1518 Yucatan Way, Lady Lake
Sumter County Real Estate - The Villages
The Villages is in East Central Florida. It's population as recorded in the 2010 Census was 51,442.
The median age for residents of The Villages is 68.7. Around .2% of The Villages households include school aged children and 79.6% of households include individuals aged 65 years or over. Census records indicate 98.1% of the The Villages population are White, .6% are Black or African American, .1% American Indian, .6% Asian and .2% are Two or more Races.
There are 35,587 housing units in The Villages. 6,946 (19.5%) of these were reported as vacant in the 2010 Census. The Villages is a tourist destination, 65.6% (4,559) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,162 residential rental units in The Villages. 889 of them were occupied in 2010 providing a residential rental vacancy rate of 54.4%.
The Villages links:
Links
Sumter County
Sumter County is located in East Central Florida, along with Brevard, Orange, Volusia, Seminole, Lake, and Osceola counties. Cities in Sumter County include Bushnell, Center Hill, Coleman, Webster, and Wildwood. The county is home to over 90,000.
The largest industries in Sumter County by employment are leisure & hospitality, trade & transportation, education & health services, and public administration. Sumter County major private employers are The Villages, T&D Concrete, Villages Regional Medical Center, Wal-Mart, and Sumter Electric Cooperative. Major public employers include Coleman Federal Prison, Sumter District Schools, Sumter Correctional Institute, Sumter County Government, and Lake Sumter Community College.
Known as "Hog County" for its large pig population, Sumter is historically a largely rural county. Sumter is number eighteen among Florida counties for number of cattle and calves. In the southern end of the county, near Webster, cucumbers, eggplants and peppers are grown for commercial sale. Near the unincorporated community of Oxford in the north, tomatoes and watermelons are the more popular crops.
The county is known to the Census Bureau as The Villages Micropolitan Statistical Area, named after the most populous census-designated place in Sumter County. The Villages is a large, planned retirement community that spans Sumter, Lake, and Marion Counties. The community in northeast Sumter County is home to over 50,000. In addition to the retirees, The Villages also contains subdivisions for workers and their families that includes a charter school. Over 95% of residents are white caucasians.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1520 Yucatan Way | Single Family | 1,602 | L |
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| 1516 Yucatan Way | Single Family | 1,923 | L |
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| 1505 Armadillo Pl | Single Family | 1,386 | L |
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| 1507 Armadillo Pl | Single Family | 1,511 | L |
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| 1514 Yucatan Way | Single Family | 1,642 | L |
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| 1522 Yucatan Way | Single Family | 1,564 | L |
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| 1515 Yucatan Way | Single Family | 1,663 | L |
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| 1509 Armadillo Pl | Single Family | 1,812 | L |
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| 1503 Armadillo Pl | Single Family | 1,881 | L |
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| 1517 Yucatan Way | Single Family | 1,191 | L |
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| 1513 Yucatan Way | Single Family | 2,135 | L |
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| 1512 Yucatan Way | Single Family | 1,625 | L |
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| 1519 Yucatan Way | Single Family | 1,746 | L |
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| 1511 Yucatan Way | Single Family | 1,633 | L |
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| 732 Angelita Ave | Single Family | 1,431 | L |
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| 1510 Yucatan Way | Single Family | 1,602 | L |
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| 734 Angelita Ave | Single Family | 1,393 | L |
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| 1501 Armadillo Pl | Single Family | 1,541 | L |
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| 1616 San Diego St | Single Family | 1,502 | L |
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| 1618 San Diego St | Single Family | 1,760 | L |
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| 1506 Armadillo Pl | Single Family | 1,396 | L |
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| 1614 San Diego St | Single Family | 1,622 | L |
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| 1509 Yucatan Way | Single Family | 1,721 | L |
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| 730 Angelita Ave | Single Family | 1,394 | L |
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| 712 Camino Del Rey Dr | Single Family | 1,676 | L |
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| 714 Camino Del Rey Dr | Single Family | 1,685 | L |
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| 1508 Armadillo Pl | Single Family | 1,494 | L |
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| 1504 Armadillo Pl | Single Family | 1,373 | L |
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| 716 Camino Del Rey Dr | Single Family | 1,912 | L |
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| 710 Camino Del Rey Dr | Single Family | 1,807 | L |
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| 1612 San Diego St | Single Family | 1,512 | L |
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| 1508 Yucatan Way | Single Family | 1,602 | L |
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| 728 Dumas St | Single Family | 1,401 | L |
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| 718 Camino Del Rey Dr | Single Family | 1,786 | L |
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| 736 Angelita Ave | Single Family | 1,409 | L |
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| 1502 Armadillo Pl | Single Family | 1,757 | L |
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| 720 Camino Del Rey Dr | Single Family | 2,161 | L |
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| 1507 Yucatan Way | Single Family | 1,746 | L |
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| 726 Dumas St | Single Family | 1,409 | L |
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| 1610 San Diego St | Single Family | 1,784 | L |
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| 708 Camino Del Rey Dr | Single Family | 1,501 | L |
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| 722 Camino Del Rey Dr | Single Family | 1,532 | L |
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| 724 Camino Del Rey Dr | Single Family | 1,868 | L |
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| 738 Angelita Ave | Single Family | 1,423 | L |
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| 724 Dumas St | Single Family | 1,431 | L |
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| 1506 Yucatan Way | Single Family | 1,748 | L |
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| 1511 Gardena Ct | Single Family | 1,971 | L |
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| 1608 San Diego St | Single Family | 1,555 | L |
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| 731 Dumas St | Single Family | 1,409 | L |
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Local Household Income
The median household income in this part of Florida is $54,508. The bottom 10% of the population earn less than $19,472 per year. The top 10% earn more than $126,999 per year. The top 1% earn more than $446,344 per year. Most renters earn between $26,532 (20th percentile) and $49,788 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,016 and $136,270.
The tax assessed value of this property places it in percentile 72 of all properties in this area. This suggests it would appeal to someone earning around $80,740 per year who should qualify for a mortgage between $161,480 and $201,850.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $890. Most renters earn between $2,211 and $4,149 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $655 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 11%.
This property falls in percentile 72 of all properties in this area. This corresponds to a rent of $1,127 per month and a monthly household income of $3,630 ($43,560 per year)
Nearby Companies
722 Dumas St