8223 Old Grove Dr, Orlando
Orange County Real Estate - Gotha
Gotha is in East Central Florida. It's population as recorded in the 2010 Census was 1,915. Gotha is approximately 9 miles from Orlando (population 238,300) and around 18 miles from Kissimmee (population 59,682).
The median age for residents of Gotha is 38.7. Around 55.3% of Gotha households include school aged children and 15.5% of households include individuals aged 65 years or over. Census records indicate 78.3% of the Gotha population are White, 6.7% are Black or African American, .4% American Indian, 9% Asian and 2.1% are Two or more Races.
There are 641 housing units in Gotha. 48 (7.4%) of these were reported as vacant in the 2010 Census. There are 64 residential rental units in Gotha. 60 of them were occupied in 2010 providing a residential rental vacancy rate of 6.3%.
Gotha links:
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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 | |
---|---|---|---|---|
8229 Old Grove Dr | Single Family | 2,031 | C | |
8217 Old Grove Dr | Single Family | 2,000 | C | |
1520 High Grove Wa | Single Family | 2,267 | C | |
1526 High Grove Wa | Single Family | 2,267 | C | |
1514 High Grove Wa | Single Family | 2,135 | C | |
8224 Old Grove Dr | Single Family | 2,274 | C | |
8218 Old Grove Dr | Single Family | 2,046 | C | |
8230 Old Grove Dr | Single Family | 2,036 | C | |
8235 Old Grove Dr | Single Family | 2,007 | C | |
8211 Old Grove Dr | Single Family | 2,223 | C | |
1532 High Grove Wa | Single Family | 2,115 | C | |
1508 High Grove Wa | Single Family | 2,212 | C | |
8236 Old Grove Dr | Single Family | 2,211 | C | |
8212 Old Grove Dr | Single Family | 2,389 | C | |
1521 High Grove Wa | Single Family | 2,052 | C | |
8221 Rose Groves Rd | Single Family | 2,184 | C | |
8205 Old Grove Dr | Single Family | 2,145 | C | |
1527 High Grove Wa | Single Family | 2,118 | C | |
8227 Rose Groves Rd | Single Family | 2,853 | C | |
8215 Rose Groves Rd | Single Family | 2,379 | C | |
1515 High Grove Wa | Single Family | 2,106 | C | |
8206 Old Grove Dr | Single Family | 2,199 | C | |
8209 Rose Groves Rd | Single Family | 1,923 | C | |
8233 Rose Groves Rd | Single Family | 2,525 | C | |
1533 High Grove Wa | Single Family | 2,508 | C | |
1502 High Grove Wa | Single Family | 2,306 | C | |
1426 Heirloom Dr | Single Family | 2,080 | C | |
1432 Heirloom Dr | Single Family | 2,010 | C | |
1420 Heirloom Dr | Single Family | 2,484 | C | |
8131 Old Grove Dr | Single Family | 1,111 | A | |
1509 High Grove Wa | Single Family | 2,091 | C | |
8132 Old Grove Dr | Single Family | 1,614 | A | |
1438 Heirloom Dr | Single Family | 2,419 | C | |
8328 Snowfire Dr | Single Family | 1,958 | C | |
8334 Snowfire Dr | Single Family | 2,397 | C | |
1414 Heirloom Dr | Single Family | 2,284 | C | |
8203 Rose Groves Rd | Single Family | 2,027 | C | |
8322 Snowfire Dr | Single Family | 2,144 | C | |
1470 High Grove Wa | Single Family | 1,743 | A | |
1500 Heirloom Dr | Single Family | 2,161 | C | |
8340 Snowfire Dr | Single Family | 2,579 | C | |
8222 Rose Groves Rd | Single Family | 2,331 | 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 56 of all properties in this area. This suggests it would appeal to someone earning around $83,580 per year who should qualify for a mortgage between $167,160 and $208,950.
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 56 of all properties in this area. This corresponds to a rent of $1,173 per month and a monthly household income of $3,920 ($47,040 per year)
Nearby Companies
1515 Highgrove Way
8234 Rose Groves Rd
8222 Rose Groves Rd
8222 Rose Groves Rd
8236 Old Grove Dr
8230 Old Grove Rd
1426 Heirloom Dr
1426 Heirloom Dr