850 S Tamiami Trl, Sarasota
Sarasota is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 51,917.
The median age for residents of Sarasota is 44.5. Around 20.6% of Sarasota households include school aged children and 36.2% of households include individuals aged 65 years or over. Census records indicate 75.4% of the Sarasota population are White, 15.1% are Black or African American, .4% American Indian, 1.3% Asian and 2.3% are Two or more Races.
There are 29,151 housing units in Sarasota. 6,009 (20.6%) of these were reported as vacant in the 2010 Census. Sarasota is a tourist destination, 47.4% (2,851) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,504 residential rental units in Sarasota. 10,031 of them were occupied in 2010 providing a residential rental vacancy rate of 12.1%.
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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 | |
|---|---|---|---|---|
| 855 S Tamiami Trl | Drive-in Restaurant | 3,079 | A |
 |
| 20118 Central / Pig Wig W | Community Shopping Center | 45,546 | B |
|
| 811 S Tamiami Trl | Hotel or motel | 23,584 | C |
|
| 891 S Tamiami Trl | Store, one story | 7,100 | B |
|
| 1931 - High Point Cir | Single Family | 1,478 | B |
|
| 2031 - Bay St | Vacant Commercial | 0 | A | |
| 950 S Tamiami Trl | Office building, non-professional service building, multi-story | 14,168 | B |
|
| 2075 - Browning St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 1909 - High Point Cir | Single Family | 1,626 | B |
|
| 1939 - High Point Dr | Single Family | 2,278 | B |
|
| 1901 - High Point Dr | Single Family | 636 | C |
|
Local Household Income
The median household income in this part of Florida is $66,530. The bottom 10% of the population earn less than $21,530 per year. The top 10% earn more than $193,777 per year. The top 1% earn more than $642,809 per year. Most renters earn between $32,208 (20th percentile) and $58,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $133,060 and $166,325.
The tax assessed value of this property places it in percentile 49 of all properties in this area. This suggests it would appeal to someone earning around $65,128 per year who should qualify for a mortgage between $130,256 and $162,820.
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 $1,030. Most renters earn between $2,684 and $4,861 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,457 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 49 of all properties in this area. This corresponds to a rent of $1,014 per month and a monthly household income of $3,639 ($43,668 per year)
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