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This page contains aggregated information about each property, 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.

514 15th St Mexico Beach, FL 32456

3 Beds 3 Baths 2,020 sqft Built 2005
Last updated:  Nov 28, 2019

INVESTimate

$469,567

$451K - $489K

Price Est.

$2,158

$1.8K - $2.5K

Rent Est.

$503,282  ( +7.18%)   1 YR EST. FORECAST

514 15th St PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $232.46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,020 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
514 15th St, Mexico Beach, FL 32456 is a single family home of 2,020 sqft. HomeUnion estimate for 514 15th St includes a Price Estimate of $469,567 and a Rent Estimate of $2,158. This single family home has 3 bedrooms, 3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.51% and Total Return of 18.84%. The estimated 1 year forecast in home value for 514 15th St is 7.18%.
  
  
  

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514 15th St SCHOOLS

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

Financial Details

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Neighborhood

Paradise Cove

  • 0

    POPULATION
  • 0

    HOUSEHOLDS
  • 61.3%

    WHITE COLLAR

Neighborhood : Paradise Cove

HOUSEHOLDS
0
POPULATION

0

?%Renters
?%Home Owners
LABOR FORCE

 

61.3%White Collar
38.7%Blue Collar
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 $2,158 per month.

MY RENT : $2,158 MEDIAN RENT : $2,044

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,158 would therefore be considered affordable for annual household incomes greater than $86,320 (12 months x 3.333 x $2,158).

Rent % Affordability
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $86,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,158 per month.

MINIMUM INCOME RANGE : $86,320

Income % Distribution
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution

Paradise Cove Demographics

INDUSTRY

Industry % Distribution
Manufacturing ?%
Professional & Scientific Tech Services ?%
Public Administration ?%
Real Estate ?%
Retail & Wholesale Trader ?%
Transportation ?%
Other ?%
AGE DISTRIBUTION

0% of the population is between the ages of 25 and 64, 0% is 24 or younger and 0% is 65 or older.

Age % Distribution
OCCUPATION

Occupation % Distribution
Natural Resources Maintenance ?%
PCare ?%
Production & Transportation ?%
Protect ?%
Sales & Office ?%
Social ?%
Other ?%
HIGHEST EDUCATION LEVEL

0% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution

514 15th St 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

  1. 32410
  2. 32401
  3. 32312
  4. 31047