4540 Bimini Dr, Bradenton
Manatee County Real Estate - Cortez
Cortez is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 4,241. Cortez is approximately 36 miles from Tampa (population 335,709) and around 21 miles from Saint Petersburg (population 244,769).
The median age for residents of Cortez is 64.2. Around 8.8% of Cortez households include school aged children and 60.9% of households include individuals aged 65 years or over. Census records indicate 97.5% of the Cortez population are White, .6% are Black or African American, 0% American Indian, .6% Asian and .6% are Two or more Races.
There are 3,465 housing units in Cortez. 1,181 (34%) of these were reported as vacant in the 2010 Census. Cortez is a tourist destination, 77.2% (912) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 554 residential rental units in Cortez. 429 of them were occupied in 2010 providing a residential rental vacancy rate of 22%.
Cortez 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 | |
---|---|---|---|---|
4532 Bimini Dr | Single Family | 1,826 | B | |
4604 Bimini Dr | Single Family | 1,880 | B | |
4535 Bimini Dr | Single Family | 2,081 | B | |
4528 Bimini Dr | Single Family | 1,994 | B | |
4531 Bimini Dr | Single Family | 1,567 | B | |
4610 Bimini Dr | Single Family | 1,936 | B | |
4527 Bimini Dr | Single Family | 2,363 | B | |
4607 Bimini Dr | Single Family | 2,119 | B | |
4524 Bimini Dr | Single Family | 2,048 | B | |
4612 Bimini Dr | Single Family | 1,606 | B | |
4523 Bimini Dr | Single Family | 1,638 | B | |
4611 Bimini Dr | Single Family | 1,948 | B | |
4520 Bimini Dr | Single Family | 1,834 | B | |
4536 Coral Blvd | Single Family | 2,130 | B | |
4530 Coral Blvd | Single Family | 1,959 | B | |
4519 Bimini Dr | Single Family | 2,230 | B | |
4604 Coral Blvd | Single Family | 2,054 | B | |
4528 Coral Blvd | Single Family | 1,650 | B | |
4703 Bimini Dr | Single Family | 2,355 | B | |
4608 Coral Blvd | Single Family | 1,477 | B | |
4516 Bimini Dr | Single Family | 1,606 | B | |
4524 Coral Blvd | Single Family | 1,848 | B | |
4515 Bimini Dr | Single Family | 1,653 | B | |
4708 Bimini Dr | Single Family | 2,568 | B | |
4704 Coral Blvd | Single Family | 1,304 | B | |
4520 Coral Blvd | Single Family | 1,816 | 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 97 of all properties in this area. This suggests it would appeal to someone earning around $358,568 per year who should qualify for a mortgage between $717,136 and $896,420.
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 97 of all properties in this area. This corresponds to a rent of $2,714 per month and a monthly household income of $8,424 ($101,088 per year)
Nearby Companies
4540 Bimini Dr
4604 Bimini Dr
4607 Bimini Dr
4519 Bimini Dr
4535 Bimini Dr
4523 Mount Vernon Dr