1116 Split Silk St, Valrico
Hillsborough County Real Estate - Valrico
Valrico is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 35,545. Valrico is approximately 13 miles from Tampa (population 335,709) and around 27 miles from Saint Petersburg (population 244,769).
The median age for residents of Valrico is 40.2. Around 39.4% of Valrico households include school aged children and 25.1% of households include individuals aged 65 years or over. Census records indicate 81.4% of the Valrico population are White, 8.7% are Black or African American, .2% American Indian, 3.9% Asian and 2.8% are Two or more Races.
There are 13,668 housing units in Valrico. 1,001 (7.3%) of these were reported as vacant in the 2010 Census. There are 2,126 residential rental units in Valrico. 1,943 of them were occupied in 2010 providing a residential rental vacancy rate of 8.3%.
Valrico 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 | |
|---|---|---|---|---|
| 1118 Split Silk St | Single Family | 3,097 | B |
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| 1114 Split Silk St | Single Family | 2,759 | B |
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| 1119 Lumsden Pointe Bv | Single Family | 1,974 | B |
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| 1121 Lumsden Pointe Bv | Single Family | 2,285 | B |
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| 1117 Lumsden Pointe Bv | Single Family | 2,358 | B |
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| 1123 Lumsden Pointe Bv | Single Family | 2,328 | B |
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| 1120 Split Silk St | Single Family | 2,562 | B |
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| 1112 Split Silk St | Single Family | 2,624 | B |
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| 1115 Lumsden Pointe Bv | Single Family | 1,807 | B |
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| 1117 Split Silk St | Single Family | 3,098 | B |
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| 1115 Split Silk St | Single Family | 3,076 | B |
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| 1125 Lumsden Pointe Bv | Single Family | 2,143 | B |
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| 1113 Lumsden Pointe Bv | Single Family | 2,132 | B |
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| 1119 Split Silk St | Single Family | 3,404 | B |
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| 1113 Split Silk St | Single Family | 2,780 | B |
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| 1127 Lumsden Pointe Bv | Single Family | 1,808 | B |
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| 1110 Split Silk St | Single Family | 2,613 | B |
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| 1111 Lumsden Pointe Bv | Single Family | 2,375 | B |
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| 1122 Split Silk St | Single Family | 3,464 | B |
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| 1121 Split Silk St | Single Family | 3,057 | B |
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| 1111 Split Silk St | Single Family | 3,509 | B |
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| 1120 Lumsden Pointe Bv | Single Family | 2,334 | B |
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| 1129 Lumsden Pointe Bv | Single Family | 2,336 | B |
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| 1118 Lumsden Pointe Bv | Single Family | 2,065 | B |
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| 1122 Lumsden Pointe Bv | Single Family | 2,376 | B |
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| 1109 Lumsden Pointe Bv | Single Family | 2,367 | B |
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| 1116 Lumsden Pointe Bv | Single Family | 2,176 | B |
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| 2005 Wexford Green Dr | Single Family | 3,008 | B |
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| 1124 Lumsden Pointe Bv | Single Family | 2,381 | B |
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| 1108 Split Silk St | Single Family | 2,750 | B |
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| 2007 Wexford Green Dr | Single Family | 3,664 | B |
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| 1114 Lumsden Pointe Bv | Single Family | 2,122 | B |
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| 2003 Wexford Green Dr | Single Family | 3,182 | B |
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| 1109 Split Silk St | Single Family | 2,596 | B |
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| 1126 Lumsden Pointe Bv | Single Family | 2,511 | B |
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| 1124 Split Silk St | Single Family | 3,504 | B |
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| 1107 Lumsden Pointe Bv | Single Family | 2,629 | B |
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| 1112 Lumsden Pointe Blvd | Single Family | 1,710 | B |
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| 1816 Greystone Heights Dr | Single Family | 2,056 | B |
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| 1818 Greystone Heights Dr | Single Family | 2,378 | B |
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| 2001 Wexford Green Dr | Single Family | 3,609 | B |
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| 1106 Split Silk St | Single Family | 2,611 | B |
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| 1820 Greystone Heights Dr | Single Family | 2,365 | B |
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| 1810 Greystone Heights Dr | Single Family | 2,619 | B |
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| 2009 Wexford Green Dr | Single Family | 3,900 | B |
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| 1704 Winn Arthur Dr | Single Family | 2,650 | B |
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| 1107 Split Silk St | Single Family | 3,130 | B |
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| 1706 Winn Arthur Dr | Single Family | 2,637 | B |
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| 1126 Split Silk St | Single Family | 3,279 | 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 91 of all properties in this area. This suggests it would appeal to someone earning around $150,177 per year who should qualify for a mortgage between $300,354 and $375,443.
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 91 of all properties in this area. This corresponds to a rent of $1,554 per month and a monthly household income of $5,482 ($65,784 per year)
Nearby Companies
1825 Greystone Height Dr
1133 Split Silk St
2003 Wexford Green Dr
1122 Lumsden Pointe Blvd
1108 Split Silk St
1105 Lumsden Pointe Blvd
1104 Lumsden Pointe Blvd