1809 Vale Rd, Clermont Fl
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:
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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 | |
|---|---|---|---|---|
| 1803 Vale Dr | Single Family | 2,140 | B |
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| 1815 Vale Dr | Single Family | 4,062 | B |
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| 1797 Vale Dr | Single Family | 2,088 | B |
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| 1869 Knollcrest Dr | Single Family | 2,808 | B |
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| 1810 Vale Dr | Single Family | 2,088 | B |
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| 1804 Vale Dr | Single Family | 2,654 | B |
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| 1875 Knollcrest Dr | Single Family | 3,016 | B |
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| 1816 Vale Dr | Single Family | 2,654 | B |
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| 1798 Vale Dr | Single Family | 2,088 | B |
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| 1791 Vale Dr | Single Family | 2,916 | B |
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| 1792 Vale Dr | Single Family | 2,654 | B |
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| 1822 Vale Dr | Single Family | 3,016 | B |
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| 1883 Knollcrest Dr | Single Family | 2,654 | B |
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| 1786 Vale Dr | Single Family | 1,892 | B |
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| 1828 Vale Dr | Single Family | 1,892 | B |
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| 1866 Knollcrest Dr | Single Family | 1,892 | B |
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| 1889 Knollcrest Dr | Single Family | 2,654 | B |
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| 1872 Knollcrest Dr | Single Family | 2,654 | B |
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| 1779 Vale Dr | Single Family | 2,088 | B |
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| 1780 Vale Dr | Single Family | 3,016 | B |
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| 1878 Knollcrest Dr | Single Family | 2,654 | B |
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| 1834 Vale Dr | Single Family | 2,654 | B |
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| 1895 Knollcrest Dr | Single Family | 3,016 | B |
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| 1884 Knollcrest Dr | Single Family | 1,892 | B |
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| 1774 Vale Dr | Single Family | 2,161 | B |
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| 1773 Vale Dr | Single Family | 1,892 | B |
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| 1780 Presidio Dr | Single Family | 2,244 | B |
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| 600 Southridge Rd | Single Family | 3,480 | B |
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| 1971 Country Brook Ave | Single Family | 2,593 | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $85,751 per year who should qualify for a mortgage between $171,502 and $214,378.
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 71 of all properties in this area. This corresponds to a rent of $1,223 per month and a monthly household income of $3,554 ($42,648 per year)
Nearby Companies
1822 Vale Dr
1815 Vale Dr