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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

12924 Gulf Blvd 209 Madeira Beach, FL 33708

0 Beds 0 Baths 1,005 sqft Built 1979
Last updated:  Nov 28, 2019

INVESTimate

$321,148

$310K - $332K

Price Est.

$1,684

$1.5K - $1.9K

Rent Est.

$337,751  ( +5.17%)   1 YR EST. FORECAST
  
  
  

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12924 Gulf Blvd 209 PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $319.55
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,005 sqft
  • Baths : 0 Full

12924 Gulf Blvd 209 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ORANGE GROVE ELEMENTARY SCHOOL Primary Regular 414 27 6
SEMINOLE MIDDLE SCHOOL Middle Regular 1,252 77 6
SEMINOLE HIGH SCHOOL High Regular 2,151 111 7

ORANGE GROVE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 414
  • # of teachers: 27
6
GreatSchools Rating

SEMINOLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,252
  • # of teachers: 77
6
GreatSchools Rating

SEMINOLE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,151
  • # of teachers: 111
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Mitchell's Beach

  • 1,135

    POPULATION
  • 594

    HOUSEHOLDS
  • 61.3%

    WHITE COLLAR

Neighborhood : Mitchell's Beach

HOUSEHOLDS
594
POPULATION

1,135

33.1%Renters
66.9%Home Owners
LABOR FORCE

 

61.3%White Collar
38.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,684 per month.

MY RENT : $1,684 MEDIAN RENT : $1,799

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 9.3%
>=$1,500 90.7%
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 $1,684 would therefore be considered affordable for annual household incomes greater than $67,360 (12 months x 3.333 x $1,684).

Rent % Affordability
Above $500 85.4%
Above $700 70.8%
Above $1,100 59.4%
Above $1,500 48.1%
Above $1,900 34.9%
HOUSEHOLD INCOME RANGE

Approximately 185 of households in this neighborhood have a total annual income of $67,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,684 per month.

MINIMUM INCOME RANGE : $67,360

Income % Distribution
<$20K 14.6%
$20K-$35K 22.9%
$35K-$60K 14.3%
$60K-$100K 25.3%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.2%
5-9 mins 13.6%
10-14 mins 24.7%
15-19 mins 4.7%
20-29 mins 14.2%
30-44 mins 26.6%
45-59 mins 13.4%
>60 mins 2.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,684 per month.

MY RENT : $1,684 MEDIAN RENT : $1,799

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 9.3%
>=$1,500 90.7%
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 $1,684 would therefore be considered affordable for annual household incomes greater than $67,360 (12 months x 3.333 x $1,684).

Rent % Affordability
Above $500 85.4%
Above $700 70.8%
Above $1,100 59.4%
Above $1,500 48.1%
Above $1,900 34.9%
HOUSEHOLD INCOME RANGE

Approximately 185 of households in this neighborhood have a total annual income of $67,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,684 per month.

MINIMUM INCOME RANGE : $67,360

Income % Distribution
<$20K 14.6%
$20K-$35K 22.9%
$35K-$60K 14.3%
$60K-$100K 25.3%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.2%
5-9 mins 13.6%
10-14 mins 24.7%
15-19 mins 4.7%
20-29 mins 14.2%
30-44 mins 26.6%
45-59 mins 13.4%
>60 mins 2.6%

Mitchell's Beach Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.7%
Arts & Entertainment 15.8%
Educational Services 8.1%
Financial Industries 14.2%
Retail & Wholesale Trader 17.5%
Transportation 12.8%
Other 23.8%
AGE DISTRIBUTION

64% of the population is between the ages of 25 and 64, 10% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 5.2%
15-19 1.9%
20-24 3.0%
25-44 14.3%
45-65 50.0%
66+ 25.6%
OCCUPATION

Occupation % Distribution
Construction 9.0%
Education 4.2%
Management, Business, & Financial 16.6%
Natural Resources Maintenance 6.3%
Production & Transportation 20.1%
Sales & Office 32.2%
Other 11.6%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 30.1%
Masters Degree 7.3%
Some College 20.0%
Some High School 9.7%
Other 21.4%

12924 Gulf Blvd 209 Comps

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12924 Gulf Blvd 209, Madeira Beach, FL 33708 is a single family home of 1,005 sqft. HomeUnion INVESTimateĀ® for 12924 Gulf Blvd 209 includes a Price Estimate of $321,148 and a Rent Estimate of $1,684. This single family home has 0 bedrooms,0 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 6.29% and Total Return of 20.90%. The estimated 1 year forecast in home value for 12924 Gulf Blvd 209 is 5.17%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PINELLAS County , or the 33708 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33706
  2. 33716
  3. 33710