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 
1717 Cherry Ridge Dr Single Family 2,206 C
1709 Cherry Ridge Dr Single Family 2,042 C
1721 Cherry Ridge Dr Single Family 2,302 C
1705 Cherry Ridge Dr Single Family 2,206 C
1725 Cherry Ridge Dr Single Family 2,206 C
1837 Cherry Ridge Dr Single Family 1,902 C
1668 Tennyson Ct Single Family 2,222 C
1701 Cherry Ridge Dr Single Family 2,100 C
1729 Cherry Ridge Dr Single Family 2,317 C
1662 Tennyson Ct Single Family 2,240 C
1840 Cherry Ridge Dr Single Family 2,206 C
1833 Cherry Ridge Dr Single Family 1,902 C
1697 Cherry Ridge Dr Single Family 2,206 C
1733 Cherry Ridge Dr Single Family 2,042 C
1836 Cherry Ridge Dr Single Family 1,902 C
1658 Tennyson Ct Single Family 2,897 C
1829 Cherry Ridge Dr Single Family 2,100 C
1693 Cherry Ridge Dr Single Family 2,100 C
1832 Cherry Ridge Dr Single Family 2,206 C
1825 Cherry Ridge Dr Single Family 2,100 C
1689 Cherry Ridge Dr Single Family 1,947 C
1740 Cherry Ridge Dr Single Family 2,302 C
1828 Cherry Ridge Dr Single Family 2,100 C
6345 Markham Woods Rd Acreage not zoned agricultural with or without extra features 0 L
1654 Tennyson Ct Single Family 2,222 C
1661 Tennyson Ct Single Family 2,628 C
1657 Tennyson Ct Single Family 2,222 C
1681 Cherry Ridge Dr Single Family 1,957 C
1748 Cherry Ridge Dr Single Family 2,302 C
1824 Cherry Ridge Dr Single Family 2,154 C
1692 Cherry Ridge Dr Single Family 2,206 C
1650 Tennyson Ct Single Family 2,222 C
1752 Cherry Ridge Dr Single Family 1,957 C
6355 Markham Woods Rd Single Family 828 C
1677 Cherry Ridge Dr Single Family 1,552 C
1817 Cherry Ridge Dr Single Family 2,100 C
1820 Cherry Ridge Dr Single Family 2,100 C
1649 Tennyson Ct Single Family 2,158 C
1688 Cherry Ridge Dr Single Family 2,078 C
1756 Cherry Ridge Dr Single Family 2,100 C
1658 Cherry Blossom Ter Single Family 2,291 C
1741 Cherry Ridge Dr Single Family 2,100 C
1646 Tennyson Ct Single Family 2,294 C
1673 Cherry Ridge Dr Single Family 1,947 C
1654 Cherry Blossom Ter Single Family 2,222 C
1816 Cherry Ridge Dr Single Family 1,957 C
1813 Cherry Ridge Dr Single Family 2,100 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 75 of all properties in this area. This suggests it would appeal to someone earning around $124,233 per year who should qualify for a mortgage between $248,466 and $310,583.

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 75 of all properties in this area. This corresponds to a rent of $1,426 per month and a monthly household income of $5,455 ($65,460 per year)

Nearby Companies

Tenfour Freight LLC
1658 Cherry Blossom Ter
Efo Edge LLC
1717 Cherry Ridge Dr
Nexen Sys , LLC
1733 Cherry Ridge Dr
The Blend Food Company LLC
1836 Cherry Ridge Dr
N.E.1, Inc
1836 Cherry Ridge Dr
Smitty Snack Shop LLC
1825 Cherry Ridge Dr
Serenity Health Services LLC
1825 Cherry Ridge Dr
Disclaimers and Disclosures

Public Records Data

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