501 - Ravenna St, Venice
Sarasota County Real Estate - Venice
Venice is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 20,748. Venice is approximately 14 miles from North Port (population 57,357) and around 24 miles from Port Charlotte (population 54,392).
The median age for residents of Venice is 67.6. Around 6.6% of Venice households include school aged children and 67.7% of households include individuals aged 65 years or over. Census records indicate 97.2% of the Venice population are White, .6% are Black or African American, .1% American Indian, .7% Asian and .7% are Two or more Races.
There are 17,328 housing units in Venice. 5,733 (33%) of these were reported as vacant in the 2010 Census. Venice is a tourist destination, 70.9% (4,065) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,702 residential rental units in Venice. 2,995 of them were occupied in 2010 providing a residential rental vacancy rate of 17.3%.
Venice links:
Links
Sarasota County
Sarasota County is part of the Tampa Bay Region along withManatee, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Sarasota County consists of the cities of Sarasota, Venice, and North Port, and the Town of Longboat Key. The county is home to over 375,000 people.
Top industries are education and health services, leisure and hospitality, retail trade, and professional and business services. Targeted sectors are clean technology/green business, film/entertainment, life sciences, light manufacturing, and sports/ ecotourism.
Sarasota County has three higher education facilities: New College of Florida, University of South Florida Sarasota-Manatee, and Ringling College of Art and Design. Public sector employers for Sarasota County include the School Board of Sarasota County, Sarasota County Government, and Sarasota Memorial Hospital. Main private employers are PGT Industries, Sun Hydraulics Corporation, Tervis, FCCI Insurance, and Protocol Communications.
At the south end of the county is North Port, a master-planned community that was incorporated in 1959. The 75-square-mile city is home to more than 50,000 people and growing. The city is primarily a bedroom community.
Home to just over 50,000, Sarasota is the county seat. Once the winter home of the famed Ringling Brothers Circus, two of the Ringling brothers invested in Sarasota, establishing a cultural scene stronger than what would be expected of a city its size. The economy is diversified, strong in healthcare and administrative services. Boar?s Head Provision Company is headquartered in the city.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 505 - Ravenna St | Single Family | 1,558 | B |
 |
| 500 S Harbor Dr | Single Family | 1,597 | B |
|
| 408 - Verona St | Single Family | 1,541 | C |
|
| 509 - Ravenna St | Single Family | 1,563 | B |
|
| 510 S Harbor Dr | Single Family | 1,377 | C |
|
| 439 - West Gate Dr | Single Family | 1,788 | B |
|
| 441 - West Gate Dr | Single Family | 1,907 | B |
|
| 436 S Harbor Dr | Single Family | 2,911 | B |
|
| 514 S Harbor Dr | Single Family | 1,472 | C |
|
| 443 - West Gate Dr | Single Family | 1,825 | B |
|
| 431 - Ravenna St | Single Family | 1,310 | C |
|
| 515 - Ravenna St | Single Family | 1,900 | B |
|
| 437 - West Gate Dr | Single Family | 1,437 | B |
|
| 432 S Harbor Dr | Single Family | 1,380 | B |
|
| 516 S Harbor Dr | Single Family | 2,448 | B |
|
| 445 - West Gate Dr | Single Family | 1,863 | B |
|
| 425 - Ravenna St | Single Family | 1,104 | C |
|
| 520 - Ravenna St | Single Family | 3,001 | B |
|
| 424 S Harbor Dr | Single Family | 1,520 | B |
|
| 440 - West Gate Dr | Single Family | 1,980 | B |
|
| 442 - West Gate Dr | Single Family | 3,095 | A |
|
| 518 S Harbor Dr | Single Family | 1,256 | C |
|
| 438 - West Gate Dr | Single Family | 1,864 | B |
|
| 422 - Ravenna St | Single Family | 1,024 | B |
|
| 444 - West Gate Dr | Single Family | 1,619 | B |
|
| 501 S Harbor Dr | Single Family | 2,932 | A |
|
| 421 - Ravenna St | Single Family | 1,085 | C |
|
| 505 S Harbor Dr | Single Family | 1,579 | B |
|
| 436 - West Gate Dr | Single Family | 1,792 | B |
|
| 509 S Harbor Dr | Single Family | 936 | B |
|
| 420 - Harbor Dr | Single Family | 1,568 | B |
|
| 437 S Harbor Dr | Single Family | 1,974 | B |
|
| 408 - Gulf St | Single Family | 1,767 | B |
|
| 446 - West Gate Dr | Single Family | 1,968 | B |
|
| 418 - Gulf St | Single Family | 14,450 | B |
|
| 430 - West Gate Dr | Single Family | 1,514 | B |
|
| 524 S Harbor Dr | Single Family | 1,556 | C |
|
| 433 S Harbor Dr | Single Family | 3,248 | B |
|
| 517 S Harbor Dr | Hotel or motel | 3,141 | B |
|
| 407 - Maggiore Rd | Single Family | 1,215 | B |
|
| - Beach Park Blvd | Vacant Residential | 0 | L | |
| 505 - Beach Park Blvd | Single Family | 1,360 | C |
|
| 434 - West Gate Dr | Single Family | 1,927 | B |
|
| 509 - Beach Park Blvd | Single Family | 1,344 | C |
|
| 437 - Beach Park Blvd | Single Family | 919 | C |
|
| 429 - Harbor Dr | Single Family | 748 | C |
|
| 401 - Maggiore Rd | Single Family | 1,300 | B |
|
| 519 S Harbor Dr | Hotel or motel | 3,793 | B |
|
| 513 - Beach Park Blvd | Single Family | 1,175 | C |
|
Local Household Income
The median household income in this part of Florida is $61,806. The bottom 10% of the population earn less than $23,306 per year. The top 10% earn more than $157,137 per year. The top 1% earn more than $500,941 per year. Most renters earn between $31,296 (20th percentile) and $53,952 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $123,612 and $154,515.
The tax assessed value of this property places it in percentile 78 of all properties in this area. This suggests it would appeal to someone earning around $105,461 per year who should qualify for a mortgage between $210,922 and $263,653.
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 $1,012. Most renters earn between $2,608 and $4,496 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $776 (20th percentile) to $1,413 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 78 of all properties in this area. This corresponds to a rent of $1,371 per month and a monthly household income of $4,283 ($51,396 per year)