692 Cimarosa Ct, Ocoee
Orange County Real Estate - Ocoee
Ocoee is in East Central Florida. It's population as recorded in the 2010 Census was 35,579. Ocoee is approximately 10 miles from Orlando (population 238,300) and around 21 miles from Kissimmee (population 59,682).
The median age for residents of Ocoee is 35.4. Around 45.2% of Ocoee households include school aged children and 18.2% of households include individuals aged 65 years or over. Census records indicate 66.7% of the Ocoee population are White, 17.5% are Black or African American, .3% American Indian, 5.5% Asian and 3.3% are Two or more Races. Ocoee has a significant Hispanic population. 20.7% (7,394) of Ocoee residents are of Hispanic or Latino origin. Of these 41.11% are of Mexican origin, 27.73% Puerto Rican, 4.96% Cuban and 26.18% are of other Hispanic or Latino origin.
There are 12,802 housing units in Ocoee. 1,010 (7.8%) of these were reported as vacant in the 2010 Census. There are 3,065 residential rental units in Ocoee. 2,816 of them were occupied in 2010 providing a residential rental vacancy rate of 7.8%.
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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 | |
---|---|---|---|---|
688 Cimarosa Ct | Single Family | 2,768 | C | |
696 Cimarosa Ct | Single Family | 2,865 | C | |
2647 Palastro Wa | Single Family | 2,827 | C | |
656 Fortanini Ci | Vacant Residential | 0 | L | |
684 Cimarosa Ct | Single Family | 2,803 | C | |
654 Fortanini Ci | Vacant Residential | 0 | L | |
652 Fortanini Ci | Vacant Residential | 0 | L | |
693 Cimarosa Ct | Single Family | 3,538 | C | |
650 Fortanini Ci | Vacant Residential | 0 | L | |
697 Cimarosa Ct | Single Family | 3,494 | C | |
689 Cimarosa Ct | Single Family | 2,784 | C | |
648 Fortanini Ci | Vacant Residential | 0 | L | |
646 Fortanini Ci | Vacant Residential | 0 | L | |
2639 Palastro Wa | Single Family | 2,784 | C | |
644 Fortanini Ci | Vacant Residential | 0 | L | |
680 Cimarosa Ct | Single Family | 3,940 | C | |
685 Cimarosa Ct | Single Family | 2,957 | C | |
660 Fortanini Ci | Single Family | 1,561 | A | |
642 Fortanini Ci | Vacant Residential | 0 | L | |
2632 Palastro Wa | Single Family | 3,501 | C | |
662 Fortanini Ci | Single Family | 1,561 | A | |
2640 Palastro Wa | Single Family | 2,979 | C | |
638 Fortanini Ci | Vacant Residential | 0 | L | |
664 Fortanini Ci | Single Family | 1,519 | A | |
2631 Palastro Wa | Single Family | 3,632 | C | |
655 Fortanini Ci | Single Family | 0 | C | |
2648 Palastro Wa | Single Family | 3,943 | C | |
681 Cimarosa Ct | Single Family | 2,796 | C | |
605 Cimarosa Ct | Single Family | 3,202 | C | |
636 Fortanini Ci | Vacant Residential | 0 | L | |
666 Fortanini Ci | Single Family | 1,519 | A | |
657 Fortanini Ci | Single Family | 0 | C | |
601 Cimarosa Ct | Single Family | 2,684 | C | |
676 Cimarosa Ct | Single Family | 2,778 | C | |
609 Cimarosa Ct | Single Family | 2,743 | C | |
659 Fortanini Ci | Single Family | 0 | C | |
634 Fortanini Ci | Vacant Residential | 0 | L | |
668 Fortanini Ci | Single Family | 1,385 | A |
Local Household Income
The median household income in this part of Florida is $61,167. The bottom 10% of the population earn less than $18,452 per year. The top 10% earn more than $143,179 per year. The top 1% earn more than $374,851 per year. Most renters earn between $25,140 (20th percentile) and $48,348 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $122,334 and $152,918.
The tax assessed value of this property places it in percentile 79 of all properties in this area. This suggests it would appeal to someone earning around $103,415 per year who should qualify for a mortgage between $206,830 and $258,538.
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 $1,031. Most renters earn between $2,095 and $4,029 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $756 (20th percentile) to $1,383 (80th percentile) range. The residential vacancy rate is 11%.
This property falls in percentile 79 of all properties in this area. This corresponds to a rent of $1,363 per month and a monthly household income of $3,916 ($46,992 per year)
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