3945 48th Ave S, St Petersburg
Pinellas County Real Estate - Saint Petersburg
St. Petersburg is the fourth most populous city in Florida and located in Pinellas County. St. Petersburg has, on average, 361 days of sunshine a year, making it an attractive destination for retirees. However, the city has gradually attracted younger residents as well. The core of St. Petersburg's economy is fueled by tourism, contributing $2 billion in direct revenue annually. Other growth industries are financial services, manufacturing, medical technologies, information technology, and marine sciences. The largest employers for St. Petersburg are All Children's Hospital, Raymond James, Bayfront Medical Center, Home Shopping Network, and Fidelity National Information services. St. Petersburg has the highest rate of violent crime in Florida.
Saint Petersburg is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 244,769.
The median age for residents of Saint Petersburg is 41.6. Around 24.8% of Saint Petersburg households include school aged children and 25.9% of households include individuals aged 65 years or over. Census records indicate 68.6% of the Saint Petersburg population are White, 23.9% are Black or African American, .2% American Indian, 3.1% Asian and 2.4% are Two or more Races.
There are 129,401 housing units in Saint Petersburg. 20,586 (15.9%) of these were reported as vacant in the 2010 Census. Saint Petersburg is a tourist destination, 25.9% (5,336) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 49,536 residential rental units in Saint Petersburg. 42,797 of them were occupied in 2010 providing a residential rental vacancy rate of 13.1%.
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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 | |
|---|---|---|---|---|
| 3927 48th Ave S | Single Family | 1,718 | B |
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| 3967 48th Ave S | Single Family | 2,042 | B |
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| 3983 48th Ave S | Single Family | 1,930 | B |
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| 3901 48th Ave S | Single Family | 1,966 | B |
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| 3936 48th Ave S | Single Family | 2,151 | B |
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| 3976 48th Ave S | Single Family | 1,944 | B |
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| 3918 48th Ave S | Single Family | 1,952 | B |
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| 3997 48th Ave S | Single Family | 1,930 | B |
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| 3899 48th Ave S | Single Family | 2,252 | B |
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| 3990 48th Ave S | Single Family | 2,415 | B |
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| 3928 46th Ave S | Single Family | 1,935 | B |
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| 3920 46th Ave S | Single Family | 1,935 | B |
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| 3900 48th Ave S | Single Family | 1,930 | B |
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| 4000 48th Ave S | Single Family | 2,040 | B |
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| 4000 46th Ave S | Single Family | 1,937 | B |
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| 3912 46th Ave S | Single Family | 2,638 | B |
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| 4001 48th Ave S | Single Family | 1,930 | B |
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| 3893 48th Ave S | Single Family | 1,930 | B |
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| 4050 46th Ave S | Single Family | 2,301 | B |
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| 3900 46th Ave S | Single Family | 2,254 | B |
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| 3894 48th Ave S | Single Family | 1,944 | B |
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| 4016 48th Ave S | Single Family | 1,930 | B |
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| 3887 48th Ave S | Single Family | 2,040 | B |
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| 4025 48th Ave S | Single Family | 1,930 | B |
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| 4100 46th Ave S | Single Family | 2,013 | B |
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| 3896 46th Ave S | Single Family | 2,069 | B |
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| 3888 48th Ave S | Single Family | 1,952 | B |
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| 4032 48th Ave S | Single Family | 1,730 | B |
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| 4150 46th Ave S | Single Family | 2,250 | B |
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| 3913 46th Ave S | Single Family | 2,093 | B |
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| 3945 46th Ave S | Single Family | 2,269 | B |
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| 3888 46th Ave S | Single Family | 2,044 | B |
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| 3873 48th Ave S | Single Family | 1,868 | B |
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| 4039 48th Ave S | Single Family | 1,930 | B |
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| 4591 39th St S | Single Family | 1,918 | B |
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| 4592 40th St S | Single Family | 1,936 | B |
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| 3874 48th Ave S | Single Family | 2,794 | B |
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| 4001 49th Ave S | Single Family | 2,904 | B |
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Local Household Income
The median household income in this part of Florida is $61,493. The bottom 10% of the population earn less than $19,043 per year. The top 10% earn more than $162,920 per year. The top 1% earn more than $524,947 per year. Most renters earn between $28,608 (20th percentile) and $52,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $122,986 and $153,733.
The tax assessed value of this property places it in percentile 91 of all properties in this area. This suggests it would appeal to someone earning around $174,076 per year who should qualify for a mortgage between $348,152 and $435,190.
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 $930. Most renters earn between $2,384 and $4,351 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,297 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 91 of all properties in this area. This corresponds to a rent of $1,612 per month and a monthly household income of $5,249 ($62,988 per year)
Nearby Companies
4134 48th Ave South
4134 48th Ave South
4101 48th Ave S
4050 46th Avenue South