123 Fox Ridge Rd, Lake Placid
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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 125 Fox Ridge Rd | Single Family | 2,172 | B |
 |
| 121 Fox Ridge Rd | Single Family | 2,121 | B |
|
| 700 Catfish Creek Rd | Single Family | 2,147 | B |
|
| 702 Catfish Creek Rd | Single Family | 2,870 | B |
|
| 119 Fox Ridge Rd | Single Family | 2,054 | B |
|
| 634 Catfish Creek Rd | Single Family | 2,002 | B |
|
| 124 Fox Ridge Rd | Single Family | 1,865 | B |
|
| 127 Orange Rd Nw | Vacant Residential | 0 | L | |
| 122 Fox Ridge Rd | Single Family | 2,063 | B |
|
| 704 Catfish Creek Rd | Single Family | 2,040 | B |
|
| 632 Catfish Creek Rd | Single Family | 1,755 | B |
|
| 117 Fox Ridge Rd | Single Family | 1,931 | B |
|
| 129 Tangerine Rd | Single Family | 3,147 | B |
|
| 708 Catfish Creek Rd | Vacant Residential | 0 | L | |
| 118 Fox Ridge Rd | Single Family | 2,240 | B |
|
| 131 Tangerine Rd | Single Family | 2,294 | B |
|
| 628 Catfish Creek Rd | Single Family | 1,339 | B |
|
| 125 Tangerine Rd | Vacant Residential | 0 | L | |
| 115 Fox Ridge Rd | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 233 Fox Ridge Rd | Single Family | 2,941 | B |
|
| 123 Tangerine Rd | Vacant Residential | 0 | L | |
| 712 Catfish Creek Rd | Vacant Residential | 0 | L | |
| 230 Fox Ridge Rd | Single Family | 2,286 | B |
|
| 624 Catfish Creek Rd | Single Family | 1,750 | B |
|
| 116 Fox Ridge Rd | Single Family | 2,127 | B |
|
| 121 Tangerine Rd | Single Family | 2,086 | B |
|
| 113 Fox Ridge Rd | Vacant Residential | 0 | L | |
| 625 Catfish Creek Rd | Single Family | 2,609 | B |
|
| 716 Catfish Creek Rd | Single Family | 1,604 | B |
|
| 235 Tangerine Rd | Single Family | 1,880 | B |
|
| 119 Tangerine Rd | Vacant Residential | 0 | L | |
| 114 Fox Ridge Rd | Single Family | 1,407 | B |
|
| 620 Catfish Creek Rd | Single Family | 2,283 | B |
|
| 115 Lakefront Ln Nw | Single Family | 2,964 | B |
|
| 705 Catfish Creek Rd | Single Family | 2,818 | B |
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| 237 Fox Ridge Rd | Single Family | 2,268 | B |
|
| 709 Catfish Creek Rd | Single Family | 3,151 | A |
|
| 234 Fox Ridge Rd | Single Family | 1,872 | B |
|
| 128 Tangerine Rd | Vacant Residential | 0 | L | |
| 130 Tangerine Rd | Vacant Residential | 0 | L | |
| 111 Fox Ridge Rd | Single Family | 2,359 | B |
|
| 237 Tangerine Rd | Single Family | 1,895 | B |
|
| 117 Tangerine Rd | Single Family | 1,722 | B |
|
| 126 Tangerine Rd | Single Family | 2,066 | 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 58 of all properties in this area. This suggests it would appeal to someone earning around $51,244 per year who should qualify for a mortgage between $102,488 and $128,110.
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 58 of all properties in this area. This corresponds to a rent of $780 per month and a monthly household income of $2,637 ($31,644 per year)