13243 Pike Lake Dr, Riverview
Hillsborough County Real Estate - Balm
Balm is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 1,457. Balm is approximately 18 miles from Tampa (population 335,709) and around 23 miles from Saint Petersburg (population 244,769).
The median age for residents of Balm is 31.7. Around 47.7% of Balm households include school aged children and 17.4% of households include individuals aged 65 years or over. Census records indicate 71.1% of the Balm population are White, 15.3% are Black or African American, .1% American Indian, 1.5% Asian and 1.9% are Two or more Races. Balm has a significant Hispanic population. 31% (452) of Balm residents are of Hispanic or Latino origin. Of these 55.08% are of Mexican origin, 23% Puerto Rican, 6.63% Cuban and 15.26% are of other Hispanic or Latino origin.
There are 520 housing units in Balm. 55 (10.5%) of these were reported as vacant in the 2010 Census. There are 104 residential rental units in Balm. 86 of them were occupied in 2010 providing a residential rental vacancy rate of 17.3%.
Balm 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 | |
|---|---|---|---|---|
| 13245 Pike Lake Dr | Single Family | 1,740 | B |
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| 13241 Pike Lake Dr | Single Family | 1,740 | B |
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| 13247 Pike Lake Dr | Single Family | 1,683 | B |
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| 13239 Pike Lake Dr | Single Family | 1,660 | B |
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| 13249 Pike Lake Dr | Single Family | 1,497 | B |
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| 13242 Pike Lake Dr | Single Family | 1,272 | B |
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| 13244 Pike Lake Dr | Single Family | 1,683 | B |
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| 13237 Pike Lake Dr | Single Family | 1,497 | B |
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| 13215 Pike Lake Dr | Single Family | 1,297 | B |
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| 13213 Pike Lake Dr | Single Family | 2,305 | B |
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| 13246 Pike Lake Dr | Single Family | 1,227 | B |
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| 13240 Pike Lake Dr | Single Family | 1,740 | B |
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| 13217 Pike Lake Dr | Single Family | 1,203 | B |
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| 13211 Pike Lake Dr | Single Family | 1,816 | B |
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| 13507 Prestwick Dr | Single Family | 1,411 | B |
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| 13251 Pike Lake Dr | Single Family | 1,771 | B |
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| 13248 Pike Lake Dr | Single Family | 1,203 | B |
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| 13209 Pike Lake Dr | Single Family | 2,284 | B |
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| 13236 Pike Lake Dr | Single Family | 1,215 | B |
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| 13509 Prestwick Dr | Single Family | 1,740 | B |
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| 13235 Pike Lake Dr | Single Family | 2,381 | B |
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| 13250 Pike Lake Dr | Single Family | 1,691 | B |
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| 13511 Prestwick Dr | Single Family | 1,496 | B |
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| 13241 Prestwick Creek Dr | Single Family | 1,546 | B |
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| 13239 Prestwick Creek Rd | Single Family | 1,366 | B |
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| 13234 Pike Lake Dr | Single Family | 1,740 | B |
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| 13243 Prestwick Creek Rd | Single Family | 1,288 | B |
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| 13207 Pike Lake Dr | Single Family | 2,268 | B |
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| 13237 Prestwick Creek Rd | Single Family | 1,736 | B |
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| 13513 Prestwick Dr | Single Family | 1,690 | B |
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| 13245 Prestwick Creek Dr | Single Family | 2,251 | B |
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| 13235 Prestwick Creek Rd | Single Family | 1,296 | B |
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| 13214 Pike Lake Dr | Single Family | 1,683 | B |
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| 13216 Pike Lake Dr | Single Family | 1,701 | B |
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| 13515 Prestwick Dr | Single Family | 1,376 | B |
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| 13212 Pike Lake Dr | Single Family | 1,740 | B |
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| 13504 Prestwick Dr | Single Family | 2,251 | B |
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| 13502 Prestwick Dr | Single Family | 1,313 | B |
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| 13506 Prestwick Dr | Single Family | 1,370 | B |
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| 13218 Pike Lake Dr | Single Family | 1,244 | B |
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| 13232 Pike Lake Dr | Single Family | 1,650 | B |
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| 13210 Pike Lake Dr | Single Family | 2,251 | B |
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| 13508 Prestwick Dr | Single Family | 1,203 | B |
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| 13233 Prestwick Creek Rd | Single Family | 1,660 | B |
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| 13220 Pike Lake Dr | Single Family | 2,251 | B |
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| 13510 Prestwick Dr | Single Family | 1,207 | B |
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| 13228 Pike Lake Dr | Single Family | 1,272 | B |
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| 13517 Prestwick Dr | Single Family | 1,748 | B |
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| 13226 Pike Lake Dr | Single Family | 2,264 | B |
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Local Household Income
The median household income in this part of Florida is $72,152. The bottom 10% of the population earn less than $24,531 per year. The top 10% earn more than $165,574 per year. The top 1% earn more than $462,912 per year. Most renters earn between $31,116 (20th percentile) and $63,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $144,304 and $180,380.
The tax assessed value of this property places it in percentile 76 of all properties in this area. This suggests it would appeal to someone earning around $116,534 per year who should qualify for a mortgage between $233,068 and $291,335.
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 $1,158. Most renters earn between $2,593 and $5,281 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $728 (20th percentile) to $1,773 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 76 of all properties in this area. This corresponds to a rent of $1,659 per month and a monthly household income of $5,146 ($61,752 per year)