114 Mandarin Lake Rd, Melrose
Putnam County Real Estate - Putnam Hall
Putnam Hall is in North Eastern Florida. Putnam Hall is approximately 23 miles from Gainesville (population 124,354) and around 28 miles from Fleming Island (population 27,126).
Putnam Hall links:
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Putnam County
Putnam County is part of the northeastern region of Florida, along with Baker, Clay, Duval, Nassau, St John's, and Flagler counties. Putnam County is an industrial rural community. The top industries by employment for Putnam County are government; trade, transportation & utilities; education & health services; and manufacturing. Putnam County's major private sector employers are Georgia Pacific, Putnam Community Center, Wal-Mart, Precision Response Corporation, and Seminole Electric Corporation. Top public sector employers are Putnam County School District, St. Johns River Water Management District, and Putnam County. Cities and towns in Putnam County include Crescent City, Interlachen, Palatka (county seat), Pomona Park, and Welaka.
Palatka is the principal center of the Palatka Micropolitan Statistical Area, which encompasses Putnam County. The city of over 10,000 lies on the St. Johns River. In addition to being a port, Palatka is home to manufacturing centers operated by Georgia Pacific and Veritas Steel.
The county has a number of natural areas for recreation, including the northeastern section of Ocala National Forest, Etoniah Creek State Forest, Rice Creek Conservation Area, Horseshoe Point Conservation Area, the Marjorie Harris Carr Cross Florida Greenway, and Dunns Creek. The county includes over 175 miles of state-certified canoe paths. Palatka can also lay claim to a Ravine Gardens State Park, created in the 1930s. Palatka and the town of Interlachen both have arts & culture activities, including museums and galleries, wildlife observatories, and historic sites.
Forestry is the most important part of the agricultural industry in Putnam County. Timber consumes more land than any other agricultural product. Farms in the county produce crops including potatoes, cabbage, and poultry. Like other places in Florida, cattle ranching and citrus harvesting are also important agricultural activities.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 108 Mandarin Lake Rd | Vacant Residential | 0 | L | |
| 118 Mandarin Lake Rd | Vacant Residential | 0 | L | |
| 106 Mandarin Lake Rd | Single Family | 4,754 | B |
 |
| 127 Mandarin Lake Rd | Single Family | 2,820 | B |
|
| 120 Mandarin Lake Rd | Single Family | 1,440 | B |
|
| 115 Mandarin Lake Rd | Vacant Residential | 0 | L | |
| 102 Mandarin Lake Rd | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $49,931. The bottom 10% of the population earn less than $15,373 per year. The top 10% earn more than $116,429 per year. The top 1% earn more than $364,896 per year. Most renters earn between $19,848 (20th percentile) and $42,288 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $99,862 and $124,828.
The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $100,188 per year who should qualify for a mortgage between $200,376 and $250,470.
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 $792. Most renters earn between $1,654 and $3,524 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $471 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,213 per month and a monthly household income of $3,731 ($44,772 per year)