37108 Lake Yale Pl, Grand Island Fl
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).
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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 | |
|---|---|---|---|---|
| 37122 Lake Yale Pl | Single Family | 1,755 | B |
 |
| 37033 Rabbit Run Ln | Single Family | 1,009 | B |
|
| 37138 Lake Yale Pl | Single Family | 2,283 | B |
|
| 37028 Lake Yale Pl | Single Family | 2,134 | B |
|
| 37109 Lake Yale Pl | Single Family | 1,968 | B |
|
| 37123 Lake Yale Pl | Single Family | 1,718 | B |
|
| 37047 Lake Yale Place | Single Family | 1,721 | B |
|
| 13941 Donovan Ln | Single Family | 1,188 | B |
|
| 13917 Donovan Ln | Single Family | 1,176 | 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 62 of all properties in this area. This suggests it would appeal to someone earning around $68,462 per year who should qualify for a mortgage between $136,924 and $171,155.
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 62 of all properties in this area. This corresponds to a rent of $1,000 per month and a monthly household income of $3,278 ($39,336 per year)