| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Fair |
| Demographics | 48th | Poor |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Burton Dr, Tavernier, FL, 33070, US |
| Region / Metro | Tavernier |
| Year of Construction | 2011 |
| Units | 34 |
| Transaction Date | 2005-08-31 |
| Transaction Price | $1,450,000 |
| Buyer | MONROE COUNTY COMPREHENSIVE PLAN LAND AU |
| Seller | TLC OF FLORIDA KEYS CORP |
100 Burton Dr, Tavernier FL Multifamily Investment
High-cost homeownership and steady amenity access point to durable renter demand in the Upper Keys, according to WDSuite s CRE market data.
Located in Monroe County s Upper Keys, the neighborhood posts an overall B rating and ranks 12 out of 27 metro neighborhoods above the metro median for livability factors tracked by WDSuite. Caf e9, grocery, and park access land in higher national percentiles, helping support day-to-day convenience for residents and strengthening leasing appeal relative to more remote Keys locations.
Amenity access is a clear strength: the area s caf e9 density ranks 3rd of 27 top quartile among metro peers and grocery and parks also score above typical U.S. neighborhoods. While school rating data is limited in this dataset, the amenity mix and service coverage provide the kind of neighborhood basics that support retention and reduce friction in day-to-day living.
Home values sit in a high national percentile, signaling a high-cost ownership market that tends to reinforce renter reliance on multifamily housing and support pricing power where product fits local incomes. At the same time, WDSuite s metrics show rent levels above many U.S. neighborhoods and a higher rent-to-income burden, which argues for careful lease management and renewal strategies to mitigate affordability pressure.
The property s 2011 vintage is newer than the area s average construction year (1984), giving a competitive edge over older stock. Investors should still plan for mid-life systems and modernization over the hold, but the relative youth of the asset positions it well against older Keys inventory.
Within a 3-mile radius, households have increased over the past five years and average household size has trended smaller. This combination can expand the local renter pool even as the population mix skews older, supporting occupancy stability while subtly shifting demand toward practical, well-maintained units.
Comparable safety statistics for this specific neighborhood are limited in the provided dataset. For underwriting, investors often benchmark against Monroe County and metro trends and emphasize property-level measures (lighting, access control, insurance planning) and resident communication. Seasonal dynamics typical of the Keys can influence activity levels across the year, so trend comparison over multiple periods is prudent.
100 Burton Dr offers a 2011-vintage, smaller-scale Keys multifamily position in a high-cost ownership market where elevated home values support durable rental demand. According to CRE market data from WDSuite, neighborhood amenity access ranks competitively in the metro and rent levels trend above many U.S. neighborhoods, indicating potential pricing power balanced by the need to manage affordability pressure. The asset s newer vintage versus local averages should help it compete against older inventory, while mid-life capital planning can address systems and cosmetic updates over time.
Within a 3-mile radius, household growth alongside smaller household sizes points to a broader tenant base and steady leasing fundamentals, even as the area s demographic profile skews older. These conditions, combined with the Keys constrained for-sale market, favor well-positioned units with functional layouts and reliable operations.
- 2011 vintage competing favorably against older Keys stock; plan for mid-life system updates
- High-cost ownership market supports renter reliance and potential pricing power
- Amenity access competitive in metro, bolstering leasing appeal and retention
- 3-mile household growth and smaller household sizes expand the local renter pool
- Risk: elevated rent-to-income burden requires disciplined lease and renewal management