Seminole County Real Estate - Lake Monroe

Lake Monroe is in East Central Florida. Lake Monroe is approximately 20 miles from Orlando (population 238,300) and around 6 miles from Deltona (population 85,182).

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 
1673 Cherry Ridge Dr Single Family 1,947 C
1681 Cherry Ridge Dr Single Family 1,957 C
1665 Cherry Ridge Dr Single Family 2,100 C
1689 Cherry Ridge Dr Single Family 1,947 C
1650 Tennyson Ct Single Family 2,222 C
1654 Tennyson Ct Single Family 2,222 C
1693 Cherry Ridge Dr Single Family 2,100 C
1646 Tennyson Ct Single Family 2,294 C
1658 Tennyson Ct Single Family 2,897 C
1642 Tennyson Ct Single Family 2,294 C
1668 Cherry Ridge Dr Single Family 2,100 C
1697 Cherry Ridge Dr Single Family 2,206 C
1688 Cherry Ridge Dr Single Family 2,078 C
1672 Cherry Ridge Dr Single Family 1,947 C
1657 Cherry Ridge Dr Single Family 3,271 C
1692 Cherry Ridge Dr Single Family 2,206 C
1664 Cherry Ridge Dr Single Family 2,100 C
1684 Cherry Ridge Dr Single Family 2,317 C
1662 Tennyson Ct Single Family 2,240 C
1680 Cherry Ridge Dr Single Family 2,100 C
1660 Cherry Ridge Dr Single Family 2,042 C
1701 Cherry Ridge Dr Single Family 2,100 C
1638 Tennyson Ct Single Family 2,291 C
1656 Cherry Ridge Dr Single Family 2,100 C
1653 Cherry Ridge Dr Single Family 3,447 C
1657 Tennyson Ct Single Family 2,222 C
1705 Cherry Ridge Dr Single Family 2,206 C
1649 Tennyson Ct Single Family 2,158 C
1668 Tennyson Ct Single Family 2,222 C
1641 Tennyson Ct Single Family 2,240 C
1634 Tennyson Ct Single Family 2,669 C
1709 Cherry Ridge Dr Single Family 2,042 C
1661 Tennyson Ct Single Family 2,628 C
1694 Cherry Blossom Ter Single Family 3,067 C
1652 Cherry Ridge Dr Single Family 2,504 C
1630 Tennyson Ct Single Family 2,294 C
1678 Cherry Blossom Ter Single Family 2,222 C
1698 Cherry Blossom Ter Single Family 2,895 C
1713 Cherry Ridge Dr Single Family 2,100 C
1674 Cherry Blossom Ter Single Family 2,579 C
1648 Cherry Ridge Dr Single Family 3,067 C
1662 Cherry Blossom Ter Single Family 2,579 C
1717 Cherry Ridge Dr Single Family 2,206 C

Local Household Income

The median household income in this part of Florida is $78,153. The bottom 10% of the population earn less than $26,892 per year. The top 10% earn more than $204,219 per year. The top 1% earn more than $633,506 per year. Most renters earn between $39,756 (20th percentile) and $67,296 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $156,306 and $195,383.

The tax assessed value of this property places it in percentile 67 of all properties in this area. This suggests it would appeal to someone earning around $105,461 per year who should qualify for a mortgage between $210,922 and $263,653.

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 $1,097. Most renters earn between $3,313 and $5,608 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $850 (20th percentile) to $1,513 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 67 of all properties in this area. This corresponds to a rent of $1,303 per month and a monthly household income of $5,072 ($60,864 per year)

Nearby Companies

24 Our Health LLC
1653 Cherry Ridge Dr
Twins Management Company Inc
1673 Cherry Ridge Dr
Concierge Wealth Strategists, LLC
1676 Cherry Ridge Dr
Biscuitsandbbq, LLC
1676 Cherry Ridge Dr
Efo Edge LLC
1717 Cherry Ridge Dr
Disclaimers and Disclosures

Public Records Data

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