284 Covered Bridge Dr, Ocoee
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 | |
---|---|---|---|---|
294 Covered Bridge Dr | Single Family | 2,806 | C | |
276 Covered Bridge Dr | Single Family | 2,590 | C | |
183 Carisbrooke St | Single Family | 2,772 | C | |
195 Carisbrooke St | Single Family | 2,762 | C | |
304 Covered Bridge Dr | Single Family | 2,404 | C | |
262 Covered Bridge Dr | Single Family | 2,760 | C | |
167 Carisbrooke St | Single Family | 3,045 | C | |
281 Covered Bridge Dr | Single Family | 3,371 | C | |
209 Carisbrooke St | Single Family | 2,818 | C | |
289 Covered Bridge Dr | Single Family | 2,677 | C | |
153 Carisbrooke St | Single Family | 2,392 | C | |
316 Covered Bridge Dr | Single Family | 2,344 | C | |
248 Covered Bridge Dr | Single Family | 2,377 | C | |
301 Covered Bridge Dr | Single Family | 3,706 | C | |
259 Covered Bridge Dr | Single Family | 3,104 | C | |
223 Carisbrooke St | Single Family | 2,706 | C | |
313 Covered Bridge Dr | Single Family | 2,695 | C | |
137 Carisbrooke St | Single Family | 2,870 | C | |
272 Highbrooke Bl | Single Family | 3,205 | C | |
1 Edenton Ct | Single Family | 2,675 | C | |
245 Covered Bridge Dr | Single Family | 2,641 | C | |
288 Highbrooke Bl | Single Family | 2,653 | C | |
332 Covered Bridge Dr | Single Family | 2,533 | C | |
234 Covered Bridge Dr | Single Family | 2,680 | C | |
202 Carisbrooke St | Single Family | 2,922 | C | |
2 Edenton Ct | Single Family | 2,957 | C | |
304 Highbrooke Bl | Single Family | 3,164 | C | |
244 Highbrooke Bl | Single Family | 2,890 | C | |
237 Carisbrooke St | Single Family | 2,883 | C | |
327 Covered Bridge Dr | Single Family | 3,454 | C | |
252 Carisbrooke St | Single Family | 2,273 | C | |
231 Covered Bridge Dr | Single Family | 2,391 | C | |
121 Carisbrooke St | Single Family | 2,658 | C | |
316 Highbrooke Bl | Single Family | 2,350 | C | |
226 Highbrooke Bl | Single Family | 2,746 | C | |
344 Covered Bridge Dr | Single Family | 2,224 | C | |
218 Covered Bridge Dr | Single Family | 2,393 | C | |
4 Edenton Ct | Single Family | 3,042 | C | |
134 Carisbrooke St | Single Family | 2,782 | C | |
3 Edenton Ct | Single Family | 2,197 | 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 64 of all properties in this area. This suggests it would appeal to someone earning around $97,530 per year who should qualify for a mortgage between $195,060 and $243,825.
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 64 of all properties in this area. This corresponds to a rent of $1,271 per month and a monthly household income of $4,290 ($51,480 per year)
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