557 Vanguard Ave 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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 561 Vanguard Ave Nw | Multi-family - less than 10 units | 2,032 | B |
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| 553 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 116 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 120 Van Allen Ave Nw | Multi-family - less than 10 units | 2,221 | B |
|
| 112 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 565 Vanguard Ave Nw | Multi-family - less than 10 units | 2,039 | B |
|
| 549 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 556 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 552 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 124 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 108 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 548 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 125 Abel Rd Nw | Multi-family - less than 10 units | 1,932 | B |
|
| 569 Vanguard Ave Nw | Multi-family - less than 10 units | 2,039 | B |
|
| 545 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 128 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 544 Vanguard Ave Nw | Vacant Residential | 0 | L | |
| 104 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 104 Atlas Ct Nw | Vacant Residential | 0 | L | |
| 119 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 108 Atlas Ct Nw | Multi-family - less than 10 units | 1,990 | B |
|
| 573 Vanguard Ave Nw | Multi-family - less than 10 units | 1,655 | B |
|
| 119 Abel Rd Nw | Vacant Residential | 0 | L | |
| 127 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 742 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 132 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 634 Lake Groves Rd Nw | Multi-family - less than 10 units | 2,032 | B |
|
| 129 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 111 Van Allen Ave Nw | Multi-family - less than 10 units | 2,032 | B |
|
| 750 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 112 Atlas Ct Nw | Vacant Residential | 0 | L | |
| 115 Van Allen Ave Nw | Vacant Residential | 0 | L | |
| 630 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 128 Abel Rd Nw | Multi-family - less than 10 units | 2,032 | B |
|
| 124 Abel Rd Nw | Multi-family - less than 10 units | 2,027 | B |
|
| 133 Van Allen Ave Nw | Multi-family - less than 10 units | 2,306 | B |
|
| 136 Van Allen Ave Nw | Multi-family - less than 10 units | 2,337 | B |
|
| 105 Van Allen Ave Nw | Multi-family - less than 10 units | 2,032 | B |
|
| 581 Vanguard Ave Nw | Multi-family - less than 10 units | 1,655 | B |
|
| 120 Enos Ave | Vacant Residential | 0 | L | |
| 626 Lake Groves Rd Nw | Multi-family - less than 10 units | 2,032 | B |
|
| 120 Abel Rd Nw | Multi-family - less than 10 units | 2,112 | B |
|
| 124 Enos Ave | Multi-family - less than 10 units | 2,662 | B |
|
| 101 Van Allen Ave Nw | Multi-family - less than 10 units | 2,589 | B |
|
| 108 Enos Ave | 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.
The tax assessed value of this property places it in percentile 35 of all properties in this area. This suggests it would appeal to someone earning around $33,114 per year who should qualify for a mortgage between $66,228 and $82,785.
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 35 of all properties in this area. This corresponds to a rent of $624 per month and a monthly household income of $2,137 ($25,644 per year)
Nearby Companies
571 Vanguard Ave Nw