1564 Sycamore Ave, 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 | |
|---|---|---|---|---|
| 1562 Sycamore Ave | Vacant Residential | 0 | L | |
| 1566 Sycamore Ave | Vacant Residential | 0 | L | |
| 1559 Walnut Ave | Single Family | 1,656 | B |
 |
| 1561 Walnut Ave | Vacant Residential | 0 | L | |
| 1557 Walnut Ave | Vacant Residential | 0 | L | |
| 1560 Sycamore Ave | Single Family | 1,716 | B |
|
| 1568 Sycamore Ave | Vacant Residential | 0 | L | |
| 1565 Sycamore Ave | Single Family | 1,676 | B |
|
| 1563 Walnut Ave | Vacant Residential | 0 | L | |
| 1555 Walnut Ave | Single Family | 1,114 | B |
|
| 1561 Sycamore Ave | Vacant Residential | 0 | L | |
| 1558 Sycamore Ave | Vacant Residential | 0 | L | |
| 1570 Sycamore Ave | Vacant Residential | 0 | L | |
| 1553 Walnut Ave | Single Family | 1,300 | B |
|
| 1636 Sylvan Cir | Single Family | 2,199 | B |
|
| 1552 Oak Ave | Single Family | 2,551 | B |
|
| 1638 Sylvan Cir | Single Family | 1,311 | B |
|
| 1557 Sycamore Ave | Single Family | 1,919 | B |
|
| 1550 Oak Ave | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 1556 Sycamore Ave | Vacant Residential | 0 | L | |
| 1558 Walnut Ave | Single Family | 1,123 | B |
|
| 1548 Oak Ave | Single Family | 2,441 | B |
|
| 1560 Walnut Ave | Vacant Residential | 0 | L | |
| 1556 Walnut Ave | Vacant Residential | 0 | L | |
| 1634 Sylvan Cir | Vacant Residential | 0 | L | |
| 1551 Walnut Ave | Vacant Residential | 0 | L | |
| 1558 Oak Ave | Vacant Residential | 0 | L | |
| 1555 Sycamore Ave | Single Family | 1,086 | B |
|
| 1562 Walnut Ave | Single Family | 2,092 | B |
|
| 1554 Walnut Ave | Vacant Residential | 0 | L | |
| 1546 Oak Ave | Single Family | 2,489 | B |
|
| 1554 Sycamore Ave | Vacant Residential | 0 | L | |
| 1600 Sylvan Cir | Vacant Residential | 0 | L | |
| 1552 Walnut Ave | Vacant Residential | 0 | L | |
| 1544 Oak Ave | Miscellaneous Residential (migrant camp or boarding home.) | 720 | B |
|
| 1632 Sylvan Cir | Single Family | 1,522 | B |
|
| 1547 Walnut Ave | Vacant Residential | 0 | L | |
| 1550 Walnut Ave | Vacant Residential | 0 | L | |
| 1547 Tamah Blvd | Single Family | 2,184 | B |
|
| 1545 Tamah Blvd | Single Family | 1,525 | B |
|
| 1532 Mulberry Ave | Single Family | 1,345 | B |
|
| 1552 Sycamore Ave | Vacant Residential | 0 | L | |
| 1534 Mulberry Ave | Vacant Residential | 0 | L | |
| 1555 Oak Ave | Single Family | 1,515 | B |
|
| 1635 Sylvan Cir | Vacant Residential | 0 | L | |
| 1551 Tamah Blvd | Single Family | 1,591 | C |
|
| 1543 Tamah Blvd | Vacant Residential | 0 | L | |
| 1601 Sylvan Cir | Vacant Residential | 0 | L | |
| 1551 Sycamore Ave | Single Family | 1,556 | 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 64 of all properties in this area. This suggests it would appeal to someone earning around $56,983 per year who should qualify for a mortgage between $113,966 and $142,458.
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 64 of all properties in this area. This corresponds to a rent of $826 per month and a monthly household income of $2,801 ($33,612 per year)