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%.

Tampa links:

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

AddressTypeSq FtClass 
7141 Pelican Island Dr Single Family 2,848 B
7145 Pelican Island Dr Single Family 3,131 B
7144 Pelican Island Dr Single Family 2,240 B
7138 Pelican Island Dr Single Family 3,712 B
7147 Pelican Island Dr Single Family 4,198 A
7139 Pelican Island Dr Single Family 4,122 A
7146 Pelican Island Dr Single Family 3,507 B
7148 Pelican Island Dr Single Family 2,413 B
3926 Americana Dr Single Family 2,317 B
7002 Pelican Island Dr Single Family 2,887 B
3928 Americana Dr Single Family 2,407 B
3903 Sand Dollar Pl Single Family 3,262 B
3924 Americana Dr Single Family 2,616 B
7137 Pelican Island Dr Single Family 5,486 A
3930 Americana Dr Single Family 2,146 B
4014 Dana Shores Dr Single Family 2,432 B
7135 Pelican Island Dr Single Family 4,070 B
7008 Pelican Island Dr Single Family 2,663 B
3922 Americana Dr Single Family 3,139 B
7133 Pelican Island Dr Single Family 3,099 B
4012 Dana Shores Dr Single Family 2,011 B
3920 Americana Dr Single Family 2,216 B
7131 Pelican Island Dr Single Family 5,798 A
7005 Pelican Island Dr Single Family 3,969 A
3902 Sand Dollar Pl Single Family 2,577 B
7003 Pelican Island Dr Single Family 3,852 A
3927 Americana Dr Single Family 5,125 B
3918 Americana Dr Single Family 2,442 B
7001 Pelican Island Dr Single Family 2,692 B
3904 Sand Dollar Pl Single Family 3,729 B
3925 Americana Dr Single Family 3,410 B
7129 Pelican Island Dr Single Family 4,001 B
3929 Americana Dr Single Family 2,731 B
7007 Pelican Island Dr Single Family 2,904 B
3923 Americana Dr Single Family 2,543 B

Local Household Income

The median household income in this part of Florida is $77,068. The bottom 10% of the population earn less than $24,181 per year. The top 10% earn more than $197,060 per year. The top 1% earn more than $544,729 per year. Most renters earn between $36,528 (20th percentile) and $65,028 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $154,136 and $192,670.

The tax assessed value of this property places it in percentile 95 of all properties in this area. This suggests it would appeal to someone earning around $307,906 per year who should qualify for a mortgage between $615,812 and $769,765.

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 $1,073. Most renters earn between $3,044 and $5,419 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $832 (20th percentile) to $1,444 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 95 of all properties in this area. This corresponds to a rent of $2,044 per month and a monthly household income of $7,598 ($91,176 per year)

Nearby Companies

Cohen Consulting Group, LLC
7137 Pelican Island Dr
Fcop Investments LLC
7131 Pelican Island Dr
Peteville Farms, LLC
3924 Americana Dr
Vortecom, LLC
3925 Americana Dr
Klassika, LLC
3927 Americana Dr
Jea Medical LLC
3927 Americana Dr
Naps Medical LLC
3927 Americana Dr
Stanford Development Corp.
7147 Pelican Island Dr
Dwc Development Services LLC
4012 Dana Shores Dr
Letsync LLC
7001 Pelican Island Dr
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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