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:

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 
130 Vision St Miscellaneous Residential (migrant camp or boarding home.) 0 L
126 Vision St Vacant Residential 0 L
124 Vision St Vacant Residential 0 L
132 Vision St Vacant Residential 0 L
137 E A Smith Ave Vacant Institutional Property 0 L
139 E A Smith Ave Vacant Residential 0 L
135 E A Smith Ave Church 10,129 C
134 Vision St Vacant Residential 0 L
122 Vision St Vacant Residential 0 L
141 E A Smith Ave Single Family 760 B
127 Vision St Single Family 1,160 B
125 Vision St Vacant Residential 0 L
143 E A Smith Ave Mobile Home 1,170 B
129 Vision St Mobile Home 960 B
136 Vision St Vacant Residential 0 L
129 E A Smith Ave Church 0 L
123 Vision St Vacant Residential 0 L
118 Vision St Church 1,266 B
145 E A Smith Ave Vacant Residential 0 L
131 Vision St Vacant Residential 0 L
121 Vision St Single Family 789 C
127 E A Smith Ave Vacant Residential 0 L
138 Vision St Vacant Residential 0 L
119 Vision St Mobile Home 792 B
147 E A Smith Ave Vacant Residential 0 L
135 Vision St Single Family 1,127 B
125 E A Smith St Vacant Residential 0 L
116 Vision St Single Family 925 B
138 E A Smith Ave Mobile Home 840 B
140 E A Smith Ave Mobile Home 672 B
136 E A Smith Ave Single Family 1,017 B
117 Vision St Single Family 989 B
149 E A Smith Ave Single Family 1,788 B
137 Vision St Single Family 1,008 B
142 E A Smith Ave Single Family 1,159 B
134 E A Smith Ave Single Family 653 C
123 E A Smith Ave Vacant Residential 0 L
144 E A Smith Ave Vacant Residential 0 L
120 Washington St Single Family 1,930 C
118 Washington St Vacant Residential 0 L
142 Vision St Single Family 899 C
130 Park St Single Family 1,341 B
116 Washington St Mobile Home 672 B
115 Vision St Single Family 1,030 B
139 Vision St Mobile Home 924 B
146 E A Smith Ave Single Family 921 C
151 E A Smith Ave Vacant Residential 0 L
128 E A Smith Ave Vacant Residential 0 L
112 Washington St Single Family 2,402 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 9 of all properties in this area. This suggests it would appeal to someone earning around $14,508 per year who should qualify for a mortgage between $29,016 and $36,270.

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 9 of all properties in this area. This corresponds to a rent of $332 per month and a monthly household income of $1,271 ($15,252 per year)

Nearby Companies

Hicoria Pines Homes, Inc.
106 Washington St
Seeber Automotive Inc.
504 S Main Ave
Disclaimers and Disclosures

Public Records Data

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