auto sales, auto repair and storage or auto service shop | 3,458 | C |
|
| 909 Weeks Rd | Single Family | 1,221 | C |
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| 903 Holbrook Cir | Single Family | 2,312 | B |
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| 910 Mcfarlan Ave | Office building, non-professional service building, one story | 2,474 | 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 53 of all properties in this area. This suggests it would appeal to someone earning around $72,509 per year who should qualify for a mortgage between $145,018 and $181,273.
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 $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 53 of all properties in this area. This corresponds to a rent of $1,044 per month and a monthly household income of $3,826 ($45,912 per year)
Nearby Companies
909 Weeks Rd
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