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:

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 
706 Lexington Bv Vacant Residential 0 L
12906 Taliaferro Av Single Family 822 B
701 E 130th Ave County Owned 0 L
704 Lexington Bv Single Family 1,235 B
12904 Taliaferro Av Mobile Home 410 B
802 Lexington Bv Single Family 953 B
803 E 130th Av Vacant Residential 0 L
705 Lexington Bv Single Family 1,941 B
801 E Lexington Bv Single Family 1,537 B
708 E 129th Av Single Family 1,343 B
710 E 129th Av Single Family 758 B
702 Lexington Bv Vacant Residential 0 L
706 E 129th Av Single Family 1,159 B
714 E 130th Av Single Family 728 B
806 Lexington Bv Single Family 1,303 B
805 E 130th Av Vacant Residential 0 L
701 E Lexington Blvd Single Family 1,505 B
802 E 130th Av Vacant Residential 0 L
712 E 130th Av Single Family 728 B
715 E 131st Av Utility 0 L
802 E 129th Av Single Family 760 B
704 E 129th Av Single Family 623 B
807 E 130th Av Single Family 744 B
12903 Taliaferro Av Vacant Residential 0 L
702 E 129th Av Single Family 1,601 B
702 E 130th Av Single Family 953 B
13007 N Taliaferro Av Vacant Residential 0 L
807 Lexington Bv Single Family 1,386 B
806 E 129 Av Single Family 1,315 B
709 E 129th Av Single Family 1,134 B
711 E 131st Av Single Family 763 B
707 E 129th Av Single Family 750 B
711 E 129th Av Single Family 780 B
806 E 130th Ave Vacant Residential 0 L
705 E 129th Av Mobile Home 1,296 B
809 E 130th Av Single Family 582 B
705 E 131st Av Single Family 1,219 B
801 E 129th Av Single Family 770 B
703 E 131st Av Single Family 1,229 B
13009 Taliaferro Av Single Family 900 B
810 E 129th Av Single Family 854 B
810 Lexington Bv Single Family 1,481 B
701 E 129th Av County Owned 0 L
811 Lexington Blvd Single Family 1,447 B
701 E 131st Av Single Family 890 B
812 E 130th Av Single Family 1,050 B
710 Hoffman Bv Single Family 882 B
712 Hoffman Bv Single Family 852 B
803 E 131st Av Single Family 2,289 B

Local Household Income

The median household income in this part of Florida is $63,952. The bottom 10% of the population earn less than $16,148 per year. The top 10% earn more than $183,335 per year. The top 1% earn more than $569,870 per year. Most renters earn between $26,388 (20th percentile) and $48,576 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,904 and $159,880.

The tax assessed value of this property places it in percentile 32 of all properties in this area. This suggests it would appeal to someone earning around $40,162 per year who should qualify for a mortgage between $80,324 and $100,405.

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 $898. Most renters earn between $2,199 and $4,048 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $675 (20th percentile) to $1,240 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 32 of all properties in this area. This corresponds to a rent of $775 per month and a monthly household income of $2,510 ($30,120 per year)

Nearby Companies

Downwind Cloud Software, LLC
12105 Lexington Park Dr
Creative Solutions Of Tampa Bay, LLC
12281 Lexington Park Dr
Jose Castillo Painting Corp
714 Hoffman Blvd
Disclaimers and Disclosures

Public Records Data

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