5931 Cherry Oak Dr, Valrico
Hillsborough County Real Estate - Durant
Durant is in the Tampa Bay region of Florida. Durant is approximately 17 miles from Tampa (population 335,709) and around 29 miles from Saint Petersburg (population 244,769).
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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 | |
|---|---|---|---|---|
| 5933 Cherry Oak Dr | Single Family | 3,011 | B |
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| 5929 Cherry Oak Dr | Single Family | 3,935 | B |
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| 5927 Cherry Oak Dr | Single Family | 3,087 | B |
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| 5935 Cherry Oak Dr | Single Family | 3,967 | B |
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| 5932 Cherry Oak Dr | Single Family | 3,754 | B |
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| 5930 Cherry Oak Dr | Single Family | 3,555 | B |
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| 5928 Cherry Oak Dr | Single Family | 3,102 | B |
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| 5925 Cherry Oak Dr | Single Family | 2,907 | B |
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| 5937 Cherry Oak Dr | Single Family | 2,714 | B |
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| 5936 Cherry Oak Dr | Single Family | 3,285 | B |
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| 5926 Cherry Oak Dr | Single Family | 3,729 | B |
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| 5924 Cherry Oak Dr | Single Family | 3,087 | B |
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| 5939 Cherry Oak Dr | Single Family | 2,688 | B |
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| 5923 Cherry Oak Dr | Single Family | 4,289 | B |
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| 5940 Cherry Oak Dr | Single Family | 3,526 | B |
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| 5922 Cherry Oak Dr | Single Family | 2,925 | B |
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| 5941 Cherry Oak Dr | Single Family | 3,774 | B |
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| 5921 Cherry Oak Dr | Single Family | 3,759 | B |
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| 5918 Cherry Oak Dr | Single Family | 3,600 | B |
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| 5943 Cherry Oak Dr | Single Family | 3,831 | B |
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Local Household Income
The median household income in this part of Florida is $59,143. The bottom 10% of the population earn less than $18,085 per year. The top 10% earn more than $139,373 per year. The top 1% earn more than $416,104 per year. Most renters earn between $25,644 (20th percentile) and $46,584 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,286 and $147,858.
The tax assessed value of this property places it in percentile 98 of all properties in this area. This suggests it would appeal to someone earning around $303,272 per year who should qualify for a mortgage between $606,544 and $758,180.
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 $877. Most renters earn between $2,137 and $3,882 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $662 (20th percentile) to $1,192 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 98 of all properties in this area. This corresponds to a rent of $2,029 per month and a monthly household income of $6,487 ($77,844 per year)
Nearby Companies
5930 Cherry Oak Dr
5932 Cherry Oak Dr
5943 Cherry Oak Dr