Lake County Real Estate - Eustis

Eustis is a city in Lake County in East Central Florida. It's population as recorded in the 2010 Census was 18,558. Eustis is approximately 20 miles from The Villages (population 51,442) and around 15 miles from Apopka (population 41,542).  Located east of Lake Eustis, the city is part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.

Eustis is known as the "Orange Capital of the World" because of its prevalence in the citrus industry.  The Unites States Department of Agriculture has a research station there devoted to studying plant disease. Eustis is home to outdoor rural attractions such as the Trout Lake Nature Center and Central Florida Nature Adventures. The town is also a center for nearby communities of Rural East Lake County. Some of these communities include Cassia and Pine Lakes. The city's median family income in 2014 was about $40,000 a year.

The median age for residents of Eustis is 41.5. Around 30.7% of Eustis households include school aged children and 34.7% of households include individuals aged 65 years or over. Census records indicate 74.8% of the Eustis population are White, 17.3% are Black or African American, .4% American Indian, 1.1% Asian and 2.3% are Two or more Races.

There are 8,871 housing units in Eustis. 1,358 (15.3%) of these were reported as vacant in the 2010 Census. There are 2,925 residential rental units in Eustis. 2,509 of them were occupied in 2010 providing a residential rental vacancy rate of 13.4%.

Eustis 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 
1304 St Andrews Blvd Single Family 1,123 B
1300 St Andrews Blvd Single Family 1,288 B
590 East Mills Ave Single Family 1,442 B
1206 St Andrews Blvd Single Family 1,666 B
1303 St Andrews Blvd Single Family 1,076 B
1301 St Andrews Blvd Single Family 1,237 B
1306 St Andrews Blvd Single Family 1,292 B
425 Atwater Ave Single Family 1,401 B
1305 St Andrews Blvd Single Family 1,148 B
1205 St Andrews Blvd Single Family 1,493 B
452 Mills Ave Single Family 896 B
1204 St Andrews Blvd Single Family 1,044 B
1240 Mary St Single Family 1,488 B
1400 St Andrews Blvd Single Family 1,465 B
423 Atwater Ave Single Family 1,312 B
1300 Monterey Dr Single Family 1,204 B
1212 Monterey Dr Single Family 832 B
1203 St Andrews Blvd Single Family 1,690 B
461 Mills Ave E Single Family 984 B
450 East Mills Ave Single Family 1,475 B
1210 Monterey Dr Single Family 837 B
1310 Monterey Dr Single Family 1,374 B
466 East Atwater Ave Single Family 1,602 B
455 Mills St Single Family 1,108 B
1208 Monterey Dr Single Family 1,156 B
602 East Lakeview Ave Single Family 1,370 B
1409 South Mary St Single Family 1,686 B
1202 St Andrews Blvd Single Family 988 B
1320 Monterey Dr Single Family 897 B
526 East Lakeview Ave Single Family 1,429 B
421e Atwater Single Family 1,178 B
445 East Mills Ave Single Family 986 B
1410 South Mary St Single Family 1,434 B
448 Mills St Single Family 1,082 B
1402 St Andrews Blvd Single Family 1,383 B
1201 St Andrews Blvd Single Family 950 B
524 East Lakeview Ave Single Family 1,161 B
1330 Monterey Dr Single Family 1,100 B
456 Atwater Ave Single Family 696 B
435 Mills St Single Family 1,025 B
1420 South Mary St Single Family 720 B
508 East Lakeview Ave Single Family 988 B
1411 South Mary St Single Family 1,580 B
1340 Monterey Dr Single Family 1,182 B
446 Atwater Ave Single Family 912 B
1301 Monterey Dr Single Family 1,634 B
417 East Atwater Ave Single Family 1,082 B
1217 Monterey Dr Single Family 1,014 B
424 East Mills Ave Single Family 1,626 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 17 of all properties in this area. This suggests it would appeal to someone earning around $26,032 per year who should qualify for a mortgage between $52,064 and $65,080.

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 17 of all properties in this area. This corresponds to a rent of $612 per month and a monthly household income of $2,130 ($25,560 per year)

Disclaimers and Disclosures

Public Records Data

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