1031 Exchange Treasure Island, Florida


Rent, population, and median household income are important factors to consider for a 1031 exchange in Treasure Island due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Treasure Island, Florida is a part of the Pinellas Beaches Submarket submarket area.

Treasure Island Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Treasure Island, FL submarket area was $1,048, which is 28.75% lower than 2014 average rent. This represents a compounded annual growth rate of 5.18%. 2019 vacancy in Treasure Island, FL was 3.20%.

The total population of the city of Treasure Island, FL has grown 3.61% since 2010. As of 2018, the population was 6,947. The median household income of the Treasure Island was $74,830, which is 20.30% lower than the national average.

  • submarket area Pinellas Beaches Submarket
  • avg rent $1,048
  • rent growth 28.75%
  • vacancy 3.20%
  • median income $74,830
  • population (2018) 6,947
  • population growth 3.61%
  • vs. nat'l avg 20.30%

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