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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

51 Island Way 1105 Clearwater Beach, FL 33767

0 Beds 0 Baths 680 sqft Built 1978
Last updated:  Nov 28, 2019

INVESTimate

$237,112

$222K - $252K

Price Est.

$1,733

$1.5K - $2.0K

Rent Est.

$244,889  ( +3.28%)   1 YR EST. FORECAST
  
  
  

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51 Island Way 1105 PROPERTY INFO

FACTS
  • Built In 1978
  • Price/Sqft : $348.69
CONSTRUCTION
  • Beds : 0
  • Floor Size : 680 sqft
  • Baths : 0 Full

51 Island Way 1105 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SANDY LANE ELEMENTARY SCHOOL Primary Regular 413 35 2
DUNEDIN HIGHLAND MIDDLE SCHOOL Middle Magnet 1,220 76 6
CLEARWATER HIGH SCHOOL High Regular 1,984 119 3

SANDY LANE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 413
  • # of teachers: 35
2
GreatSchools Rating

DUNEDIN HIGHLAND MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,220
  • # of teachers: 76
6
GreatSchools Rating

CLEARWATER HIGH SCHOOL

  • Education Level: High
  • # of students: 1,984
  • # of teachers: 119
3
GreatSchools Rating
 

Financial Details

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Neighborhood

CLEARWATER BEACH

  • 8,120

    POPULATION
  • 4,301

    HOUSEHOLDS
  • 85.8%

    WHITE COLLAR

Neighborhood : CLEARWATER BEACH

HOUSEHOLDS
4,301
POPULATION

8,120

20.2%Renters
79.8%Home Owners
LABOR FORCE

 

85.8%White Collar
14.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,733 per month.

MY RENT : $1,733 MEDIAN RENT : $2,111

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $1,733 would therefore be considered affordable for annual household incomes greater than $69,320 (12 months x 3.333 x $1,733).

Rent % Affordability
Above $500 85.6%
Above $700 79.1%
Above $1,100 67.5%
Above $1,500 56.6%
Above $1,900 47.5%
HOUSEHOLD INCOME RANGE

Approximately 1,832 of households in this neighborhood have a total annual income of $69,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,733 per month.

MINIMUM INCOME RANGE : $69,320

Income % Distribution
<$20K 14.4%
$20K-$35K 11.7%
$35K-$60K 17.4%
$60K-$100K 20.1%
>=$100K 36.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 24% 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 3.3%
5-9 mins 10.2%
10-14 mins 10.1%
15-19 mins 8.2%
20-29 mins 24.4%
30-44 mins 27.4%
45-59 mins 7.2%
>60 mins 9.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,733 per month.

MY RENT : $1,733 MEDIAN RENT : $2,111

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $1,733 would therefore be considered affordable for annual household incomes greater than $69,320 (12 months x 3.333 x $1,733).

Rent % Affordability
Above $500 85.6%
Above $700 79.1%
Above $1,100 67.5%
Above $1,500 56.6%
Above $1,900 47.5%
HOUSEHOLD INCOME RANGE

Approximately 1,832 of households in this neighborhood have a total annual income of $69,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,733 per month.

MINIMUM INCOME RANGE : $69,320

Income % Distribution
<$20K 14.4%
$20K-$35K 11.7%
$35K-$60K 17.4%
$60K-$100K 20.1%
>=$100K 36.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 24% 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 3.3%
5-9 mins 10.2%
10-14 mins 10.1%
15-19 mins 8.2%
20-29 mins 24.4%
30-44 mins 27.4%
45-59 mins 7.2%
>60 mins 9.2%

CLEARWATER BEACH Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.7%
Educational Services 6.8%
Health Care & Social Assistance 12.7%
Professional & Scientific Tech Services 13.7%
Real Estate 8.1%
Retail & Wholesale Trader 20.0%
Other 29.1%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 10% is 24 or younger and 45% is 65 or older.

Age % Distribution
<15 4.7%
15-19 2.7%
20-24 3.0%
25-44 10.2%
45-65 34.1%
66+ 45.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.9%
Healthcare 8.7%
Legal 4.8%
Management, Business, & Financial 35.9%
Protect 4.1%
Sales & Office 31.1%
Other 11.5%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.1%
High School 22.3%
Masters Degree 12.3%
Professional 5.1%
Some College 20.6%
Other 31.6%

51 Island Way 1105 Comps

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51 Island Way 1105, Clearwater Beach, FL 33767 is a single family home of 680 sqft. HomeUnion INVESTimateĀ® for 51 Island Way 1105 includes a Price Estimate of $237,112 and a Rent Estimate of $1,733. This single family home has 0 bedrooms,0 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 8.77% and Total Return of 21.44%. The estimated 1 year forecast in home value for 51 Island Way 1105 is 3.28%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PINELLAS County , or the 33767 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33756
  2. 33755
  3. 34698