12940 Colonnade Cir, Clermont Fl
Lake County Real Estate - Clermont
Clermont is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 28,742. Clermont is approximately 24 miles west of Orlando (population 238,300) and around 18 miles from Apopka (population 41,542). Clermont is a part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.
Clermont is home to the Florida Citrus Tower, one of Florida's first constructed landmarks. The 226-foot tower is the highest observation point in Florida, and was built so visitors could observe the many orange groves that surround it. Clermont is also home to a historic downtown area, known as the Clermont Historic Village. The property for the historic village was purchased by the City of Clermont in 1996 and includes the Train Depot and Quonset Hut. In 2014 Clermont's median family income was approximately $48,000 a year. It's real estate is made up primarily of middle-class homes.
The median age for residents of Clermont is 40.9. Around 32.6% of Clermont households include school aged children and 34.8% of households include individuals aged 65 years or over. Census records indicate 71.6% of the Clermont population are White, 14.4% are Black or African American, .4% American Indian, 4.1% Asian and 3.8% are Two or more Races.
There are 12,730 housing units in Clermont. 1,514 (11.8%) of these were reported as vacant in the 2010 Census. Clermont is a tourist destination, 29.7% (450) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,966 residential rental units in Clermont. 3,566 of them were occupied in 2010 providing a residential rental vacancy rate of 9.6%.
Clermont links:
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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 | |
|---|---|---|---|---|
| 12934 Colonnade Cir | Single Family | 3,915 | B |
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| 12946 Colonnade Cir | Single Family | 3,915 | B |
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| 12010 Topaz St | Single Family | 1,888 | B |
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| 12941 Colonnade Cir | Single Family | 2,769 | B |
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| 12935 Colonnade Cir | Single Family | 3,915 | B |
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| 13000 Colonnade Cir | Single Family | 4,168 | B |
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| 12928 Colonnade Cir | Single Family | 2,473 | B |
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| 12005 Garnet Dr | Single Family | 1,902 | B |
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| 12929 Colonnade Cir | Single Family | 2,502 | B |
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| 12003 Topaz St | Utility | 0 | L | |
| 12220 Lakeshore Dr | Single Family | 1,948 | B |
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| 11903 Still Meadow Dr | Single Family | 2,490 | B |
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| 12022 Topaz St | Single Family | 1,835 | B |
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| 11909 Still Meadow Dr | Single Family | 2,132 | B |
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| 13006 Colonnade Cir | Single Family | 2,769 | B |
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| 12017 Garnet Dr | Single Family | 2,103 | B |
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| 12021 Topaz St | Single Family | 2,099 | B |
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| 11915 Still Meadow Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 12923 Colonnade Cir | Single Family | 3,915 | B |
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| 12920 Colonnade Cir | Single Family | 2,434 | B |
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| 12034 Topaz St | Single Family | 3,172 | B |
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| 13012 Colonnade Cir | Single Family | 2,112 | B |
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| 11901 Hilltop Dr | Single Family | 1,896 | B |
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| 12650 Lake Ridge Cir | Undefined - Reserved for Use by Department of Revenue | 2,610 | B |
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| 11921 Still Meadow Dr | Single Family | 2,401 | B |
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| 12029 Garnet Dr | Single Family | 1,909 | 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 83 of all properties in this area. This suggests it would appeal to someone earning around $110,839 per year who should qualify for a mortgage between $221,678 and $277,098.
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 83 of all properties in this area. This corresponds to a rent of $1,476 per month and a monthly household income of $4,110 ($49,320 per year)
Nearby Companies
12940 Colonnade Cir