17131 Bay Ave, Montverde Fl
Lake County Real Estate - Montverde
Montverde is in East Central Florida. It's population as recorded in the 2010 Census was 1,463. Montverde is approximately 18 miles from Orlando (population 238,300) and around 11 miles from Apopka (population 41,542).
The median age for residents of Montverde is 42.2. Around 34.4% of Montverde households include school aged children and 23.4% of households include individuals aged 65 years or over. Census records indicate 92.5% of the Montverde population are White, 2% are Black or African American, .4% American Indian, 1.3% Asian and 2.1% are Two or more Races.
There are 615 housing units in Montverde. 66 (10.7%) of these were reported as vacant in the 2010 Census. Montverde is a tourist destination, 28.7% (19) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 92 residential rental units in Montverde. 86 of them were occupied in 2010 providing a residential rental vacancy rate of 4.3%.
Montverde 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 | |
|---|---|---|---|---|
| 17125 Bay Ave | Mobile Home | 960 | B |
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| 17139 Bay Ave | Mobile Home | 672 | B |
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| 17117 Bay Ave | Vacant Residential | 0 | L | |
| 17147 Bay Ave | Mobile Home | 1,152 | B |
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| 17325 Orange Ct | Mobile Home | 1,344 | B |
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| 17136 Bay Ave | Mobile Home | 732 | B |
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| 17109 Bay Ave | Mobile Home | 1,440 | B |
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| 17151 Bay Ave | Mobile Home | 728 | B |
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| 17324 Orange Ct | Mobile Home | 840 | B |
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| 17333 Orange Ct | Mobile Home | 672 | B |
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| 17332 Tangerine Ct | Mobile Home | 840 | B |
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| 17325 Tangerine Ct | Mobile Home | 1,056 | B |
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| 17103 Bay Ave | Mobile Home | 1,296 | B |
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| 17207 Bay Ave | Mobile Home | 864 | B |
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| 17332 Orange Ct | Mobile Home | 720 | B |
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| 17333 Tangerine Ct | Mobile Home | 864 | B |
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| 17305 Palm Dr | Mobile Home | 696 | B |
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| 17541 Palm Dr | Mobile Home | 1,440 | C |
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| 17341 Orange Ct | Mobile Home | 2,170 | B |
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| 17340 Tangerine Ct | Mobile Home | 728 | B |
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| 17049 Bay Ave | Mobile Home | 1,440 | B |
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| 17341 Tangerine Ct | Mobile Home | 920 | C |
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| 17537 Palm Dr | Mobile Home | 1,164 | B |
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| 17340 Orange Ct | Mobile Home | 1,152 | B |
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| 17349 Orange Ct | Mobile Home | 1,300 | B |
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| 17348 Tangerine Ct | Mobile Home | 1,056 | B |
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| 17533 Palm Dr | Mobile Home | 1,288 | B |
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| 17347 Tangerine Ct | Mobile Home | 1,248 | B |
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| 17544 Palm Dr | Mobile Home | 864 | B |
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| 17317 Palm Dr | Mobile Home | 1,492 | B |
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| 17304 Palm Dr | Mobile Home | 1,440 | B |
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| 17529 Palm Dr | Mobile Home | 1,440 | B |
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| 17540 Palm Dr | Mobile Home | 1,680 | B |
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| 17308 Palm Dr | Mobile Home | 1,344 | B |
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| 17405 Orange Ct | Mobile Home | 784 | B |
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| 17406 Tangerine Ct | Mobile Home | 1,320 | B |
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| 17403 Tangerine Ct | Mobile Home | 784 | 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 5 of all properties in this area. This suggests it would appeal to someone earning around $15,819 per year who should qualify for a mortgage between $31,638 and $39,548.
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 5 of all properties in this area. This corresponds to a rent of $499 per month and a monthly household income of $1,447 ($17,364 per year)
Nearby Companies
17151 Bay Ave