297 7th 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 | |
|---|---|---|---|---|
| 295 7th St S | Condominium | 1,185 | B |
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| 299 7th St S | Condominium | 1,185 | B |
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| 293 7th St S | Condominium | 1,185 | B |
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| 291 7th St S | Condominium | 1,185 | B |
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| 675 3rd Ave S | Condominium | 1,300 | B |
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| 676 2nd Ave S | Office building, non-professional service building, one story | 3,972 | B |
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| 637 3rd Ave S | Multi-family - less than 10 units | 2,326 | B |
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| 646 2nd Ave S | Office building, non-professional service building, one story | 7,396 | B |
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| 660 3rd Ave S | Home for the aged | 5,928 | B |
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| 711 3rd Ave S | Hotel or motel | 26,925 | B |
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| 634 2nd Ave S | Light manufacturing | 5,798 | B |
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| 644 3rd Ave S | Multi-family - 10 units or more | 8,045 | B |
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| 620 3rd Ave S | Single Family | 1,889 | B |
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| 316 7th St S | Single Family | 961 | B |
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| 0 7th St S | Vacant Commercial | 0 | L | |
| 618 3rd Ave S | Single Family | 1,889 | B |
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| 617 3rd Ave S | Single Family | 1,436 | B |
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| 638 3rd Ave S | Multi-family - less than 10 units | 5,232 | B |
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| 720 2nd Ave S | Office building, non-professional service building, one story | 5,279 | B |
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| 0 3rd Ave S | Vacant Residential | 0 | L | |
| 615 3rd Ave S | Single Family | 1,555 | B |
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| 616 3rd Ave S | Single Family | 1,889 | B |
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| 309 7th St S | Multi-family - less than 10 units | 3,925 | C |
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| 613 3rd Ave S | Single Family | 1,555 | B |
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| 614 3rd Ave S | Single Family | 1,889 | B |
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| 324 7th St S | Single Family | 2,377 | B |
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| 724 2nd Ave S | Office building, non-professional service building, one story | 7,372 | B |
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| 611 3rd Ave S | Single Family | 1,555 | B |
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| 317 7th St S | Multi-family - less than 10 units | 2,479 | B |
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| 609 3rd Ave S | Single Family | 1,555 | B |
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| 701 Charles Ct S | Single Family | 1,225 | B |
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| 630 3rd Ave S | Single Family | 1,889 | B |
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| 742 2nd Ave S | Office building, non-professional service building, one story | 480 | B |
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| 703 Charles Ct S | Single Family | 1,225 | B |
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| 607 3rd Ave S | Single Family | 1,555 | B |
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| 628 3rd Ave S | Single Family | 1,889 | B |
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| 705 Charles Ct S | Single Family | 1,225 | B |
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| 626 3rd Ave S | Single Family | 1,889 | B |
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| 605 3rd Ave S | Single Family | 1,555 | B |
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| 707 Charles Ct S | Single Family | 1,225 | B |
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| 624 3rd Ave S | Single Family | 1,889 | B |
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| 332 7th St S | Multi-family - less than 10 units | 3,903 | B |
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| 610 3rd Ave S | Multi-family - less than 10 units | 4,241 | B |
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| 709 Charles Ct S | Single Family | 1,225 | B |
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| 622 3rd Ave S | Single Family | 1,889 | B |
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| 728 3rd Ave S | Multi-family - 10 units or more | 8,235 | B |
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| 201 6th St S 302 | Condominium | 371 | B |
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| 201 6th St S 206 | Condominium | 361 | B |
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| 201 6th St S 205 | Condominium | 371 | 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 48 of all properties in this area. This suggests it would appeal to someone earning around $58,425 per year who should qualify for a mortgage between $116,850 and $146,063.
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 48 of all properties in this area. This corresponds to a rent of $852 per month and a monthly household income of $2,818 ($33,816 per year)
Nearby Companies
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