504 Water Way 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%.

Ocoee links:

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 
506 Water Way Ct Single Family 2,216 C
801 Burr Oak Dr Single Family 2,988 C
508 Water Way Ct Single Family 2,555 C
803 Burr Oak Dr Single Family 2,529 C
513 Water Way Ct Single Family 2,529 C
515 Water Way Ct Single Family 2,422 C
716e Lakeshore Dr Single Family 3,266 C
717 Broadway Dr Single Family 2,534 C
805 Burr Oak Dr Single Family 2,529 C
517 Water Way Ct Single Family 2,461 C
510 Water Way Ct Single Family 1,864 C
715 Broadway Dr Single Family 1,837 C
714e Lakeshore Dr Single Family 1,902 C
807 Burr Oak Dr Single Family 2,227 C
816 Chicago Ave Single Family 1,963 C
814 Chicago Ave Single Family 2,600 C
504 Bernadino Dr Single Family 2,009 C
519 Water Way Ct Single Family 2,045 C
506 Bernadino Dr Single Family 2,461 C
719 Broadway Dr Single Family 1,736 C
818 Chicago Ave Single Family 1,868 C
517 Whiskey Creek Ct Single Family 2,020 C
712e Lakeshore Dr Single Family 2,436 C
521 Whiskey Creek Ct Single Family 2,070 C
809 Burr Oak Dr Single Family 2,279 C
820 Chicago Ave Single Family 1,967 C
537 Whiskey Creek Ct Single Family 2,060 C
721 Hamlin Dr Single Family 2,325 C
713 Broadway Dr Single Family 1,906 C
510 Bernadino Dr Single Family 2,389 C
555 Whiskey Creek Ct Single Family 1,824 C
822 Chicago Ave Single Family 2,006 C
710e Lakeshore Dr Single Family 2,033 C
510 Whiskey Creek Ct Single Family 2,256 C
716 Broadway Dr Single Family 1,803 C
815 Chicago Ave Multi-family - less than 10 units 3,330 B
723 Hamlin Dr Single Family 1,734 C
571 Whiskey Creek Ct Single Family 2,027 C
819 Chicago Ave Multi-family - less than 10 units 2,418 B
711 Broadway Dr Single Family 2,224 C

Local Household Income

The median household income in this part of Florida is $74,659. The bottom 10% of the population earn less than $24,097 per year. The top 10% earn more than $206,238 per year. The top 1% earn more than $568,784 per year. Most renters earn between $35,028 (20th percentile) and $60,552 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $149,318 and $186,648.

The tax assessed value of this property places it in percentile 33 of all properties in this area. This suggests it would appeal to someone earning around $51,485 per year who should qualify for a mortgage between $102,970 and $128,713.

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 $1,118. Most renters earn between $2,919 and $5,046 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $888 (20th percentile) to $1,531 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 33 of all properties in this area. This corresponds to a rent of $989 per month and a monthly household income of $3,204 ($38,448 per year)

Nearby Companies

Banner Transportation Group, LLC
809 Burr Oak Dr
Efrain R Reyes LLC
515 Bernadino Dr
Beartraxx Creative Media, LLC
713 Broadway Dr
C.L.Vega Investment LLC
514 Whiskey Creek Ct
Mr.Driver Cdl Training &Testing , LLC
514 Whiskey Creek Ct
Clear-Spot Cleaning Systems LLC
510 Whiskey Creek Ct
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.