Orange County Real Estate - Orlando

Orlando

Orlando is the fifth most populated city in Florida and is located in Orange County. Orlando is often nicknamed "the theme park capital of the world," as it is home to Walt Disney World, Universal Studios, Seaworld, and numerous other theme parks. As a result, Orlando is also known as the tourist capital of the world, attracting 51 million tourists a year. Orlando is a popular destination for conventions: the Orange County convention center is the second largest in the world. The Orlando metropolitan area has a $13.4 billion technology industry and employs 53,000 people. Orlando is also home to the Darden Restaurants headquarters, the largest operator of restaurants in the world by revenue. The University of Central Florida also resides in Orlando and is the second largest university in the United States. Orlando's top employers are Walt Disney World, Orange County Public Schools, State of Florida Government, Adventist Health System, Florida Hospital, and Wal-Mart Stores.

Orlando is in East Central Florida. It's population as recorded in the 2010 Census was 238,300.

The median age for residents of Orlando is 32.8. Around 28.5% of Orlando households include school aged children and 16.7% of households include individuals aged 65 years or over. Census records indicate 57.5% of the Orlando population are White, 28% are Black or African American, .3% American Indian, 3.7% Asian and 3.4% are Two or more Races. Orlando has a significant Hispanic population. 25.3% (60,483) of Orlando residents are of Hispanic or Latino origin. Of these 7.04% are of Mexican origin, 51.58% Puerto Rican, 7.1% Cuban and 34.25% are of other Hispanic or Latino origin.

There are 121,254 housing units in Orlando. 18,733 (15.4%) of these were reported as vacant in the 2010 Census. There are 72,485 residential rental units in Orlando. 62,063 of them were occupied in 2010 providing a residential rental vacancy rate of 14%.

Orlando links:

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

AddressTypeSq FtClass 
4729 Spottswood Dr Single Family 1,060 C
4723 Spottswood Dr Single Family 1,013 C
4809 Spottswood Dr Single Family 1,772 C
4816 Spottswood Dr Single Family 1,055 C
4730 Spottswood Dr Single Family 1,044 C
4717 Spottswood Dr Single Family 1,065 C
4807 Turnbull Dr Single Family 1,130 C
4815 Spottswood Dr Single Family 1,644 C
4721 Camberlane Dr Single Family 1,463 C
4800 Turnbull Dr Single Family 1,184 C
4711 Spottswood Dr Single Family 1,218 C
4813 Turnbull Dr Single Family 1,137 C
4821 Spottswood Dr Single Family 1,358 C
4727 Camberlane Dr Single Family 1,274 C
4820 Spottswood Dr Single Family 1,114 C
4806 Turnbull Dr Single Family 1,145 C
4705 Spottswood Dr Single Family 1,373 C
4803 Camberlane Dr Single Family 1,237 C
4712 Spottswood Dr Single Family 1,270 C
4819 Turnbull Dr Single Family 1,085 C
4827 Spottswood Dr Single Family 1,063 C
4826 Spottswood Dr Single Family 1,122 C
4809 Camberlane Dr Single Family 1,056 C
4812 Turnbull Dr Single Family 1,052 C
4701 Spottswood Dr Single Family 1,122 C
4716 Camberlane Dr Single Family 1,286 C
4706 Spottswood Dr Single Family 1,057 C
4815 Camberlane Dr Single Family 1,185 C
4832 Spottswood Dr Single Family 1,139 C
4825 Turnbull Dr Single Family 1,149 C
4833 Spottswood Dr Single Family 1,032 C
5351s Semoran Bl Financial institution (bank, saving and loan company, mortgage company, credit services) 5,363 C
4818 Turnbull Dr Single Family 1,168 C
5405s Semoran Bl Store, one story 6,496 B
4722 Camberlane Dr Single Family 1,445 C
4821 Camberlane Dr Single Family 1,030 C
4635 Spottswood Dr Single Family 1,033 C
4700 Spottswood Dr Single Family 1,638 C
4728 Camberlane Dr Single Family 1,199 C
4831 Turnbull Dr Single Family 1,081 C
4838 Spottswood Dr Single Family 1,760 C
4839 Spottswood Dr Single Family 1,209 C
5959 Lawnview Dr Single Family 1,146 C
4824 Turnbull Dr Single Family 1,188 C
4802 Camberlane Dr Single Family 1,448 C

Local Household Income

The median household income in this part of Florida is $50,621. The bottom 10% of the population earn less than $15,885 per year. The top 10% earn more than $124,937 per year. The top 1% earn more than $359,543 per year. Most renters earn between $26,136 (20th percentile) and $41,484 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,242 and $126,553.

The tax assessed value of this property places it in percentile 26 of all properties in this area. This suggests it would appeal to someone earning around $29,497 per year who should qualify for a mortgage between $58,994 and $73,743.

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 $970. Most renters earn between $2,178 and $3,457 per month. They typically spend 37.5% of their monthly income on rent. Most rents fall in the $763 (20th percentile) to $1,237 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 26 of all properties in this area. This corresponds to a rent of $811 per month and a monthly household income of $2,311 ($27,732 per year)

Nearby Companies

T Square Home Improvement LLC
4706 Spottswood Dr
Sunshine State Medical, Inc.
5425 South Semoran Blvd
Pain Centers Management Co., Inc.
5425 South Semoran Blvd
Kyce Wellness Balance, LLC
5425 S Semoran Blvd
Elysian Ageless LLC
5425 S Semoran Blvd
Emelin Multiservices LLC
5425 S Semoran Blvd
Venecontruc Inc
5425 S Semoran Blvd
Sleipnir Kbe Inc.
5449 South Semoran Blvd
Keywest_Details, Inc
42 Riviera Dr
Zion Morada De Dios Inc
5449 South Semoran Blvd
Vmf Solutions Inc.
5449 South Semoran Blvd Ste 232
Mi Familia Vota Inc.
5449 S Semoran Blvd
K&D Multiservices Jl "LLC"
5449 S Semoran Blvd
Septic Dominators LLC
5449 S Semoran Blvd
Gateway Orlando Arts Inc.
5449 S Semoran Blvd
L P S Multiservices Inc
5449 S Semoran Blvd
Ofm Semoran, Inc.
5425 S Semoran Blvd Ste 7c
Am Income Tax Services, LLC
5449 Semoran Blvd Ste-12a3
V&Yey Transport "LLC"
5449 S Semoran Blv
Disclaimers and Disclosures

Public Records Data

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