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:

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 
1629 Morning Dr Single Family 1,289 B
707 Minnehaha Ave Multi-family - less than 10 units 2,856 B
1614 Morning Dr Single Family 1,056 B
1645 Morning Dr Single Family 1,256 B
1628 Morning Dr Single Family 1,334 B
723 East Minnehaha Ave Single Family 1,034 B
1560 Bloxam Ave Professional service building 1,102 B
680 & 682 East Minnehaha Ave Multi-family - less than 10 units 1,911 B
708 Pine Ln Single Family 864 B
670 Minnehaha Ave Single Family 1,066 B
1636 Morning Dr Single Family 2,063 B
1680 Bloxam Ave Single Family 2,203 B
639 East Minnehaha Ave Single Family 1,329 B
722 Pine Ln Single Family 775 B
1629 Sunset Dr Single Family 2,017 B
1550 Bloxam Ave Department Store 1,320 B
673 West Magnolia St Single Family 1,172 B
1650 Morning Dr Single Family 1,943 B
1655 Sunset Dr Single Family 1,715 B
743 Minnehaha Ave Single Family 1,127 B
721 Pine Ln Multi-family - less than 10 units 1,656 B
1717 Morning Dr Single Family 1,624 B
742 Pine Ln Single Family 1,090 B
1713 Sunset Dr Single Family 2,221 B
1718 Moring Dr Single Family 1,668 B
731 Pine Ln Single Family 1,167 B
701 State Road 50 Community Shopping Center 44,277 B
767 East Minnehaha Ave Single Family 1,188 B
650 East Minnehaha Ave Retirement Home not eligible for exemption. 28,380 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 42 of all properties in this area. This suggests it would appeal to someone earning around $51,092 per year who should qualify for a mortgage between $102,184 and $127,730.

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 42 of all properties in this area. This corresponds to a rent of $937 per month and a monthly household income of $2,764 ($33,168 per year)

Nearby Companies

Dancing Pig Audio Corp.
1710 Sunset Dr
3t Citrus LLC
1629 Sunset Dr
Disclaimers and Disclosures

Public Records Data

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