Lake County Real Estate - Minneola

Minneola is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 9,403. Minneola is approximately 22 miles west of  Orlando (population 238,300), 16 miles from Apopka (population 41,542) and east of Lake Minneola.  The city is a part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.

Much of the small town is rural, and it's status in the citrus industry has made it the namesake of the Minneola tangelo. The English translation of the town's name is "much water", named by American Indians native to the area because of it's many beautiful lakes. The late 19th century brought settlers to the town, like Henry Wilson, who planted a grove there in 1881, establishing it's place in the citrus industry.

The median age for residents of Minneola is 34.5. Around 47.1% of Minneola households include school aged children and 18.5% of households include individuals aged 65 years or over. Census records indicate 76.5% of the Minneola population are White, 11.2% are Black or African American, .6% American Indian, 2.4% Asian and 3.5% are Two or more Races. Minneola has a significant Hispanic population. 20.2% (1,908) of Minneola residents are of Hispanic or Latino origin. Of these 16.09% are of Mexican origin, 52.09% Puerto Rican, 7.02% Cuban and 24.79% are of other Hispanic or Latino origin.

There are 3,558 housing units in Minneola. 344 (9.6%) of these were reported as vacant in the 2010 Census. There are 844 residential rental units in Minneola. 756 of them were occupied in 2010 providing a residential rental vacancy rate of 10.1%.

Minneola 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 
587 Southridge Rd Single Family 3,058 B
599 Southridge Rd Single Family 2,102 B
1813 Ridge Valley St Single Family 2,674 B
1819 Ridge Valley St Single Family 3,107 B
600 Southridge Rd Single Family 3,480 B
581 Southridge Rd Single Family 2,550 B
1840 Vale Dr Single Family 1,596 B
594 Southridge Rd Single Family 3,127 B
1846 Vale Dr Single Family 2,654 B
588 Southridge Rd Single Family 2,550 B
1834 Vale Dr Single Family 2,654 B
1812 Ridge Valley St Single Family 3,832 B
1825 Ridge Valley St Single Family 3,281 B
1852 Vale Dr Single Family 2,101 B
1828 Vale Dr Single Family 1,892 B
575 Southridge Rd Single Family 2,208 B
1858 Vale Dr Single Family 2,654 B
1818 Ridge Valley St Single Family 1,700 B
1822 Vale Dr Single Family 3,016 B
582 Southridge Rd Single Family 2,550 B
1831 Ridge Valley St Single Family 3,281 B
1776 Presidio Dr Single Family 2,325 B
1778 Presidio Dr Single Family 2,035 B
1774 Presidio Dr Single Family 1,870 B
1864 Vale Dr Single Family 1,757 B
1816 Vale Dr Single Family 2,654 B
1824 Ridge Valley St Single Family 2,730 B
569 Southridge Rd Single Family 3,884 B
576 Southridge Rd Single Family 2,768 B
1780 Presidio Dr Single Family 2,244 B
1971 Country Brook Ave Single Family 2,593 B
1810 Vale Dr Single Family 2,088 B
1837 Ridge Valley St Single Family 3,107 B
1772 Presidio Dr Single Family 1,762 B
1870 Vale Dr Single Family 3,032 B
1811 Wake Forest Ave Single Family 2,550 B
1866 Knollcrest Dr Single Family 1,892 B
1972 Country Brook Ave Single Family 3,032 B
1830 Ridge Valley St Single Family 1,684 B
570 Southridge Rd Single Family 2,550 B
563 Southridge Rd Single Family 3,466 B
1804 Vale Dr Single Family 2,654 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 82 of all properties in this area. This suggests it would appeal to someone earning around $107,786 per year who should qualify for a mortgage between $215,572 and $269,465.

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 82 of all properties in this area. This corresponds to a rent of $1,453 per month and a monthly household income of $4,078 ($48,936 per year)

Nearby Companies

Optimus Sanitas, LLC.
1818 Ridge Valley St
Maria Molina LLC
1822 Vale Dr
D & K Remodelers Inc.
1846 Vale Dr
Disclaimers and Disclosures

Public Records Data

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