5052 Red Bay Dr, Orlando

Seminole County Real Estate - Mid Florida

Mid Florida is in East Central Florida. Mid Florida is approximately 9 miles from Orlando (population 238,300) and around 9 miles from Kissimmee (population 59,682).

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Seminole County

Seminole County is located in the East Central Florida region, along with Brevard, Orange, Volusia, Sumter, Lake, and Osceola County. Cities in Seminole County include Altamonte Springs, Casselberry, Lake Mary, Longwood, Oviedo, Sanford, and Winter Springs. Seminole County?s population is over 420,000 despite being one of the geographically smallest counties in Florida.

Seminole County's major industries include agri-technology, aviation & aerospace, clean technology, and information technology. Top public sector employers in Seminole County are Seminole County Public Schools, Seminole State College of Florida, Seminole County Government, and Seminole County Sheriff Department. The largest private sector employers are Convergys, Florida Hospital, Chase Bankcard Services, Orlando Regional Healthcare, and American Automobile Association.

Known as the Historic Waterfront Gateway City because of its location at the confluence of Lake Monroe and the St. Johns River, Sanford is the seat of Seminole County. Historically a transportation hub for the production of nearby agriculture, Sanford was once known as "Celery City". Home to over 50,000, the city's economy is driven by the service industries and construction. The city's waterfront marinas are still home to commercial craft, but they also host plenty of recreational boats.

AAA (American Automobile Association) is headquartered in the unincorporated Seminole County community of Heathrow.

Neighboring Properties

AddressTypeSq FtClass 
5058 Red Bay Dr Single Family 1,463 B
5046 Red Bay Dr Single Family 1,841 B
5064 Red Bay Dr Single Family 1,971 B
5040 Red Bay Dr Single Family 1,715 B
8747 Hastings Beach Bl Single Family 2,995 C
5045 Red Bay Dr Single Family 2,023 B
5051 Red Bay Dr Single Family 2,131 B
8743 Hastings Beach Bl Single Family 2,340 C
8751 Hastings Beach Bl Single Family 2,381 C
8739 Hastings Beach Bl Single Family 2,118 C
5039 Red Bay Dr Single Family 2,226 B
8755 Hastings Beach Bl Single Family 2,271 C
5063 Red Bay Dr Single Family 2,226 B
8735 Hastings Beach Bl Single Family 2,856 C
5070 Red Bay Dr Single Family 1,536 B
5034 Red Bay Dr Single Family 1,556 B
5033 Red Bay Dr Single Family 2,023 B
5072 Loblolly Bay Ln Single Family 2,283 B
8902 Compton Shore Ln Single Family 2,381 C
5078 Loblolly Bay Ln Single Family 2,190 B
8759 Hastings Beach Bl Single Family 2,381 C
8731 Hastings Beach Bl Single Family 2,044 C
5066 Loblolly Bay Ln Single Family 1,834 B
5084 Loblolly Bay Ln Single Family 1,898 B
5028 Red Bay Dr Single Family 1,834 B
5076 Red Bay Dr Single Family 1,370 B
8910 Compton Shore Ln Single Family 2,099 C
8727 Hastings Beach Bl Single Family 2,376 C
8763 Hastings Beach Bl Single Family 2,590 C
5027 Red Bay Dr Single Family 1,852 B
5060 Loblolly Bay Ln Single Family 1,966 B
8845 Catbriar Bay Wa Single Family 1,852 B

Local Household Income

The median household income in this part of Florida is $64,858. The bottom 10% of the population earn less than $21,057 per year. The top 10% earn more than $146,103 per year. The top 1% earn more than $401,807 per year. Most renters earn between $33,468 (20th percentile) and $55,344 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $129,716 and $162,145.

The tax assessed value of this property places it in percentile 38 of all properties in this area. This suggests it would appeal to someone earning around $51,673 per year who should qualify for a mortgage between $103,346 and $129,183.

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 $1,092. Most renters earn between $2,789 and $4,612 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $877 (20th percentile) to $1,461 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 38 of all properties in this area. This corresponds to a rent of $1,015 per month and a monthly household income of $3,185 ($38,220 per year)

Nearby Companies

Al Clark Painting, LLC
8743 Hastings Beach Blvd
Group Travel Consultants Inc.
8902 Compton Shore Ln
Ministerio Internacional De Amor Cristiano Inc.
5033 Red Bay Dr
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Public Records Data

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