Lake County Real Estate - Groveland

Groveland is in East Central Florida. It's population as recorded in the 2010 Census was 8,729. Groveland is approximately 29 miles from Orlando (population 238,300) and around 27 miles from The Villages (population 51,442).

The median age for residents of Groveland is 33.9. Around 47.5% of Groveland households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 65.6% of the Groveland population are White, 17% are Black or African American, 1% American Indian, 2.5% Asian and 4.2% are Two or more Races. Groveland has a significant Hispanic population. 25.9% (2,263) of Groveland residents are of Hispanic or Latino origin. Of these 34.9% are of Mexican origin, 33.53% Puerto Rican, 5.92% Cuban and 25.62% are of other Hispanic or Latino origin.

There are 3,369 housing units in Groveland. 506 (15%) of these were reported as vacant in the 2010 Census. There are 710 residential rental units in Groveland. 621 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.

Groveland 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 
1738 Crowned Ave Single Family 2,144 B
1730 Crowned Ave Single Family 1,955 B
1633 Stanley Ave Single Family 1,314 B
1637 Stanley Ave Single Family 2,144 B
1629 Stanley Ave Single Family 1,900 B
1726 Crowned Ave Single Family 1,616 B
1742 Crowned Ave Single Family 1,625 B
1735 Crowned Ave Single Family 1,303 B
1731 Crowned Ave Single Family 1,900 B
1739 Crowned Ave Single Family 2,144 B
1625 Stanley Ave Single Family 1,616 B
1641 Stanley Ave Single Family 1,314 B
1722 Crowned Ave Single Family 1,900 B
1746 Crowned Ave Single Family 1,314 B
1727 Crowned Ave Single Family 1,470 B
1743 Crowned Ave Single Family 1,303 B
1621 Stanley Ave Single Family 1,314 B
1645 Stanley Ave Single Family 1,876 B
1723 Crowned Ave Single Family 1,314 B
1747 Crowned Ave Single Family 1,303 B
1634 Stanley Ave Single Family 1,960 B
1718 Crowned Ave Single Family 1,470 B
1638 Stanley Ave Single Family 1,621 B
1630 Stanley Ave Single Family 2,144 B
1750 Crowned Ave Single Family 1,980 B
1617 Stanley Ave Single Family 1,900 B
1626 Stanley Ave Single Family 1,314 B
1642 Stanley Ave Single Family 1,876 B
1649 Stanley Ave Single Family 1,314 B
1719 Crowned Ave Single Family 1,980 B
1751 Crowned Ave Single Family 2,192 B
1622 Stanley Ave Single Family 1,960 B
1646 Stanley Ave Single Family 1,616 B
1714 Crowned Ave Single Family 2,144 B
1756 Crowned Ave Single Family 2,144 B
1613 Stanley Ave Single Family 1,470 B
1653 Stanley Ave Single Family 2,128 B
1533 Sarus Ave Single Family 1,900 B
1618 Stanley Ave Single Family 1,616 B
1755 Crowned Ave Single Family 2,192 B
1537 Sarus Ave Single Family 1,288 B
1715 Crowned Ave Single Family 2,144 B
1525 Sarus Ave Single Family 2,144 B
1650 Stanley Ave Single Family 2,144 B
1541 Sarus Ave Single Family 2,144 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

Hughescre8 LLC
1525 Sarus Ave
Colt & Bella Associates LLC
1634 Stanley Ave
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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