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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 about INVESTimate

7008 Harbor Village Dr Duck Key, FL 33050

2 Beds 2 Baths 900 sqft Built 2000
Last updated:  Dec 26, 2019

INVESTimate

$446,129

$420K - $473K

Price Est.

$2,965

$2.5K - $3.4K

Rent Est.

$479,232  ( +7.42%)   1 YR EST. FORECAST
  
  
  

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7008 Harbor Village Dr PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $495.70
CONSTRUCTION
  • Beds : 2
  • Floor Size : 900 sqft
  • Baths : 2 Full

7008 Harbor Village Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STANLEY SWITLIK ELEMENTARY SCHOOL Primary Regular 517 37 7
MARATHON MIDDLE HIGH SCHOOL Middle Regular 630 38 5
MARATHON MIDDLE HIGH SCHOOL High Regular 630 38 5

STANLEY SWITLIK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 517
  • # of teachers: 37
7
GreatSchools Rating

MARATHON MIDDLE HIGH SCHOOL

  • Education Level: Middle
  • # of students: 630
  • # of teachers: 38
5
GreatSchools Rating

MARATHON MIDDLE HIGH SCHOOL

  • Education Level: High
  • # of students: 630
  • # of teachers: 38
5
GreatSchools Rating
 

Financial Details

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Neighborhood

MARATHON

  • 10,140

    POPULATION
  • 4,135

    HOUSEHOLDS
  • 53.9%

    WHITE COLLAR

Neighborhood : MARATHON

HOUSEHOLDS
4,135
POPULATION

10,140

40.8%Renters
59.2%Home Owners
LABOR FORCE

 

53.9%White Collar
46.1%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 $2,965 per month.

MY RENT : $2,965 MEDIAN RENT : $3,476

Rent % Distribution LEVEL
$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 $2,965 would therefore be considered affordable for annual household incomes greater than $118,600 (12 months x 3.333 x $2,965).

Rent % Affordability
Above $500 81.9%
Above $700 73.9%
Above $1,100 59.5%
Above $1,500 48.5%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 560 of households in this neighborhood have a total annual income of $118,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,965 per month.

MINIMUM INCOME RANGE : $118,600

Income % Distribution
<$20K 18.1%
$20K-$35K 13.8%
$35K-$60K 19.7%
$60K-$100K 22.7%
>=$100K 25.8%
COMMUTE TIME DISTRIBUTION

23% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.3%
5-9 mins 32.6%
10-14 mins 31.2%
15-19 mins 13.7%
20-29 mins 6.1%
30-44 mins 3.2%
45-59 mins 0.3%
>60 mins 3.6%
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 $2,965 per month.

MY RENT : $2,965 MEDIAN RENT : $3,476

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 $2,965 would therefore be considered affordable for annual household incomes greater than $118,600 (12 months x 3.333 x $2,965).

Rent % Affordability
Above $500 81.9%
Above $700 73.9%
Above $1,100 59.5%
Above $1,500 48.5%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 560 of households in this neighborhood have a total annual income of $118,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,965 per month.

MINIMUM INCOME RANGE : $118,600

Income % Distribution
<$20K 18.1%
$20K-$35K 13.8%
$35K-$60K 19.7%
$60K-$100K 22.7%
>=$100K 25.8%
COMMUTE TIME DISTRIBUTION

23% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.3%
5-9 mins 32.6%
10-14 mins 31.2%
15-19 mins 13.7%
20-29 mins 6.1%
30-44 mins 3.2%
45-59 mins 0.3%
>60 mins 3.6%

MARATHON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 20.6%
Construction 7.4%
Health Care & Social Assistance 9.9%
Professional & Scientific Tech Services 5.5%
Real Estate 6.5%
Retail & Wholesale Trader 16.5%
Other 33.7%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 25% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 12.8%
15-19 6.0%
20-24 6.5%
25-44 23.3%
45-65 29.2%
66+ 22.2%
OCCUPATION

Occupation % Distribution
Clean 8.4%
Healthcare 7.5%
Management, Business, & Financial 16.3%
Natural Resources Maintenance 14.9%
Production & Transportation 9.4%
Sales & Office 26.7%
Other 16.8%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.3%
High School 30.7%
Masters Degree 6.6%
Some College 22.4%
Some High School 8.8%
Other 23.3%

7008 Harbor Village Dr Comps

Sorry, we do not have sufficient data available.

7008 Harbor Village Dr, Duck Key, FL 33050 is a single family home of 900 sqft. HomeUnion INVESTimateĀ® for 7008 Harbor Village Dr includes a Price Estimate of $446,129 and a Rent Estimate of $2,965. This single family home has 2 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 7.98% and Total Return of 28.48%. The estimated 1 year forecast in home value for 7008 Harbor Village Dr is 7.42%.

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