291 Corbett Dr, The Villages
Lake County Real Estate - Lady Lake
Lady Lake is in East Central Florida. It's population as recorded in the 2010 Census was 13,926. Lady Lake is approximately 23 miles from Ocala (population 56,315) and around 5 miles from The Villages (population 51,442).
The median age for residents of Lady Lake is 66.5. Around 11.5% of Lady Lake households include school aged children and 67.2% of households include individuals aged 65 years or over. Census records indicate 90.8% of the Lady Lake population are White, 5% are Black or African American, .3% American Indian, 1% Asian and 1.2% are Two or more Races.
There are 8,865 housing units in Lady Lake. 1,644 (18.5%) of these were reported as vacant in the 2010 Census. Lady Lake is a tourist destination, 38.1% (627) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,242 residential rental units in Lady Lake. 1,623 of them were occupied in 2010 providing a residential rental vacancy rate of 25.3%.
Lady Lake links:
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Lake County
Lake County is located in the east central Florida region, along with Brevard, Orange, Volusia, Sumter, Seminole, and Osceola counties. Cities of Lake County include Astatula, Clermont, Eustis, Fruitland Park, Groveland, Lady Lake, Leesburg, Mascotte, Minneola, Montverde, Mount Dora, Tavares, and Umatilla. Lake County has approximately 1,400 named lakes. It is home to around 300,000 people. About one in four residents are over the age of 65.
Top industries in Lake County are retail, healthcare, construction, and food services. Major private sector employers for Lake County are Leesburg Regional Medical Center, Wal-Mart, Villages of Lake Sumter Inc., Florida Hospital-Waterman, and Publix Supermarkets. Top public sector employers are Lake County Public Schools, Lake County Government, and Lake County Sheriff's Department.
The county seat is Tavares, a city with a population over 12,000. A third of the people who live in Tavares are over age 65. The city?s economic strength lies in services, especially healthcare and retail.
Leesburg is a city of over 20,000. Nestled among the Harris Chain of Lakes, maritime recreational opportunities abound, including boating and fishing.The area hosts many full-service retirement communities. The Leesburg Regional Airport features two runways for general aviaion craft.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 289 Corbett Dr | Single Family | 1,766 | L |
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| 295 Corbett Dr | Single Family | 2,043 | L |
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| 285 Corbett Dr | Single Family | 1,746 | L |
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| 299 Corbett Dr | Single Family | 1,978 | L |
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| 290 Corbett Dr | Single Family | 1,746 | L |
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| 288 Corbett Dr | Single Family | 1,746 | L |
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| 281 Corbett Dr | Single Family | 1,540 | L |
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| 301 Corbett Dr | Single Family | 1,498 | L |
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| 8968 Ne 90th St | Single Family | 1,813 | B |
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| 284 Corbett Dr | Single Family | 1,389 | L |
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| 274 Mercer Way | Single Family | 1,634 | L |
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| 279 Corbett Dr | Single Family | 1,885 | L |
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| 280 Mercer Way | Single Family | 1,746 | L |
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| 280 Corbett Dr | Single Family | 1,881 | L |
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| 305 Corbett Dr | Single Family | 1,746 | L |
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| 286 Mercer Way | Single Family | 1,540 | L |
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| 8923 Ne 90th Trl | Single Family | 1,781 | B |
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| 278 Corbett Dr | Single Family | 1,540 | L |
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| 292 Mercer Way | Single Family | 1,760 | L |
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| 275 Corbett Dr | Single Family | 1,746 | L |
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| 309 Corbett Dr | Single Family | 1,540 | L |
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| 298 Mercer Way | Single Family | 1,881 | L |
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| 274 Corbett Dr | Single Family | 1,834 | L |
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| 271 Corbett Dr | Single Family | 1,498 | L |
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| 311 Corbett Dr | Single Family | 1,780 | L |
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| 275 Mercer Way | Single Family | 1,498 | L |
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| 8862 Ne 90th Trl | Single Family | 1,065 | B |
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| 281 Mercer Way | Single Family | 1,766 | L |
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| 304 Mercer Way | Single Family | 1,766 | L |
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| 287 Mercer Way | Single Family | 1,746 | L |
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| 39537 Woodgate Ln | Single Family | 1,843 | L |
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| 293 Mercer Way | Single Family | 1,543 | L |
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| 315 Corbett Dr | Single Family | 1,946 | L |
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Local Household Income
The median household income in this part of Florida is $52,536. The bottom 10% of the population earn less than $19,404 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $306,813 per year. Most renters earn between $24,504 (20th percentile) and $42,492 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,072 and $131,340.
The tax assessed value of this property places it in percentile 87 of all properties in this area. This suggests it would appeal to someone earning around $108,438 per year who should qualify for a mortgage between $216,876 and $271,095.
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 $801. Most renters earn between $2,042 and $3,541 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,098 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 87 of all properties in this area. This corresponds to a rent of $1,240 per month and a monthly household income of $3,815 ($45,780 per year)
Nearby Companies
108 Lake Ella Rd
39537 Woodgate Ln