87 Red Bay Ct, Srb
Walton County Real Estate - Miramar Beach
Miramar Beach is in North West Florida. It's population as recorded in the 2010 Census was 6,146. Miramar Beach is approximately 51 miles from Pensacola (population 51,923) and around 44 miles from Panama City (population 36,484).
The median age for residents of Miramar Beach is 52.1. Around 16.1% of Miramar Beach households include school aged children and 37.4% of households include individuals aged 65 years or over. Census records indicate 93.8% of the Miramar Beach population are White, 1.1% are Black or African American, .3% American Indian, 1.7% Asian and 1.5% are Two or more Races.
There are 12,385 housing units in Miramar Beach. 9,383 (75.7%) of these were reported as vacant in the 2010 Census. Miramar Beach is a tourist destination, 75.4% (7,079) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,763 residential rental units in Miramar Beach. 929 of them were occupied in 2010 providing a residential rental vacancy rate of 64.2%.
Miramar Beach links:
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Walton County
Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 97 Red Bay Ct | Single Family | 1,818 | B |
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| 77 Red Bay Ct | Single Family | 2,360 | B |
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| 107 Red Bay Ct | Single Family | 2,100 | B |
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| 67 Red Bay Ct | Single Family | 2,145 | B |
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| 60 Harborview Rd S | Single Family | 1,812 | B |
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| 68 Harborview Rd S | Single Family | 1,743 | B |
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| 48 Harborview Rd | Single Family | 2,100 | B |
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| 38 Harborview Rd | Single Family | 1,831 | B |
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| 57 Red Bay Ct | Single Family | 2,246 | B |
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| 119 Red Bay Ct | Single Family | 2,145 | B |
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| 78 Harborview Rd S | Single Family | 2,109 | B |
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| 149 Red Bay Ct | Single Family | 2,241 | B |
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| 92 Red Bay Ct | Single Family | 2,764 | B |
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| 82 Red Bay Ct | Single Family | 2,409 | B |
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| 102 Red Bay Ct | Single Family | 2,647 | B |
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| 26 Harborview Rd | Single Family | 1,718 | B |
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| 72 Red Bay Ct | Single Family | 2,751 | B |
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| 90 Harborview Rd | Single Family | 2,253 | B |
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| 45 Red Bay Ct | Single Family | 2,105 | B |
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| 129 Red Bay Ct | Single Family | 2,100 | B |
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| 112 Red Bay Ct | Single Family | 2,646 | B |
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| 60 Red Bay Ct | Single Family | 2,764 | B |
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| 16 Harborview Rd | Single Family | 2,098 | B |
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| 124 Red Bay Ct | Single Family | 2,648 | B |
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| 98 Harborview Rd S | Single Family | 1,718 | B |
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| 35 Red Bay Ct | Single Family | 2,145 | B |
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| 139 Red Bay Ct | Single Family | 2,145 | B |
|
| 50 Red Bay Ct | Single Family | 2,490 | B |
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| 6 Harborview Rd | Single Family | 2,206 | B |
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| 59 Harborview Rd S | Single Family | 1,718 | B |
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| 71 Harborview Rd | Single Family | 2,261 | B |
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| 108 Harborview Rd | Single Family | 2,100 | B |
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| 40 Red Bay Ct | Single Family | 2,409 | B |
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| 663 Shipwreck Rd E | Single Family | 2,395 | B |
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| 25 Red Bay Ct | Single Family | 2,124 | B |
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| 85 Harborview Rd | Single Family | 1,718 | B |
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| 114 Red Maple Ct | Single Family | 2,490 | B |
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| 113 Red Maple Ct | Single Family | 2,646 | B |
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| 112 Red Maple Ct | Single Family | 2,762 | B |
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| 669 Shipwreck Rd E | Single Family | 1,812 | B |
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| 97 Harborview Rd | Single Family | 2,098 | B |
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| 109 Red Maple Ct | Single Family | 2,302 | B |
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| 118 Harborview Rd | Single Family | 1,718 | B |
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| 13 Red Bay Ct | Single Family | 2,227 | B |
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| 71 Loblolly Bay Dr | Single Family | 2,762 | B |
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| 109 Harborview Rd | Single Family | 1,817 | B |
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| 689 Harborview Rd | Single Family | 2,229 | B |
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| 641 Shipwreck Rd E | Single Family | 3,039 | B |
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| 81 Loblolly Bay Dr | Single Family | 2,651 | B |
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Local Household Income
The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.
The tax assessed value of this property places it in percentile 58 of all properties in this area. This suggests it would appeal to someone earning around $57,594 per year who should qualify for a mortgage between $115,188 and $143,985.
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 $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 58 of all properties in this area. This corresponds to a rent of $804 per month and a monthly household income of $2,577 ($30,924 per year)
Nearby Companies
108 S Harborview Rd
77 Red Bay Ct
67 Red Bay Ct
40 Red Bay Ct
35 Red Bay Ct
25 Red Bay Ct
34 Loblolly Bay Dr
664 E Shipwreck Rd
663 E Shipwreck Rd
663 E Shipwreck Rd
12 Loblolly Bay Dr
149 Red Bay Ct
129 Red Bay Ct
129 Red Bay Ct
129 Red Bay Ct
109 Red Maple Ct
109 Red Maple Ct