5306 Southwick 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 | |
|---|---|---|---|---|
| 5308 Southwick Dr | Single Family | 1,502 | B |
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| 5304 Southwick Dr | Single Family | 1,438 | B |
|
| 5316 Macbeth Ct | Single Family | 1,510 | B |
|
| 5310 Southwick Dr | Single Family | 1,562 | B |
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| 5314 Macbeth Ct | Single Family | 1,635 | B |
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| 5318 Macbeth Ct | Single Family | 1,478 | B |
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| 5302 Southwick Dr | Single Family | 1,510 | B |
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| 5312 Macbeth Ct | Single Family | 1,338 | B |
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| 5305 Southwick Dr | Single Family | 1,502 | B |
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| 5320 Macbeth Ct | Single Family | 1,320 | B |
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| 5307 Southwick Dr | Single Family | 1,327 | B |
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| 5312 Southwick Dr | Single Family | 1,512 | B |
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| 5303 Southwick Dr | Single Family | 1,338 | B |
|
| 5309 Southwick Dr | Single Family | 1,675 | B |
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| 5310 Macbeth Ct | Single Family | 1,438 | B |
|
| 5301 Southwick Dr | Single Family | 1,450 | B |
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| 5311 Southwick Dr | Single Family | 1,449 | B |
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| 5308 Macbeth Ct | Single Family | 1,475 | B |
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| 12717 Raeburn Wy | Single Family | 1,288 | B |
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| 5315 Macbeth Ct | Single Family | 1,465 | B |
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| 12719 Raeburn Wy | Single Family | 1,287 | B |
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| 5313 Macbeth Ct | Single Family | 1,698 | B |
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| 5317 Macbeth Ct | Single Family | 1,438 | B |
|
| 12703 Hampton Park Blvd | County Owned | 0 | L | |
| 12720 Raeburn Wy | Single Family | 1,288 | B |
|
| 5311 Macbeth Ct | Single Family | 1,430 | B |
|
| 5316 Southwick Dr | Single Family | 1,456 | B |
|
| 12710 Hampton Park Bv | Single Family | 1,509 | B |
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| 12712 Hampton Park Bv | Single Family | 1,681 | B |
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| 12715 Raeburn Wy | Single Family | 1,024 | B |
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| 5319 Macbeth Ct | Single Family | 1,433 | B |
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| 5313 Southwick Dr | Single Family | 1,640 | B |
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| 12718 Raeburn Wy | Single Family | 1,287 | B |
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| 12708 Hampton Park Bv | Single Family | 1,569 | B |
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| 12714 Hampton Park Bv | Single Family | 1,380 | B |
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| 5306 Macbeth Ct | Single Family | 1,528 | B |
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| 5309 Macbeth Ct | Single Family | 1,394 | B |
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| 12706 Hampton Park Bv | Single Family | 1,338 | B |
|
| 12713 Raeburn Wy | Single Family | 1,288 | B |
|
| 12716 Hampton Park Bv | Single Family | 1,506 | B |
|
| 12711 Raeburn Wy | Single Family | 1,288 | B |
|
| 5315 Southwick Dr | Single Family | 1,478 | B |
|
| 12704 Hampton Park Bv B | Single Family | 1,440 | B |
|
| 5318 Southwick Dr | Single Family | 1,338 | B |
|
| 5307 Macbeth Ct | Single Family | 1,468 | B |
|
| 12718 Hampton Park Bv | Single Family | 1,645 | B |
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| 12709 Raeburn Wy | Single Family | 1,109 | B |
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| 5304 Macbeth Ct | Single Family | 1,320 | B |
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| 5360 Southwick Dr | Single Family | 1,452 | 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 35 of all properties in this area. This suggests it would appeal to someone earning around $49,369 per year who should qualify for a mortgage between $98,738 and $123,423.
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 35 of all properties in this area. This corresponds to a rent of $825 per month and a monthly household income of $2,984 ($35,808 per year)
Nearby Companies
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12712 Trowbridge Ln
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