271 Golden Beach Dr PROPERTY INFO
FACTS
- Built In 1993
- Price/Sqft : $519.55
CONSTRUCTION
- Beds : 6
- Floor Size : 5,011 sqft
- Baths : 5 Full
PROPERTY DESCRIPTION
271 Golden Beach Dr, Golden Beach, FL 33160 is a single family home of 5,011 sqft. HomeUnion estimate for 271 Golden Beach Dr includes a Price Estimate of $2,603,451 and a Rent Estimate of $30,351. This single family home has 6 bedrooms, 5 bathrooms, and was built in 1993. This property has an estimated 15 year annualized Yield of 13.99% and Total Return of 66.52%. The estimated 1 year forecast in home value for 271 Golden Beach Dr is 12.72%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
271 Golden Beach Dr SCHOOLS
Financial Details
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Golden Beach
Neighborhood : Golden Beach
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $30,351 per month.
MY RENT : $30,351 MEDIAN RENT : $20,907
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $30,351 would therefore be considered affordable for annual household incomes greater than $1,214,040 (12 months x 3.333 x $30,351).
HOUSEHOLD INCOME RANGE
Approximately -532 of households in this neighborhood have a total annual income of $1,214,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $30,351 per month.
MINIMUM INCOME RANGE : $1,214,040
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
Golden Beach Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Financial Industries | 7.2% |
Health Care & Social Assistance | 13.3% |
Manufacturing | 7.6% |
Professional & Scientific Tech Services | 21.3% |
Real Estate | 8.4% |
Retail & Wholesale Trader | 18.5% |
Other | 23.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 36% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.3% |
15-19 | 14.2% |
20-24 | 3.6% |
25-44 | 12.4% |
45-65 | 37.2% |
66+ | 14.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.8% |
Construction | 7.0% |
Healthcare | 14.4% |
Legal | 9.6% |
Management, Business, & Financial | 35.3% |
Sales & Office | 21.9% |
Other | 7.0% |
HIGHEST EDUCATION LEVEL
41% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
High School | 7.5% |
Masters Degree | 16.3% |
Professional | 17.6% |
Some College | 14.5% |
Some High School | 7.9% |
Other | 36.3% |
271 Golden Beach Dr Comps
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