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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

S Shore Dr Miramar Beach, FL 32550

2 Beds 1 Baths 528 sqft Built 1965
Last updated:  Dec 26, 2019

INVESTimate

$239,170

$220K - $258K

Price Est.

$1,277

$1.2K - $1.3K

Rent Est.

$251,009  ( +4.95%)   1 YR EST. FORECAST
  
  
  

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S Shore Dr PROPERTY INFO

FACTS
  • Built In 1965
  • Price/Sqft : $452.97
CONSTRUCTION
  • Beds : 2
  • Floor Size : 528 sqft
  • Baths : 1 Full

S Shore Dr SCHOOLS

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Financial Details

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Neighborhood

MIRAMAR BEACH

  • 8,204

    POPULATION
  • 3,831

    HOUSEHOLDS
  • 75.0%

    WHITE COLLAR

Neighborhood : MIRAMAR BEACH

HOUSEHOLDS
3,831
POPULATION

8,204

26.1%Renters
73.9%Home Owners
LABOR FORCE

 

75.0%White Collar
25.0%Blue Collar
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 $1,277 per month.

MY RENT : $1,277 MEDIAN RENT : $1,926

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.4%
>=$1,500 98.6%
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 $1,277 would therefore be considered affordable for annual household incomes greater than $51,080 (12 months x 3.333 x $1,277).

Rent % Affordability
Above $500 89.7%
Above $700 84.0%
Above $1,100 68.1%
Above $1,500 53.4%
Above $1,900 44.5%
HOUSEHOLD INCOME RANGE

Approximately 2,182 of households in this neighborhood have a total annual income of $51,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,277 per month.

MINIMUM INCOME RANGE : $51,080

Income % Distribution
<$20K 10.3%
$20K-$35K 12.5%
$35K-$60K 23.9%
$60K-$100K 17.8%
>=$100K 35.6%
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.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 15.9%
10-14 mins 16.1%
15-19 mins 16.9%
20-29 mins 18.4%
30-44 mins 16.9%
45-59 mins 4.8%
>60 mins 4.7%
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 $1,277 per month.

MY RENT : $1,277 MEDIAN RENT : $1,926

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.4%
>=$1,500 98.6%
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 $1,277 would therefore be considered affordable for annual household incomes greater than $51,080 (12 months x 3.333 x $1,277).

Rent % Affordability
Above $500 89.7%
Above $700 84.0%
Above $1,100 68.1%
Above $1,500 53.4%
Above $1,900 44.5%
HOUSEHOLD INCOME RANGE

Approximately 2,182 of households in this neighborhood have a total annual income of $51,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,277 per month.

MINIMUM INCOME RANGE : $51,080

Income % Distribution
<$20K 10.3%
$20K-$35K 12.5%
$35K-$60K 23.9%
$60K-$100K 17.8%
>=$100K 35.6%
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.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 15.9%
10-14 mins 16.1%
15-19 mins 16.9%
20-29 mins 18.4%
30-44 mins 16.9%
45-59 mins 4.8%
>60 mins 4.7%

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%

S Shore Dr Comps

Sorry, we do not have sufficient data available.

S Shore Dr, Miramar Beach, FL 32550 is a single family home of 528 sqft. HomeUnion INVESTimateĀ® for S Shore Dr includes a Price Estimate of $239,170 and a Rent Estimate of $1,277. This single family home has 2 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 6.41% and Total Return of 16.78%. The estimated 1 year forecast in home value for S Shore Dr is 4.95%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , WALTON County , or the 32550 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32459