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posted on 08 September 2017

An Estimated 8.5 Million Properties In Florida At Significant Risk Of Potential Wind Damage From Hurricane Irma

from CoreLogic

Data analysis shows that an estimated 8,456,455 residential and commercial properties in Florida are at either "Extreme," "Very High" or "High" risk of wind damage from Hurricane Irma. CoreLogic storm surge analysis shows that an estimated 3,494,735 residential and commercial properties in Florida are at risk of hurricane-driven storm surge damage. Neither analysis includes potential damage from inland flooding.

Table 1 shows the estimated number of residential and commercial properties at risk of wind damage for both Florida and select Core Based Statistical Areas (CBSAs). Table 2 shows the estimated number of residential and commercial properties at risk of storm surge damage from Hurricane Irma for the state and the same CBSAs.

Storm surge occurs when water is pushed toward the shore through the force of powerful winds associated with cyclonic storms. High winds and low pressure created by a storm causes water to accumulate at its center, and as it moves across the ocean, the strong winds inside the hurricane act as a plow, causing water to pile up along the front of the storm.

Table 1: Estimated Number of Residential and Commercial Properties at Risk of Wind Damage from Hurricane Irma

Data in Tables 1 and 2 should not be combined to calculate totals as these are independent CoreLogic peril analyses and property duplication can occur.

CoreLogic DataExtremeVery HighHighModerateLow
Cape Coral-Fort Myers85,40236,039401,00400
Crestview-Fort Walton Beach-Destin368,527029,2940
Deltona-Daytona Beach-Ormond Beach788,419171,94210
Key West26,11729,406000
Lakeland-Winter Haven7320,05241190
Miami-Fort Lauderdale-Pompano Beach2,202,0563231600
Naples-Marco Island7,069211,0119800
North Port-Bradenton-Sarasota5331,102411,53400
Palm Bay-Melbourne-Titusville6,472139,893136,93300
Palm Coast062,5219,07000
Panama City-Lynn Haven-Panama City Beach0111,056000
Pensacola-Ferry Pass-Brent10,077203,2613,3818,5440
Port St. Lucie234,597305700
Punta Gorda01205,61600
Sebastian-Vero Beach86,0123,643000
Tampa-St. Petersburg-Clearwater11,148,05979,40100

Source: CoreLogic 2017.

Table 2: Total Properties in the High/Moderate Risk Level

CoreLogic DataExtreme (Affected by a Category 1-5 Storm)Very High (Affected by a Category 2-5 Storm)High

(Affected by a Category 3-5 Storm)

Moderate (Affected by a Category 4-5 Storm)Low

(Affected by a Category 5 Storm)

Total Properties at Risk
Cape Coral-Fort Myers57,855189,137128,07357,30052,099484,464
Crestview-Fort Walton Beach-Destin4,6115,5998,3188,6118,32335,462
Deltona-Daytona Beach-Ormond Beach1,76016,63438,48143,41215,000115,287
Key West16,91723,050 54,360
Lakeland-Winter Haven000000
Miami-Fort Lauderdale-Pompano Beach82,344149,120209,417227,882226,057894,820
Naples-Marco Island24,774102,23276,6677,4141,645212,732
North Port-Bradenton-Sarasota28,53659,66286,255103,24954,534332,236
Palm Bay-Melbourne-Titusville11,56525,35422,57016,43015,77891,697
Palm Coast1,2489,9575,4144,3223,84424,785
Panama City-Lynn Haven-Panama City Beach4655,05614,44814,42716,31250,708
Pensacola-Ferry Pass-Brent2,0799,44513,2599,77010,78445,337
Port St. Lucie12,7208,6218,4847,95719,99757,779
Punta Gorda64,02083,39132,87823,0091,006204,304
Sebastian-Vero Beach6,0167,6465,8966,59812,12938,285
Tampa-St. Petersburg-Clearwater105,551125,591114,308103,77670,231523,457

Source: CoreLogic 2017.

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