Lake County Real Estate - Lady Lake

Lady Lake is in East Central Florida. It's population as recorded in the 2010 Census was 13,926. Lady Lake is approximately 23 miles from Ocala (population 56,315) and around 5 miles from The Villages (population 51,442).

The median age for residents of Lady Lake is 66.5. Around 11.5% of Lady Lake households include school aged children and 67.2% of households include individuals aged 65 years or over. Census records indicate 90.8% of the Lady Lake population are White, 5% are Black or African American, .3% American Indian, 1% Asian and 1.2% are Two or more Races.

There are 8,865 housing units in Lady Lake. 1,644 (18.5%) of these were reported as vacant in the 2010 Census. Lady Lake is a tourist destination, 38.1% (627) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,242 residential rental units in Lady Lake. 1,623 of them were occupied in 2010 providing a residential rental vacancy rate of 25.3%.

Lady Lake links:

Lake County

Lake County is located in the east central Florida region, along with Brevard, Orange, Volusia, Sumter, Seminole, and Osceola counties. Cities of Lake County include Astatula, Clermont, Eustis, Fruitland Park, Groveland, Lady Lake, Leesburg, Mascotte, Minneola, Montverde, Mount Dora, Tavares, and Umatilla. Lake County has approximately 1,400 named lakes. It is home to around 300,000 people. About one in four residents are over the age of 65.

Top industries in Lake County are retail, healthcare, construction, and food services. Major private sector employers for Lake County are Leesburg Regional Medical Center, Wal-Mart, Villages of Lake Sumter Inc., Florida Hospital-Waterman, and Publix Supermarkets. Top public sector employers are Lake County Public Schools, Lake County Government, and Lake County Sheriff's Department.

The county seat is Tavares, a city with a population over 12,000. A third of the people who live in Tavares are over age 65. The city?s economic strength lies in services, especially healthcare and retail.

Leesburg is a city of over 20,000. Nestled among the Harris Chain of Lakes, maritime recreational opportunities abound, including boating and fishing.The area hosts many full-service retirement communities. The Leesburg Regional Airport features two runways for general aviaion craft.

Neighboring Properties

AddressTypeSq FtClass 
1219 San Bernadino Way Single Family 2,183 L
1217 San Bernadino Way Single Family 1,807 L
1220 San Bernadino Way Single Family 1,788 L
1228 De Silva St Single Family 2,246 L
1230 De Silva St Single Family 2,327 L
1218 San Bernadino Way Single Family 1,638 L
1226 De Silva St Single Family 2,682 L
1215 San Bernadino Way Single Family 1,541 L
1216 San Bernadino Way Single Family 1,887 L
1224 De Silva St Single Family 2,463 L
1219 De Silva St Single Family 1,848 L
1213 San Bernadino Way Single Family 2,729 L
1214 San Bernadino Way Single Family 1,968 L
1217 Cabella Cir Single Family 1,791 L
1222 De Silva St Single Family 2,418 L
1301 De Silva St Single Family 1,962 L
1215 Cabella Cir Single Family 1,815 L
1220 De Silva St Single Family 2,526 L
1212 San Bernadino Way Single Family 1,800 L
1211 San Bernadino Way Single Family 2,787 L
1303 De Silva St Single Family 1,616 L
1213 Cabella Cir Single Family 1,832 L
1454 San Clemente Ct Single Family 2,305 L
1210 San Bernadino Way Single Family 1,737 L
1218 Cabella Cir Single Family 2,686 L
1502 Cervantes Pl Single Family 1,931 L
1504 Cervantes Pl Single Family 2,383 L
1506 Cervantes Pl Single Family 2,708 L
1209 San Bernadino Way Single Family 1,967 L
1238 Cabella Cir Single Family 2,045 L
1452 San Clemente Ct Single Family 2,950 L
1508 Cervantes Pl Single Family 2,204 L
1305 De Silva St Single Family 1,836 L
1211 Cabella Cir Single Family 2,255 L
1208 San Bernadino Way Single Family 1,992 L
1216 Cabella Cir Single Family 2,579 L
1236 Cabella Cir Single Family 1,721 L

Local Household Income

The median household income in this part of Florida is $54,508. The bottom 10% of the population earn less than $19,472 per year. The top 10% earn more than $126,999 per year. The top 1% earn more than $446,344 per year. Most renters earn between $26,532 (20th percentile) and $49,788 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,016 and $136,270.

The tax assessed value of this property places it in percentile 93 of all properties in this area. This suggests it would appeal to someone earning around $146,094 per year who should qualify for a mortgage between $292,188 and $365,235.

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 $890. Most renters earn between $2,211 and $4,149 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $655 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 93 of all properties in this area. This corresponds to a rent of $1,919 per month and a monthly household income of $5,584 ($67,008 per year)

Nearby Companies

Cavagnaro Foundation, Inc
1228 Desilva St
Jdm7 Realty LLC
1221 San Bernadino Way
Disclaimers and Disclosures

Public Records Data

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