Lake County Real Estate - Grand Island

Grand Island is in East Central Florida. Grand Island is approximately 17 miles from The Villages (population 51,442) and around 19 miles from Apopka (population 41,542).

Grand Island 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 
36930 Hershey Bear Ln Vacant Residential 0 L
36910 Hershey Bear Ln Mobile Home 1,512 B
Marian Frances Mc Kinney Vacant Residential 0 L
36902 Hershey Bear Ln Mobile Home 1,701 B
36944 Hershey Bear Ln Vacant Residential 0 L
Donald C Josefczyk Jr Vacant Residential 0 L
10400 Gastfield Rd Single Family 1,760 B
10405 Lemon St Mobile Home 1,680 B
10519 Lemon St Single Family 2,934 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 6 of all properties in this area. This suggests it would appeal to someone earning around $14,758 per year who should qualify for a mortgage between $29,516 and $36,895.

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 6 of all properties in this area. This corresponds to a rent of $369 per month and a monthly household income of $1,642 ($19,704 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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