1416n Observatory 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

AddressTypeSq FtClass 
1412n Observatory Dr Single Family 1,934 A
6320 Vernon St Single Family 1,687 A
1413n Buena Vista Ave Single Family 2,066 A
1404n Observatory Dr Single Family 1,805 A
1411n Buena Vista Ave Single Family 2,280 A
1423n Buena Vista Ave Single Family 1,723 A
1417 Observatory Dr Single Family 2,765 A
1403n Buena Vista Ave Single Family 1,996 A
1409 Observatory Dr Single Family 1,575 A
6310 Vernon St Single Family 1,828 A
1318n Observatory Dr Vacant Residential 0 L
1401 Observatory Dr Single Family 1,817 A
1317n Buena Vista Ave Single Family 2,436 A
6312 Balboa Dr Single Family 2,106 A
1319 Observatory Dr Single Family 2,792 A
1414n Buena Vista Ave Single Family 1,665 A
1314n Observatory Dr Vacant Residential 0 L
1410n Powers Dr Single Family 1,787 A
1450n Powers Dr Single Family 2,679 A
1422n Buena Vista Ave Single Family 2,001 A
1410n Buena Vista Ave Single Family 2,169 A
6306 Balboa Dr Single Family 1,474 A
1324n Powers Dr Single Family 1,692 A
1402n Buena Vista Ave Single Family 1,864 A
1307n Buena Vista Ave Single Family 2,556 A
1315 Observatory Dr Single Family 2,043 A
1324n Buena Vista Ave Single Family 1,980 A
1320n Powers Dr Single Family 1,722 A
1514 Hinckley Rd Single Family 1,346 A
6304 Balboa Dr Single Family 1,887 A
6325 Moore St Single Family 2,706 A
1316n Buena Vista Ave Single Family 2,059 A
6333 Moore St Single Family 2,292 A
1413n Hart Bl Single Family 1,756 A
1513 Hinckley Dr Single Family 1,348 A
1421n Hart Bl Single Family 1,947 A
1316n Powers Dr Single Family 2,748 A
1407n Hart Bl Single Family 1,775 A

Local Household Income

The median household income in this part of Florida is $43,961. The bottom 10% of the population earn less than $12,655 per year. The top 10% earn more than $121,326 per year. The top 1% earn more than $417,904 per year. Most renters earn between $25,080 (20th percentile) and $45,336 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $87,922 and $109,903.

The tax assessed value of this property places it in percentile 42 of all properties in this area. This suggests it would appeal to someone earning around $37,340 per year who should qualify for a mortgage between $74,680 and $93,350.

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 $960. Most renters earn between $2,090 and $3,778 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $719 (20th percentile) to $1,273 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 42 of all properties in this area. This corresponds to a rent of $899 per month and a monthly household income of $2,667 ($32,004 per year)

Nearby Companies

Kid'S Ink, LLC
1513 Hinckley Rd
Carefree Transportation LLC
1401 North Observatory Dr
One Fast Trans, Inc.
6310 Vernon St
Disclaimers and Disclosures

Public Records Data

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