1475 Hibiscus Ave, Winter Park
Orange County Real Estate - Winter Park
Winter Park is in East Central Florida. It's population as recorded in the 2010 Census was 27,852. Winter Park is approximately 5 miles from Orlando (population 238,300) and around 21 miles from Deltona (population 85,182).
The median age for residents of Winter Park is 44.3. Around 23.3% of Winter Park households include school aged children and 32.7% of households include individuals aged 65 years or over. Census records indicate 86.9% of the Winter Park population are White, 7.5% are Black or African American, .1% American Indian, 2.3% Asian and 1.8% are Two or more Races.
There are 13,626 housing units in Winter Park. 1,398 (10.2%) of these were reported as vacant in the 2010 Census. There are 4,822 residential rental units in Winter Park. 4,320 of them were occupied in 2010 providing a residential rental vacancy rate of 10%.
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Orange County
Orange County is part of the East Central Florida region along with Brevard, Volusia, Sumter, Seminole, Lake, and Osceola Counties. With a population over 1.1 million, Orange is the fifth most populous county in Florida. Incorporated municipalities include Apopka, Bay Lake, Belle Isle, Edgewood, Lake Buena Vista, Maitland, Ocoee, Orlando, Winter Garden, Winter Park, Eatonville, Oakland, and Windermere.
Orlando is Orange County's largest city and is home to many of the country's most popular theme parks, making tourism the county's primary industry. Other main industries for Orange County are life sciences & health care resources; modeling, simulation & training resources; optics & photonics resources; and clean technology. Orange County's largest private sector employers are Walt Disney World, Adventist Health Systems, Universal Orlando, Orlando Health, and Busch Entertainment Corp. Top public sector employers are Orange County Public Schools, Greater Orlando Aviation Authority, Orange County Government, and The University of Central Florida.
For many in the United States and across the world, Orlando is synonymous with the Walt Disney World Resort. Indeed, Disney produced a study indicating that the resort and businesses associated with it were responsible for an $18 billion economic impact, 2.5% of the GDP of the state of Florida. The Greater Orlando area also hosts the Universal Orlando theme parks, each of which features a Harry Potter-themed section. In addition, numerous tourist attractions exist, mostly catering to a family audience, such as miniature golf courses, arcades, and amusement parks.
Greater Orlando has a business side, too. Orange County is also home to the University of Central Florida, which is the second largest public university in the country at approximately 60,000 students. UCF has a partnership with the Central Florida Research Park, the seventh-largest research park in the country, located next close to the university. Orlando is an important city for the military, including pilot training with its varied flight simulators and production facilities. Madden NFL Football, the most popular video game franchise in the country, is created in Orlando by Electronic Arts.
As its name implies, rural Orange County is a center of citrus production. Much of the land is given over to orange groves. Apopka hosts a Minute Maid juice flavoring plant.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1443 Hibiscus Ave | Single Family | 2,143 | B |
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| 1501 Hibiscus Ave | Single Family | 2,398 | B |
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| 1425 Hibiscus Ave | Single Family | 2,058 | B |
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| 1511 Hibiscus Ave | Single Family | 1,350 | A |
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| 1450 Place Picardy | Single Family | 3,684 | A |
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| 1521 Hibiscus Ave | Single Family | 1,340 | A |
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| 1470 Place Picardy | Single Family | 4,404 | A |
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| 1411 Hibiscus Ave | Single Family | 2,938 | B |
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| 1420 Place Picardy | Single Family | 1,750 | C |
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| 1460 Hibiscus Ave | Single Family | 3,495 | B |
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| 1500 Hibiscus Ave | Single Family | 2,082 | A |
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| 1440 Hibiscus Ave | Single Family | 2,785 | B |
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| 1532 Place Picardy | Single Family | 2,749 | B |
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| 1520 Hibiscus Ave | Single Family | 2,251 | A |
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| 1541 Hibiscus Ave | Single Family | 1,494 | B |
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| 1400 Place Picardy | Single Family | 4,661 | C |
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| 1401 Hibiscus Ave | Single Family | 2,989 | C |
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| 1530 Hibiscus Ave | Single Family | 1,828 | A |
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| 1551 Hibiscus Ave | Single Family | 1,248 | A |
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| 1538 Place Picardy | Single Family | 1,903 | C |
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| 2050 Sunset Dr | Single Family | 1,021 | A |
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| 1491 Magnolia Ave | Single Family | 3,448 | B |
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| 1475 Magnolia Ave | Single Family | 3,580 | C |
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| 2050 Versailles Av | Single Family | 3,803 | B |
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| 1501 Magnolia Ave | Single Family | 3,510 | C |
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| 1540 Hibiscus Ave | Single Family | 3,827 | C |
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| 1433 Magnolia Ave | Single Family | 3,396 | C |
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| 1561 Hibiscus Ave | Single Family | 1,799 | B |
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| 1394 Place Picardy | Single Family | 4,632 | B |
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| 1385 Hibiscus Ave | Single Family | 3,180 | B |
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| 1441 Place Picardy | Single Family | 4,803 | A |
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| 1521 Magnolia Ave | Single Family | 1,475 | B |
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| 1507 Place Picardy | Single Family | 3,981 | B |
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| 1421 Magnolia Ave | Single Family | 3,043 | C |
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| 1531 Magnolia Ave | Single Family | 1,121 | A |
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| 1421 Place Picardy | Single Family | 4,710 | A |
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| 1531 Place Picardy | Single Family | 1,828 | B |
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| 1571 Hibiscus Ave | Single Family | 1,592 | A |
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| 1570 Place Picardy | Single Family | 2,585 | B |
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| 2031 Sunset Dr | Single Family | 1,971 | A |
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| 1375 Hibiscus Ave | Single Family | 2,371 | B |
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| 1541 Magnolia Ave | Vacant Residential | 1,235 | L |
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| 1411 Magnolia Ave | Single Family | 1,505 | A |
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| 1550 Hibiscus Ave | Single Family | 2,925 | C |
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| 1551 Magnolia Ave | Single Family | 2,772 | C |
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| 1411 Place Picardy | Single Family | 2,939 | C |
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| 1370 Place Picardy | Single Family | 5,442 | A |
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| 1365 Hibiscus Ave | Single Family | 1,693 | A |
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| 1595 Hibiscus Ave | Single Family | 3,360 | A |
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Local Household Income
The median household income in this part of Florida is $76,037. The bottom 10% of the population earn less than $19,985 per year. The top 10% earn more than $248,864 per year. The top 1% earn more than $637,787 per year. Most renters earn between $31,392 (20th percentile) and $59,148 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $152,074 and $190,093.
The tax assessed value of this property places it in percentile 82 of all properties in this area. This suggests it would appeal to someone earning around $166,619 per year who should qualify for a mortgage between $333,238 and $416,548.
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 $1,033. Most renters earn between $2,616 and $4,929 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $771 (20th percentile) to $1,445 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 82 of all properties in this area. This corresponds to a rent of $1,490 per month and a monthly household income of $5,081 ($60,972 per year)
Nearby Companies
1385 Hibiscus Ave
1411 Hibiscus Ave
1400 Place Picardy
1450 Place Picardy
1470 Place Picardy
1420 Place Picardy
2070 Versailles Ave
1531 Place Picardy
1421 Magnolia Ave
1421 Magnolia Ave
1530 Hibiscus Ave
1500 Hibiscus Ave
1500 Hibiscus Ave
1500 Hibiscus Ave