707 Russell Ln 218, Brandon
Hillsborough County Real Estate - Brandon
Brandon is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 103,483.
The median age for residents of Brandon is 34.6. Around 34.6% of Brandon households include school aged children and 17.6% of households include individuals aged 65 years or over. Census records indicate 71.9% of the Brandon population are White, 16% are Black or African American, .3% American Indian, 3.4% Asian and 3.5% are Two or more Races. Brandon has a significant Hispanic population. 20.9% (21,687) of Brandon residents are of Hispanic or Latino origin. Of these 11.12% are of Mexican origin, 44.14% Puerto Rican, 12.4% Cuban and 32.32% are of other Hispanic or Latino origin.
There are 43,352 housing units in Brandon. 3,495 (8%) of these were reported as vacant in the 2010 Census. There are 18,583 residential rental units in Brandon. 16,957 of them were occupied in 2010 providing a residential rental vacancy rate of 8.5%.
Brandon 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 | |
|---|---|---|---|---|
| 707 Russell Ln 217 | Condominium | 1,030 | B |
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| 707 Russell Ln 219 | Condominium | 1,030 | B |
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| 709 Russell Ln 223 | Condominium | 1,030 | B |
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| 705 Russell Ln 213 | Condominium | 1,030 | B |
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| 705 Russell Ln 214 | Condominium | 1,030 | B |
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| 709 Russell Ln 222 | Condominium | 1,030 | B |
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| 705 Russell Ln 212 | Condominium | 1,030 | B |
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| 706 Oakgrove Dr 224 | Condominium | 1,114 | B |
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| 709 Russell Ln 220 | Condominium | 1,030 | B |
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| 702 Oakgrove Dr 228 | Condominium | 1,114 | B |
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| 701 Russell Ln 208 B | Condominium | 1,114 | B |
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| 701 Russell Ln 209 | Condominium | 1,114 | B |
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| 704 Oakgrove Dr D 227 | Condominium | 1,114 | B |
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| 124 N Kings Av 207 | Condominium | 1,030 | B |
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| 702 Oakgrove Dr 229 | Condominium | 1,114 | B |
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| 705 Russell Ln 215 | Condominium | 1,030 | B |
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| 706 Oakgrove Dr D225 | Condominium | 1,114 | B |
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| 703 Russell Ln B 210 | Condominium | 1,114 | B |
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| 712 Oakgrove Dr 230 | Condominium | 785 | B |
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| 708 Oakgrove Dr E 233 | Condominium | 785 | B |
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| 122 N Kings Av 203 | Condominium | 1,030 | B |
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| 709 Russell Ln C 221 | Condominium | 1,030 | B |
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| 707 Russell Ln 216 | Condominium | 1,030 | B |
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| 704 Oakgrove Dr 226d | Condominium | 1,114 | B |
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| 124 N Kings Av 204 A | Condominium | 1,030 | B |
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| 708 Oakgrove Dr E 232 | Condominium | 716 | B |
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| 716 Oakgrove Dr 234 | Condominium | 939 | B |
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| 122 N Kings Av 202 | Condominium | 1,030 | B |
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| 124 N Kings Av 205 | Condominium | 1,030 | B |
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| 716 Oakgrove Dr 235 | Condominium | 939 | B |
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| 703 Russell Ln 211 | Condominium | 1,114 | B |
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| 712 Oakgrove Dr 231e | Condominium | 716 | B |
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| 711 Russell Ln 238 | Condominium | 939 | B |
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| 809 Russell Ln 196 | Condominium | 782 | B |
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| 809 Russell Ln 197 | Condominium | 785 | B |
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| 711 Russell Ln 237 | Condominium | 939 | B |
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| 716 Oakgrove Dr 239 F | Condominium | 939 | B |
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| 809 Russell Ln 195 | Condominium | 1,114 | B |
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| 124 N Kings Av 206 | Condominium | 1,030 | B |
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| 716 Oakgrove Dr 236 | Condominium | 939 | B |
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| 122 N Kings Av 200 | Condominium | 1,030 | B |
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| 716 Oakgrove Dr 240 | Condominium | 939 | B |
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| 711 Russell Ln 243 | Condominium | 939 | B |
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| 809 Russell Ln 191 | Condominium | 1,114 | B |
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| 122 N Kings Av 201 | Condominium | 1,030 | B |
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| 711 Russell Ln F 241 | Condominium | 939 | B |
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| 809 Russell Ln 192 | Condominium | 1,114 | B |
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| 711 Russell Ln 242f | Condominium | 939 | B |
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| 802 Oakgrove Dr 244 | Condominium | 939 | B |
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Local Household Income
The median household income in this part of Florida is $62,971. The bottom 10% of the population earn less than $20,087 per year. The top 10% earn more than $143,996 per year. The top 1% earn more than $388,913 per year. Most renters earn between $34,980 (20th percentile) and $57,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $125,942 and $157,428.
The tax assessed value of this property places it in percentile 7 of all properties in this area. This suggests it would appeal to someone earning around $15,818 per year who should qualify for a mortgage between $31,636 and $39,545.
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 $1,031. Most renters earn between $2,915 and $4,781 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $820 (20th percentile) to $1,325 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 7 of all properties in this area. This corresponds to a rent of $656 per month and a monthly household income of $2,292 ($27,504 per year)
Nearby Companies
801 Russell Ln