Lake County Real Estate - Mount Dora

Mount Dora is a city in Lake County in East Central Florida. It's population as recorded in the 2010 Census was 12,370. Mount Dora is approximately 24 miles from Deltona (population 85,182) and around 23 miles from Sanford (population 53,570).  The city is located northeast of Lake Dora and is a part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.

Mount Dora gets its name from from Lake Dora, named for Ms. Dora Ann Drawdy, and was officially named Mount Dora because of its elevation of 184 feet above sea level. The city features both rural and urban areas, and is home to the Donnelly House, a historic home located on Donnelly Avenue. Mount Dora's real estate is more upmarket compared to the rest of Lake County.  The city's median income for a family in 2014 was approximately $46,000.

The median age for residents of Mount Dora is 47.9. Around 22.3% of Mount Dora households include school aged children and 39.9% of households include individuals aged 65 years or over. Census records indicate 77.4% of the Mount Dora population are White, 15.6% are Black or African American, .4% American Indian, 1.8% Asian and 1.8% are Two or more Races.

There are 6,942 housing units in Mount Dora. 1,357 (19.5%) of these were reported as vacant in the 2010 Census. There are 3,062 residential rental units in Mount Dora. 2,413 of them were occupied in 2010 providing a residential rental vacancy rate of 20.6%.

Mount Dora 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 
3990 Azalea Dr Single Family 1,230 B
1450 Palm Dr Single Family 1,056 B
3960 Azalea Dr Single Family 1,015 B
1430 Palm Dr Single Family 756 B
4060 Azalea Dr Single Family 1,608 B
1475 Palm Dr Single Family 1,062 B
1455 Morningside St Single Family 943 B
3911 North Highway 19a Office building, non-professional service building, one story 5,280 B
1435 Morningside St Single Family 748 C
1480 Triangle Dr Single Family 1,311 B
1400 Palm Dr Single Family 1,133 B
1425 Palm Dr Single Family 776 B
3985 North Highway 19a Store, one story 7,102 B
1415 Morningside St Single Family 943 B
1450 Triangle Dr Single Family 748 B
1380 Palm Dr Single Family 1,053 B
3865 North Highway 19a Store, one story 2,640 B
1450 Morningside Dr Vacant Residential 0 L
1395 Morningside St Single Family 850 B
1520 Bay Rd Government Undefined 0 L
1430 Oak Dr Single Family 807 B
1545 Triangle Dr Single Family 1,254 B
Bay Rd Government Undefined 0 L
1385 Palm Dr Single Family 798 B
1350 Palm Dr Single Family 3,018 B
1400 Oak Dr Single Family 925 B
1575 Triangle Dr Single Family 1,070 B
1400 Morningside St Single Family 902 C
1355 Morningside St Single Family 1,263 B
1585 Triangle Dr Single Family 1,106 B
1390 Oak Dr Single Family 1,019 B
4138 Short St Single Family 1,344 B
1330 Palm Dr Single Family 1,050 B
1390 Morningside St Single Family 943 B
1345 Palm Ave Single Family 925 B
1335 Morningside St Single Family 836 B
1595 Triangle Dr Mixed use - store and office or store and residential or residential combination 2,860 C
3801 North Highway 19a Professional service building 1,008 B
1360 Oak Dr Single Family 925 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 24 of all properties in this area. This suggests it would appeal to someone earning around $32,241 per year who should qualify for a mortgage between $64,482 and $80,603.

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 24 of all properties in this area. This corresponds to a rent of $690 per month and a monthly household income of $2,299 ($27,588 per year)

Nearby Companies

Wadhwa, Inc.
3865 Hwy 19a
Amber'S Facial Spa LLC
3911 North Highway 19a
Asclepius Rkt, LLC
3801 North Highway 19a
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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