Invest in Pinellas County Beaches
Pinellas County Beaches
- Clearwater Beach
- St Pete Beach
- Treasure Island
- Madeira Beach
- Redington shores
- Redington Beach
- Indian Shores
- Indian Rocks Beach
1. Clearwater Beach is the best US beach according to Trip Adviser.
2. Investing in an Airbnb property in Pinellas County can make up to 12% cap rate for properties that cost less than $500,000. It is very possible to get 8-10% returns on traditional rental properties that cost around $250,000 according to Mashvisor.com.
3. Attracted by the sub-tropical climate and miles of white sand beaches, nearly 950,000 people have made Pinellas County their home. With an average of 360 days of sunshine each year and beaches ranked among the best in the U.S., the county is also the most popular tourist destination on the Gulf of Mexico, drawing nearly six million tourists annually.
4. Pinellas County lies at the center of the robust Tampa Bay market, which is expected to grow from its current population of 4 million to 6 million by 2030. The market’s significant economic clout is also evidenced by more than $70 billion in consumer spending and a labor force of 2 million. The region is ranked number 20 in the U.S. for job growth and also carries the country’s 13th largest media market.
Anchored by the urban markets of St. Petersburg and Clearwater, Pinellas has the second largest base of manufacturing employment in Florida. Fortune 500 technology manufacturers Jabil and Tech Data are headquartered here. This diverse yet symbiotic county has industry clusters, including aviation/aerospace; defense/national security; medical technologies; business and financial services; and information technology.
5. Pinellas offers an extraordinary quality of life with a relatively low cost of living. It also offers diverse housing options and high-quality colleges and universities. With its outstanding cultural, recreational and sports facilities, incomparable parks and beaches, and year round events, Pinellas provides a true resort lifestyle.
6. As an established community, Pinellas County’s significant infrastructure is already in place, including schools, utilities and roadways. Pinellas is also well connected with regional access provided via Interstate-275, two international airports, and the largest port in Florida. The Penny for Pinellas is a 1 cent sales surtax used to build and maintain the County’s infrastructure ensuring a great base for private sector investment.