5200 40th St 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 | |
|---|---|---|---|---|
| 5222 40th St S | Single Family | 1,509 | B |
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| 5198 40th St S | Single Family | 2,090 | B |
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| 5151 39th St S | Single Family | 1,798 | B |
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| 5131 39th St S | Single Family | 1,684 | B |
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| 5179 39th St S | Single Family | 1,709 | B |
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| 5201 40th St S | Single Family | 1,432 | B |
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| 5188 40th St S | Single Family | 1,878 | B |
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| 5244 40th St S | Single Family | 2,106 | B |
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| 5201 39th St S | Single Family | 1,675 | B |
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| 5235 40th St S | Single Family | 1,520 | B |
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| 5101 39th St S | Single Family | 2,501 | B |
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| 5197 40th St S | Single Family | 2,302 | B |
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| 5225 39th St S | Single Family | 2,366 | B |
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| 5166 40th St S | Single Family | 2,131 | B |
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| 5266 40th St S | Single Family | 1,977 | B |
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| 5188 39th St S | Single Family | 2,176 | B |
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| 5198 39th St S | Single Family | 2,060 | B |
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| 5177 40th St S | Single Family | 1,976 | B |
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| 5263 40th St S | Single Family | 2,443 | B |
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| 5226 41st St S | Single Family | 2,386 | B |
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| 5166 39th St S | Single Family | 2,223 | B |
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| 5097 39th St S | Single Family | 2,664 | B |
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| 5200 41st St S | Single Family | 1,930 | B |
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| 5200 39th St S | Single Family | 2,048 | B |
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| 5249 39th St S | Single Family | 2,307 | B |
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| 5232 39th St S | Single Family | 1,348 | B |
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| 5250 41st St S | Single Family | 1,841 | B |
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| 5144 39th St S | Single Family | 1,488 | B |
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| 5248 39th St S | Single Family | 1,791 | B |
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| 5153 40th St S | Single Family | 2,066 | B |
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| 5288 40th St S | Single Family | 1,700 | B |
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| 5196 41st St S | Single Family | 2,048 | B |
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| 5144 40th St S | Single Family | 1,953 | B |
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| 5285 40th St S | Single Family | 1,919 | B |
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| 5254 39th St S | Single Family | 1,693 | B |
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| 3840 50th Ave S | Single Family | 2,092 | B |
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| 5275 39th St S | Single Family | 1,926 | B |
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| 3848 50th Ave S | Single Family | 2,557 | B |
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| 5095 39th St S | Single Family | 2,736 | B |
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| 5122 39th St S | Single Family | 2,486 | B |
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| 3824 50th Ave S | Single Family | 2,519 | B |
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| 5276 41st St S | Single Family | 1,807 | B |
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| 5174 41st St S | Single Family | 1,674 | B |
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| 5270 39th St S | Single Family | 1,804 | B |
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| 3856 50th Ave S | Single Family | 2,096 | B |
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| 5135 40th St S | Single Family | 1,895 | B |
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| 5095 38th Way S | Single Family | 1,689 | B |
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| 5101 38th Way S | Single Family | 1,474 | B |
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| 5122 40th St S | Single Family | 1,716 | 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 63 of all properties in this area. This suggests it would appeal to someone earning around $79,359 per year who should qualify for a mortgage between $158,718 and $198,398.
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 63 of all properties in this area. This corresponds to a rent of $1,075 per month and a monthly household income of $3,626 ($43,512 per year)
Nearby Companies
5286 39th St S
5276 41st Street South
5144 38th Way S
5222 40th Street South
5122 40th Street South
3956 53 Ave S