701 Broadoak Loop, Sanford
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).
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 697 Broadoak Loop | Single Family | 2,761 | B |
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| 705 Broadoak Loop | Single Family | 2,543 | B |
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| 693 Broadoak Loop | Single Family | 3,495 | B |
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| 709 Broadoak Loop | Single Family | 3,426 | B |
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| 700 Broadoak Loop | Single Family | 4,181 | B |
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| 704 Broadoak Loop | Single Family | 3,443 | B |
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| 713 Broadoak Loop | Single Family | 3,162 | B |
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| 689 Broadoak Loop | Single Family | 2,320 | B |
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| 708 Broadoak Loop | Single Family | 3,092 | B |
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| 717 Broadoak Loop | Single Family | 2,320 | B |
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| 712 Broadoak Loop | Single Family | 2,822 | B |
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| 685 Broadoak Loop | Single Family | 2,983 | B |
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| 688 Broadoak Loop | Single Family | 2,550 | B |
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| 5591 Whispering Woods Pt | Single Family | 3,162 | B |
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| 716 Broadoak Loop | Single Family | 2,943 | B |
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| 721 Broadoak Loop | Single Family | 2,767 | B |
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| 681 Broadoak Loop | Single Family | 3,349 | B |
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| 680 Broadoak Loop | Single Family | 3,105 | B |
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| 5587 Whispering Woods Pt | Single Family | 2,763 | B |
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| 1235 N Maryland St | Single Family | 3,580 | C |
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| 725 Broadoak Loop | Single Family | 2,819 | B |
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| 5590 Whispering Woods Pt | Single Family | 3,575 | B |
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| 677 Broadoak Loop | Single Family | 3,068 | B |
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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 91 of all properties in this area. This suggests it would appeal to someone earning around $223,166 per year who should qualify for a mortgage between $446,332 and $557,915.
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 91 of all properties in this area. This corresponds to a rent of $1,863 per month and a monthly household income of $6,438 ($77,256 per year)
Nearby Companies
693 Broadoak Loop
5590 Whispering Woods Pt
5578 Whispering Woods Pt
720 Broadoak Loop
725 Broadoak Loop