County:
Gulf County, located on the Florida panhandle, is a great place to invest in real estate. The county has a population of just over 16,000 and is growing at a rapid pace. The median home value in Gulf County is $168,000, which is significantly lower than the national average of $219,700.
There are many reasons to invest in Gulf County real estate. One reason is that the county has a very strong economy. The unemployment rate in Gulf County is only 3.4%, which is much lower than the national average of 4.9%. Additionally, the median household income in Gulf County is $52,078, which is higher than the national average of $51,939.
Another reason to invest in Gulf County real estate is that there are many innovative opportunities for investment. One such opportunity is short-term rentals (STRs). Due to the influx of tourists to the area (especially during peak season), there is a high demand for STRs. This presents a great opportunity for investors to purchase properties and rent them out on sites like Airbnb or VRBO.
Another innovative opportunity for real estate investment in Gulf County is through live-work units (LWUs). LWUs are becoming increasingly popular as more people work remotely or have businesses that they can operate from home. These units provide the perfect solution for those who want to live and work in the same space. There are many LWUs available in Gulf County, making it a great place to invest if you’re looking for this type of property.
If you’re looking for an innovative place to invest in real estate, look no further than Gulf County! With its strong economy and abundance of investment opportunities, you’re sure to find success here!
Price Index: Panama City, FL
Name | State | Population |
---|---|---|
Wewahitchka | Florida | 8,514 |
Port Saint Joe | Florida | 8,036 |
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
32456 | 8,036 | 37.8 | America/New_York | 29.80713 | -85.30265 | Port Saint Joe | Gulf County | Florida |
32465 | 7,962 | 13 | America/Chicago | 30.00212 | -85.17799 | Wewahitchka | Gulf County | Florida |