Home

Terra Mar, FL Real Estate


According to census data in the year 2000 there were 2,795 housing units in Terra Mar.

Of those housing units, 2,795 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Terra Mar is about 77.5%. Terra Mar's vacancy rate, including seasonal lodging, is about 42.9%. Average household size is 1.69 people.

The majority of houses, apartments or condos in Terra Mar were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom20.60%
Two Bedrooms59.80%
Three Bedrooms13.80%
Four Bedrooms2.10%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1968
Median Value of occupied units$212,300
Median Price asked for vacant units$250,000

Rented Homes, Apartments and Condos

Average Household Size1.44
Median year structure was built1973
Median Monthly Rent asked for vacant units$1,000

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan6.30%
Simple Mortgage34.70%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs25.1%