8918 78th Ave, Seminole
Pinellas County Real Estate - Seminole
Seminole is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 17,233. Seminole is approximately 22 miles from Tampa (population 335,709) and around 10 miles from Saint Petersburg (population 244,769).
The median age for residents of Seminole is 53.5. Around 17.5% of Seminole households include school aged children and 46.4% of households include individuals aged 65 years or over. Census records indicate 93.9% of the Seminole population are White, 1.4% are Black or African American, .3% American Indian, 2.3% Asian and 1.2% are Two or more Races.
There are 10,344 housing units in Seminole. 1,792 (17.3%) of these were reported as vacant in the 2010 Census. Seminole is a tourist destination, 51.1% (917) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,424 residential rental units in Seminole. 2,065 of them were occupied in 2010 providing a residential rental vacancy rate of 14.1%.
Seminole links:
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Pinellas County
Pinellas County is part of the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Hillsborough, Polk, Manatee, and Sarasota counties. The county lies on a peninsula across Tampa Bay from Hillsborough County and the city of Tampa. Pinellas counts over 900,000 people in its population. There are 24 incorporated municipalities in Pinellas County.
Pinellas County's largest industries are tourism, retail and wholesale trade, and finance, insurance and real estate. Major private sector employers include Home Shopping Network, Fidelity Information Services, Nielson Media Research, Raymond James Financial, and Tech Data Corp. Public employers are Pinellas County School District, Pinellas County Government, City of St. Petersburg, and Pinellas County Sheriff's Office.
Around 5 million people visit Pinellas County annually. Pinellas County's main tourist attraction is its beaches along the gulf coast. Pinellas County also attracts a lot of retirees, with one in five of its residents over the age of sixty five.
Unlike many counties, the largest city is not the county seat. Home to around a quarter of a million people, St. Petersburg is the fifth-largest city in Florida and headquarters for Home Shopping Network, Jabil Circuit, and Raymond James Financial. The county seat is Clearwater, which has a population around 100,000. Clearwater is home to Fortune 500 company Tech Data.
The city of Tarpon Springs was largely settled by Greeks and is currently the city most heavily populated by people of Greek ancestry in the U.S. Tarpon Springs is a major center of sponging. Though economic activity revolves around a variety of aquaculture harvesting, including fishing and shrimping, sponge diving and its legacy are what the city is known for.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 78th Ave | Vacant Residential | 0 | L | |
| 8936 78th Ave | Single Family | 1,209 | B |
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| 7824 Starkey Rd | Single Family | 1,541 | B |
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| 8954 78th Ave | Single Family | 1,075 | B |
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| 7730 Starkey Rd | Professional service building | 2,769 | B |
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| 8927 78th Ave | Single Family | 1,649 | B |
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| 7848 Starkey Rd | Single Family | 1,483 | B |
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| 8972 78th Ave | Single Family | 1,574 | B |
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| 7700 Starkey Rd | Drive-in Restaurant | 1,624 | B |
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| 8955 78th Ave | Single Family | 1,101 | B |
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| 7801 Starkey Rd | Insurance company office | 1,450 | B |
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| 7771 Starkey Rd | Professional service building | 12,743 | B |
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| 8990 78th Ave | Single Family | 1,042 | B |
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| 8973 78th Ave | Single Family | 1,169 | B |
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| 8908 79th Ave | Single Family | 1,085 | B |
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| 8916 79th Ave | Single Family | 785 | B |
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| 8873 78th Ave | Single Family | 1,434 | B |
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| 7670 Starkey Rd | Drive-in Restaurant | 2,100 | B |
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| 8924 79th Ave | Single Family | 900 | B |
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| 8892 78th Pl | Single Family | 1,254 | B |
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| 8991 78th Ave | Single Family | 1,579 | B |
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| 8855 78th Ave | Single Family | 1,521 | B |
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| 9014 78th Ave | Single Family | 1,449 | B |
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| 7770 Starkey Rd | Multi-family - 10 units or more | 47,590 | B |
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| 8854 78th Pl | Single Family | 1,609 | B |
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| 8932 79th Ave | Single Family | 994 | B |
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| 8837 78th Ave | Single Family | 1,589 | B |
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| 7691 Starkey Rd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 3,564 | B |
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| 9028 78th Ave | Single Family | 1,499 | B |
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| 7640 Starkey Rd | Store, one story | 4,807 | B |
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| 8911 79th Ave | Single Family | 1,576 | B |
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| 8940 79th Ave | Single Family | 1,120 | B |
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| 9015 78th Ave | Single Family | 1,647 | B |
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| 8923 79th Ave | Single Family | 1,955 | B |
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| 8836 78th Pl | Single Family | 1,241 | B |
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| 9029 78th Ave | Single Family | 1,132 | B |
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Local Household Income
The median household income in this part of Florida is $66,440. The bottom 10% of the population earn less than $22,794 per year. The top 10% earn more than $163,905 per year. The top 1% earn more than $466,141 per year. Most renters earn between $33,060 (20th percentile) and $60,660 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $132,880 and $166,100.
The tax assessed value of this property places it in percentile 58 of all properties in this area. This suggests it would appeal to someone earning around $76,986 per year who should qualify for a mortgage between $153,972 and $192,465.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,121. Most renters earn between $2,755 and $5,055 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $792 (20th percentile) to $1,508 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 58 of all properties in this area. This corresponds to a rent of $1,205 per month and a monthly household income of $3,944 ($47,328 per year)
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