The property is located at 450 South Orlando Avenue in Maitland, Florida, which experiences an average daily traffic count of 51,500 vehicles per day, respectively. Just off Orlando Avenue is East Horatio Avenue and Horatio Avenue, which brings an additional 37,980 and 26,000 vehicles to the immediate area daily. Maitland has a strong population count with approximately 96,000 individuals residing within a three-mile radius of the property and more than 270,000 individuals within a five-mile radius. Additionally, this subject property is situated in an affluent suburban community with an average household income exceeding $117,400 within a one-mile radius. The subject property benefits from its proximity to Interstate-4, which provides easy transportation access to neighboring Orlando, as well as Daytona Beach to the north and Tampa to the southwest. Located in a dense residential and retail corridor, MIDFLORIDA Credit Union is surrounded by many national retailers and banks including Publix, Starbucks, McDonald’s, Walgreens, Chase, PNC, Bank of America, SunTrust, Wells Fargo and many more. There are several condominium and apartment complexes within a half-mile of the subject property including the Q at Maitland, The Village at Lake Lily (250+ units) and Lake Maitland Terrace Condos (181 units).
Maitland is one of the oldest incorporated suburban municipalities in central Florida. As a major suburb of Orlando, the town's "historical corridor" encompasses old residences still standing and occupied in the Lake Lily - Lake Catherine area and extending through the central portion of the city. The area has always been a vacation spot because of its climate, location to theme parks and people. However, Maitland has recently become a location where affluent individuals have come to reside. Maitland’s Community Redevelopment Agency currently has an updated 2017 Master Plan in order to promote business retention and new business recruitment through the expansion of downtown Maitland, connection of public spaces, road and sidewalk improvements and new building additions. In total, these redevelopments will help attract new residents and businesses alike, further expanding the success of the city.