510 56th St, Holmes Beach
Manatee County Real Estate - Holmes Beach
Holmes Beach is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 3,836. Holmes Beach is approximately 35 miles from Tampa (population 335,709) and around 20 miles from Saint Petersburg (population 244,769).
The median age for residents of Holmes Beach is 60.6. Around 10.5% of Holmes Beach households include school aged children and 50.8% of households include individuals aged 65 years or over. Census records indicate 97.5% of the Holmes Beach population are White, .1% are Black or African American, .4% American Indian, .7% Asian and .6% are Two or more Races.
There are 4,173 housing units in Holmes Beach. 2,150 (51.5%) of these were reported as vacant in the 2010 Census. Holmes Beach is a tourist destination, 74.2% (1,597) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 922 residential rental units in Holmes Beach. 559 of them were occupied in 2010 providing a residential rental vacancy rate of 38.8%.
Holmes Beach 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 | |
|---|---|---|---|---|
| 512 56th St | Single Family | 2,298 | A |
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| 5601 Flotilla Dr | Multi-family - less than 10 units | 3,144 | A |
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| 509 56th St | Single Family | 1,066 | B |
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| 5607 Flotilla Dr | Single Family | 2,451 | B |
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| 514 56th St | Single Family | 1,549 | B |
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| 511 56th St | Single Family | 1,768 | B |
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| 501 58th St | Single Family | 1,742 | B |
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| 503 58th St | Single Family | 1,650 | B |
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| 516 56th St | Single Family | 1,903 | B |
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| 513 56th St | Multi-family - less than 10 units | 1,447 | B |
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| 515 56th St | Single Family | 1,592 | B |
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| 505 58th St | Single Family | 1,649 | B |
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| 517 56th St | Single Family | 1,036 | C |
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| 5501 Marina Dr | Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 3,204 | B |
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| 507 58th St | Single Family | 1,661 | B |
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| 518 56th St | Single Family | 1,288 | B |
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| 519 56th St | Single Family | 2,884 | B |
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| 509 58th St | Single Family | 2,668 | L |
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| 5801 Flotilla Dr | Single Family | 1,644 | B |
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| 504 58th St | Single Family | 1,540 | B |
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| 520 56th St | Single Family | 2,452 | B |
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| 521 56th St | Single Family | 2,173 | B |
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| 506 58th St | Single Family | 3,319 | B |
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| 5325 Marina Dr | Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 0 | L | |
| 5316 Sunrise Ln Unit A | Vacant Commercial | 0 | L | |
| 5318 Sunrise Ln Unit A | Vacant Commercial | 0 | L | |
| 5600 Marina Dr | Store, one story | 10,114 | B |
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| 5500 Marina Dr | Store, one story | 2,990 | C |
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| 5608 Marina Dr | Auto sales, auto repair and storage or auto service shop | 1,920 | C |
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| 511 58th St | Single Family | 2,067 | B |
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| 5803 Flotilla Dr | Single Family | 1,398 | B |
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Local Household Income
The median household income in this part of Florida is $54,523. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $131,721 per year. The top 1% earn more than $409,221 per year. Most renters earn between $27,912 (20th percentile) and $48,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,046 and $136,308.
The tax assessed value of this property places it in percentile 93 of all properties in this area. This suggests it would appeal to someone earning around $152,139 per year who should qualify for a mortgage between $304,278 and $380,348.
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 $912. Most renters earn between $2,326 and $4,031 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $717 (20th percentile) to $1,218 (80th percentile) range. The residential vacancy rate is 13%.
This property falls in percentile 93 of all properties in this area. This corresponds to a rent of $1,714 per month and a monthly household income of $5,175 ($62,100 per year)
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