INVESTimate
$352,795
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107 Pelican Dr PROPERTY INFO
FACTS
- Built In 1969
- Price/Sqft : $600.98
CONSTRUCTION
- Beds : 2
- Floor Size : 2,143 sqft
- Baths : 2 Full 1 Half
107 Pelican Dr SCHOOLS
Financial Details
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Anna Maria
Neighborhood : Anna Maria
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,245 per month.
MY RENT : $3,245 MEDIAN RENT : $3,088
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,245 would therefore be considered affordable for annual household incomes greater than $129,800 (12 months x 3.333 x $3,245).
HOUSEHOLD INCOME RANGE
Approximately 48 of households in this neighborhood have a total annual income of $129,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,245 per month.
MINIMUM INCOME RANGE : $129,800
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
Anna Maria Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 12.4% |
| Health Care & Social Assistance | 10.6% |
| Professional & Scientific Tech Services | 17.1% |
| Real Estate | 10.6% |
| Retail & Wholesale Trader | 8.8% |
| Transportation | 7.4% |
| Other | 33.2% |
AGE DISTRIBUTION
39% of the population is between the ages of 25 and 64, 14% is 24 or younger and 48% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 4.1% |
| 15-19 | 3.6% |
| 20-24 | 6.1% |
| 25-44 | 4.8% |
| 45-65 | 33.7% |
| 66+ | 47.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 6.5% |
| Computer Engineering | 8.9% |
| Management, Business, & Financial | 25.4% |
| Natural Resources Maintenance | 8.1% |
| Production & Transportation | 8.1% |
| Sales & Office | 29.4% |
| Other | 13.7% |
HIGHEST EDUCATION LEVEL
30% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.0% |
| Doctorate | 3.7% |
| High School | 27.5% |
| Masters Degree | 14.5% |
| Some College | 16.4% |
| Other | 28.9% |
107 Pelican Dr Comps
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107 Pelican Dr, Anna Maria, FL 34216 is a single family home of 2,143 sqft. HomeUnion INVESTimateĀ® for 107 Pelican Dr includes a Price Estimate of $1,287,907 and a Rent Estimate of $3,245. This single family home has 2 bedrooms,3 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 3.02% and Total Return of 14.63%. The estimated 1 year forecast in home value for 107 Pelican Dr is 8.07%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MANATEE County , or the 34216 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
