1611 Silk Tree Cir, Sanford

Seminole County Real Estate - Lake Mary

Lake Mary is in East Central Florida. It's population as recorded in the 2010 Census was 13,822. Lake Mary is approximately 16 miles from Orlando (population 238,300) and around 10 miles from Deltona (population 85,182).

The median age for residents of Lake Mary is 42.9. Around 33.9% of Lake Mary households include school aged children and 25.7% of households include individuals aged 65 years or over. Census records indicate 84.5% of the Lake Mary population are White, 4.9% are Black or African American, .2% American Indian, 5.9% Asian and 2.4% are Two or more Races.

There are 5,728 housing units in Lake Mary. 399 (6.9%) of these were reported as vacant in the 2010 Census. There are 1,356 residential rental units in Lake Mary. 1,231 of them were occupied in 2010 providing a residential rental vacancy rate of 8.9%.

Lake Mary links:

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Seminole County

Seminole County is located in the East Central Florida region, along with Brevard, Orange, Volusia, Sumter, Lake, and Osceola County. Cities in Seminole County include Altamonte Springs, Casselberry, Lake Mary, Longwood, Oviedo, Sanford, and Winter Springs. Seminole County?s population is over 420,000 despite being one of the geographically smallest counties in Florida.

Seminole County's major industries include agri-technology, aviation & aerospace, clean technology, and information technology. Top public sector employers in Seminole County are Seminole County Public Schools, Seminole State College of Florida, Seminole County Government, and Seminole County Sheriff Department. The largest private sector employers are Convergys, Florida Hospital, Chase Bankcard Services, Orlando Regional Healthcare, and American Automobile Association.

Known as the Historic Waterfront Gateway City because of its location at the confluence of Lake Monroe and the St. Johns River, Sanford is the seat of Seminole County. Historically a transportation hub for the production of nearby agriculture, Sanford was once known as "Celery City". Home to over 50,000, the city's economy is driven by the service industries and construction. The city's waterfront marinas are still home to commercial craft, but they also host plenty of recreational boats.

AAA (American Automobile Association) is headquartered in the unincorporated Seminole County community of Heathrow.

Neighboring Properties

AddressTypeSq FtClass 
1617 Silk Tree Cir Single Family 2,131 C
1604 Silk Tree Cir Single Family 3,042 C
1599 Silk Tree Cir Single Family 2,802 C
1623 Silk Tree Cir Single Family 2,131 C
1592 Silk Tree Cir Single Family 2,712 C
1634 Silk Tree Cir Single Family 1,948 C
1593 Silk Tree Cir Single Family 2,846 C
1629 Silk Tree Cir Single Family 2,862 C
1652 Silk Tree Cir Single Family 2,131 C
1587 Silk Tree Cir Single Family 2,427 C
1635 Silk Tree Cir Single Family 2,427 C
1658 Silk Tree Cir Single Family 2,131 C
5211 Hester Ave Church 5,878 C
1641 Silk Tree Cir Single Family 2,361 C
1647 Silk Tree Cir Single Family 2,131 C
1653 Silk Tree Cir Single Family 2,479 C
1575 Silk Tree Cir Single Family 2,465 C
1581 Silk Tree Cir Single Family 2,712 C

Local Household Income

The median household income in this part of Florida is $68,144. The bottom 10% of the population earn less than $19,864 per year. The top 10% earn more than $173,484 per year. The top 1% earn more than $407,050 per year. Most renters earn between $28,680 (20th percentile) and $49,980 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $136,288 and $170,360.

The tax assessed value of this property places it in percentile 81 of all properties in this area. This suggests it would appeal to someone earning around $129,507 per year who should qualify for a mortgage between $259,014 and $323,768.

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 $987. Most renters earn between $2,390 and $4,165 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $711 (20th percentile) to $1,389 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 81 of all properties in this area. This corresponds to a rent of $1,418 per month and a monthly household income of $4,210 ($50,520 per year)

Nearby Companies

Central Board Of Education, Inc.
5211 Hester Ave
Husseini Islamic Center Of Florida, Inc.
5211 Hester Ave
Natere, LLC
1581 Silk Tree Cir
Disclaimers and Disclosures

Public Records Data

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