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77 Rue Caribe PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $356.82
CONSTRUCTION
- Beds : 3
- Floor Size : 1,918 sqft
- Baths : 2 Full
77 Rue Caribe SCHOOLS
Financial Details
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MIRAMAR BEACH
Neighborhood : MIRAMAR BEACH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,258 per month.
MY RENT : $2,258 MEDIAN RENT : $1,926
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 $2,258 would therefore be considered affordable for annual household incomes greater than $90,320 (12 months x 3.333 x $2,258).
HOUSEHOLD INCOME RANGE
Approximately 1,431 of households in this neighborhood have a total annual income of $90,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,258 per month.
MINIMUM INCOME RANGE : $90,320
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
MIRAMAR BEACH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 18.7% |
Health Care & Social Assistance | 8.0% |
Professional & Scientific Tech Services | 10.0% |
Real Estate | 11.3% |
Retail & Wholesale Trader | 12.3% |
Transportation | 6.1% |
Other | 33.6% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 19% is 24 or younger and 30% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.0% |
15-19 | 2.2% |
20-24 | 4.1% |
25-44 | 21.0% |
45-65 | 29.6% |
66+ | 30.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.8% |
Education | 9.0% |
Management, Business, & Financial | 32.8% |
Natural Resources Maintenance | 5.4% |
Production & Transportation | 5.0% |
Sales & Office | 23.0% |
Other | 18.9% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.6% |
Doctorate | 3.3% |
High School | 13.3% |
Masters Degree | 10.2% |
Some College | 24.4% |
Other | 37.2% |
77 Rue Caribe Comps
77 Rue Caribe, Miramar Beach, FL 32550 is a single family home of 1,918 sqft. HomeUnion INVESTimateĀ® for 77 Rue Caribe includes a Price Estimate of $684,389 and a Rent Estimate of $2,258. This single family home has 3 bedrooms,2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 3.96% and Total Return of 12.43%. The estimated 1 year forecast in home value for 77 Rue Caribe is 4.95%.
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