Lake County Real Estate - Tavares

Tavares is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 13,951. Tavares is approximately 19 miles from The Villages (population 51,442) and around 15 miles from Apopka (population 41,542).

Part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area, the city is located south of Lake Eustis and East of Lake Harris. Tavares was named the seat of Lake County in 1887 and is now home to the Lake County Courthouse, Lake County Tax Collector & Property Appraiser, as well as other local-government-related facilities. Today the town is home to an emerging entertainment district, as well as being named "America's Seaplane City" because of the significance of seaplanes in the city's development.  In 2014 Tavares's median family income was about $36,000 a year.

The median age for residents of Tavares is 52.5. Around 19.5% of Tavares households include school aged children and 51.6% of households include individuals aged 65 years or over. Census records indicate 84.3% of the Tavares population are White, 10.1% are Black or African American, .3% American Indian, 1.6% Asian and 1.7% are Two or more Races.

There are 7,598 housing units in Tavares. 1,455 (19.1%) of these were reported as vacant in the 2010 Census. Tavares is a tourist destination, 53.2% (775) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,819 residential rental units in Tavares. 1,565 of them were occupied in 2010 providing a residential rental vacancy rate of 13.1%.

Tavares links:

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

AddressTypeSq FtClass 
2330 Barons Ct Single Family 1,902 B
2318 Barons Ct Single Family 1,607 B
2336 Barons Ct Single Family 1,772 B
2312 Barons Ct Single Family 1,772 B
2225 Merry Rd Single Family 1,772 B
2219 Merry Rd Single Family 1,942 B
2231 Merry Rd Single Family 1,562 B
3930 Hillingdon Rd Single Family 1,902 B
2237 Merry Rd Single Family 1,772 B
4031 Waltham Forest Dr Single Family 1,902 B
2213 Merry Rd Single Family 1,596 B
2342 Barons Ct Single Family 1,772 B
3936 Hillingdon Rd Single Family 1,772 B
2243 Merry Rd Single Family 1,902 B
4037 Waltham Forest Dr Single Family 1,772 B
2348 Barons Ct Single Family 1,714 B
3931 Hillingdon Rd Single Family 1,562 B
2249 Merry Rd Single Family 1,902 B
3942 Hillingdon Rd Single Family 1,902 B
4012 Waltham Forest Dr Single Family 1,902 B
4018 Waltham Forest Dr Single Family 1,748 B
4006 Waltham Forest Dr Single Family 1,772 B
4043 Waltham Forest Dr Single Family 1,562 B
4024 Waltham Forest Dr Single Family 1,772 B
2354 Barons Ct Single Family 1,772 B
3937 Hillingdon Rd Single Family 1,714 B
4030 Waltham Forest Dr Single Family 1,772 B
4000 Waltham Forest Rd Single Family 1,772 B
2224 Merry Rd Single Family 1,772 B
2230 Merry Rd Single Family 1,772 B
2218 Merry Rd Single Family 1,772 B
2255 Merry Rd Single Family 1,772 B
2236 Merry Rd Single Family 1,902 B
3948 Hillingdon Rd Single Family 1,810 B
4036 Waltham Forest Dr Single Family 1,772 B
2212 Merry Rd Single Family 1,902 B
4049 Waltham Forest Dr Single Family 1,810 B
2242 Merry Rd Single Family 1,772 B
2360 Barons Ct Single Family 1,902 B
3943 Hillingdon Rd Single Family 1,772 B
2206 Merry Rd Single Family 1,902 B
2248 Merry Rd Single Family 1,902 B
2261 Merry Rd Single Family 1,902 B
4042 Waltham Forest Dr Single Family 1,792 B
3954 Hillingdon Rd Single Family 1,562 B
4055 Waltham Forest Dr Single Family 1,772 B
3949 Hillingdon Rd Single Family 1,902 B
2366 Barons Ct Single Family 1,772 B
2200 Merry Rd Single Family 1,772 B

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 51 of all properties in this area. This suggests it would appeal to someone earning around $55,753 per year who should qualify for a mortgage between $111,506 and $139,383.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$23,867
$47,734
$71,601
$95,468
$55,753

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 51 of all properties in this area. This corresponds to a rent of $901 per month and a monthly household income of $2,938 ($35,256 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$121
$2,482
$4,844
$7,205
$9,566
$2,938
$901

Nearby Companies

Dab Floor Covering Inc
4055 Waltham Forest Dr
Rassets LLC
3942 Hillingdon Rd
Out Of The Box Behavioral LLC
3942 Hillingdon Rd
Resolute Teklogic, LLC
2260 Merry Rd
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.

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