3115 Citrus Tower Blvd, Clermont Fl

Usage

Professional service building

Address:

3115 Citrus Tower Blvd
Clermont Fl
FL 34711

Property Size:2,528 sq ft
Acreage:0.07
Year Built:2006
Property Class:B4
Latitude:28.523
Longitude:-81.728

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Welcome to Visulate

Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

Contact us if you want to buy or sell real estate in Clermont Fl:

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Estimated Value: 3115 Citrus Tower Blvd

Market Data

In 2013 class A professional service building properties in Clermont Fl sold for $104.30 to 468.60 per sq ft with a median price per sq ft of $468.60. Class B properties sold for $49.53 to 104.29 per sq ft with a median of $90.89 and class C properties sold for $49.52 to 49.52 per sq ft with a median of $49.52.

Market Valuation

3115 Citrus Tower Blvd appears to be a B Class property. Suggested value: $229,770

HighMedianLow
Value263,645 229,770 125,212

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $420,029. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 3115 Citrus Tower Blvd. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent3,305
Annual Rent per Sq Ft15.69
Gross Annual Rent39,664
Vacancies and Bad Debt18%
Vacancies and Bad Debt Amount7,219
Maintenance239
HOA, Utilities and CAM0
Property Taxes1,059
Insurance446
Management Fees1,298
NOI29,402
Cap Rate7
Estimated Value420,029
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Lake County, Florida

Lake County is in East Central Florida. The main cities in Lake County are Clermont (population 28,742), Leesburg (population 20,117) and Eustis (population 18,558)

[Property Apprasier] [Tax Record]
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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $60,585. The bottom 10% of the population earn less than $23,282 per year. The top 10% earn more than $138,339 per year. The top 1% earn more than $434,030 per year. Most renters earn between $28,284 (20th percentile) and $51,420 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $964. Most renters earn between $2,357 and $4,285 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $713 (20th percentile) to $1,324 (80th percentile) range. The residential vacancy rate is 12%.

Links

  1. 3115 Citrus Tower Blvd, Clermont Fl, FL on Google Maps
  2. Clermont Fl, FL Property Values on Trulia
  3. Demographic Data for Zipcode 34711 from City-Data.com
  4. Clermont Fl Demographics from City-Data.com
  5. Phone numbers and opening hours for businesses in the 34711 Zipcode

Owner Details

Companies at this Address

  1. Principal Address for Total Family Health Care, Inc.
  2. Principal Address for Total Real Estate, LLC

Companies near this Address

  1. Tri Huynh Do Pllc (3105 Citrus Tower Blvd Ste B)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.