Lake County Real Estate - Leesburg

Leesburg is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 20,117. Leesburg is approximately 11 miles from The Villages (population 51,442) and around 24 miles from Apopka (population 41,542).  It is located at the head of the Oklawaha River System, between Lake Harris and Lake Griffin, and is part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.

In 2014 median family income for a family in Leesburg was about $33,000 a year, making it home to many smaller ranch-style houses. In addition to being located between two of Lake County's major lakes, the city also has many other smaller bodies of water, like the pond at Venetian Garden's Park. The town is also home to the Leesburg International Airport, performing over 50,000 takeoffs and landings every year.

The median age for residents of Leesburg is 40.7. Around 28% of Leesburg households include school aged children and 37.2% of households include individuals aged 65 years or over. Census records indicate 63.4% of the Leesburg population are White, 28.1% are Black or African American, .3% American Indian, 1.7% Asian and 2.6% are Two or more Races.

There are 10,625 housing units in Leesburg. 2,140 (20.1%) of these were reported as vacant in the 2010 Census. There are 5,000 residential rental units in Leesburg. 4,019 of them were occupied in 2010 providing a residential rental vacancy rate of 19.1%.

Leesburg 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 
1008 Lee St Single Family 1,652 B
1002 North Lee St Single Family 1,371 B
1005 Cottonwood St Single Family 1,410 B
1001 Cottonwood Single Family 1,961 B
1009 Cottonwood St Single Family 1,756 B
1005 Lee St Single Family 875 B
1007 Lee St Single Family 987 B
1012 Lee St Single Family 1,320 B
1003 Lee St Single Family 1,120 B
1009 Lee St Single Family 975 B
1015 Cottonwood St Single Family 1,531 B
918 Lee St Single Family 1,686 B
1011 Lee St Single Family 1,128 B
801 Miller St Single Family 2,608 B
1016 Lee St Single Family 1,258 B
1004 Cottonwood St Single Family 1,320 B
917 North Lee St Single Family 1,080 B
710 Miller St Single Family 1,443 B
1013 North Lee St Single Family 1,079 B
1008 Cottonwood St Single Family 2,127 B
1017 Cottonwood St Single Family 1,685 B
1002 Oak Dr Single Family 847 B
1006 Oak Dr Single Family 935 B
1008 Oak Dr Single Family 1,368 B
1000 Oak Dr Single Family 1,723 B
1012 Cottonwood St Single Family 1,818 B
1015 Lee St Single Family 1,965 B
1010 Oak Dr Single Family 935 B
915 Lee St Single Family 1,405 B
709 Miller St Single Family 1,730 B
1020 Lee St Single Family 1,260 B
1012 Oak Dr Single Family 1,242 B
916 Oak Dr Single Family 1,404 B
1021 Cottonwood St Single Family 1,620 B
1016 Cottonwood St Single Family 1,470 B
706 Miller St Single Family 1,225 B
1017 Lee St Single Family 997 B
913 Lee St Single Family 1,079 B
1014 Oak Dr Single Family 1,080 B
1013 Cypress St Single Family 1,797 B
914 Oak Dr Single Family 2,164 B

Local Household Income

The median household income in this part of Florida is $59,480. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $133,921 per year. The top 1% earn more than $386,477 per year. Most renters earn between $26,916 (20th percentile) and $46,824 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,960 and $148,700.

The tax assessed value of this property places it in percentile 36 of all properties in this area. This suggests it would appeal to someone earning around $46,240 per year who should qualify for a mortgage between $92,480 and $115,600.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$25,780
$51,560
$77,339
$103,119
$46,240

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 $1,014. Most renters earn between $2,243 and $3,902 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $752 (20th percentile) to $1,392 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 36 of all properties in this area. This corresponds to a rent of $890 per month and a monthly household income of $2,602 ($31,224 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$164
$2,901
$5,638
$8,374
$11,111
$2,602
$890

Nearby Companies

Kitch'N Lyfe Skills, Inc.
1008 Cottonwood St
Cafe Carpe Diem, LLC
1008 Cottonwood St
Lynn Charles, LLC
1007 N Lee St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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