401 Magellan Dr, Sarasota
Manatee County Real Estate - Tallevast
Tallevast is in the Tampa Bay region of Florida. Tallevast is approximately 38 miles from Tampa (population 335,709) and around 26 miles from Saint Petersburg (population 244,769).
Tallevast links:
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Manatee County
Manatee County is part of the Tampa Bay region of Florida, along with Sarasota, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Incorporated cities and towns in Manatee County include the county seat of Bradenton, Anna Maria, Bradenton Beach, Holmes Beach, Palmetto, and Longboat Key. The county?s population is over 300,000.
Major industries include retail trade, agriculture, tourism, and retirement. Other important parts of the Manatee County economy are manufacturing, agribusiness, and fishing. The cost of living in Manatee County is slightly higher than the rest of the state.
Manatee County's largest private sector employers are Bealls Inc., Manatee Memorial Hospital, Tropicana Products, Inc., and Publix. Major public sector employers are Manatee County School District, Manatee County Government, and Manatee County Sheriff?s Department. Bealls of Florida is headquartered in Manatee County.
The county seat is Bradenton, an old-Florida town that dates to the 1880s. As such, tourism is a strong economic driver, with tourists enjoying the warm weather and maritime recreation such as fishing. Bradenton also hosts a Tropicana juice production facility.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 6951 Magellan Way | Single Family | 1,673 | B |
 |
| 405 Magellan Dr | Single Family | 1,560 | B |
|
| 6950 Magellan Way | Single Family | 2,449 | B |
|
| Magellan Way | Vacant Residential | 0 | L | |
| 359 Magellan Dr | Single Family | 2,616 | B |
|
| 6931 Magellan Way | Single Family | 1,411 | C |
|
| 6915 Magellan Way | Single Family | 3,263 | B |
|
| 6946 Magellan Way | Single Family | 2,648 | B |
|
| 6907 Magellan Way | Single Family | 1,446 | B |
|
| 355 Magellan Dr | Single Family | 2,192 | B |
|
| 6942 Magellan Way | Single Family | 1,637 | B |
|
| 6903 Magellan Way | Single Family | 1,492 | B |
|
| 351 Magellan Dr | Single Family | 2,654 | B |
|
| 6938 Magellan Way | Single Family | 1,534 | C |
|
| 6926 Magellan Way | Single Family | 1,817 | B |
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| 6918 Magellan Way | Single Family | 3,366 | B |
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| 6922 Magellan Way | Single Family | 2,210 | B |
|
| 6914 Magellan Way | Single Family | 1,786 | B |
|
| 6934 Magellan Way | Single Family | 1,823 | B |
|
| 6910 Magellan Way | Single Family | 1,983 | B |
|
| 347 Magellan Dr | Single Family | 1,555 | B |
|
| 6906 Magellan Way | Single Family | 2,229 | B |
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| 6930 Magellan Way | Single Family | 1,614 | B |
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| 419 Magellan Dr | Vacant Residential | 0 | L | |
| 6902 Magellan Way | Single Family | 2,086 | B |
|
Local Household Income
The median household income in this part of Florida is $67,706. The bottom 10% of the population earn less than $21,315 per year. The top 10% earn more than $170,131 per year. The top 1% earn more than $473,548 per year. Most renters earn between $29,388 (20th percentile) and $60,564 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,412 and $169,265.
The tax assessed value of this property places it in percentile 46 of all properties in this area. This suggests it would appeal to someone earning around $61,800 per year who should qualify for a mortgage between $123,600 and $154,500.
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 $984. Most renters earn between $2,449 and $5,047 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $697 (20th percentile) to $1,482 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 46 of all properties in this area. This corresponds to a rent of $928 per month and a monthly household income of $3,250 ($39,000 per year)
Nearby Companies
6918 Magellan Way
6902 Magellan Way
355 Magellan Dr
6950 Magellan Way