1069 Sw Rio Vista Way, Palm City
Martin County Real Estate - Palm City
Palm City is in South East Florida. It's population as recorded in the 2010 Census was 23,120. Palm City is approximately 9 miles from Port Saint Lucie (population 164,603) and around 63 miles from Palm Bay (population 103,190).
The median age for residents of Palm City is 49.7. Around 27.9% of Palm City households include school aged children and 42.3% of households include individuals aged 65 years or over. Census records indicate 95.3% of the Palm City population are White, 1% are Black or African American, .1% American Indian, 1.5% Asian and 1.2% are Two or more Races.
There are 10,939 housing units in Palm City. 1,174 (10.7%) of these were reported as vacant in the 2010 Census. Palm City is a tourist destination, 39.6% (465) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,636 residential rental units in Palm City. 1,415 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.
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Martin County
Martin County is part of the southeast region of Florida, along with Indian River, St. Lucie, Miami-Dade, Palm Beach, Broward, and Monroe counties. Martin cities and towns are Stuart, Jupiter Island, Ocean Breeze, and Sewall's Point. Other communities of note include Hobe Sound, Indiantown, Jensen Beach, and Palm City. More than 140,000 people live in Martin County.
County targeted industries include aviation and aerospace, environmental/green technologies, marine industries, and headquarters. Top public sector employers are Martin County School District, Martin County, Florida State Government, City of Stuart, and Indian River State College. Private employers are Martin Memorial Healthcare Systems, Publix Supermarkets, Old Cell Phone, TurboCombustor Technologies Inc, and Florida Power and Light.
The county seat of Stuart is home to over 15,000. Known as the Sailfish Capital of the World, Stuart is a popular boating and fishing destination. Indeed, Ralph Evinrude, owner of Evinrude Outboard Motors, retired to nearby Jensen Beach.
Jupiter Island is a town located in the southeastern section of the county on the barrier island of the same name. Located off the coast of Hobe Sound, Jupiter Island is amongst the five wealthiest places per capita in the country. The town has been home to celebrities such as Tiger Woods, Celine Dion, and Alan Jackson.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1119 Sw Rio Vista Way | Single Family | 1,724 | C |
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| 1049 Sw Rio Vista Way | Single Family | 2,097 | C |
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| 2205 Sw Gull Harbor Ln | Single Family | 2,248 | B |
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| 1100 Sw Rio Vista Wy | Single Family | 1,616 | C |
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| 1070 Sw Rio Vista Wy | Single Family | 1,861 | C |
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| 2262 Sw Riverside Dr | Single Family | 2,160 | C |
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| 1149 Sw Rio Vista Way | Single Family | 1,884 | C |
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| 1120 Rio Vista Wy | Single Family | 1,568 | C |
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| 1050 Sw Rio Vista Wy | Single Family | 1,377 | C |
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| 2195 Sw Gull Harbor Ln | Single Family | 1,884 | C |
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| 2225 Gull Harbor Ln | Single Family | 2,761 | B |
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| 2222 Sw Riverside Dr | Single Family | 1,836 | C |
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| 1100 Sw 24th St | Single Family | 1,355 | C |
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| 1073 Sw 24th St | Single Family | 1,355 | C |
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| 1150 Sw Rio Vista Wy | Single Family | 1,740 | C |
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| 1179 Sw Rio Vista Way | Single Family | 2,878 | C |
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| 2351 Sw Riverside Dr | Single Family | 0 | C | |
| 1133 Sw 24th St | Single Family | 1,341 | C |
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| 2331 Sw Riverside Dr | Vacant Residential | 0 | L | |
| 1053 Sw 24th St | Single Family | 2,204 | C |
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| 2185 Sw Gull Harbor Ln | Single Family | 1,813 | C |
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| 2206 Sw Gull Harbor Ln | Single Family | 1,846 | C |
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| 2265 Sw Mapp Rd | Single Family | 1,473 | C |
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| 2186 Sw Gull Harbor Ln | Single Family | 1,580 | C |
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| 2261 Sw Riverside Dr | Single Family | 2,409 | C |
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| 2361 Riverside Dr | Single Family | 4,476 | B |
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| 1153 Sw 24th St | Single Family | 2,220 | C |
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| 1180 Rio Vista Wy | Single Family | 2,220 | C |
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| 2226 Sw Gull Harbor Ln | Miscellaneous Residential (migrant camp or boarding home.) | 1,713 | C |
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| 2241 Sw Riverside Dr | Single Family | 2,612 | C |
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| 1102 Sw 24th St | Single Family | 1,360 | C |
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Local Household Income
The median household income in this part of Florida is $73,204. The bottom 10% of the population earn less than $25,099 per year. The top 10% earn more than $265,762 per year. The top 1% earn more than $672,729 per year. Most renters earn between $28,200 (20th percentile) and $55,116 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $146,408 and $183,010.
The tax assessed value of this property places it in percentile 82 of all properties in this area. This suggests it would appeal to someone earning around $158,251 per year who should qualify for a mortgage between $316,502 and $395,628.
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 $955. Most renters earn between $2,350 and $4,593 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $706 (20th percentile) to $1,306 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 82 of all properties in this area. This corresponds to a rent of $1,350 per month and a monthly household income of $4,749 ($56,988 per year)
Nearby Companies
2391 Sw Riverside Dr
2391 Sw Riverside Dr
1069 Sw Rio Vista Way
1179 Sw Rio Vista Way
1179 Sw Rio Vista Way
2261 Sw Riverside Dr
2261 Sw Riverside Dr
2241 Sw Riverside Dr
2155 Sw Gull Harbor Ln