Highlands County Real Estate - Lake Placid

Lake Placid is in South Central Florida. It's population as recorded in the 2010 Census was 2,223. Lake Placid is approximately 49 miles from Lehigh Acres (population 86,784) and around 50 miles from Port Charlotte (population 54,392).

The median age for residents of Lake Placid is 34.4. Around 33.7% of Lake Placid households include school aged children and 38.4% of households include individuals aged 65 years or over. Census records indicate 69.5% of the Lake Placid population are White, 7.1% are Black or African American, .4% American Indian, 1.1% Asian and 2.6% are Two or more Races. Lake Placid has a significant Hispanic population. 46% (1,024) of Lake Placid residents are of Hispanic or Latino origin. Of these 84.66% are of Mexican origin, 5.56% Puerto Rican, 2.53% Cuban and 7.22% are of other Hispanic or Latino origin.

There are 1,040 housing units in Lake Placid. 199 (19.1%) of these were reported as vacant in the 2010 Census. There are 571 residential rental units in Lake Placid. 472 of them were occupied in 2010 providing a residential rental vacancy rate of 16.3%.

Lake Placid links:

Highlands County

Highlands County is located in the south central Florida region, along with Desoto, Hendry, Glades, Okeechobee, and Hardee counties. The largest industries providing employment are education & health services, natural resources & mining, trade & transportation, and government. Major private sector employers for Highlands County are Florida Hospital Heartland Division, Highlands Regional Medical Center, Cross Country Automotive Services, Wal-Mart Sebring, and Medical Data Systems. Top public sector employers are Highlands County School Board and Highlands County Board of Commissioners. Incorporated cities and towns include Avon Park, Lake Placid, and Sebring (county seat)

Neighboring Properties

AddressTypeSq FtClass 
216 Guymon Ave Nw Vacant Residential 0 L
212 Guymon Ave Nw Vacant Residential 0 L
107 Kaiser Ave Nw Vacant Residential 0 L
109 Kaiser Ave Nw Vacant Residential 0 L
105 Kaiser Ave Nw Vacant Residential 0 L
1226 Washington Blvd Nw Vacant Residential 0 L
318 Guymon Ave Nw Vacant Residential 0 L
1220 Washington Blvd Nw Vacant Residential 0 L
111 Kaiser Ave Nw Vacant Residential 0 L
101 Ellison Ave Single Family 2,163 B
1330 Washington Blvd Nw Vacant Residential 0 L
320 Guymon Ave Nw Single Family 1,803 B
113 Kaiser Ave Nw Vacant Residential 0 L
100 Ellison Ave Single Family 2,412 B
321 Guymon Ave Nw Vacant Residential 0 L
106 Kaiser Ave Nw Vacant Residential 0 L
1332 Washington Blvd Nw Vacant Residential 0 L
104 Kaiser Ave Nw Vacant Residential 0 L
108 Kaiser Ave Nw Single Family 1,848 B
322 Guymon Ave Nw Vacant Residential 0 L
1114 Washington Blvd Nw Single Family 1,908 B
105 Ellison Ave Vacant Residential 0 L
115 Kaiser Ave Nw Vacant Residential 0 L
406 Lake August Dr Single Family 1,912 B
1225 Washington Blvd Nw Multi-family - less than 10 units 1,978 B
1223 Washington Blvd Nw Vacant Residential 0 L
323 Guymon Ave Nw Vacant Residential 0 L
112 Kaiser Ave Nw Vacant Residential 0 L
1221 Washington Blvd Nw Vacant Residential 0 L
107 Ellison Ave Single Family 1,421 B
1331 Washington Blvd Nw Single Family 2,502 B
324 Guymon Ave Nw Vacant Residential 0 L
1117 Washington Blvd Nw Vacant Residential 0 L
111 Prince Ave Nw Vacant Residential 0 L
105 Draycott Ave Vacant Residential 0 L
408 Lake August Dr Single Family 2,074 B
114 Kaiser Ave Nw Vacant Residential 0 L
110 Ellison Ave Vacant Residential 0 L
1110 Washington Blvd Nw Vacant Residential 0 L
1115 Washington Blvd Nw Single Family 1,592 B
109 Ellison Ave Vacant Residential 0 L
325 Guymon Ave Nw Vacant Residential 0 L
119 Kaiser Ave Nw Single Family 2,178 B

Local Household Income

The median household income in this part of Florida is $44,029. The bottom 10% of the population earn less than $15,516 per year. The top 10% earn more than $109,632 per year. The top 1% earn more than $372,033 per year. Most renters earn between $21,636 (20th percentile) and $39,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $88,058 and $110,073.

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 $71,098 per year who should qualify for a mortgage between $142,196 and $177,745.

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 $727. Most renters earn between $1,803 and $3,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $494 (20th percentile) to $1,009 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 75 of all properties in this area. This corresponds to a rent of $937 per month and a monthly household income of $3,092 ($37,104 per year)

Disclaimers and Disclosures

Public Records Data

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