Learn more about Palm River-Clair Mel FL Homes for Sale. Palm River-Clair Mel is an area that brings together two different communities, which are Palm River and Clair Mel City. It is an area that has been census designated. You will find Palm River-Clair Mel in Hillsborough County, Florida. Over the years, this area has seen continued growth, with close to 20% between 2000 and 2010. The last census put the population at 24,379.
The density of this area makes it qualify as a suburban area. The complete land area is approximately 30 square kilometres. Although it is in Florida, it is completely land locked and far from the ocean, inlets bays and other water bodies.
The real estate market is experiencing amazing growth in Palm River-Clair Mel with homes for sale being able to request an asking price that is 41% more than what was available in the last year. Furthermore, there are more people buying houses in this town, which means that there is an increased level of demand. Currently, the homes for sale have dropped by a total of 28.6% in their availability. This means that if you take advantage of this situation and purchase a home, you are rest assured that you can find a buyer, and a great return on your investment in minimal time.
The average home in Palm River-Clair Mel is priced at $131,927. This is an indication that the area primarily caters to the needs of the middle income earner. If you are a real estate investor, the you can look forward to a monthly rental return of $1,079.
Palm River-Clair Mel, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Palm River-Clair Mel Florida? There are many new loan programs out there, if you have a little money there are programs out there for you! A new conventional loan program out that offer 3% down. Get more information about First Time Home Buyers Program in Palm River-Clair Mel.
- VA Loan Programs for Veterans – This is an awesome program for Veterans, the VA guaranteed a loan to honorable discharged Veterans. First step is to go to the nearest Palm River-Clair Mel Veteran Affair office to get a certificate. To see if you qualify for a VA home loan, fill out the form and receive a call from one of our preferred VA mortgage lenders.
- Palm River-Clair Mel FL Foreclosure Properties – If you are investor or just interested in buying Palm River-Clair Mel foreclosure homes for sale or Palm River-Clair Mel real estate for sale at below market value? Use my search page Palm River-Clair Mel Foreclosure homes to find out more.
Finding Palm River-Clair Mel FL Real Estate
Majority of the homes that you will find in Palm River-Clair Mel are studio and two bedroomed apartments, followed by three to four bedroomed single family homes. You will find that the real estate market is full of homes that were built between 1970 and 1999. You will also find that there are modern homes for sale which were constructed after 2000.
The homes here are close to the ocean, so you get to appreciate some stunning sea views. In these areas there are a range of waterfront activities that a person can enjoy with their family. To move around while in Palm River-Clair Mel, you will need to have a private vehicle. Due to the distance from basic amenities and residential areas, walking is not a common practice, especially for those living in the affluent areas.
For those who are not in these areas, the public transport system is well established and convenient. One can get around using the train, a bike or the bus. On average, a commute to the workplace from a residence will take between 15 and 30 minutes.
Things to do in Palm River-Clair Mel
When you are looking at the real estate market, you also need to consider the people that you want to live close to. In Palm River-Clair Mel, there are some very wealthy people that live in communities that are gated, and you will also find those that fit into the low income bracket. It is here that you will find a large amount of people that have Puerto Rican ancestry as well as those who once came from Cuba. For that reason, you will find that the predominant language spoken is English, yet there are a large number of people that are speaking in Spanish as well.
For a neighbourhood that has new homes, you should look for a home for sale in Palm River-Clair Mel. Over 37% of the homes here were built after 2000, and the growing rate of the town means you will always find a ready buyer for an excellent return on investment.