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 
1430 South Grove St Single Family 1,290 B
132 East Atwater Ave Single Family 816 B
128 East Atwater Ave Single Family 816 B
1419 South Eustis St Single Family 1,250 B
1421 South Eustis St Single Family 1,320 B
108 East Atwater Dr Single Family 1,251 B
1433 South Grove St Single Family 945 B
1407 S Grove St Single Family 918 B
150 East Barnes Ave Church 1,680 B
204 East Atwater Ave Single Family 1,024 B
1501 South Grove St Single Family 1,386 B
101 Atwater Ave Single Family 1,170 B
1520 South Grove St Single Family 1,054 B
215 East Barnes Ave Single Family 1,305 B
1507 South Eustis St Single Family 1,189 B
201 East Atwater Ave Single Family 1,284 B
222 East Atwater Ave Single Family 1,510 B
1316 South Grove St Single Family 996 B
1305 South Eustis St Single Family 720 B
1522 South Grove St Single Family 1,426 B
1503 South Grove St Single Family 1,290 B
216 East Barnes Ave Single Family 816 B
227 East Barnes Ave Single Family 770 B
1519 South Eustis St Single Family 846 B
1317 South Grove St Single Family 1,485 B
1415 South Bay St Store, one story 7,391 B
224 East Atwater Ave Single Family 1,242 B
217 East Atwater Ave Single Family 672 B
1318 South Eustis St Professional service building 1,950 B
10 East Barnes Ave Store, one story 5,600 B
1528 South Grove St Single Family 2,298 B
206 East Barnes Ave Single Family 702 B
1315 South Grove St Single Family 816 B
1505 South Grove St Single Family 1,307 B
1301 South Eustis St Multi-family - less than 10 units 3,428 B
105 East Taylor Ave Single Family 848 B
1312 South Grove St Apt B Multi-family - less than 10 units 962 B
1318 Eustis St. S. Professional service building 135 B
300 East Atwater Ave Single Family 780 B
1502 Blackberry Ct Single Family 1,462 B
223 East Atwater St Single Family 1,248 B
235 East Barnes Ave Single Family 1,850 B
302 East Barnes Ave Single Family 832 B
306 East Atwater St Single Family 1,208 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 41 of all properties in this area. This suggests it would appeal to someone earning around $45,322 per year who should qualify for a mortgage between $90,644 and $113,305.

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 41 of all properties in this area. This corresponds to a rent of $824 per month and a monthly household income of $2,685 ($32,220 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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