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:

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 
1005 Paddington Ter Single Family 1,632 C
1013 Paddington Ter Single Family 1,690 C
1017 Paddington Ter Single Family 1,352 C
1001 Paddington Ter Single Family 1,582 C
1440 Finsbury Ct Single Family 1,352 C
1441 Finsbury Ct Single Family 1,784 C
1024 Paddington Ter Single Family 1,352 C
1444 Finsbury Ct Single Family 2,127 C
993 Paddington Ter Single Family 1,869 C
1023 Paddington Ter Single Family 1,796 C
1445 Finsbury Ct Single Family 2,127 C
1030 Paddington Ter Single Family 1,352 C
989 Paddington Ter Single Family 1,743 C
1448 Finsbury Ct Single Family 1,582 C
1025 Paddington Ter Single Family 1,352 C
1447 Finsbury Ct Single Family 1,352 C
1029 Paddington Ter Single Family 1,352 C
1036 Paddington Ter Single Family 1,352 C
849 Paddington Ter Single Family 1,743 C
1033 Paddington Ter Single Family 1,796 C
985 Paddington Ter Single Family 1,869 C
1452 Finsbury Ct Single Family 1,352 C
1451 Finsbury Ct Single Family 1,632 C
1450 Finsbury Ct Single Family 1,582 C
1449 Finsbury Ct Single Family 1,352 C
1037 Paddington Ter Single Family 1,352 C
1040 Paddington Ter Single Family 1,352 C
857 Paddington Ter Single Family 1,773 C
1041 Paddington Ter Single Family 1,497 C
981 Paddington Ter Single Family 2,211 C
1044 Paddington Ter Single Family 1,433 C
859 Paddington Ter Single Family 1,773 C
1045 Paddington Ter Single Family 1,352 C
980 Paddington Ter Single Family 1,869 C
1046 Paddington Ter Single Family 1,433 C
973 Paddington Ter Single Family 1,743 C
860 Paddington Ter Single Family 1,869 C
1047 Paddington Ter Single Family 1,773 C
1048 Paddington Ter Single Family 1,582 C
861 Paddington Ter Single Family 1,497 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 68 of all properties in this area. This suggests it would appeal to someone earning around $107,654 per year who should qualify for a mortgage between $215,308 and $269,135.

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 68 of all properties in this area. This corresponds to a rent of $1,313 per month and a monthly household income of $5,090 ($61,080 per year)

Nearby Companies

Lear Ltd. Inc.
981 Paddiington Ter
Mercury Mortgage Incorporated
973 Paddington Ter
Lear Enterprises, Inc.
981 Paddington Ter
Cook Consulting Iii, LLC
1451 Finsbury Ct
Louise B. Zeuli, P.A.
1005 Paddington Ter
Cotter Ryan Commercial, LLC
1013 Paddington Ter
Orlando Mortgage Company
1021 Paddington Ter
Florida Global Properties, LLC
1021 Paddington Ter
Ois Ventures LLC
1033 Paddington Ter
Disclaimers and Disclosures

Public Records Data

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