627 6th Ave N, 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 | |
|---|---|---|---|---|
| 625 6th Ave N | Multi-family - less than 10 units | 2,389 | B |
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| 629 6th Ave N | Single Family | 1,065 | B |
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| 633 6th Ave N | Single Family | 1,206 | B |
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| 620 6th St N | Single Family | 1,025 | B |
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| 624 6th St N | Multi-family - less than 10 units | 1,480 | B |
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| 635 6th Ave N | Single Family | 2,560 | B |
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| 557 6th Ave N | Multi-family - less than 10 units | 3,328 | B |
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| 622 7th Ave N | Multi-family - less than 10 units | 2,263 | B |
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| 548 6th St N | Single Family | 1,914 | B |
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| 626 7th Ave N | Single Family | 1,145 | B |
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| 620 6th Ave N | Multi-family - less than 10 units | 1,479 | B |
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| 625 6th St N | Single Family | 1,186 | B |
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| 610 7th Ave N | Multi-family - less than 10 units | 1,256 | B |
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| 634 6th St N | Single Family | 1,022 | B |
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| 607 7th St N | Single Family | 984 | B |
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| 630 6th Ave N | Single Family | 1,411 | B |
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| 636 7th Ave N | Single Family | 1,700 | B |
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| 553 6th Ave N | Multi-family - less than 10 units | 2,548 | B |
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| 605 7th St N | Single Family | 1,069 | B |
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| 645 6th Ave N | Single Family | 1,148 | B |
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| 646 7th Ave N | Single Family | 1,700 | B |
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| 556 6th Ave N | Multi-family - less than 10 units | 1,053 | B |
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| 540 7th Ave N | Multi-family - less than 10 units | 909 | B |
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| 0 7th St N | Vacant Residential | 0 | L | |
| 636 6th Ave N | Single Family | 1,668 | B |
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| 556 7th Ave N | Single Family | 1,398 | B |
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| 528 6th St N | Single Family | 2,367 | B |
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| 535 6th Ave N | Single Family | 2,603 | B |
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| 554 6th Ave N | Multi-family - less than 10 units | 1,107 | B |
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| 619 Earle Ave N | Multi-family - less than 10 units | 2,495 | B |
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| 656 7th Ave N | Multi-family - less than 10 units | 1,751 | B |
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| 644 6th Ave N | Multi-family - less than 10 units | 3,533 | B |
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| 524 6th St N | Single Family | 1,066 | B |
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| 621 Earle Ave N | Multi-family - less than 10 units | 1,907 | B |
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| 530 7th Ave N | Multi-family - less than 10 units | 2,001 | B |
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| 532 6th Ave N | Multi-family - less than 10 units | 1,934 | B |
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| 535 6th St N | Multi-family - less than 10 units | 3,065 | B |
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| 702 6th St N | Multi-family - less than 10 units | 2,114 | B |
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| 625 Earle Ave N | Single Family | 1,486 | B |
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| 525 6th Ave N | Single Family | 1,108 | B |
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| 627 7th Ave N | Multi-family - less than 10 units | 4,095 | C |
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| 647 Earle Ave N | Single Family | 1,638 | B |
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| 700 7th Ave N | Office building, non-professional service building, one story | 2,557 | B |
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| 633 7th Ave N | Multi-family - less than 10 units | 3,531 | B |
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| 710 6th St N | Single Family | 1,110 | B |
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| 649 7th Ave N | Multi-family - less than 10 units | 3,125 | B |
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| 557 7th Ave N | Multi-family - less than 10 units | 2,000 | B |
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| 655 7th Ave N | Multi-family - less than 10 units | 2,000 | B |
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| 525 6th St N | Single Family | 1,821 | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $95,389 per year who should qualify for a mortgage between $190,778 and $238,473.
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 71 of all properties in this area. This corresponds to a rent of $1,089 per month and a monthly household income of $3,483 ($41,796 per year)
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