1320 Lake Dora Dr, Tavares Fl
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:
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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 | |
|---|---|---|---|---|
| 1310 Lake Dora Dr | Single Family | 1,212 | B |
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| Lake Dora Dr | Government Undefined | 0 | L | |
| 1300 Lake Dora Dr | Single Family | 1,787 | B |
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| 1340 Lake Dora Dr | Single Family | 1,811 | B |
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| 1300 Nichols Dr | Single Family | 1,426 | B |
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| 1215 Judy Ave | Single Family | 1,068 | B |
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| 1308 Nichols Dr | Single Family | 1,592 | B |
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| 1260 Lake Dora Dr | Single Family | 1,620 | B |
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| 1211 Judy Ave | Single Family | 981 | B |
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| 1400 Lake Dora Dr | Single Family | 1,290 | B |
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| 1312 Nichols Dr | Single Family | 2,448 | B |
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| 111 Medina St | Single Family | 1,852 | B |
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| 1240 Lake Dora Dr | Single Family | 1,387 | B |
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| 1207 Judy Ave | Single Family | 1,075 | B |
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| 1224 Jean Ct | Single Family | 1,859 | B |
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| 1301 Nichols Dr | Single Family | 1,372 | B |
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| 1203 East Judy Ave | Single Family | 1,365 | B |
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| 1420 Lake Dora Dr | Single Family | 1,115 | B |
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| 1307 Nichols Dr | Single Family | 1,579 | B |
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| 1220 Lake Dora Dr | Single Family | 2,201 | B |
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| 112 Jean St | Single Family | 1,084 | B |
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| 206 Gary St | Single Family | 1,161 | B |
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| 207 Dykes Dr | Single Family | 1,550 | B |
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| 205 Gary St | Single Family | 1,377 | B |
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| 1200 Lake Dora Dr | Single Family | 1,579 | B |
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| 1323 Nichols Dr | Single Family | 1,666 | B |
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| 208 Gary St | Single Family | 1,320 | B |
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| 1223 Jean Ct | Single Family | 1,355 | B |
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| 1440 Lake Dora Dr | Single Family | 1,764 | B |
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| 1404 Nichols Dr | Single Family | 925 | B |
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| 109 Jean St | Single Family | 1,200 | C |
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| 211 Dykes Dr | Single Family | 899 | B |
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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 85 of all properties in this area. This suggests it would appeal to someone earning around $107,303 per year who should qualify for a mortgage between $214,606 and $268,258.
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 85 of all properties in this area. This corresponds to a rent of $1,445 per month and a monthly household income of $4,494 ($53,928 per year)
Nearby Companies
208 Gary St
1340 Lake Dora Dr
1420 Lake Dora Dr