25309 Ironwedge Dr, Sorrento Fl
Lake County Real Estate - Sorrento
Sorrento is in East Central Florida. It's population as recorded in the 2010 Census was 861. Sorrento is approximately 22 miles from Orlando (population 238,300) and around 19 miles from Deltona (population 85,182).
The median age for residents of Sorrento is 33.7. Around 39.8% of Sorrento households include school aged children and 24.2% of households include individuals aged 65 years or over. Census records indicate 76.4% of the Sorrento population are White, 2.4% are Black or African American, 11.8% American Indian, .2% Asian and 2.9% are Two or more Races. Sorrento has a significant Hispanic population. 30.4% (262) of Sorrento residents are of Hispanic or Latino origin. Of these 79.38% are of Mexican origin, 7.63% Puerto Rican, .76% Cuban and 12.21% are of other Hispanic or Latino origin.
There are 318 housing units in Sorrento. 42 (13.2%) of these were reported as vacant in the 2010 Census. There are 111 residential rental units in Sorrento. 97 of them were occupied in 2010 providing a residential rental vacancy rate of 12.6%.
Sorrento 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 | |
|---|---|---|---|---|
| 25313 Ironwedge Dr | Single Family | 1,282 | B |
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| 25305 Ironwedge Dr | Single Family | 1,734 | B |
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| 25301 Ironwedge Dr | Single Family | 1,487 | B |
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| 25317 Irnowedge Dr | Single Family | 1,487 | B |
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| 25253 Ironwedge Dr | Single Family | 1,894 | B |
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| 25205 Adair Ave | Single Family | 2,688 | B |
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| 25321 Ironwedge Dr | Single Family | 2,002 | B |
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| 25304 Ironwedge Dr | Single Family | 1,901 | B |
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| 25249 Ironwedge Dr | Single Family | 1,746 | B |
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| 30431 Seaforth Dr | Single Family | 0 | B | |
| 25325 Ironwedge Dr | Single Family | 1,487 | B |
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| 25320 Ironwedge Dr | Single Family | 1,909 | B |
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| 25128 Adair Ave | Single Family | 1,224 | B |
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| 25133 Adair Ave | Single Family | 1,112 | B |
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| 25252 Ironwedge Dr | Single Family | 1,488 | B |
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| 25245 Ironwedge Dr | Single Family | 2,769 | B |
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| 25137 Spring Hill Ave | Single Family | 1,458 | B |
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| 30430 Seaforth Dr | Single Family | 1,739 | B |
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| 25329 Ironwedge Dr | Single Family | 2,002 | B |
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| 25140 Springhill Ave | Single Family | 1,045 | B |
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| 30405 Dubsdread Dr | Single Family | 1,192 | B |
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| 25122 Adair Ave | Single Family | 1,595 | B |
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| 25246 Ironwedge Dr | Single Family | 1,901 | B |
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| 30431 Alcrest Ave | Single Family | 1,303 | B |
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| 25239 Ironwedge Dr | Single Family | 1,738 | B |
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| 25123 Adair Ave | Single Family | 1,476 | B |
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| 25130 Ensley Ave | Single Family | 1,120 | B |
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| 25333 Ironwedge Dr | Single Family | 2,000 | B |
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| 25130 Springhill Ave | Single Family | 1,439 | B |
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| 25240 Ironwedge Dr | Single Family | 1,477 | B |
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| 30436 Seaforth Dr | Single Family | 1,045 | B |
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| 30411 Dubsdread Dr | Single Family | 1,404 | B |
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| 25233 Ironwedge Dr | Single Family | 1,894 | B |
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| 30437 Alcrest Ave | Single Family | 1,764 | B |
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| 25337 Ironwedge Dr | Single Family | 1,552 | B |
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| 25234 Ironwedge Dr | Single Family | 1,894 | B |
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Local Household Income
The median household income in this part of Florida is $54,508. The bottom 10% of the population earn less than $19,472 per year. The top 10% earn more than $126,999 per year. The top 1% earn more than $446,344 per year. Most renters earn between $26,532 (20th percentile) and $49,788 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,016 and $136,270.
The tax assessed value of this property places it in percentile 50 of all properties in this area. This suggests it would appeal to someone earning around $54,508 per year who should qualify for a mortgage between $109,016 and $136,270.
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 $890. Most renters earn between $2,211 and $4,149 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $655 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 11%.
This property falls in percentile 50 of all properties in this area. This corresponds to a rent of $890 per month and a monthly household income of $2,904 ($34,848 per year)
Nearby Companies
25245 Ironwedge Dr
25137 Springhill Ave
25123 Adair Ave