Seminole County Real Estate - Altamonte Springs

Altamonte Springs is in East Central Florida. It's population as recorded in the 2010 Census was 41,496. Altamonte Springs is approximately 8 miles from Orlando (population 238,300) and around 18 miles from Deltona (population 85,182).

The median age for residents of Altamonte Springs is 35.5. Around 26.2% of Altamonte Springs households include school aged children and 19.6% of households include individuals aged 65 years or over. Census records indicate 72.4% of the Altamonte Springs population are White, 13.7% are Black or African American, .3% American Indian, 3.3% Asian and 3.7% are Two or more Races. Altamonte Springs has a significant Hispanic population. 24.2% (10,067) of Altamonte Springs residents are of Hispanic or Latino origin. Of these 9.25% are of Mexican origin, 47.06% Puerto Rican, 7.8% Cuban and 35.86% are of other Hispanic or Latino origin.

There are 22,088 housing units in Altamonte Springs. 2,962 (13.4%) of these were reported as vacant in the 2010 Census. There are 12,738 residential rental units in Altamonte Springs. 11,040 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.

Altamonte Springs links:

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 
203 Harris St Single Family 1,135 C
181 Pine St Single Family 816 C
110 Harris St Single Family 1,296 C
1151 Merritt St Single Family 1,288 C
1159 Merritt St Single Family 1,190 C
1138 Pine St Single Family 856 C
1163 Merritt St Single Family 896 C
1171 Merritt St Single Family 1,351 C
1127 Merritt St Single Family 1,160 C
1146 Pine St Single Family 1,112 C
1141 Pine St Single Family 1,046 C
Harris St Vacant Residential 0 L
1175 Merritt St Single Family 1,152 C
1121 Merritt St Single Family 1,456 C
1164 Pine St Church 2,931 C
1151 Pine St Single Family 1,188 C
1125 Morse St Store, one story 464 C
1129 Morse St Single Family 1,116 C
Morse St Vacant Residential 0 L
345 N Leon St Single Family 780 C
Merritt 1195 St Multi-family - 10 units or more 13,818 C
1180 Merritt St Single Family 1,240 C
140 Jackson St Vacant Residential 0 L
251 N Leon St Single Family 1,396 C

Local Household Income

The median household income in this part of Florida is $70,342. The bottom 10% of the population earn less than $22,794 per year. The top 10% earn more than $160,394 per year. The top 1% earn more than $421,659 per year. Most renters earn between $33,264 (20th percentile) and $54,444 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $140,684 and $175,855.

The tax assessed value of this property places it in percentile 1 of all properties in this area. This suggests it would appeal to someone earning around $4,048 per year who should qualify for a mortgage between $8,096 and $10,120.

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 $1,025. Most renters earn between $2,772 and $4,537 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $782 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 1 of all properties in this area. This corresponds to a rent of $316 per month and a monthly household income of $1,140 ($13,680 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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