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369 W Shore Dr PROPERTY INFO
FACTS
- Built In 1958
- Price/Sqft : $285.96
CONSTRUCTION
- Beds : 1
- Floor Size : 960 sqft
- Baths : 1 Full
369 W Shore Dr SCHOOLS
Financial Details
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SUMMERLAND KEY
Neighborhood : SUMMERLAND KEY
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 $2,998 per month.
MY RENT : $2,998 MEDIAN RENT : $3,800
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 $2,998 would therefore be considered affordable for annual household incomes greater than $119,920 (12 months x 3.333 x $2,998).
HOUSEHOLD INCOME RANGE
Approximately 580 of households in this neighborhood have a total annual income of $119,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,998 per month.
MINIMUM INCOME RANGE : $119,920
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
SUMMERLAND KEY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 16.5% |
| Construction | 9.8% |
| Health Care & Social Assistance | 9.1% |
| Public Administration | 10.9% |
| Retail & Wholesale Trader | 12.7% |
| Transportation | 7.6% |
| Other | 33.4% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 16% is 24 or younger and 26% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 10.0% |
| 15-19 | 2.4% |
| 20-24 | 3.9% |
| 25-44 | 23.6% |
| 45-65 | 33.9% |
| 66+ | 26.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.1% |
| Healthcare | 7.8% |
| Management, Business, & Financial | 20.6% |
| Natural Resources Maintenance | 15.2% |
| Production & Transportation | 7.8% |
| Sales & Office | 20.1% |
| Other | 23.4% |
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 | 7.8% |
| High School | 25.1% |
| Masters Degree | 8.1% |
| Some College | 22.7% |
| Some High School | 5.0% |
| Other | 31.4% |
369 W Shore Dr Comps
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369 W Shore Dr, Summerland Key, FL 33042 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 369 W Shore Dr includes a Price Estimate of $274,525 and a Rent Estimate of $2,998. This single family home has 1 bedrooms,1 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 13.10% and Total Return of 37.84%. The estimated 1 year forecast in home value for 369 W Shore Dr is 5.31%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MONROE County , or the 33042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
