108 Zion St, 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 | |
|---|---|---|---|---|
| 110 Zion St | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 106 Zion St | Vacant Residential | 0 | L | |
| 112 Zion St | Vacant Residential | 0 | L | |
| 104 Zion St | Vacant Residential | 0 | L | |
| 114 Zion St | Single Family | 1,273 | C |
 |
| 122 Jospehine Ave | Vacant Institutional Property | 0 | L | |
| 126 Josephine Ave | Church | 1,380 | C |
|
| 118 Jospehine Ave | Mobile Home | 304 | B |
|
| 107 Zion St | Mobile Home | 1,344 | B |
|
| 130 Josephine Ave | Church | 790 | B |
|
| 114 Josephine Ave | Vacant Residential | 0 | L | |
| 111 Zion St | Vacant Residential | 0 | L | |
| 166 Hawthorne Dr | Vacant Residential | 0 | L | |
| 164 Crestmore Dr | Vacant Residential | 0 | L | |
| 134 Josephine Ave | Single Family | 400 | C |
|
| 103 Zion St | Vacant Residential | 0 | L | |
| 162 Crestmore Dr | Single Family | 897 | B |
|
| 113 Zion St | Single Family | 1,008 | C |
|
| 110 Josephine Ave | Mobile Home | 784 | B |
|
| 118 Zion St | Single Family | 1,027 | B |
|
| 158 Hawthorne Dr | Single Family | 1,200 | B |
|
| 106 Josephine Ave | Vacant Residential | 0 | L | |
| 108 Anderson St | Single Family | 1,055 | B |
|
| 100 Anderson St | Vacant Residential | 0 | L | |
| 117 Zion St | Vacant Residential | 0 | L | |
| 110 Anderson St | Single Family | 952 | B |
|
| 136 Josephine Ave | Single Family | 1,234 | B |
|
| 120 Zion St | Single Family | 896 | C |
|
| 112 Anderson St | Vacant Residential | 0 | L | |
| 101 Carver St | Vacant Residential | 0 | L | |
| 122 Zion St | Vacant Residential | 0 | L | |
| 127 Josephine Ave | Mobile Home | 832 | B |
|
| 1301 Us 27 S | Vacant Residential | 0 | L | |
| 114 Anderson St | Single Family | 1,631 | B |
|
| 119 Josephine Ave | Single Family | 1,000 | B |
|
| 172 Crestmore Dr | Vacant Residential | 0 | L | |
| 119 Zion St | Vacant Residential | 576 | L |
|
| 115 Josephine Ave | Single Family | 1,030 | C |
|
| 123 Josephine Ave Well # 1 | County Owned | 560 | B |
|
| 124 Zion St | Mobile Home | 1,080 | B |
|
| 135 Josephine Ave | Single Family | 1,556 | B |
|
| 138 Josephine Ave | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 174 Crestmore Dr | Single Family | 914 | C |
|
| 111 Josephine Ave | Single Family | 912 | C |
|
| 105 Josephine Ave | Single Family | 1,017 | B |
|
| 111 Anderson St | Mobile Home | 804 | B |
|
| 118 Anderson St | Vacant Residential | 0 | L | |
| 176 Crestmore Dr | Mobile Home | 0 | B | |
| 1333 Us 27 S | Auto sales, auto repair and storage or auto service shop | 2,364 | 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)