11510 Lake Ridge Rd, Tampa
Hillsborough County Real Estate - Lutz
Lutz is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 19,344. Lutz is approximately 14 miles from Tampa (population 335,709) and around 25 miles from Clearwater Beach (population 107,685).
The median age for residents of Lutz is 43.3. Around 33.2% of Lutz households include school aged children and 23.7% of households include individuals aged 65 years or over. Census records indicate 88.7% of the Lutz population are White, 4.8% are Black or African American, .3% American Indian, 2.4% Asian and 2% are Two or more Races.
There are 7,822 housing units in Lutz. 572 (7.3%) of these were reported as vacant in the 2010 Census. There are 1,343 residential rental units in Lutz. 1,174 of them were occupied in 2010 providing a residential rental vacancy rate of 12.1%.
Lutz links:
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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 | |
|---|---|---|---|---|
| 11512 Lake Ridge Rd | Single Family | 2,018 | B |
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| 11508 Lake Ridge Rd | Single Family | 2,209 | B |
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| 11523 Areca Rd | Single Family | 2,116 | B |
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| 11521 Areca Rd | Single Family | 2,317 | B |
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| 11525 Areca Rd | Single Family | 2,661 | B |
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| 11514 Lake Ridge Rd | Single Family | 2,317 | B |
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| 11506 Lake Ridge Rd | Single Family | 2,091 | B |
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| 11519 Areca Rd | Single Family | 1,839 | B |
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| 11513 Lake Ridge Rd | Single Family | 2,730 | B |
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| 11507 Lake Ridge Rd | Single Family | 2,271 | B |
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| 11527 Areca Rd | Single Family | 2,140 | B |
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| 11504 Lake Ridge Rd | Single Family | 2,400 | B |
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| 11516 Lake Ridge Rd | Single Family | 2,210 | B |
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| 11517 Areca Rd | Single Family | 2,884 | B |
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| 11631 Carrollwood Dr | Single Family | 2,395 | B |
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| 11505 Lake Ridge Rd | Single Family | 2,278 | B |
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| 3102 Areca Cr | Single Family | 2,553 | B |
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| 11630 Carrollwood Dr | Single Family | 2,150 | B |
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| 3104 Cocos Rd | Single Family | 2,456 | B |
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| 11518 Areca Rd | Single Family | 1,937 | B |
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| 11502 Lake Ridge Rd | Single Family | 2,406 | B |
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| 11526 Areca Rd | Single Family | 2,082 | B |
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| 11513 Areca Rd | Single Family | 2,363 | B |
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| 11629 Carrollwood Dr | Single Family | 2,425 | B |
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| 3104 Areca Cr | Single Family | 1,840 | B |
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| 11628 Carrollwood Dr | Single Family | 2,773 | B |
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| 11510 Areca Rd | Single Family | 2,008 | B |
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| 3030 Graham Ln | Vacant Residential | 0 | L | |
| 3101 Mcfarland Rd | Single Family | 2,325 | B |
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| 3005 Sabal Rd | Single Family | 2,779 | B |
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| 11511 Areca Rd | Single Family | 2,506 | B |
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| 3013 Sabal Rd | Single Family | 2,240 | B |
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| 3101 Cocos Rd | Single Family | 2,311 | B |
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| 3103 Areca Cr | Single Family | 1,862 | B |
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| 11528 Areca Rd | Single Family | 2,240 | B |
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| 3007 Sabal Rd | Single Family | 2,305 | B |
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| 3103 Cocos Rd | Single Family | 2,409 | B |
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| 11627 Carrollwood Dr | Single Family | 2,241 | B |
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| 3103 Mcfarland Rd | Single Family | 3,188 | B |
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| 11626 Carrollwood Dr | Single Family | 2,228 | B |
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| 11508 Areca Rd | Single Family | 2,119 | B |
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| 3106 Areca Cr | Single Family | 2,630 | B |
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| 11509 Areca Rd | Single Family | 1,983 | 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 77 of all properties in this area. This suggests it would appeal to someone earning around $120,905 per year who should qualify for a mortgage between $241,810 and $302,263.
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 77 of all properties in this area. This corresponds to a rent of $1,141 per month and a monthly household income of $4,266 ($51,192 per year)
Nearby Companies
11505 Lake Ridge Rd
11505 Lake Ridge Rd
11505 Lake Ridge Rd
3101 Cocos Rd
11904 Lake Ridge Rd
3103 Mcfarland Rd
11509 Areca Rd
3108 Areca Cir
3108 Areca Cir
3108 Areca Cir
11514 Lake Ridge Rd
3107 Areca Cir
3018 Areca Cir