Gulf Beach Heights / Perdido Bay median real estate price is $250,243, which is more expensive than 66.3% of the neighborhoods in Florida and 64.1% of the neighborhoods in the U.S.
The average rental price in Gulf Beach Heights / Perdido Bay is currently $1,646, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.4% of the neighborhoods in Florida.
Gulf Beach Heights / Perdido Bay is a suburban neighborhood (based on population density) located in Pensacola, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Gulf Beach Heights / Perdido Bay real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Gulf Beach Heights / Perdido Bay neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Gulf Beach Heights / Perdido Bay. The current real estate vacancy rate here is 25.1%. This is higher than the rate of vacancies in 91.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.