873 Newton 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 | |
|---|---|---|---|---|
| 885 Newton Ave S | Single Family | 1,215 | C |
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| 886 14th Ave S | Single Family | 1,695 | B |
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| 1416 Highland St S | Single Family | 630 | C |
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| 888 14th Ave S | Single Family | 1,255 | C |
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| 870 14th Ave S | Single Family | 1,293 | B |
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| 859 Newton Ave S | Multi-family - less than 10 units | 2,861 | B |
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| 1400 Dr Ml King Jr St S | Church | 1,032 | B |
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| Highland St S | Vacant Residential | 0 | L | |
| 860 14th Ave S | Multi-family - less than 10 units | 1,259 | B |
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| 860 Newton Ave S | Single Family | 758 | C |
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| 845 Newton Ave S | Multi-family - less than 10 units | 2,350 | C |
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| 850 14th Ave S | Single Family | 876 | C |
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| 1453 Highland St S | Single Family | 908 | C |
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| Highland Ave S | Vacant Residential | 0 | L | |
| 850 Newton Ave S | Single Family | 1,195 | B |
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| 0 Highland St S | Vacant Residential | 0 | L | |
| 1326 Dr Ml King Jr St S | Mixed use - store and office or store and residential or residential combination | 2,740 | B |
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| 863 14th Ave S | Multi-family - less than 10 units | 3,020 | B |
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| 1460 Dr Ml King Jr St S | Store, one story | 1,299 | B |
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| 844 14th Ave S | Single Family | 1,138 | B |
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| 1448 Highland St S | Multi-family - less than 10 units | 1,872 | C |
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| 875 15th Ave S | Multi-family - less than 10 units | 1,468 | C |
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| 873 15th Ave S | Single Family | 1,804 | B |
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| 830 Newton Ave S | Single Family | 1,229 | C |
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| 855 14th Ave S | Multi-family - less than 10 units | 1,610 | B |
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| 835 Newton Ave S | Single Family | 1,297 | B |
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| 859 15th Ave S | Single Family | 1,377 | B |
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| 836 14th Ave S | Single Family | 1,143 | B |
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| 853 15th Ave S | Single Family | 1,240 | B |
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| 1333 Dr Ml King Jr St S | Mixed use - store and office or store and residential or residential combination | 4,553 | C |
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| 828 Newton Ave S | Single Family | 1,229 | C |
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| 1401 Dr Ml King Jr St S | Single Family | 1,051 | C |
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| 845 14th Ave S | Single Family | 1,204 | B |
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| 827 Newton Ave S | Single Family | 1,419 | C |
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| 1310 Dr Ml King Jr St S | Office building, non-professional service building, one story | 2,294 | B |
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| 843 15th Ave S | Single Family | 1,194 | C |
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| 882 13th Ave S | Single Family | 1,312 | B |
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| 826 14th Ave S | Single Family | 1,364 | B |
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| 888 13th Ave S | Single Family | 1,333 | B |
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| 876 13th Ave S | Single Family | 1,235 | B |
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| 866 13th Ave S | Multi-family - less than 10 units | 1,022 | C |
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| 835 14th Ave S | Single Family | 1,164 | C |
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| 826 Newton Ave S | Single Family | 1,131 | C |
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| 860 13th Ave S | Single Family | 1,409 | C |
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| 15th Ave S | Vacant Residential | 0 | L | |
| 821 Newton Ave S | Single Family | 828 | C |
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| 1327 Dr Ml King Jr St S | Office building, non-professional service building, one story | 2,798 | B |
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| 1300 Dr Ml King Jr St S | Multi-family - less than 10 units | 2,320 | B |
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| 820 14th Ave S | Single Family | 1,278 | 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 35 of all properties in this area. This suggests it would appeal to someone earning around $43,621 per year who should qualify for a mortgage between $87,242 and $109,053.
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 35 of all properties in this area. This corresponds to a rent of $738 per month and a monthly household income of $2,480 ($29,760 per year)
Nearby Companies
1301 Dr Martin Luther King Jr Sts
886 14th Ave S
875 13th Avenue South
875 13th Avenue South
921 Newton Ave South
1460 Dr Mlk Jr South
850 Newton Ave S