1103 San Remo Ln, 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 | |
|---|---|---|---|---|
| 1105 San Remo Ln | Single Family | 1,610 | B |
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| 1101 San Remo Ln | Single Family | 1,452 | B |
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| 1019 San Remo Ln | Single Family | 1,867 | B |
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| 1107 San Remo Ln | Single Family | 1,466 | B |
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| 534 Sevilla Pl | Single Family | 1,751 | B |
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| 533 Alcazar Ct | Single Family | 1,248 | B |
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| 1017 San Remo Ln | Single Family | 1,339 | B |
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| 701 Bolivar St | Mobile Home | 1,456 | B |
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| 1109 San Remo Ln | Single Family | 1,428 | B |
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| 1102 Del Toro Dr | Single Family | 1,352 | B |
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| 1101 Del Toro Dr | Single Family | 1,352 | B |
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| 533 Sevilla Pl | Single Family | 1,968 | B |
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| 532 Seville Pl | Single Family | 1,544 | B |
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| 531 Alcazar Ct | Single Family | 1,119 | B |
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| 1015 San Remo Ln | Single Family | 2,058 | B |
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| 1111 San Remo Ln | Single Family | 1,725 | B |
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| 703 Bolivar St | Single Family | 1,338 | B |
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| 1007 Rio Grande Ave | Golf course or driving range | 772 | B |
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| 1103 Del Toro Dr | Single Family | 1,830 | B |
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| 534 Alcazar Ct | Single Family | 1,332 | B |
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| 702 Bolivar St | Single Family | 1,144 | B |
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| 530 Sevilla Pl | Single Family | 1,526 | B |
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| 534 San Lorenzo Ct | Single Family | 1,730 | B |
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| 531 Sevilla Pl | Single Family | 1,705 | B |
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| 529 Alcazar Ct | Single Family | 1,006 | B |
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| 1104 Del Toro Dr | Single Family | 1,413 | B |
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| 1013 San Remo Ln | Single Family | 1,252 | B |
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| 705 Bolivar St | Single Family | 1,040 | B |
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| 1113 San Remo Ln | Single Family | 1,656 | B |
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| 532 Alcazar Ct | Single Family | 1,260 | B |
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| 704 Bolivar St | Single Family | 1,248 | B |
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| 528 Sevilla Pl | Single Family | 1,242 | B |
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| 533 Valencia Pl | Single Family | 1,144 | B |
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| 530 Alcazar Ct | Single Family | 1,383 | B |
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| 527 Alcazar Ct | Single Family | 910 | B |
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| 529 Sevilla Pl | Single Family | 1,922 | B |
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| 1105 Del Toro Dr | Mobile Home | 1,440 | B |
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| 532 San Lorenzo Ct | Single Family | 1,248 | B |
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| 1011 San Remo Ln | Single Family | 1,690 | B |
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| 707 Bolivar St | Single Family | 1,248 | B |
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| 1115 San Remo Ln | Single Family | 910 | B |
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| 706 Bolivar St | Single Family | 1,248 | B |
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| 601 Santiago Ct | Single Family | 1,332 | B |
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| 531 Valencia Pl | Single Family | 1,694 | B |
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| 1106 Del Toro Dr | Single Family | 1,496 | B |
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| 528 Alcazar Ct | Single Family | 1,070 | B |
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| 1107 Del Toro Dr | Single Family | 1,040 | B |
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| 526 Sevilla Pl | Single Family | 1,556 | 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 64 of all properties in this area. This suggests it would appeal to someone earning around $76,541 per year who should qualify for a mortgage between $153,082 and $191,353.
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 64 of all properties in this area. This corresponds to a rent of $1,156 per month and a monthly household income of $3,366 ($40,392 per year)