904 Sumter St, Leesburg Fl
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:
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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 | |
|---|---|---|---|---|
| 908 Sumter St | Single Family | 1,636 | B |
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| 907 West Dixie Ave | Vacant Residential | 0 | L | |
| 912 Sumter St | Single Family | 2,322 | B |
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| 907 West Dixie Ave | Mixed use - store and office or store and residential or residential combination | 2,000 | B |
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| 913 West Dixie Ave | Single Family | 966 | B |
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| 911 West Dixie Ave | Single Family | 1,350 | B |
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| 915 West Dixie Ave | Single Family | 1,125 | B |
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| 701 Boyleston St | Single Family | 2,048 | B |
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| 700 Boylston St | Single Family | 2,032 | B |
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| 902 Sumter St | Multi-family - less than 10 units | 1,604 | B |
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| 917 West Dixie Ave | Single Family | 1,020 | B |
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| 607 South 9th St | Multi-family - less than 10 units | 1,892 | B |
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| 913 Sumter St | Multi-family - less than 10 units | 4,320 | B |
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| 900 Sumter St | Multi-family - less than 10 units | 1,604 | B |
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| 914 Sumter St | Multi-family - less than 10 units | 3,400 | B |
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| 734 Boylston St | Single Family | 1,890 | B |
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| 601 South 9th St | Office building, non-professional service building, multi-story | 2,490 | B |
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| 701 South 9th St | Single Family | 2,108 | B |
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| 705 Boylston St | Single Family | 2,692 | B |
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| 704 Boylston St | Single Family | 2,078 | B |
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| 923 West Dixie Ave | Office building, non-professional service building, one story | 2,972 | B |
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| 915 Sumter St | Multi-family - less than 10 units | 4,320 | B |
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| 705 South 9th St | Single Family | 1,375 | B |
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| 918 West Dixie Ave | Office building, non-professional service building, one story | 2,260 | B |
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| 1000 Sumter St | Multi-family - less than 10 units | 1,690 | B |
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| 709 Boylston St | Single Family | 1,954 | B |
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| 708 Boyleston St | Single Family | 1,760 | B |
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| 610 South 9th St | Government Undefined | 0 | L | |
| 1013 West Dixie Ave | Store, one story | 2,690 | B |
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| 920 West Dixie Ave | Vacant Commercial | 0 | L | |
| 908 West Dixie Ave | Office building, non-professional service building, multi-story | 1,314 | B |
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| 425 South 9th St | Multi-family - less than 10 units | 21,630 | B |
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| 709 South 9th St | Single Family | 1,748 | B |
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| 606 South 9th St | Office building, non-professional service building, one story | 2,155 | B |
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| 1001 Sumter St | Multi-family - less than 10 units | 4,080 | B |
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| 1015 Dixie Ave | Store, one story | 1,008 | B |
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| 608 South 9th St | Professional service building | 3,706 | B |
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| 700 South 9th St | Club, lodge or union hall | 2,000 | B |
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| 712 Boylston St | Single Family | 1,707 | B |
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| 715 Boyleston St | Single Family | 2,520 | B |
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| 1004 Sumter St | Multi-family - less than 10 units | 1,560 | B |
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| 429 South 9th St | Single Family | 1,248 | B |
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| 713 South 9th St | Single Family | 2,101 | B |
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| 611 West Dixie Ave | Office building, non-professional service building, one story | 6,590 | B |
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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 94 of all properties in this area. This suggests it would appeal to someone earning around $164,602 per year who should qualify for a mortgage between $329,204 and $411,505.
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 94 of all properties in this area. This corresponds to a rent of $1,984 per month and a monthly household income of $5,274 ($63,288 per year)
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