520s Candler Ave, 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 | |
|---|---|---|---|---|
| 600 Somershire Ct | Single Family | 1,800 | C |
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| 516s Candler Ave | Single Family | 2,301 | B |
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| 601 Somershire Ct | Single Family | 2,034 | C |
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| 523 Crabtree Ave | Single Family | 1,869 | C |
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| 437 Crabtree Ave | Vacant Residential | 0 | L | |
| 508s Candler Ave | Single Family | 1,637 | B |
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| 431 Crabtree Ave | Vacant Residential | 0 | L | |
| 6547 Grosvenor Ln | Single Family | 2,027 | C |
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| 6541 Grosvenor Ln | Single Family | 1,757 | C |
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| 517s Candler Ave | Single Family | 933 | B |
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| 605 Somershire Ct | Single Family | 1,999 | C |
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| 521s Candler Ave | Single Family | 1,228 | C |
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| 513s Candler Ave | Single Family | 1,111 | B |
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| 6553 Grosvenor Ln | Single Family | 1,757 | C |
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| 504s Candler Ave | Single Family | 1,223 | B |
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| 509s Candler Ave | Single Family | 1,210 | B |
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| 425 Crabtree Ave | Single Family | 980 | C |
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| 609 Somershire Ct | Single Family | 2,026 | C |
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| 6559 Grosvenor Ln | Single Family | 1,757 | C |
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| 426s Candler Ave | Single Family | 602 | C |
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| 6537 Grosvenor Ln | Single Family | 1,792 | C |
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| 427s Candler Ave | Single Family | 1,807 | B |
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| 522 Crabtree Ave | Single Family | 1,104 | C |
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| 602 Berks Ct | Single Family | 1,970 | C |
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| 436 Crabtree Ave | Single Family | 1,267 | B |
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| 424s Candler Ave | Single Family | 1,522 | A |
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| 6565 Grosvenor Ln | Single Family | 1,788 | C |
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| 516 Enka Ave | Single Family | 1,483 | B |
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| 425s Candler Ave | Single Family | 1,084 | B |
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| 610 Berks Ct | Single Family | 1,804 | C |
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| 430 Crabtree Ave | Single Family | 1,267 | B |
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| 6531 Grosvenor Ln | Single Family | 1,779 | C |
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| 6540 Grosvenor Ln | Single Family | 2,084 | C |
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| 424 Crabtree Ave | Single Family | 1,390 | C |
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| 6546 Grosvenor Ln | Single Family | 1,757 | C |
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| 6536 Grosvenor Ln | Single Family | 1,990 | C |
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| 423s Candler Ave | Single Family | 1,393 | B |
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| 506 Enka Ave | Single Family | 1,792 | B |
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| 618 Berks Ct | Single Family | 2,084 | C |
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| 422s Candler Ave | Single Family | 1,522 | A |
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| 6571 Grosvenor Ln | Single Family | 1,764 | C |
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| 6558 Grosvenor Ln | Single Family | 1,804 | C |
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| 6530 Grosvenor Ln | Single Family | 1,811 | C |
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| 6525 Grosvenor Ln | Single Family | 1,764 | C |
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| 424 Enka Ave | Single Family | 1,185 | B |
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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 19 of all properties in this area. This suggests it would appeal to someone earning around $20,023 per year who should qualify for a mortgage between $40,046 and $50,058.
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 19 of all properties in this area. This corresponds to a rent of $710 per month and a monthly household income of $2,056 ($24,672 per year)
Nearby Companies
6541 Abercrombie Ct
523 Crabtree Ave
601 Somershire Ct
520 S Candler Ave
516 S Candler Ave
516 S Candler Ave
6525 Grosvenor Ln
602 Berks Ct
416 Enka Ave