3818 Spruce Pine 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 | |
|---|---|---|---|---|
| 3816 Spruce Pine Dr | Single Family | 3,448 | B |
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| 3820 Spruce Pine Dr | Single Family | 2,943 | B |
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| 3821 Spruce Pine Dr | Single Family | 2,718 | B |
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| 3814 Spruce Pine Dr | Single Family | 3,156 | B |
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| 3822 Spruce Pine Dr | Single Family | 3,307 | B |
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| 3813 Spruce Pine Dr | Single Family | 2,819 | B |
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| 3824 Spruce Pine Dr | Single Family | 3,219 | B |
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| 3827 Spruce Pine Dr | Single Family | 2,736 | B |
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| 3812 Spruce Pine Dr | Single Family | 2,589 | B |
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| 3918 Cedar Cay Cr | Single Family | 2,596 | B |
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| 3916 Cedar Cay Cr | Single Family | 2,777 | B |
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| 3920 Cedar Cay Cr | Single Family | 2,922 | B |
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| 3807 Spruce Pine Dr | Single Family | 3,157 | B |
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| 4905 Carleigh Ln | Single Family | 3,090 | B |
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| 3826 Spruce Pine Dr | Single Family | 2,915 | B |
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| 3829 Spruce Pine Dr | Single Family | 3,146 | B |
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| 4906 Carleigh Ln | Single Family | 2,743 | B |
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| 3810 Spruce Pine Dr | Single Family | 2,750 | B |
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| 4903 Carleigh Ln | Single Family | 2,505 | B |
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| 3914 Cedar Cay Cr | Single Family | 2,651 | B |
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| 3922 Cedar Cay Cr | Single Family | 3,497 | B |
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| 3808 Spruce Pine Dr | Single Family | 3,196 | B |
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| 3828 Spruce Pine Dr | Single Family | 3,133 | B |
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| 3804 Turkey Oak Dr | Single Family | 3,100 | B |
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| 3806 Turkey Oak Dr | Single Family | 3,075 | 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 94 of all properties in this area. This suggests it would appeal to someone earning around $168,081 per year who should qualify for a mortgage between $336,162 and $420,203.
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 94 of all properties in this area. This corresponds to a rent of $1,509 per month and a monthly household income of $4,868 ($58,416 per year)
Nearby Companies
3818 Spruce Pine Dr
3826 Spruce Pine Dr
3826 Spruce Pine Dr
3910 Cedar Cay Cir