Red Bug Lake Rd / Lago Vista Blvd median real estate price is $227,431, which is more expensive than 59.7% of the neighborhoods in Florida and 59.7% of the neighborhoods in the U.S.
The average rental price in Red Bug Lake Rd / Lago Vista Blvd is currently $1,627, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.1% of the neighborhoods in Florida.
Red Bug Lake Rd / Lago Vista Blvd is a suburban neighborhood (based on population density) located in Casselberry, Florida.
Red Bug Lake Rd / Lago Vista Blvd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Red Bug Lake Rd / Lago Vista Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Red Bug Lake Rd / Lago Vista Blvd. The current real estate vacancy rate here is 25.0%. This is higher than the rate of vacancies in 90.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.