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 
1335 Morningside St Single Family 836 B
1395 Morningside St Single Family 850 B
1350 Palm Dr Single Family 3,018 B
1315 Morningside St Single Family 1,101 B
1415 Morningside St Single Family 943 B
1330 Palm Dr Single Family 1,050 B
1380 Palm Dr Single Family 1,053 B
1350 Morningside St Single Family 1,016 B
1390 Morningside St Single Family 943 B
1300 Palm Dr Single Family 902 B
1400 Palm Dr Single Family 1,133 B
1330 Morningside St Single Family 989 B
1295 Morningside St Single Family 850 B
1435 Morningside St Single Family 748 C
1400 Morningside St Single Family 902 C
1300 Morningside St Single Family 874 B
1290 Palm Dr Single Family 902 B
1430 Palm Dr Single Family 756 B
1290 Morningside St Single Family 1,488 B
1265 Morningside St Single Family 804 B
1455 Morningside St Single Family 943 B
1385 Palm Dr Single Family 798 B
1345 Palm Ave Single Family 925 B
1450 Palm Dr Single Family 1,056 B
1325 Holly Dr Single Family 1,986 B
1450 Morningside Dr Vacant Residential 0 L
1315 Palm Dr Single Family 1,145 B
1260 Morningside St Single Family 966 B
1425 Palm Dr Single Family 776 B
1260 Palm Dr Single Family 1,259 B
1337 Holly Dr Professional service building 4,835 B
3801 North Highway 19a Professional service building 1,008 B
3960 Azalea Dr Single Family 1,015 B
1235 Moringside St Single Family 868 B
1285 Palm Dr Single Family 1,585 B
3995 Poinsettia Ave Single Family 925 B
1305 Holly Dr Single Family 1,558 B
3990 Azalea Dr Single Family 1,230 B
4025 Poinsetta Ave Single Family 1,103 B
1230 Morningside St Single Family 943 B
4020 Azalea Dr Single Family 1,145 B
3865 North Highway 19a Store, one story 2,640 B
1475 Palm Dr Single Family 1,062 B
1255 Palm Dr Single Family 925 B
1360 Oak Dr Single Family 925 B
1390 Oak Dr Single Family 1,019 B
1245 Holly Dr Single Family 972 B
1330 Oak Dr Single Family 836 B
1400 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 26 of all properties in this area. This suggests it would appeal to someone earning around $34,018 per year who should qualify for a mortgage between $68,036 and $85,045.

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 26 of all properties in this area. This corresponds to a rent of $715 per month and a monthly household income of $2,343 ($28,116 per year)

Nearby Companies

Hutto Enterprizes Inc
3804 N Highway 19a
Sewphisticated Inc.
3820 N Hwy 19a
Florida Natural Stone, Inc.
4055 Poinsetta Ave
Asclepius Rkt, LLC
3801 North Highway 19a
Gerardo J. Rodriguez, M.D., P.A.
3801 N Hwy 19-A Ste 400
Lake Medical Building, Inc.
3801 N Highway 19-A
Disclaimers and Disclosures

Public Records Data

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