Crystal Cove Ln 501, Miramar Beach
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%.
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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 | |
|---|---|---|---|---|
| Crystal Cove Ln 403 | Condominium | 0 | L | |
| Crystal Cove Ln 505 | Condominium | 0 | L | |
| Crystal Cove Ln 401 | Condominium | 0 | L | |
| Crystal Cove Ln 502 | Condominium | 0 | L | |
| Crystal Cove Ln 406 | Condominium | 0 | L | |
| 2089 Olde Towne Ave | Single Family | 2,814 | B |
 |
| 2090 Olde Towne Ave | Single Family | 3,274 | B |
|
| 2311 Crystal Cove Pl 601 | Condominium | 0 | L | |
| 2091 Tradewinds Cove | Single Family | 3,312 | B |
|
| 2321 Crystal Cove Pl 701 | Condominium | 0 | L | |
| 2322 Crystal Cove Pl 702 | Condominium | 0 | L | |
| 2324 Crystal Cove Pl 704 | Condominium | 0 | L | |
| 2315 Crystal Cove Pl 605 | Condominium | 0 | L | |
| 2332 Crystal Cove 802 | Condominium | 0 | L | |
| 2326 Crystal Cove Pl 706 | Condominium | 0 | L | |
| 2095 Olde Towne Ave | Vacant Residential | 0 | L | |
| 2092 Tradewinds Cove | Single Family | 3,413 | B |
|
| 2096 Olde Towne Ave | Single Family | 1,982 | B |
|
| 2094 Tradewinds Cove | Single Family | 2,959 | B |
|
| 2093 Tradewinds Cove | Single Family | 3,006 | A |
|
| 2097 Olde Towne Ave | Single Family | 5,539 | B |
|
| Trust Company As Trustee | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 2088 Olde Towne Ave | Single Family | 3,170 | B |
|
| Crystal Cove Ln 301 | Condominium | 0 | L | |
| 2087 Olde Towne Ave | Vacant Residential | 0 | L | |
| 2100 Hideaway Cove | Single Family | 2,899 | B |
|
| Crystal Cove Ln 302 | Condominium | 0 | L | |
| 2233 Crystal Cove Ln 303 | Condominium | 0 | L | |
| 2234 Crystal Cove Ln 304 | Condominium | 0 | L | |
| 2086 Olde Towne Ave | Single Family | 2,457 | B |
|
| Crystal Cove Ln 201 | Condominium | 0 | L | |
| 2106 Olde Towne Ave | Single Family | 1,777 | B |
|
| 2105 Hideaway Cove | Single Family | 3,022 | B |
|
| Crystal Cove Ln 202 | Condominium | 0 | L | |
| 2104 Hideway Cove | Single Family | 2,422 | B |
|
| 2107 Olde Towne Ave | Single Family | 4,896 | B |
|
| Crystal Cove Ln 203 | Condominium | 0 | L | |
| 2103 Hideway Cove | Single Family | 3,344 | B |
|
| Crystal Cove Ln 204 | Condominium | 0 | L |
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 60 of all properties in this area. This suggests it would appeal to someone earning around $59,701 per year who should qualify for a mortgage between $119,402 and $149,253.
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 60 of all properties in this area. This corresponds to a rent of $826 per month and a monthly household income of $2,597 ($31,164 per year)
Nearby Companies
2097 Olde Towne Ave
2092 Tradewinds Cv