614 Lake Groves Rd Nw, 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

AddressTypeSq FtClass 
618 Lake Groves Rd Nw Multi-family - less than 10 units 2,019 B
610 Lake Groves Rd Nw Vacant Residential 0 L
111 Atlas Ct Nw Multi-family - less than 10 units 1,908 B
622 Lake Groves Rd Nw Vacant Residential 0 L
605 Jupiter Ave Nw Vacant Residential 0 L
561 Jupiter Ave Nw Vacant Residential 0 L
613 Lake Groves Rd Nw Vacant Residential 0 L
107 Atlas Ct Nw Multi-family - less than 10 units 2,129 B
626 Lake Groves Rd Nw Multi-family - less than 10 units 2,032 B
112 Atlas Ct Nw Vacant Residential 0 L
613 Jupiter Ave Nw Vacant Residential 0 L
617 Lake Groves Rd Nw Vacant Residential 0 L
504 Lake Groves Rd Nw Multi-family - less than 10 units 2,051 B
551 Jupiter Ave Nw Vacant Residential 0 L
604 Jupiter Ave Nw Multi-family - less than 10 units 2,051 B
630 Lake Groves Rd Nw Vacant Residential 0 L
608 Jupiter Ave Nw Multi-family - less than 10 units 2,031 B
436 Vanguard Ave Nw Vacant Residential 0 L
108 Atlas Ct Nw Multi-family - less than 10 units 1,990 B
541 Jupiter Ave Nw Vacant Residential 0 L
105 Abel Rd Nw Vacant Residential 0 L
109 Abel Rd Nw Vacant Residential 0 L
612 Jupiter Ave Nw Multi-family - less than 10 units 2,031 B
101 Abel Rd Nw Vacant Residential 0 L
432 Vanguard Ave Nw Single Family 2,163 B
544 Vanguard Ave Nw Vacant Residential 0 L
500 Lake Groves Rd Nw Multi-family - less than 10 units 2,032 B
634 Lake Groves Rd Nw Multi-family - less than 10 units 2,032 B
105 Glenn Ave Nw Vacant Residential 0 L
548 Vanguard Ave Nw Vacant Residential 0 L
104 Atlas Ct Nw Vacant Residential 0 L
109 Glenn Ave Nw Vacant Residential 0 L
616 Jupiter Ave Nw Vacant Residential 0 L
531 Jupiter Ave Nw Single Family 1,459 B
428 Vanguard Ave Nw Single Family 1,431 B
552 Vanguard Ave Nw Vacant Residential 0 L
113 Glenn Ave Nw Multi-family - less than 10 units 2,351 B
437 Vanguard Ave Nw Vacant Residential 0 L

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.

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%.

Disclaimers and Disclosures

Public Records Data

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