Median real estate price in the Town Center of Summerland Key is $466,954, which is more expensive than 91.1% of the neighborhoods in Florida and 86.9% of the neighborhoods in the U.S.
The average rental price in Summerland Key Town Center is currently $2,032, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.7% of the neighborhoods in Florida.
Summerland Key Town Center is a rural neighborhood (based on population density) located in Summerland Key, Florida.
Real estate in the Town Center of Summerland Key, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Summerland Key Town Center. The current real estate vacancy rate here is 44.2%. This is higher than the rate of vacancies in 97.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (37.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.