1140 Holly Dr, Mount Dora Fl
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:
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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 | |
|---|---|---|---|---|
| 1155 Simpson Ln | Single Family | 1,806 | B |
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| 1165 Simpson Ln | Single Family | 1,224 | B |
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| 1139 Holly Dr | Single Family | 992 | B |
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| 1120 Simpson Ln | Single Family | 1,035 | B |
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| 1145 Holly Dr | Single Family | 1,118 | B |
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| 1124 Holly Dr | Single Family | 1,362 | B |
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| 1130 Simpson Ln | Single Family | 1,284 | B |
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| 1131 Holly Dr | Single Family | 960 | B |
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| 1166 Holly Dr | Single Family | 1,120 | B |
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| 1155 Holly Dr | Single Family | 832 | B |
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| 1175 Simpson Ln | Single Family | 1,113 | B |
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| 1140 Simpson Ln | Single Family | 1,196 | B |
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| 1150 Simpson Ln | Single Family | 1,170 | B |
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| 1125 Holly Dr | Single Family | 1,128 | B |
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| 1163 Holly Dr | Single Family | 1,244 | B |
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| 1160 Simpson Ln | Single Family | 1,206 | B |
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| 1179 Simpson Ln | Single Family | 1,216 | B |
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| 3720 Dale Ct | Single Family | 999 | B |
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| 1121 Holly Dr | Vacant Residential | 0 | L | |
| 1177 Holly Dr | Single Family | 1,167 | B |
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| 1171 Holly Dr | Single Family | 1,284 | B |
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| 3755 Old Us Highway 441 | Office building, non-professional service building, one story | 1,430 | B |
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| 3725 West Old Us Highway 441 | Restaurant, cafeteria | 4,721 | B |
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| 1185 Simpson Ln | Single Family | 1,264 | B |
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| 1175 Holly Dr | Single Family | 976 | B |
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| 1190 Holly Dr | Single Family | 1,040 | B |
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| 3690 Dale Ct | Single Family | 1,352 | B |
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| 3615 West Old Us Highway 441 | Vacant Institutional Property | 0 | L | |
| 3715 Dale Ct | Single Family | 1,248 | B |
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| 1191 Simpson Ln | Single Family | 1,106 | B |
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| 3801 West Old Us Highway 441 | Parking lot (commercial or patron) or mobile home park | 3,021 | B |
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| 3935 Chestnut Dr | Vacant Residential | 0 | L | |
| 1195 Holly Dr | Single Family | 1,159 | B |
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| 1221 Simpson Ln | Single Family | 1,100 | B |
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| 1180 Simpson Ln | Single Family | 1,086 | B |
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| 3601 West Old Us Highway 441 | Church | 8,668 | B |
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| 1205 Simpson Ln | Single Family | 1,250 | B |
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| 3670 Dale Ct | Single Family | 1,206 | 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 62 of all properties in this area. This suggests it would appeal to someone earning around $68,462 per year who should qualify for a mortgage between $136,924 and $171,155.
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 62 of all properties in this area. This corresponds to a rent of $1,000 per month and a monthly household income of $3,278 ($39,336 per year)
Nearby Companies
3755 Old Us Hwy 441
3725 W Old Us Highway 441
1140 Simpson Ln
1163 Holly Dr