12856 Coverdale Dr, 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 | |
|---|---|---|---|---|
| 12854 Coverdale Dr | Single Family | 1,466 | B |
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| 12858 Coverdale Dr | Single Family | 1,321 | B |
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| 12852 Coverdale Dr | Single Family | 1,513 | B |
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| 5225 Lowell Rd | Single Family | 1,744 | B |
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| 12853 Coverdale Dr | Single Family | 1,337 | B |
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| 12850 Coverdale Dr | Single Family | 1,297 | B |
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| 12855 Coverdale Dr | Single Family | 1,484 | B |
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| 12851 Coverdale Dr | Single Family | 1,476 | B |
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| 5229 Lowell Rd | Single Family | 2,262 | B |
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| 12849 Coverdale Dr | Single Family | 1,381 | B |
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| 12848 Coverdale Dr | Single Family | 1,430 | B |
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| 5345 Southwick Dr | Single Family | 1,552 | B |
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| 5343 Southwick Dr | Single Family | 1,502 | B |
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| 12847 Coverdale Dr | Single Family | 1,508 | B |
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| 12801 Millridge Forest St | Single Family | 1,468 | B |
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| 12803 Millridge Forest St | Single Family | 1,477 | B |
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| 12846 Coverdale Dr | Single Family | 1,478 | B |
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| 12805 Millridge Forest St | Single Family | 1,503 | B |
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| 5347 Southwick Dr | Single Family | 1,463 | B |
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| 12845 Coverdale Dr | Single Family | 1,363 | B |
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| 12807 Millridge Forest St | Single Family | 1,494 | B |
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| 5349 Southwick Dr | Single Family | 1,338 | B |
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| 5250 Lowell Rd | Mobile Home | 1,870 | B |
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| 5221 Lowell Rd | Single Family | 2,506 | B |
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| 12809 Millridge Forest St | Single Family | 1,358 | B |
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| 12844 Coverdale Dr | Single Family | 1,242 | B |
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| 5341 Southwick Dr | Single Family | 1,503 | B |
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| 12843 Coverdale Dr | Single Family | 1,505 | B |
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| 5351 Southwick Dr | Single Family | 1,441 | B |
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| 5238 Lowell Rd | Mobile Home | 1,616 | B |
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| 12811 Millridge Forest St | Single Family | 1,518 | B |
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| 5222 Creekmore Ln | Single Family | 1,473 | B |
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| 12842 Coverdale Dr | Single Family | 1,553 | B |
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| 5353 Southwick Dr | Single Family | 1,383 | B |
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| 5217 Lowell Rd | Single Family | 1,970 | B |
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| 5339 Southwick Dr | Single Family | 1,455 | B |
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| 12839 Coverdale Dr | Single Family | 1,528 | B |
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| 12813 Millridge Forest St | Single Family | 1,401 | B |
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| 5224 Creekmore Ln | Single Family | 1,723 | B |
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| 12804 Millridge Forest St | Single Family | 1,482 | B |
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| 12802 Millridge Forest St | Single Family | 1,519 | B |
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| 5220 Creekmore Ln | Single Family | 1,741 | B |
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| 12806 Millridge Forest St | Single Family | 1,468 | B |
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| 5346 Southwick Dr | Single Family | 1,438 | B |
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| 12808 Millridge Forest St | Single Family | 1,338 | B |
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| 5355 Southwick Dr | Single Family | 1,652 | B |
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| 5228 Lowell Rd | Mobile Home | 1,576 | B |
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| 12815 Millridge Forest St | Single Family | 1,320 | B |
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| 5348 Southwick Dr | Single Family | 1,468 | 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 48 of all properties in this area. This suggests it would appeal to someone earning around $66,960 per year who should qualify for a mortgage between $133,920 and $167,400.
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 48 of all properties in this area. This corresponds to a rent of $907 per month and a monthly household income of $3,268 ($39,216 per year)
Nearby Companies
5352 Southwick Dr
12718 Hampton Park Blvd
5345 Southwick Dr
12858 Coverdale Dr
7950 W Mcnab Rd
12854 Coverdale Dr
5221 Lowell Rd
5220 Creekmore Ln
12852 Coverdale Dr