Paradise Beach / Perdido Heights median real estate price is $189,953, which is more expensive than 47.3% of the neighborhoods in Florida and 50.7% of the neighborhoods in the U.S.
The average rental price in Paradise Beach / Perdido Heights is currently $1,270, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.5% of Florida neighborhoods.
Paradise Beach / Perdido Heights 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).
Paradise Beach / Perdido Heights real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Paradise Beach / Perdido Heights 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.
Paradise Beach / Perdido Heights has a 16.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.