401 Hamlet Ct, Fruitland Park Fl
Lake County Real Estate - Fruitland Park
Fruitland Park is in East Central Florida. It's population as recorded in the 2010 Census was 4,078. Fruitland Park is approximately 27 miles from Ocala (population 56,315) and around 7 miles from The Villages (population 51,442).
The median age for residents of Fruitland Park is 34.7. Around 42.1% of Fruitland Park households include school aged children and 22.7% of households include individuals aged 65 years or over. Census records indicate 84.7% of the Fruitland Park population are White, 9.3% are Black or African American, .1% American Indian, 1.5% Asian and 2.1% are Two or more Races.
There are 1,662 housing units in Fruitland Park. 185 (11.1%) of these were reported as vacant in the 2010 Census. There are 540 residential rental units in Fruitland Park. 469 of them were occupied in 2010 providing a residential rental vacancy rate of 12.8%.
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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 | |
|---|---|---|---|---|
| 403 Hamlet Ct | Single Family | 2,252 | B |
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| 513 Hamlet Ct | Single Family | 1,482 | B |
|
| 511 Hamlet Ct | Single Family | 2,196 | B |
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| 405 Hamlet Ct | Single Family | 1,464 | B |
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| 400 Hamlet Ct | Single Family | 2,640 | B |
|
| 402 Hamlet Ct | Vacant Residential | 0 | L | |
| 508 Hamlet Ct | Single Family | 2,093 | B |
|
| 509 Hamlet Ct | Single Family | 1,500 | B |
|
| 407 Hamlet Ct | Single Family | 2,631 | B |
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| 404 Hamlet Ct | Single Family | 1,482 | B |
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| 506 Hamlet Ct | Single Family | 1,626 | B |
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| 507 Hamlet Ct | Single Family | 1,500 | B |
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| 406 Hamlet Ct | Single Family | 1,482 | B |
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| 504 Hamlet Ct | Single Family | 1,761 | B |
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| 505 Hamlet Ct | Single Family | 1,436 | B |
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| 3223 Us Highway 441/27 | Restaurant, cafeteria | 2,792 | B |
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| 3261 Us Highway 441/27 | Professional service building | 17,431 | B |
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| 3235 Us Highway 441/27 | Office building, non-professional service building, one story | 5,200 | B |
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| 502 Hamlet Ct | Vacant Residential | 0 | L | |
| 3201 Us Highway 441/27 | Auto sales, auto repair and storage or auto service shop | 4,000 | B |
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| 503 Hamlet Ct | Single Family | 1,482 | B |
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| 3199 Us Highway 441/27 | Repair service shop (excluding automotive) | 5,000 | 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 44 of all properties in this area. This suggests it would appeal to someone earning around $53,563 per year who should qualify for a mortgage between $107,126 and $133,908.
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 44 of all properties in this area. This corresponds to a rent of $955 per month and a monthly household income of $2,836 ($34,032 per year)
Nearby Companies
401 Hamlet Ct
403 Hamlet Ct
508 Hamlet Ct