1089 Sabal Palm Dr, Okeechobee
Glades County Real Estate - Moore Haven
Moore Haven is in South Central Florida. It's population as recorded in the 2010 Census was 1,680. Moore Haven is approximately 55 miles from Port Saint Lucie (population 164,603) and around 56 miles from Cape Coral (population 154,305).
The median age for residents of Moore Haven is 36.9. Around 36.2% of Moore Haven households include school aged children and 30.8% of households include individuals aged 65 years or over. Census records indicate 61.1% of the Moore Haven population are White, 24.8% are Black or African American, 0% American Indian, .4% Asian and 2.1% are Two or more Races. Moore Haven has a significant Hispanic population. 35.5% (598) of Moore Haven residents are of Hispanic or Latino origin. Of these 70.9% are of Mexican origin, 6.18% Puerto Rican, 7.02% Cuban and 15.88% are of other Hispanic or Latino origin.
There are 832 housing units in Moore Haven. 219 (26.3%) of these were reported as vacant in the 2010 Census. Moore Haven is a tourist destination, 47.4% (104) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 256 residential rental units in Moore Haven. 212 of them were occupied in 2010 providing a residential rental vacancy rate of 16.4%.
Moore Haven links:
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Glades County
Glades County is located in South Central Florida, along with Desoto, Hendry, Highlands, Okeechobee, and Hardee counties. The only incorporated municipality in Glades County is the city of Moore Haven, the county seat. Other communities include Buckhead Ridge, Lakeport, Palmdale, and Muse. The Brighton Seminole Indian Reservation is in Glades as well. The county is located just to the west of Lake Okeechobee. The population is in excess of 12,000.
The main industries providing employment are educational, health, and social services; agriculture, forestry, fishing, and hunting; public administration; and construction. Major private sector employers in Glades County are Moore Haven Correctional Facility, Lykes Bros, Inc., Brighton Seminole Bingo, Glades Electric Co-op, and A Duda. The top public sector employer is Glades County School Board. Cost of living in Glades County is relatively low at 83.1, compared to the US average of 100.
A rural county, agriculture is important to the economy of Glades. More than 1.2 million commercial fruit trees in the county produce over 2.5 million boxes of citrus annually, the vast majority of which are oranges. Glades ranks number nine among Florida counties for number of cattle and calves. Aside from ranching, much of the county?s land is given over to pine tree farming.
Moore Haven, a city of over 1,500, is located on the southwestern shore of Lake Okeechobee, where it intersects with the Caloosahatchee Canal. The city hosts a head of the Lake Okeechobee Scenic Trail, which allows hikers and mountain bikers to view the lake and its wildlife around the 110-mile path. The city is home to the annual Chalo Nitka festival, one of the oldest festivals in the state, which is essentially a large county fair that showcases local culture and the culture of Seminole Indians.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| Sabal Palm Dr | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 1109 Sabal Palm Dr | Single Family | 1,431 | B |
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| 1127 Sabal Palm Dr | Single Family | 4,821 | A |
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| 1041 Sabal Palm Dr | Single Family | 2,050 | B |
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| 11804 Cypress St | Vacant Residential | 0 | L | |
| Cypress Tree St | Vacant Residential | 0 | L | |
| 1017 Sabal Palm Dr | Single Family | 1,652 | B |
|
| 1025 Cypress Tree St | Single Family | 1,154 | B |
|
| 1133 Cypress Tree St | Single Family | 2,063 | B |
|
| 1048 Cypress Tree St | Single Family | 1,232 | B |
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| 1108 Cypress Tree St | Single Family | 1,927 | B |
|
| 1048 Cypress St | Single Family | 1,351 | B |
|
| 11925 E State Rd 78 | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $44,029. The bottom 10% of the population earn less than $15,516 per year. The top 10% earn more than $109,632 per year. The top 1% earn more than $372,033 per year. Most renters earn between $21,636 (20th percentile) and $39,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $88,058 and $110,073.
The tax assessed value of this property places it in percentile 66 of all properties in this area. This suggests it would appeal to someone earning around $59,640 per year who should qualify for a mortgage between $119,280 and $149,100.
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 $727. Most renters earn between $1,803 and $3,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $494 (20th percentile) to $1,009 (80th percentile) range. The residential vacancy rate is 11%.
This property falls in percentile 66 of all properties in this area. This corresponds to a rent of $847 per month and a monthly household income of $2,849 ($34,188 per year)