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1031 Exchange Atlantic Beach, Florida

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Atlantic Beach due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Atlantic Beach, Florida is a part of the Atlantic Beach Submarket submarket area, and contains zip code 32233.

Atlantic Beach Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Atlantic Beach, FL submarket area was $926, which is 25.14% higher than 2014 average rent. This represents a compounded annual growth rate of 4.59%. 2019 vacancy in Atlantic Beach, FL was 3.30%.

The total population of the city of Atlantic Beach, FL has grown 9.29% since 2010. As of 2018, the population was 13,831. The median household income of the Atlantic Beach was $77,468, which is 28.49% higher than the national average.

  • submarket area Atlantic Beach Submarket
  • avg rent $926
  • rent growth 25.14%
  • vacancy 3.30%
  • median income $77,468
  • population (2018) 13,831
  • population growth 9.29%
  • vs. nat'l avg 28.49%
  • zip code 32233

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