240 Tangerine 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 | |
|---|---|---|---|---|
| 242 Tangerine Rd | Single Family | 2,235 | B |
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| 236 Tangerine Rd | Single Family | 2,585 | B |
|
| 345 Lime Rd Nw | Vacant Residential | 0 | L | |
| 343 Lime Rd Nw | Single Family | 1,483 | B |
|
| 347 Lime Rd Nw | Single Family | 2,327 | B |
|
| 244 Tangerine Rd | Single Family | 2,214 | B |
|
| 239 Tangerine Rd | Single Family | 1,895 | B |
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| 237 Tangerine Rd | Single Family | 1,895 | B |
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| 241 Tangerine Rd | Vacant Residential | 0 | L | |
| 349 Lime Rd Nw | Single Family | 2,003 | B |
|
| 341 Lime Rd Nw | Single Family | 2,587 | B |
|
| 243 Tangerine Rd | Single Family | 1,695 | B |
|
| 246 Tangerine Rd | Single Family | 2,275 | B |
|
| 235 Tangerine Rd | Single Family | 1,880 | B |
|
| 351 Lime Rd Nw | Single Family | 1,537 | B |
|
| 260 Tangerine Rd | Single Family | 2,935 | B |
|
| 234 Fox Ridge Rd | Single Family | 1,872 | B |
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| 367 Lime Rd Nw | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 346 Lime Rd Nw | Vacant Residential | 0 | L | |
| 344 Lime Rd Nw | Single Family | 1,927 | B |
|
| 236 Fox Ridge Rd | Single Family | 1,861 | B |
|
| 200 Peach Ave Nw | Vacant Residential | 0 | L | |
| 248 Tangerine Rd | Single Family | 2,221 | B |
|
| 348 Lime Rd Nw | Vacant Residential | 0 | L | |
| 237 Lime Rd Nw | Single Family | 2,442 | B |
|
| 230 Fox Ridge Rd | Single Family | 2,286 | B |
|
| 245 Tangerine Rd Mainhouse | Single Family | 2,012 | B |
|
| 238 Fox Ridge Rd | Single Family | 2,427 | B |
|
| 353 Lime Rd Nw | Vacant Residential | 0 | L | |
| 342 Lime Rd Nw | Vacant Residential | 0 | L | |
| 247 Tangerine Rd | Vacant Residential | 0 | L | |
| 350 Lime Rd Nw | Single Family | 1,605 | B |
|
| 131 Tangerine Rd | Single Family | 2,294 | B |
|
| 250 Tangerine Rd | Single Family | 1,880 | B |
|
| 238 Lime Rd Nw | Vacant Residential | 0 | L | |
| 130 Tangerine Rd | Vacant Residential | 0 | L | |
| 235 Lime Rd Nw | Single Family | 1,967 | B |
|
| 355 Lime Rd Nw | Single Family | 1,652 | B |
|
| 247 Lemon Rd Nw | Vacant Residential | 0 | L | |
| 249 Lemon Rd Nw | Single Family | 1,522 | B |
|
| 249 Tangerine Rd | Vacant Residential | 0 | L | |
| 245 Lemon Rd Nw | Vacant Residential | 0 | L | |
| 242 Fox Ridge Rd | Vacant Residential | 0 | L | |
| 251 Lemon Rd Nw | Vacant Residential | 0 | L | |
| 236 Lime Rd Nw | Single Family | 1,419 | B |
|
| 243 Lemon Rd Nw | Vacant Residential | 0 | L | |
| 129 Tangerine Rd | Single Family | 3,147 | B |
|
| 237 Fox Ridge Rd | Single Family | 2,268 | 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 74 of all properties in this area. This suggests it would appeal to someone earning around $69,692 per year who should qualify for a mortgage between $139,384 and $174,230.
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 74 of all properties in this area. This corresponds to a rent of $922 per month and a monthly household income of $3,076 ($36,912 per year)
Nearby Companies
261 Tangerine Rd