703 Se 2nd St, Ocala
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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 713 Se 2nd St | Single Family | 2,017 | B |
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| 704 Se Fort King St | Single Family | 6,136 | B |
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| 205 Se Sanchez Ave | Single Family | 2,337 | B |
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| 712 Se Fort King St | Single Family | 3,445 | A |
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| 719 Se 2nd St | Single Family | 1,160 | B |
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| 720 Se Fort King St | Multi-family - less than 10 units | 1,622 | B |
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| 1 Parking Lot | Vacant Institutional Property | 0 | L | |
| 725 Se 2nd St | Single Family | 1,169 | B |
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| 211 Se Sanchez Ave | Single Family | 1,510 | B |
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| 728 Se Fort King St | Multi-family - less than 10 units | 4,429 | A |
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| 731 Se 2nd St | Single Family | 1,591 | B |
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| 703 Se Fort King St | Professional service building | 1,054 | B |
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| 726 Se 2nd St | Single Family | 1,014 | B |
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| 221 Se Sanchez Ave | Multi-family - less than 10 units | 3,094 | B |
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| 621 Se Fort King St | Multi-family - less than 10 units | 3,311 | B |
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| 715 Se Fort King St | Multi-family - less than 10 units | 3,108 | B |
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| 721 Se 3rd St | Single Family | 768 | C |
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| 613 Se Fort King St | Single Family | 2,650 | A |
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| 723 Se Fort King St | Office building, non-professional service building, multi-story | 2,814 | B |
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| 204 Se Wenona Ave | Condominium | 908 | B |
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| 122 Se Wenona Ave | Single Family | 2,499 | A |
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| 727 Se 3rd St | Single Family | 2,552 | B |
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| 740 Se Fort King St | Multi-family - less than 10 units | 5,102 | A |
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| 202 Se Wenona Ave | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 603 Se Fort King St | Office building, non-professional service building, one story | 2,926 | B |
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| 206 Se Wenona Ave | Condominium | 1,374 | B |
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| 521 Se 2nd St | Office building, non-professional service building, multi-story | 2,658 | B |
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| 733 Se 3rd St | Multi-family - less than 10 units | 2,463 | B |
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| 624 Se Broadway St | Single Family | 2,035 | B |
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| 712 Se Broadway St | Single Family | 1,506 | B |
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| 520 Se Fort King St | Office building, non-professional service building, multi-story | 8,562 | B |
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| 708 Se 3rd St | Single Family | 2,135 | B |
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| 733 Se Fort King St | Multi-family - less than 10 units | 6,408 | A |
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| 720 Se Broadway St | Single Family | 1,690 | B |
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| 222 Se Wenona Ave | Single Family | 2,410 | B |
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| 712 Se 3rd St | Single Family | 1,837 | B |
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| 103 Se Tuscawilla Ave | Office building, non-professional service building, multi-story | 6,711 | A |
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| 611 Se 3rd St | Vacant Institutional Property | 0 | L | |
| 137 Se Wenona Ave | Single Family | 1,796 | B |
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| 720 Se 3rd St | Single Family | 3,198 | B |
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| 743 E Fort King St | Office building, non-professional service building, multi-story | 2,970 | A |
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| 808 Se Fort King St | Office building, non-professional service building, multi-story | 4,050 | C |
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| 808 Se 2nd St | Single Family | 2,273 | B |
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| 521 Se Fort King St | Office building, non-professional service building, one story | 3,602 | A |
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| 315 Se Sanchez Ave | Multi-family - less than 10 units | 1,280 | B |
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| 726 Se 3rd St | Single Family | 2,421 | B |
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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 89 of all properties in this area. This suggests it would appeal to someone earning around $127,031 per year who should qualify for a mortgage between $254,062 and $317,578.
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 89 of all properties in this area. This corresponds to a rent of $1,192 per month and a monthly household income of $4,150 ($49,800 per year)
Nearby Companies
520 Se Fort King St
520 Se Fort King St
521 Se Fort King St
521 Se 2nd St
723 E Fort King St
723 E Fort King St
103 Se Tuscawilla Ave
743 E Fort King St
208 Se Tuscawilla Ave
712 Se 3 Street
222 Se Wenona Ave
206 Se Wenona Ave