8570 Summerville Pl, Orlando
Orange County Real Estate - Windermere
Windermere is in East Central Florida. It's population as recorded in the 2010 Census was 2,462. Windermere is approximately 10 miles from Orlando (population 238,300) and around 16 miles from Kissimmee (population 59,682).
The median age for residents of Windermere is 45.6. Around 37.4% of Windermere households include school aged children and 27.1% of households include individuals aged 65 years or over. Census records indicate 94.1% of the Windermere population are White, 1.4% are Black or African American, 0% American Indian, 2.9% Asian and 1% are Two or more Races.
There are 960 housing units in Windermere. 75 (7.8%) of these were reported as vacant in the 2010 Census. Windermere is a tourist destination, 28% (21) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 114 residential rental units in Windermere. 106 of them were occupied in 2010 providing a residential rental vacancy rate of 7%.
Windermere 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 | |
|---|---|---|---|---|
| 8576 Summerville Pl | Single Family | 3,237 | B |
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| 8520 Redleaf Ln | Single Family | 3,408 | B |
|
| 8526 Redleaf Ln | Single Family | 3,080 | B |
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| 8508 Redleaf Ln | Single Family | 4,505 | B |
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| 8569 Summerville Pl | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 5245 Timberview Te | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 8582 Summerville Pl | Single Family | 4,526 | B |
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| 8556 Summerville Pl | Single Family | 4,168 | B |
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| 8501 Redleaf Ln | Single Family | 4,956 | B |
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| 8532 Redleaf Ln | Single Family | 4,634 | B |
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| 8563 Summerville Pl | Single Family | 3,977 | B |
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| 8575 Summerville Pl | Single Family | 3,212 | B |
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| 8588 Summerville Pl | Single Family | 3,371 | B |
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| 8557 Summerville Pl | Single Family | 3,652 | B |
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| 8581 Summerville Pl | Single Family | 4,111 | B |
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| 8525 Redleaf Ln | Single Family | 4,391 | B |
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| 8507 Redleaf Ln | Single Family | 3,793 | B |
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| 8538 Redleaf Ln | Single Family | 4,006 | B |
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| 8551 Summerville Pl | Single Family Residence | 0 | B | |
| 5255 Timberview Te | Single Family | 3,643 | B |
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| 8594 Summerville Pl | Single Family | 3,845 | B |
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| 5119 Lobo Ct | Single Family | 3,351 | B |
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| 8552 Summerville Pl | Single Family | 4,385 | B |
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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 93 of all properties in this area. This suggests it would appeal to someone earning around $256,221 per year who should qualify for a mortgage between $512,442 and $640,553.
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 93 of all properties in this area. This corresponds to a rent of $1,896 per month and a monthly household income of $6,250 ($75,000 per year)
Nearby Companies
8525 Redleaf Ln
8525 Redleaf Ln
5119 Lobo Ct