1135 Colony Arms Dr, Lakeland

Polk County Real Estate - Eaton Park

Eaton Park is in the Tampa Bay region of Florida. Eaton Park is approximately 24 miles from Brandon (population 103,483) and around 3 miles from Lakeland (population 97,422).

Eaton Park links:

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Polk County

Polk County is part of the Tampa Bay region of Florida along with Citrus, Hernando, Pasco, Pinellas, Hillsborough, Manatee, and Sarasota counties. It is located inland, to the east of Hillsborough County and Tampa. The county is the geographic center of Florida?s population. Polk County is between the two large metropolitan areas of Tampa and Orlando, which accounts for its rapid population growth rate. Despite the positive growth, unemployment rates are historically lower in Polk County than anywhere else in the state. It has a population in excess of 600,000 and 17 incorporated municipalities.

Polk County's economy revolves around the industries of phosphate mining, agriculture, and tourism. Major private sector employers are Publix Supermarkets, Wal-Mart, Lakeland Regional Medical Center, Winter Haven Hospital, and GEICO. The largest public sector employers are Polk County School Board, Polk County Government, Florida State Government, and City of Lakeland. Though the economy depends less on tourism than in other parts of the state, the building of LEGOLAND Florida in Winter Haven has increased tourism and boosted the economy.

Of all Florida counties, Polk has the 2nd most farmland in the state. Like other areas in the central part of the state, Polk has numerous citrus groves.

A mining and railroad town, Lakeland has steadily grown since its 1885 incorporation. Home to around 100,000 people, Lakeland is the headquarters for Saddle Creek Logistics and Fortune 500 supermarket chain Publix. Lakeland also hosts Florida Polytechnic University, Southeastern University, Florida Southern College, and campuses of Polk State College and Webster University.

Neighboring Properties

AddressTypeSq FtClass 
1141 Colony Arms Dr Single Family 2,294 B
1129 Colony Arms Dr Single Family 2,904 B
5841 Colony Place Dr Single Family 2,853 B
5835 Colony Place Dr Single Family 3,429 B
5847 Colony Place Dr Single Family 2,522 B
1123 Colony Arms Dr Single Family 2,308 B
1136 Colony Arms Dr Single Family 2,359 B
5853 Colony Place Dr Single Family 2,465 B
1153 Colony Arms Dr Single Family 2,922 B
1117 Colony Arms Dr Single Family 2,581 B
1148 Colony Arms Dr Single Family 2,541 B
1112 Colony Arms Dr Single Family 2,783 B
5810 Colony Place Ct Single Family 2,909 B
1066 Colony Park Dr Single Family 2,258 B
5859 Colony Place Dr Single Family 2,388 B
1111 Colony Arms Dr Single Family 2,891 B
1154 Colony Arms Dr Single Family 2,607 B
1044 Helena Ln Single Family 2,476 B
5842 Colony Place Dr Single Family 2,929 B
1060 Colony Park Dr Single Family 2,340 B
5836 Colony Place Dr Single Family 2,880 B
1159 Colony Arms Dr Single Family 3,041 B
5814 Colony Place Ct Single Family 2,423 B
5830 Colony Place Dr Single Family 2,513 B
1115 Colony Arms Ct Single Family 2,981 B
1104 Colony Arms Dr Single Family 2,331 B
1072 Colony Park Dr Single Family 2,118 B
5865 Colony Place Dr Single Family 2,570 B
1105 Colony Arms Dr Single Family 2,922 B
1054 Colony Park Dr Single Family 2,317 B
1121 Colony Arms Ct Single Family 2,655 B
1165 Colony Arms Dr Single Family 3,200 B
1160 Colony Arms Dr Single Family 2,518 B
1127 Colony Arms Ct Single Family 2,565 B
1034 Helena Ln Single Family 2,949 B
5826 Colony Place Ct Single Family 2,466 B
1166 Colony Arms Dr Single Family 2,707 B
1045 Helena Ln Single Family 3,516 B
5818 Colony Place Ct Single Family 2,591 B
1048 Colony Park Dr Single Family 2,519 B
5905 Colony Place Dr Single Family 2,263 B
1078 Colony Park Dr Single Family 2,248 B
5930 Colony Place Dr Single Family 3,206 B
1133 Colony Arms Ct Single Family 2,673 B
5938 Colony Place Dr Single Family 2,973 B

Local Household Income

The median household income in this part of Florida is $65,702. The bottom 10% of the population earn less than $22,137 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $427,118 per year. Most renters earn between $28,020 (20th percentile) and $49,224 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,404 and $164,255.

The tax assessed value of this property places it in percentile 88 of all properties in this area. This suggests it would appeal to someone earning around $141,672 per year who should qualify for a mortgage between $283,344 and $354,180.

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 $894. Most renters earn between $2,335 and $4,102 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $690 (20th percentile) to $1,167 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 88 of all properties in this area. This corresponds to a rent of $1,352 per month and a monthly household income of $4,671 ($56,052 per year)

Nearby Companies

Ambup Inspections, LLC
1048 Colony Park Dr
L. Crosby, LLC
1117 Colony Arms Dr
Optimal Equipment Maintenance, LLC
1153 Colony Arms Dr
Disclaimers and Disclosures

Public Records Data

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