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 
1270 Singleton Cir Single Family 1,980 B
1282 Singleton Cir Single Family 1,642 B
1264 Singleton Cir Single Family 1,576 B
1288 Greenly Ave Single Family 1,975 B
1258 Singleton Cir Single Family 1,980 B
1294 Greenley Ave Single Family 1,822 B
1271 Singleton Cir Single Family 1,732 B
1259 Singleton Cir Single Family 1,980 B
1252 Singleton Cir Single Family 1,756 B
1261 Greenley Ave Single Family 1,980 B
1253 Singleton Cir Single Family 1,786 B
1267 Greenley Ave Single Family 1,536 B
1255 Greenley Ave Single Family 1,940 B
1246 Singleton Cir Single Family 1,822 B
1273 Greenely Dr Single Family 1,786 B
1249 Greenley Ave Single Family 1,980 B
1279 Greenley Ave Single Family 1,536 B
1243 Greenley Ave Single Family 1,822 B
1241 Singleton Cir Single Family 1,576 B
14601 Green Valley Blvd Golf course or driving range 14,497 B
1226 Greenley Ave Single Family 1,980 B
1240 Singleton Cir Single Family 1,029 B
1285 Greenley Ave Single Family 1,822 B
1237 Greenley Ave Single Family 1,992 B
1291 Greenley Ave Single Family 1,822 B
1231 Greenley Ave Single Family 2,417 B
1234 Singleton Cir Single Family 1,822 B
1220 Greenley Ave Single Family 1,822 B
1225 Greenley Ave Single Family 2,336 B
1297 Greenley Ave Single Family 1,576 B
1211 Stoneham Dr Single Family 2,272 B
1214 Greenley Ave Single Family 1,822 B
1228 Singleton Cir Single Family 1,642 B
1219 Greenley Ave Single Family 1,909 B
14819 County Road 565a Single Family 1,401 B
1303 Greenley Ave Single Family 1,732 B
1205 Stoneham Dr Single Family 1,642 B
14827 County Road 565a Single Family 1,529 B
1208 Greenley Ave Single Family 1,980 B
1222 Singleton Cir Single Family 1,822 B
1221 Singleton Cir Single Family 1,822 B
1213 Greenley Ave Single Family 2,336 B
14811 County Road 565-A Single Family 1,912 B
1309 Greenley Ave Single Family 1,975 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 39 of all properties in this area. This suggests it would appeal to someone earning around $48,512 per year who should qualify for a mortgage between $97,024 and $121,280.

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
$48,512

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 39 of all properties in this area. This corresponds to a rent of $912 per month and a monthly household income of $2,638 ($31,656 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
$2,638
$912

Nearby Companies

Vallabh Krupa, LLC
1237 Greenley 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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