2568 Regal River Rd, 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 | |
|---|---|---|---|---|
| 2572 Regal River Rd | Single Family | 3,705 | B |
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| 2566 Regal River Rd | Single Family | 4,077 | B |
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| 2503 Regal River Rd | Single Family | 4,765 | B |
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| 2567 Regal River Rd | Single Family | 4,173 | B |
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| 2574 Regal River Rd | Single Family | 4,239 | B |
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| 2569 Regal River Rd | Single Family | 3,601 | B |
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| 2505 Regal River Rd | Single Family | 4,254 | B |
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| 2565 Regal River Rd | Single Family | 4,269 | B |
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| 2571 Regal River Rd | Single Family | 3,399 | B |
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| 2562 Regal River Rd | Single Family | 4,513 | B |
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| 2573 Regal River Rd | Single Family | 3,697 | B |
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| 2563 Regal River Rd | Single Family | 4,383 | B |
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| 2576 Regal River Rd | Single Family | 3,107 | B |
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| 2512 Regal River Rd | Single Family | 4,294 | B |
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| 2575 Regal River Rd | Single Family | 4,694 | B |
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| 3948 Lithia Pinecrest Rd | County Owned | 0 | L | |
| 2536 Mason Oaks Dr | Single Family | 3,239 | B |
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| 2538 Mason Oaks Dr | Single Family | 4,680 | B |
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| 2561 Regal River Rd | Single Family | 3,722 | B |
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| 2560 Regal River Rd | Single Family | 4,383 | B |
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| 2534 Mason Oaks Dr | Single Family | 4,978 | B |
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| 2514 Regal River Rd | Single Family | 4,248 | B |
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| 2577 Regal River Rd | Single Family | 3,150 | B |
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| 2540 Mason Oaks Dr | Single Family | 3,365 | B |
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| 2532 Mason Oaks Dr | Single Family | 3,792 | B |
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| 3908 Ryalwood Ct | Single Family | 3,697 | B |
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| 3909 Ryalwood Ct | Single Family | 3,812 | B |
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| 2559 Regal River Rd | Single Family | 4,270 | B |
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| 2558 Regal River Rd | Single Family | 4,285 | B |
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| 2511 Regal River Rd | Single Family | 4,676 | 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 99 of all properties in this area. This suggests it would appeal to someone earning around $388,913 per year who should qualify for a mortgage between $777,826 and $972,283.
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 99 of all properties in this area. This corresponds to a rent of $3,014 per month and a monthly household income of $8,005 ($96,060 per year)
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