718 Lola Dr, Sebring
Highlands County Real Estate - Sebring
Sebring is in South Central Florida. It's population as recorded in the 2010 Census was 10,491. Sebring is approximately 49 miles from Lakeland (population 97,422) and around 40 miles from Winter Haven (population 33,874).
The median age for residents of Sebring is 47.3. Around 23.3% of Sebring households include school aged children and 44% of households include individuals aged 65 years or over. Census records indicate 75.9% of the Sebring population are White, 14.7% are Black or African American, .7% American Indian, 1.3% Asian and 2.6% are Two or more Races.
There are 5,623 housing units in Sebring. 1,183 (21%) of these were reported as vacant in the 2010 Census. Sebring is a tourist destination, 27.1% (321) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,562 residential rental units in Sebring. 2,095 of them were occupied in 2010 providing a residential rental vacancy rate of 17.9%.
Sebring links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 712 Lola Dr | Vacant Residential | 0 | L | |
| 724 Lola Dr | Vacant Residential | 0 | L | |
| 625 Porsche Ave | Single Family | 1,573 | B |
 |
| 701 Porsche Ave | Single Family | 2,014 | B |
|
| 617 Porsche Ave | Single Family | 1,906 | B |
|
| 706 Lola Dr | Vacant Residential | 0 | L | |
| 730 Lola Dr | Vacant Residential | 0 | L | |
| 719 Lola Dr | Single Family | 1,522 | B |
|
| 713 Lola Dr | Vacant Residential | 0 | L | |
| 709 Porsche Ave | Single Family | 1,876 | B |
|
| 4201 Mercedes St | Vacant Residential | 0 | L | |
| 609 Porsche Ave | Single Family | 1,906 | B |
|
| 707 Lola Dr | Vacant Residential | 0 | L | |
| 4010 Ferrari Dr | Vacant Residential | 0 | L | |
| 800 Lola Dr | Vacant Residential | 0 | L | |
| 717 Porsche Ave | Single Family | 1,905 | B |
|
| 4000 Ferrari Dr | Vacant Residential | 0 | L | |
| 626 Porsche Ave | Single Family | 1,991 | B |
|
| 4100 Ferrari Dr | Vacant Residential | 0 | L | |
| 618 Porsche Ave | Single Family | 2,025 | B |
|
| 725 Porsche Ave | Single Family | 1,884 | B |
|
| 700 Porsche Ave | Single Family | 2,003 | B |
|
| 4205 Mercedes St | Single Family | 1,866 | B |
|
| 4116 Ferrari Dr | Single Family | 2,134 | B |
|
| 806 Lola Dr | Vacant Residential | 0 | L | |
| 610 Porsche Ave | Single Family | 1,624 | B |
|
| 708 Porsche Ave | Single Family | 1,730 | B |
|
| 4200 Mercedes St | Vacant Residential | 0 | L | |
| 724 Porsche Ave | Single Family | 1,730 | B |
|
| 801 Porsche Ave | Single Family | 1,604 | B |
|
| 602 Porsche Ave | Single Family | 1,279 | B |
|
| 4204 Mercedes St | Vacant Residential | 0 | L | |
| 812 Lola Dr | Vacant Residential | 0 | L | |
| 4204 Ferrari Dr | Single Family | 996 | B |
|
| 3905 Lexus St | Single Family | 915 | B |
|
| 627 Lemans Dr | Vacant Residential | 0 | L | |
| 619 Lemans Dr | Vacant Residential | 0 | L | |
| 4206 Mercedes St | Vacant Residential | 0 | L | |
| 635 Lemans Dr | Vacant Residential | 0 | L | |
| 4009 Ferrari Dr | Vacant Residential | 0 | L | |
| 4001 Ferrari Dr | Single Family | 2,127 | B |
|
| 4101 Ferrari Dr | Single Family | 1,725 | B |
|
| 719 Lemans Dr | Vacant Residential | 0 | L | |
| 807 Porsche Ave | Single Family | 2,012 | B |
|
| 617 Lemans Dr | Single Family | 1,873 | B |
|
| 731 Lemans Dr | Vacant Residential | 0 | L | |
| 4203 Maserati St | Vacant Residential | 0 | L | |
| 3913 Ferrari Dr | Single Family | 1,972 | B |
|
| 4109 Ferrari Dr | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $65,453 per year who should qualify for a mortgage between $130,906 and $163,633.
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 71 of all properties in this area. This corresponds to a rent of $883 per month and a monthly household income of $2,968 ($35,616 per year)