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 
1021w Colonial Dr Store, one story 4,663 C
1015w Colonial Dr Store, one story 4,806 B
1023w Colonial Dr Store, one story 4,516 B
1011w Colonial Dr Store, one story 4,403 B
715 Ellwood Ave Mixed use - store and office or store and residential or residential combination 2,840 B
1001w Colonial Dr Office building, non-professional service building, one story 1,579 C
1000w Colonial Dr Parking lot (commercial or patron) or mobile home park 0 L
715 Ellwood Av Vacant Commercial 0 L
712n Westmoreland Dr Vacant Residential 0 L
1100w Colonial Dr Auto sales, auto repair and storage or auto service shop 50,893 C
723 Ellwood Ave Single Family 1,825 B
1115w Colonial Dr Drive-in Restaurant 2,299 C
718n Westmoreland Dr Vacant Residential 0 L
720n Westmoreland Dr Single Family 1,041 C
727 Ellwood Ave Single Family 1,621 B
1001 Arlington St Parking lot (commercial or patron) or mobile home park 0 L
726n Westmoreland Dr Vacant Residential 0 L
722 Ellwood Ave Single Family 1,038 A
730n Westmoreland Dr Multi-family - less than 10 units 1,655 B
728 Ellwood Ave Vacant Residential 2,026 L
938w Colonial Dr Store, one story 3,079 B
739 Ellwood Ave Multi-family - 10 units or more 10,754 B
730 Ellwood Ave Single Family 1,263 A
736n Westmoreland Dr Single Family 1,233 C
629n Westmoreland Dr Store, one story 5,194 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.

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%.

Nearby Companies

Substance Millwork LLC
1100 West Colonial Dr
The Vip Investment LLC
1100 W Colonial Dr
All & 1 Health Consulting LLC
1019 W Colonial Dr
Three Masks, Inc.
1023 West Colonial Dr
Luxurii Nails LLC
1017 W Colonial Dr
Logan Cash Car Rental Inc
1001 W Colonial Dr
Logan Car Rental Inc
1001 W Colonial Dr
Silver Coin Laundry Spa LLC
633 North Westmoreland Dr
Eric Cinnamon Racing, LLC
1604 Taylorwood Dr
The Vip Investment Holding LLC
1115 W Colonial Dr
Disclaimers and Disclosures

Public Records Data

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