3370 Hidden Bay Dr 2815, Aventura
Sarasota County Real Estate - Osprey
Osprey is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 6,100. Osprey is approximately 41 miles from Saint Petersburg (population 244,769) and around 19 miles from North Port (population 57,357).
The median age for residents of Osprey is 57.2. Around 18.3% of Osprey households include school aged children and 49.1% of households include individuals aged 65 years or over. Census records indicate 95.9% of the Osprey population are White, .5% are Black or African American, .1% American Indian, 1.8% Asian and 1.1% are Two or more Races.
There are 3,415 housing units in Osprey. 616 (18%) of these were reported as vacant in the 2010 Census. Osprey is a tourist destination, 55.5% (342) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 410 residential rental units in Osprey. 334 of them were occupied in 2010 providing a residential rental vacancy rate of 16.8%.
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Sarasota County
Sarasota County is part of the Tampa Bay Region along withManatee, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Sarasota County consists of the cities of Sarasota, Venice, and North Port, and the Town of Longboat Key. The county is home to over 375,000 people.
Top industries are education and health services, leisure and hospitality, retail trade, and professional and business services. Targeted sectors are clean technology/green business, film/entertainment, life sciences, light manufacturing, and sports/ ecotourism.
Sarasota County has three higher education facilities: New College of Florida, University of South Florida Sarasota-Manatee, and Ringling College of Art and Design. Public sector employers for Sarasota County include the School Board of Sarasota County, Sarasota County Government, and Sarasota Memorial Hospital. Main private employers are PGT Industries, Sun Hydraulics Corporation, Tervis, FCCI Insurance, and Protocol Communications.
At the south end of the county is North Port, a master-planned community that was incorporated in 1959. The 75-square-mile city is home to more than 50,000 people and growing. The city is primarily a bedroom community.
Home to just over 50,000, Sarasota is the county seat. Once the winter home of the famed Ringling Brothers Circus, two of the Ringling brothers invested in Sarasota, establishing a cultural scene stronger than what would be expected of a city its size. The economy is diversified, strong in healthcare and administrative services. Boar?s Head Provision Company is headquartered in the city.
Neighboring Properties
Local Household Income
The median household income in this part of Florida is $46,930. The bottom 10% of the population earn less than $15,179 per year. The top 10% earn more than $139,950 per year. The top 1% earn more than $671,300 per year. Most renters earn between $26,412 (20th percentile) and $47,304 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $93,860 and $117,325.
The tax assessed value of this property places it in percentile 88 of all properties in this area. This suggests it would appeal to someone earning around $126,553 per year who should qualify for a mortgage between $253,106 and $316,383.
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 $1,056. Most renters earn between $2,201 and $3,942 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $826 (20th percentile) to $1,443 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 88 of all properties in this area. This corresponds to a rent of $1,639 per month and a monthly household income of $4,361 ($52,332 per year)
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