479 Nellie Dr, Srb
Walton County Real Estate - Santa Rosa Beach
Santa Rosa Beach is in North West Florida. Santa Rosa Beach is approximately 59 miles from Pensacola (population 51,923) and around 38 miles from Panama City (population 36,484).
Santa Rosa 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 | |
|---|---|---|---|---|
| 44 Angel Ln | Multi-family - less than 10 units | 4,854 | 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 57 of all properties in this area. This suggests it would appeal to someone earning around $56,949 per year who should qualify for a mortgage between $113,898 and $142,373.
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 57 of all properties in this area. This corresponds to a rent of $802 per month and a monthly household income of $2,554 ($30,648 per year)