510 Hibiscus Ave, Lehigh Acres
Lee County Real Estate - Lehigh Acres
Lehigh Acres is in South West Florida. It's population as recorded in the 2010 Census was 86,784.
The median age for residents of Lehigh Acres is 32.3. Around 44.9% of Lehigh Acres households include school aged children and 22.7% of households include individuals aged 65 years or over. Census records indicate 67.4% of the Lehigh Acres population are White, 19.2% are Black or African American, .4% American Indian, 1.2% Asian and 3.2% are Two or more Races. Lehigh Acres has a significant Hispanic population. 34.3% (29,797) of Lehigh Acres residents are of Hispanic or Latino origin. Of these 30.22% are of Mexican origin, 26.39% Puerto Rican, 21.83% Cuban and 21.55% are of other Hispanic or Latino origin.
There are 38,995 housing units in Lehigh Acres. 9,788 (25.1%) of these were reported as vacant in the 2010 Census. There are 12,287 residential rental units in Lehigh Acres. 10,441 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.
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Lee County
Lee County is located in the southwest Florida region, along with Collier and Charlotte counties. The communities in Lee County include Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, North Fort Myers, San Carlos Park, Sanibel/Captiva, and South Fort Myers. Incorporated communities are Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs, and Sanibel. The population of Lee County is in excess of 600,000.
Top industries currently providing employment are trade, transportation, and utilities; leisure and hospitality; education and health services; and professional and business services. Major private sector employers in Lee County are Publix Supermarkets, Wal-Mart, Chico's FAS Inc., Bonita Bay Group, and WCI Group. Top public sector employers are Lee County School District, Lee County Administration, Lee County Sheriff's Office, and the City of Cape Coral.
Historically, Lee County was best known for its agricultural industry and still heavily produces crops such as sweet corn, cucumbers, peppers and potatoes. Seafood is also produced in large quantities in Lee County. Annually, over five million pounds of fish and two million pounds of shellfish are harvested in Lee County. Today, however, the most dominant industries are tourism, construction, and other service related industries.
The most populous city in southwest Florida is Cape Coral, home to over 150,000. The U.S. Census Bureau estimated that the city grew by 10% from 2010-2013. The city lies on a peninsula surrounded by Charlotte Harbor, with the Caloosahatchee River on the city?s southern border. There are over 400 miles of inland navigable waterways within city limits, the most of any city in the world.
Located across the Caloosahatchee, the county seat of Fort Myers has a population over 60,000 people. The economic heart of Lee County, the city?s strength is in the services, including the healthcare and tourism industries. Just south of the city is Florida Gulf Coast University, Florida's newest public university. Additionally, Florida SouthWestern State College, formerly Edison State College, is located within city limits.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 508 Hibiscus Ave | Vacant Residential | 0 | L | |
| 512 Hibiscus Ave | Vacant Residential | 0 | L | |
| 511 Mckinley Ave | Vacant Residential | 0 | L | |
| 513 Mckinley Ave | Vacant Residential | 0 | L | |
| 509 Mckinley Ave | Vacant Residential | 0 | L | |
| 506 Hibiscus Ave | Single Family | 3,137 | B |
 |
| 514 Hibiscus Ave | Vacant Residential | 0 | L | |
| 511 Hibiscus Ave | Single Family | 3,294 | B |
|
| 515 Mckinley Ave | Vacant Residential | 0 | L | |
| 507 Mckinley Ave | Vacant Residential | 0 | L | |
| 513 Hibiscus Ave | Single Family | 2,966 | B |
|
| 509 Hibiscus Ave | Single Family | 3,892 | B |
|
| 504 Hibiscus Ave | Single Family | 3,589 | B |
|
| 516 Hibiscus Ave | Vacant Residential | 0 | L | |
| 517 Mckinley Ave | Vacant Residential | 0 | L | |
| 505 Mckinley Ave | Vacant Residential | 0 | L | |
| 517 Hibiscus Ave | Single Family | 6,266 | B |
|
| 505 Hibiscus Ave | Single Family | 3,605 | B |
|
| 510 Mckinley Ave | Vacant Residential | 0 | L | |
| 508 Mckinley Ave | Single Family | 2,756 | B |
|
| 512 Mckinley Ave | Vacant Residential | 0 | L | |
| 506 Mckinley Ave | Vacant Residential | 0 | L | |
| 502 Hibiscus Ave | Vacant Residential | 0 | L | |
| 518 Hibiscus Ave | Single Family | 4,099 | B |
|
| 514 Mckinley Ave | Vacant Residential | 0 | L | |
| 519 Mckinley Ave | Vacant Residential | 0 | L | |
| 510 Poinsettia Ave | Single Family | 4,184 | B |
|
| 503 Mckinley Ave | Vacant Residential | 0 | L | |
| 508 Poinsettia Ave | Single Family | 2,601 | B |
|
| 512 Poinsettia Ave | Single Family | 3,786 | B |
|
| 504 Mckinley Ave | Vacant Residential | 0 | L | |
| 519 Hibiscus Ave | Single Family | 2,416 | B |
|
| 503 Hibiscus Ave | Single Family | 4,058 | B |
|
| 506 Poinsettia Ave | Vacant Residential | 0 | L | |
| 516 Mckinley Ave | Vacant Residential | 0 | L | |
| 514 Poinsettia Ave | Single Family | 3,826 | B |
|
Local Household Income
The median household income in this part of Florida is $54,810. The bottom 10% of the population earn less than $20,561 per year. The top 10% earn more than $132,210 per year. The top 1% earn more than $423,775 per year. Most renters earn between $31,140 (20th percentile) and $50,004 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,620 and $137,025.
The tax assessed value of this property places it in percentile 69 of all properties in this area. This suggests it would appeal to someone earning around $78,802 per year who should qualify for a mortgage between $157,604 and $197,005.
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 $980. Most renters earn between $2,595 and $4,167 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $727 (20th percentile) to $1,230 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 69 of all properties in this area. This corresponds to a rent of $1,118 per month and a monthly household income of $3,824 ($45,888 per year)
Nearby Companies
512 Poinsettia Ave