Marion County Real Estate - Ocala

Ocala is in North Central Florida. It's population as recorded in the 2010 Census was 56,315.

The median age for residents of Ocala is 38.2. Around 29.6% of Ocala households include school aged children and 29.7% of households include individuals aged 65 years or over. Census records indicate 70.7% of the Ocala population are White, 20.9% are Black or African American, .3% American Indian, 2.5% Asian and 2.4% are Two or more Races.

There are 26,764 housing units in Ocala. 3,661 (13.6%) of these were reported as vacant in the 2010 Census. There are 13,194 residential rental units in Ocala. 11,441 of them were occupied in 2010 providing a residential rental vacancy rate of 12.8%.

Ocala links:

Marion County

Marion County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, and Columbia counties. Incorporated municipalities include Belleview, Dunnellon, Ocala, McIntosh, and Reddick. The population of Marion County is over 330,000.

The largest industries providing employment in Marion County are agriculture, educational, health, and social services; retail trade; and manufacturing. Major private sector employers are Munroe Regional Medical Center, Ocala Regional Medical Center & West Marion Community Hospital, AT&T, Lockheed Martin, and E-ONE Inc. top public sector employers include Marion County Public Schools, Florida State Government, Federal Government, Marion County BCC, and City of Ocala.

Marion County is the only region in the United States that can legitimately claim the title of the horse capital of the world. Marion County contains nearly 50,000 horses during peak season, more than any other county in the nation. Thoroughbred racehorses from Marion were the first Florida-bred horses to win the Kentucky Derby and Florida Derby. The industry drives approximately $2.2 billion into the local economy and supports 40,000 jobs.

An important agricultural area, Marion County has a long history of ranching. It is the 12th largest cattle producer in the state and the Ocala Bull Sale is the oldest in the nation. More than 250,000 acres are devoted to logging. Other crops produced here include peanuts, citrus, and hay.

Ten miles northwest of Ocala lies the Lowell Correctional Institution. The facility was the first to house female inmates exclusively. The Lowell Annex is part of the complex and houses the state's female inmates on death row.

Neighboring Properties

AddressTypeSq FtClass 
818 Se 2nd St Condominium 1,120 B
816 Se 2nd St Condominium 1,120 B
826 Se 2nd St Condominium 1,120 B
824 Se 2nd St Condominium 1,120 B
822 Se 2nd St Condominium 1,120 B
823 Se 3rd St Condominium 1,120 B
821 Se 3rd St Condominium 1,120 B
835 Se 3rd St Single Family 2,466 A
825 Se 3rd St Condominium 1,120 B
831 Se 2nd St Single Family 460 C
835 Se 2nd St Single Family 1,452 B
810 Se 2nd St Condominium 1,120 B
839 Se 2nd St Single Family 1,465 B
904 Se 2nd St Single Family 1,765 A
814 Se 2nd St Condominium 1,120 B
812 Se 2nd St Condominium 1,120 B
819 Se 3rd St Condominium 1,120 B
815 Se 3rd St Condominium 1,120 B
905 Se 3rd St Single Family 1,332 B
819 Se 2nd St Single Family 2,048 B
817 Se 3rd St Condominium 1,120 B
910 Se 2nd St Single Family 2,046 B
828 Se Fort King St Hotel or motel 3,790 A
838 Se 3rd St Single Family 1,555 B
828 Se 3rd St Single Family 1,483 B
850 E Fort King St Professional service building 3,028 B
906 Se Fort King St Single Family 3,256 A
808 Se 2nd St Single Family 2,273 B
822 Se 3rd St Single Family 2,981 B
917 Se 3rd St Multi-family - less than 10 units 3,024 B
913 Se 2nd St Single Family 816 C
221 Se Wenona Ave Single Family 1,345 B
137 Se Wenona Ave Single Family 1,796 B
820 Se Fort King St Office building, non-professional service building, multi-story 5,020 A
818 Se 3rd St Single Family 1,384 B
917 Se 2nd St Single Family 941 C
920 Se 2nd St Single Family 1,180 B
303 Se Wenona Ave Single Family 2,669 B
808 Se Fort King St Office building, non-professional service building, multi-story 4,050 C
835 Se 4th St Single Family 896 C
916 Se Fort King St Office building, non-professional service building, one story 4,201 B
827 Se 4th St Single Family 1,698 B
222 Se Wenona Ave Single Family 2,410 B
841 Se 4th St Single Family 948 B
206 Se Wenona Ave Condominium 1,374 B
921 Se 3rd St Single Family 680 C
202 Se Wenona Ave Parking lot (commercial or patron) or mobile home park 0 L
922 Se 2nd St Single Family 1,096 B
122 Se Wenona Ave Single Family 2,499 A

Local Household Income

The median household income in this part of Florida is $49,566. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $131,988 per year. The top 1% earn more than $464,688 per year. Most renters earn between $24,756 (20th percentile) and $41,232 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $99,132 and $123,915.

The tax assessed value of this property places it in percentile 10 of all properties in this area. This suggests it would appeal to someone earning around $14,764 per year who should qualify for a mortgage between $29,528 and $36,910.

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 $805. Most renters earn between $2,063 and $3,436 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $584 (20th percentile) to $1,046 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 10 of all properties in this area. This corresponds to a rent of $448 per month and a monthly household income of $1,664 ($19,968 per year)

Nearby Companies

James L. Richard Properties, Inc.
808 East Fort King St
Richard A. Perry, P.A.
820 E Fort King St
First Edition Capital, LLC
828 E Fort King St
Soul Essentials Of Ocala, Inc.
805 Se Fort King St
Sir Ronald, Inc.
926 E Fort King St
Ruthy Young Salon, Inc.
935 E Fort King St
Kona Ice Ocala, LLC
835 Se 3rd St
Last Resort Services Inc.
222 Se Wenona Ave
Disclaimers and Disclosures

Public Records Data

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