4778 Palermo Ct Ne, 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 | |
|---|---|---|---|---|
| 4779 Palermo Ct Ne | Condominium | 1,035 | B |
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| 4770 Palermo Ct Ne | Condominium | 910 | B |
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| 4787 Palermo Ct Ne | Condominium | 910 | B |
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| 4786 Palermo Ct Ne | Condominium | 910 | B |
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| 4783 Palermo Ct Ne | Condominium | 1,185 | B |
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| 4782 Palermo Ct Ne | Condominium | 1,185 | B |
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| 4775 Palermo Ct Ne | Condominium | 1,210 | B |
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| 4774 Palermo Ct Ne | Condominium | 1,210 | B |
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| 4771 Palermo Ct Ne | Condominium | 910 | B |
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| 635 Red Cedar Ct Ne | Single Family | 2,085 | A |
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| 0 Milano Ave Ne | Vacant Residential | 0 | L | |
| 598 Andorra Cir Ne | Condominium | 1,185 | B |
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| 594 Andorra Cir Ne | Condominium | 1,035 | B |
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| 590 Andorra Cir Ne | Condominium | 1,210 | B |
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| 586 Andorra Cir Ne | Condominium | 910 | B |
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| 582 Andorra Cir Ne | Condominium | 910 | B |
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| 578 Andorra Cir Ne | Condominium | 1,210 | B |
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| 574 Andorra Cir Ne | Condominium | 1,035 | B |
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| 570 Andorra Cir Ne | Condominium | 1,185 | B |
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| 566 Andorra Cir Ne | Condominium | 910 | B |
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| 562 Andorra Cir Ne | Condominium | 910 | B |
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| 558 Andorra Cir Ne | Condominium | 1,185 | B |
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| 554 Andorra Cir Ne | Condominium | 1,035 | B |
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| 546 Andorra Cir Ne | Condominium | 910 | B |
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| 550 Andorra Cir Ne | Condominium | 1,210 | B |
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| 625 Red Cedar Ct Ne | Single Family | 1,940 | A |
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| Placido Pkwy Ne | Vacant Residential | 0 | L | |
| 601 Red Cedar Ct Ne | Single Family | 1,645 | A |
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| 4827 Napoli Ct Ne | Condominium | 1,210 | B |
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| 4840 Napoli Ct Ne | Condominium | 1,185 | B |
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| 4843 Napoli Ct Ne | Condominium | 1,210 | B |
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| 4844 Napoli Ct Ne | Condominium | 1,035 | B |
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| 4847 Napoli Ct Ne | Condominium | 1,185 | B |
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| 4848 Napoli Ct Ne | Condominium | 1,210 | B |
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| 4851 Napoli Ct Ne | Condominium | 1,035 | B |
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| 4852 Napoli Ct Ne | Condominium | 1,340 | B |
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| 4855 Napoli Ct Ne | Condominium | 1,210 | B |
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| 4831 Napoli Ct Ne | Condominium | 1,035 | B |
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| 4859 Napoli Ct Ne | Condominium | 1,340 | B |
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| 4823 Napoli Ct Ne | Condominium | 1,340 | B |
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| 4835 Napoli Ct Ne | Condominium | 1,185 | B |
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| 4839 Napoli Ct Ne | Condominium | 1,340 | B |
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| 4691 Laurel Oak Ln Ne | Single Family | 2,968 | B |
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| 597 Red Cedar Ct Ne | Single Family | 1,645 | A |
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| 667 Malta Ct Ne | Condominium | 1,950 | B |
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| 653 Malta Ct Ne | Condominium | 1,950 | B |
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| 655 Malta Ct Ne | Condominium | 1,420 | B |
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| 671 Malta Ct Ne | Condominium | 1,420 | B |
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Local Household Income
The median household income in this part of Florida is $60,534. The bottom 10% of the population earn less than $17,655 per year. The top 10% earn more than $170,093 per year. The top 1% earn more than $574,103 per year. Most renters earn between $24,312 (20th percentile) and $45,828 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $121,068 and $151,335.
The tax assessed value of this property places it in percentile 39 of all properties in this area. This suggests it would appeal to someone earning around $48,444 per year who should qualify for a mortgage between $96,888 and $121,110.
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 $865. Most renters earn between $2,026 and $3,819 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $624 (20th percentile) to $1,210 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 39 of all properties in this area. This corresponds to a rent of $770 per month and a monthly household income of $2,586 ($31,032 per year)
Nearby Companies
4691 Laurel Oak Ln Ne
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4691 Laurel Oak Lane Ne
4691 Laurel Oak Lane Ne
4691 Laurel Oak Lane Ne
4691 Laurel Oak Lane Ne
4787 Palermo Ct Ne
4787 Palermo Ct Ne
623 Segovia Court Ne
4844 Napoli Ct Ne