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Old 12-03-2008, 12:25 AM
 
Location: Macao
12,442 posts, read 18,395,848 times
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Default Florida Panhandle and U.S. military bases

Just curious, where are all of the major military bases in the Florida Panhandle? I know Biloxi, MS has a large one....and for some reason, I have the impression that almost every sizeable population area in the Panhandle does as well, is that about right?

If not, which population areas DON'T have the military presense?
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Old 12-03-2008, 03:57 AM
 
Location: Sarasota, Florida
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The biggest ones are along the Gulf: Pensacola Naval Air Station, Eglin AFB in Ft. Walton Beach/Niceville, and Tyndal AFB in Panama City
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Old 12-03-2008, 05:43 PM
 
2,176 posts, read 4,382,594 times
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Quote:
Originally Posted by Tiger Beer View Post
Just curious, where are all of the major military bases in the Florida Panhandle? I know Biloxi, MS has a large one....and for some reason, I have the impression that almost every sizeable population area in the Panhandle does as well, is that about right?

If not, which population areas DON'T have the military presense?
Biloxi's Air Force Base, Keesler, is actually considered a small base...3,554 acres...Eglin in Fort Walton beach is 463,500 acres, Tyndall of Panama City is 29,109 acres and Pensacola is 5,874 acres...
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Old 12-04-2008, 10:07 PM
 
Location: Macao
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Does the acreage also correpond well with the number of enlisted?

How about the presense on the community? In all of the cities, do they have a strong presense on most things in the community, or the bigger the base, the more they tend to stay on the base?

I guess I'm curious that if you are in any one of these cities, is the military presense highly visible, and a large part of the community?
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Old 12-05-2008, 06:44 AM
 
2,176 posts, read 4,382,594 times
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Quote:
Originally Posted by Tiger Beer View Post
Does the acreage also correpond well with the number of enlisted?

How about the presense on the community? In all of the cities, do they have a strong presense on most things in the community, or the bigger the base, the more they tend to stay on the base?

I guess I'm curious that if you are in any one of these cities, is the military presense highly visible, and a large part of the community?
Still trying to determine what exactly you mean by "presense" as it could mean many different things. Are you asking are military members attending town meetings and vote on town issues? Are you asking if military members are seen in uniform walking around outside of town? Are you asking do most members spend their time and money within the walls of the base?

The short...All of the panhandle locations are "fun" areas with lots of tourism...Odds are you'll usually find that most military spend their time and money outside the base wall especially on weekends. Most will not be in uniform nor attending town meetings...Keesler has a large number of training students. You will find in the malls and areas right off base people in uniform....Biloxi doesn't have the tourism and has virtually empty beaches unlike the bikini-clad beaches of Florida...So it's a little more common for people who live on base to stay on for the weekend...Otherwise it's off to the Casinos, Gulfport MS, Haitesburg MS, Mobile AL, Pensacola FL or New Orleans LA...

If I'm not even close to answering your question, please clarify...
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Old 12-05-2008, 10:47 PM
 
Location: Macao
12,442 posts, read 18,395,848 times
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I suppose I am being vague

Actually I was thinking that someday if I saved enough to buy real estate, I'd choose rental properties near a military base. Good rentors, I'd assume. (That's just saying I had the money for a downpayment on something like that).

So, that's why I was curious which cities would have the highest percentage of potential rentors off-base, etc.
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Old 12-06-2008, 10:46 AM
 
2,176 posts, read 4,382,594 times
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Quote:
Originally Posted by Tiger Beer View Post
I suppose I am being vague

Actually I was thinking that someday if I saved enough to buy real estate, I'd choose rental properties near a military base. Good rentors, I'd assume. (That's just saying I had the money for a downpayment on something like that).

So, that's why I was curious which cities would have the highest percentage of potential rentors off-base, etc.
Ah...Odds are PCB will be your best bet investment...They just opened up an outdoor mall, very very nice...Tyndall AFB, which is in Panama City (no beach, separate towns) is like 45mins (with traffic) away from PCB

Lots of landlords hate the military...We unfortunately get short notices to move cross country and long term deployments...There are states acts/laws that allow us to break leases without consequences for deployments...We in the air force have the shortest deployments of all the other branches, rumors are with the new administration that will change...

If I were you, I'd put PCB at the top of and Biloxi at the bottom of your list...
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Old 12-07-2008, 02:17 PM
 
Location: Niceville, FL
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I couldn't imagine volunteering to be a landlord in PCB. The demographics of the area are such that you're more likely to be renting to the third key at the bong store than a military renter (who, despite certain odds that they're going to break their lease, has to meet certain behavior and financial standards or you can get them in trouble with their CO) Add in some massive overdevelopment in the area during the early 00 boom, and how prices are not at the point where someone buying right now has a good cashflow, and there are definitely better options out there.

I'm also of the opinion that they're massively overselling the airport situation. Yes, it's good to get the airport further out of town because of basic safety reasons, but no, they aren't suddenly going to magically get BA and Lufstansa flights arriving daily disgorging masses of Europeans in search of sun. The optimistic side of realism says they'll take about 10 years to go from their current flight level (about 350K passengers) to around 1 million passengers (ie. what Pensacola gets) and the exciting new non-stops will be to Dallas (AA hub) Houston (Continental) and Charlotte (another hub) not Heathrow or Frankfort.

Investment area I'd target is Ft. Walton Beach- draw a triangle among FWB, Niceville, and Destin, and you've got an area with a relatively tight rental market with few to no large chunks of land to add apartment complexes because Eglin AFB owns everything essentially between that triangle and I-10. If you can find a two bedroom in a safe area for less than $100K and the structural insurance costs don't kill you (think moderately inland, preferably flood zone X) you've got a rental property that's going to be reasonably easy to rent to responsible renters and the cashflow is going to be good though not exceptional.
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Old 12-08-2008, 01:31 PM
 
Location: Hillsboro, OR
2,138 posts, read 2,111,116 times
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Just about the only decent-sized city NOT near a military base in the panhandle is Tallahassee.

All the rest are near one....Pensacola Naval Air Station, Whiting Field, Hurlburt Field, Eglin AFB (the big one), Tyndall AFB, Eglin AFB (Eastern Exclave)
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