3405 Picwood Rd, Tampa
Hillsborough County Real Estate - Tampa
Tampa
Tampa is Florida's third most populous city, behind Jacksonville and Miami. It is located on the west coast of Florida near The Gulf of Mexico in Hillsborough County. Service, retail, finance, insurance, shipping by air and sea, professional sports, tourism, real estate, and national defense play vital roles in Tampa's economy. Tampa is home to numerous Fortune 1000 companies, including OSI Restaurant Partners, Wellcare Health Plans, TECO Energy, and Raymond James Financial. The University of South Florida is also located in Tampa. Top employers in Tampa are Publix Supermarkets, Baycare Health Care Systems, Wal-mart, Verizon Communications Inc, TECO Energy Inc, and Ties Publishing Co.
Tampa is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 335,709.
The median age for residents of Tampa is 34.6. Around 30% of Tampa households include school aged children and 21% of households include individuals aged 65 years or over. Census records indicate 62.9% of the Tampa population are White, 26.1% are Black or African American, .3% American Indian, 3.4% Asian and 3.2% are Two or more Races. Tampa has a significant Hispanic population. 23% (77,472) of Tampa residents are of Hispanic or Latino origin. Of these 12.36% are of Mexican origin, 31.05% Puerto Rican, 27.48% Cuban and 29.09% are of other Hispanic or Latino origin.
There are 157,130 housing units in Tampa. 21,175 (13.4%) of these were reported as vacant in the 2010 Census. There are 75,684 residential rental units in Tampa. 65,602 of them were occupied in 2010 providing a residential rental vacancy rate of 12.9%.
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Hillsborough County
Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.
Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.
Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.
Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.
Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 3407 Picwood Rd | Single Family | 1,663 | B |
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| 3403 Picwood Rd | Single Family | 1,939 | B |
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| 3511 Nakora Dr | Single Family | 2,065 | B |
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| 3513 Nakora Dr | Single Family | 2,965 | B |
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| 3409 Picwood Rd | Single Family | 2,302 | B |
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| 3509 Nakora Dr | Single Family | 2,578 | B |
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| 3401 Picwood Rd | Single Family | 2,051 | B |
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| 3404 Picwood Rd | Single Family | 1,585 | B |
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| 3406 Picwood Rd | Single Family | 1,453 | B |
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| 3310 Carib Rd | Single Family | 1,749 | B |
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| 3515 Nakora Dr | Single Family | 2,243 | B |
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| 3507 Nakora Dr | Single Family | 1,880 | B |
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| 3402 Picwood Rd | Single Family | 1,789 | B |
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| 3408 Picwood Rd | Single Family | 1,865 | B |
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| 3411 Picwood Rd | Single Family | 1,843 | B |
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| 3410 Picwood Rd | Single Family | 1,621 | B |
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| 3505 Nakora Dr | Single Family | 1,725 | B |
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| 3517 Nakora Dr | Single Family | 2,196 | B |
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| 10810 Carrollwood Dr | Single Family | 2,433 | B |
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| 3402 Valencia Rd | Single Family | 2,104 | B |
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| 10812 Carrollwood Dr | Single Family | 2,301 | B |
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| 3413 Picwood Rd | Single Family | 1,513 | B |
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| 3514 Nakora Dr | Single Family | 1,864 | B |
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| 3516 Nakora Dr | Single Family | 2,033 | B |
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| 3512 Nakora Dr | Single Family | 2,238 | B |
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| 3325 Picwood Rd | Single Family | 2,597 | B |
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| 10808 Carrollwood Dr | Single Family | 1,628 | B |
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| 3518 Nakora Dr | Single Family | 1,906 | B |
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| 3412 Picwood Rd | Single Family | 1,940 | B |
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| 3510 Nakora Dr | Single Family | 2,575 | B |
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| 3503 Nakora Dr | Single Family | 2,026 | B |
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| 3311 Carib Rd | Single Family | 2,257 | B |
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| 3408 Valencia Rd | Single Family | 1,905 | B |
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| 10806 Carrollwood Dr | Single Family | 1,552 | B |
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| 3417 Picwood Rd | Single Family | 1,848 | B |
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| 3508 Nakora Dr | Single Family | 2,018 | B |
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| 10902 Carrollwood Dr | Single Family | 2,008 | B |
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| 10921 Orange Grove Dr | Single Family | 2,132 | B |
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| 10919 Orange Grove Dr | Single Family | 1,795 | B |
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| 3323 Picwood Rd | Single Family | 1,992 | B |
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| 3320 Picwood Rd | Single Family | 2,196 | B |
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| 10923 Orange Grove Dr | Single Family | 1,861 | B |
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| 3414 Picwood Rd | Single Family | 2,708 | B |
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| 10917 Orange Grove Dr | Single Family | 1,837 | B |
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| 3324 Valencia Rd | Single Family | 1,935 | B |
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| 3421 Picwood Rd | Single Family | 2,033 | B |
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| 10804 Carrollwood Dr | Single Family | 1,415 | B |
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| 3401 Valencia Rd | Single Family | 2,215 | B |
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| 3403 Valencia Rd | Single Family | 1,942 | B |
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Local Household Income
The median household income in this part of Florida is $70,427. The bottom 10% of the population earn less than $22,779 per year. The top 10% earn more than $184,529 per year. The top 1% earn more than $494,706 per year. Most renters earn between $31,992 (20th percentile) and $54,108 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $140,854 and $176,068.
The tax assessed value of this property places it in percentile 56 of all properties in this area. This suggests it would appeal to someone earning around $80,603 per year who should qualify for a mortgage between $161,206 and $201,508.
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 $922. Most renters earn between $2,666 and $4,509 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $720 (20th percentile) to $1,184 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 56 of all properties in this area. This corresponds to a rent of $966 per month and a monthly household income of $3,438 ($41,256 per year)
Nearby Companies
3411 Picwood Rd