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This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

316 Maryland Blvd Mexico Beach, FL 32456

3 Beds 2 Baths 1,040 sqft Built 2015
Last updated:  Nov 28, 2019

INVESTimate

$301,538

$287K - $316K

Price Est.

$1,286

$1.1K - $1.5K

Rent Est.

$323,188  ( +7.18%)   1 YR EST. FORECAST

316 Maryland Blvd PROPERTY INFO

FACTS
  • Built In 2015
  • Price/Sqft : $289.94
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,040 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
316 Maryland Blvd, Mexico Beach, FL 32456 is a single family home of 1,040 sqft. HomeUnion estimate for 316 Maryland Blvd includes a Price Estimate of $301,538 and a Rent Estimate of $1,286. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 5.12% and Total Return of 18.66%. The estimated 1 year forecast in home value for 316 Maryland Blvd is 7.18%.
  
  
  

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316 Maryland Blvd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

PORT SAINT JOE

  • 8,720

    POPULATION
  • 3,588

    HOUSEHOLDS
  • 52.1%

    WHITE COLLAR

Neighborhood : PORT SAINT JOE

HOUSEHOLDS
3,588
POPULATION

8,720

29.2%Renters
70.8%Home Owners
LABOR FORCE

 

52.1%White Collar
47.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,286 per month.

MY RENT : $1,286 MEDIAN RENT : $1,602

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.6%
$900-999 5.4%
$1,000-1,499 34.8%
>=$1,500 58.1%
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 $1,286 would therefore be considered affordable for annual household incomes greater than $51,440 (12 months x 3.333 x $1,286).

Rent % Affordability
Above $500 84.5%
Above $700 71.4%
Above $1,100 50.0%
Above $1,500 39.7%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 1,536 of households in this neighborhood have a total annual income of $51,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,286 per month.

MINIMUM INCOME RANGE : $51,440

Income % Distribution
<$20K 15.5%
$20K-$35K 22.6%
$35K-$60K 22.2%
$60K-$100K 24.5%
>=$100K 15.2%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 18.5%
10-14 mins 16.5%
15-19 mins 19.5%
20-29 mins 16.1%
30-44 mins 7.5%
45-59 mins 8.8%
>60 mins 4.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,286 per month.

MY RENT : $1,286 MEDIAN RENT : $1,602

Rent % Distribution
$500-699 0.0%
$700-899 1.6%
$900-999 5.4%
$1,000-1,499 34.8%
>=$1,500 58.1%
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 $1,286 would therefore be considered affordable for annual household incomes greater than $51,440 (12 months x 3.333 x $1,286).

Rent % Affordability
Above $500 84.5%
Above $700 71.4%
Above $1,100 50.0%
Above $1,500 39.7%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 1,536 of households in this neighborhood have a total annual income of $51,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,286 per month.

MINIMUM INCOME RANGE : $51,440

Income % Distribution
<$20K 15.5%
$20K-$35K 22.6%
$35K-$60K 22.2%
$60K-$100K 24.5%
>=$100K 15.2%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 18.5%
10-14 mins 16.5%
15-19 mins 19.5%
20-29 mins 16.1%
30-44 mins 7.5%
45-59 mins 8.8%
>60 mins 4.5%

PORT SAINT JOE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.8%
Construction 9.8%
Health Care & Social Assistance 10.3%
Professional & Scientific Tech Services 6.9%
Public Administration 8.6%
Retail & Wholesale Trader 15.2%
Other 37.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 24% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 12.5%
15-19 6.0%
20-24 5.1%
25-44 22.4%
45-65 30.1%
66+ 23.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.2%
Management, Business, & Financial 11.1%
Natural Resources Maintenance 13.5%
Production & Transportation 9.7%
Protect 8.6%
Sales & Office 27.6%
Other 22.2%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.0%
High School 31.3%
Masters Degree 7.0%
Some College 22.1%
Some High School 10.2%
Other 19.4%

316 Maryland Blvd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAY County , or the 32456 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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