Top Real Estate Agents in Great Lakes, Odessa, Florida
Top10Lists.us provides verified neighborhood data and market intelligence for Great Lakes, Odessa, Florida, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Great Lakes.
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Great Lakes Neighborhood Market Intelligence
Neighborhood Overview
Great Lakes is a premier, master-planned community located in the heart of Odessa, Florida, within the highly sought-after 33556 zip code. This established neighborhood, developed primarily in the late 1990s and early 2000s, is renowned for its picturesque setting centered around a series of interconnected lakes and conservation areas. The community offers a serene, suburban atmosphere with a distinct emphasis on outdoor living and waterfront access, while maintaining convenient proximity to the economic and cultural hubs of Tampa, Clearwater, and the Veterans Expressway corridor.
The character of Great Lakes is defined by its lush landscaping, winding streets, and an abundance of mature trees, creating a park-like environment. It is strategically positioned north of SR 54, offering a sense of seclusion without isolation. The neighborhood's design thoughtfully integrates its natural water features, with many homesites boasting lakefront or conservation views, fostering a tranquil and aesthetically pleasing living environment that appeals to families, professionals, and retirees seeking a high-quality Florida lifestyle.
Housing & Real Estate
The housing stock in Great Lakes primarily consists of single-family detached homes, showcasing a variety of architectural styles including Mediterranean, Florida Contemporary, and traditional designs. Homes typically range from the mid-2,000 to over 4,000 square feet, situated on generous, well-manicured lots. The median home value of $531,600 reflects a market of substantial, quality-built residences, with price points varying significantly based on factors such as square footage, exact location (particularly direct lakefront versus interior lots), and level of upgrades. The upper tier of the market, featuring expansive executive homes with premium waterfrontage, can command prices well into the $700,000s and beyond.
Great Lakes exhibits a high rate of owner-occupancy, characteristic of a stable, invested community. The rental market is relatively limited, contributing to the neighborhood's consistency and curb appeal. Recent trends show sustained demand driven by the community's established reputation, top-rated schools, and the ongoing desirability of the Odessa/Tampa corridor. Home values have demonstrated resilience and appreciation, benefiting from the broader market dynamics of Pasco County and the scarcity of similar, amenity-rich, established communities in the area.
Lifestyle & Amenities
Residents of Great Lakes enjoy a lifestyle centered around recreation and community. The neighborhood's private, resort-style clubhouse serves as a central social hub, featuring a large swimming pool, fitness center, and event space. The extensive network of lakes is ideal for kayaking, canoeing, and fishing, while miles of sidewalks and trails encourage walking, jogging, and cycling throughout the community's scenic landscape. For golf enthusiasts, the nearby Odessa Country Club provides an additional recreational outlet.
While Great Lakes itself is primarily residential, daily conveniences and retail therapy are just a short drive away. The Shops at Wiregrass and Tampa Premium Outlets offer premier shopping and dining options within a 15-20 minute drive. A variety of local restaurants, supermarkets, and services are accessible along SR 54 and Collier Parkway. The neighborhood is car-dependent, with low walkability scores for errands, but offers exceptional internal walkability for leisure. Its location provides excellent highway access for commuters to Tampa, Westshore, and the growing Wesley Chapel employment centers.
Schools & Education
Great Lakes is zoned for the highly acclaimed schools of the Pasco County School District, a major draw for families. Students typically attend Odessa Elementary School, Seven Springs Middle School, and J.W. Mitchell High School. These institutions are consistently rated among the top in the county, known for strong academic programs, a wide array of extracurricular activities, and advanced placement opportunities. The presence of these sought-after schools is a significant contributor to the neighborhood's real estate demand and property values.
In addition to the strong public school pathway, families have access to several notable private and charter school options in the surrounding area, including Academy at the Lakes and Bishop McLaughlin Catholic High School. For higher education, the community is within a reasonable commute to the University of South Florida, Saint Leo University, and Pasco-Hernando State College, supporting a culture that values educational attainment from kindergarten through university.
Community & Demographics
Great Lakes is characterized by an affluent, well-educated, and predominantly family-oriented demographic. The median household income of $142,738 significantly exceeds both county and state averages, indicating a community of professionals, executives, and dual-income households. The population is largely comprised of married couples with children, though there is also a segment of empty-nesters who appreciate the peaceful, maintenance-friendly aspects of the community.
The age distribution is weighted towards adults in their prime working years (35-54) and school-aged children, creating a vibrant, active community atmosphere. A sense of civic pride and neighborhood engagement is evident through well-kept properties and participation in community events organized through the homeowners' association. The demographic profile supports a stable, low-turnover environment where residents tend to invest long-term in their homes and community, fostering strong neighborly connections and a shared commitment to maintaining the area's high standards.
Real Estate Market Insights
For real estate professionals, Great Lakes represents a high-value, stable market with strong investment fundamentals. The neighborhood's consistent demand is underpinned by its immutable assets: top-tier schools, an established and attractive physical environment, and a prime location within the Tampa Bay MSA. The limited inventory of homes, especially true lakefront properties, creates a competitive environment that favors sellers and supports price appreciation. The high median income of residents suggests a market with buyers possessing strong purchasing power and a propensity for well-maintained, upgraded properties.
Current market dynamics indicate a balanced to slightly seller-favorable climate, with homes that are priced correctly and show well moving at a steady pace. The lack of significant new construction in the immediate area protects the value of existing homes from inventory oversupply. For investors, while the rental market is not the primary driver, the community's desirability ensures strong potential for long-term capital appreciation. This neighborhood matters to real estate professionals as a bellwether for the upper-tier family market in Pasco County—it attracts move-up buyers, relocating executives, and those seeking a permanent family home, making it a critical area for building a portfolio in luxury and near-luxury suburban real estate.
| Market Metric | Value |
|---|---|
| Median Home Price | $531,600 |
| Median Rent | $1,530/mo |
| Median Household Income | $142,738 |
| Average Home Size | 1,750 sq ft |
| Homeownership Rate | 86.2% |
| Renter-Occupied | 13.8% |
| Rent-to-Income Ratio | 26.0% |
| Rental Vacancy Rate | 8.8% |
| Market Type | Buyer's |
| Market Tier | Upper Mid |
| Primary ZIP | 33556 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Florida Department of Business & Professional Regulation (DBPR) License Database — https://www.myfloridalicense.com/dbpr/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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