Your Options For Housing In Tierra Verde Florida
Whether you are single, enjoying your retirement years or have a family, Tierra Verde FL has plenty of housing options for everyone. If you are new to the area or have lived here for years, finding a place to call home will not be a problem.
Tierra Verde
Tierra Verde is located in Pinellas County, Florida and has a population of just over 3,700, according to the last census. It’s situated on an island close to the entrance of Tampa Bay and is connected to St. Petersburg and St. Pete Beach by bridges that are part of the Pinellas Bayway. While the area is relatively small, only covering just under five square miles, there are several housing options available.
If you want to rent, you will pay a little higher than the national average. The average rent in Tierra Verde is about $1,573. One and two bedroom apartments are the easiest to find, while a three bedroom is a rare find. Each month, you can expect to pay anywhere around $800 and up for a one bedroom, and upwards of $3,300 for a two or three bedroom apartment. You will also want to plan your move way ahead of time as apartment units are limited and go fast as soon as they are available.
Single-family homes, townhouses, and condos have a much higher availability than apartment units, and almost 60% of them have three bedrooms or more. If you want to rent a home in Tierra Verde you will pay more than the national average for rent; however, homeowners pay less than the national average for mortgages. Buying a home may be in your best financial interest if you are interested in residing in Tierra Verde long-term.
Out of 1,975 housing units, 1,426 are owner-occupied. The median home price is $380,800 with the most expensive house for sale currently listed costing a cool 6.4 million dollars. If that’s a little steep for your pocketbook, you can buy a condo in a newly constructed building, expected to open in the spring of 2017. The condo has three bedrooms, four bathrooms, covers 2,721 square feet and has a price tag of 1.3 million dollars. But, don’t worry, not all homes cost over a million dollars. There are numerous options starting at around $199,999. You may find bargains on foreclosures or bank owned properties, these types of properties usually end up selling way below market value.
Tierra Verde, Florida is a great place to live and is home to white, sandy beaches, gorgeous palm trees, and a friendly, relaxed atmosphere. With low crime rates, sunny weather year-round, plenty of local amenities and a high income per capita, it is easy to see why Tierra Verde is the ninth best place to live in Florida.