5021 Harbor Heights, Lady Lake Fl
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%.
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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 | |
|---|---|---|---|---|
| 5025 Harbor Heights | Vacant Residential | 0 | L | |
| 5017 Harbor Heights | Single Family | 1,774 | B |
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| 5029 Harbor Heights | Single Family | 0 | B | |
| 5013 Harbor Heights | Single Family | 1,954 | B |
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| 39820 Grove Heights | Single Family | 1,643 | B |
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| 39824 Grove Heights | Single Family | 1,478 | B |
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| 39828 Grove Heights | Single Family | 1,886 | B |
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| 39814 Grove Hts | Single Family | 1,680 | B |
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| 5033 Harbor Heights | Single Family | 1,664 | B |
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| 39832 Grove Heights | Single Family | 1,828 | B |
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| 5207 Lake Griffin Rd | Single Family | 1,368 | B |
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| 5009 Harbor Heights | Single Family | 2,018 | B |
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| 5221 Lake Griffin Rd | Single Family | 1,771 | B |
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| 5037 Harbor Heights | Single Family | 2,055 | B |
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| 39836 Grove Heights | Single Family | 1,927 | B |
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| 5005 Harbor Heights | Single Family | 1,919 | B |
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| 39819 Grove Heights | Single Family | 2,390 | B |
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| 39823 Grove Heights | Single Family | 1,899 | B |
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| 5211 Green Briar Dr | Single Family | 1,717 | B |
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| 5101 Lake Griffin Rd | Single Family | 1,664 | B |
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| 39815 Grove Heights | Single Family | 2,040 | B |
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| 39827 Grove Hts | Single Family | 1,832 | B |
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| 5129 Lake Griffin Rd | Single Family | 1,900 | B |
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| 39831 Grove Heights | Single Family | 2,369 | B |
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| 39811 Grove Heights | Single Family | 2,186 | B |
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| 5041 Harbor Heights | Single Family | 1,792 | B |
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| 39835 Grove Heights | Single Family | 2,747 | B |
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Local Household Income
The median household income in this part of Florida is $59,480. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $133,921 per year. The top 1% earn more than $386,477 per year. Most renters earn between $26,916 (20th percentile) and $46,824 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,960 and $148,700.
The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $110,839 per year who should qualify for a mortgage between $221,678 and $277,098.
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 $1,014. Most renters earn between $2,243 and $3,902 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $752 (20th percentile) to $1,392 (80th percentile) range. The residential vacancy rate is 12%.
This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,476 per month and a monthly household income of $4,110 ($49,320 per year)
Nearby Companies
5129 Lake Griffin Rd