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 
742 Se 9th St Single Family 896 C
720 Se 9th St Multi-family - less than 10 units 1,824 B
735 Se 10th St Single Family 938 C
739 Se 10th St Single Family 1,254 C
729 Se 10th St Multi-family - less than 10 units 1,680 B
716 Se 9th St Single Family 0 B
737 Se 9th St Single Family 1,337 C
806 Se 9th St Single Family 1,222 C
731 Se 9th St Single Family 1,040 C
721 Se 10th St Single Family 1,064 C
729 Se 9th St Single Family 893 C
805 Se 10th St Vacant Residential 0 L
719 Se 9th St Single Family 648 C
715 Se 10th St Single Family 1,810 B
804 Se 8th St Single Family 2,880 B
811 Se 9th St Single Family 866 B
818 Se 9th St Single Family 784 C
715 Se 9th St Single Family 847 C
738 Se 8th St Multi-family - less than 10 units 1,512 C
732 Se 8th St Single Family 1,080 C
722 Se 10th St Single Family 847 C
728 Se 8th St Single Family 1,600 B
711 Se 9th St Single Family 1,272 C
705 Se 10th St Single Family 958 B
734 Se 10th St Multi-family - less than 10 units 3,275 B
806 Se 10th St Single Family 1,469 B
826 Se 9th St Single Family 1,102 B
825 Se Sanchez Ave Single Family 1,186 C
825 Se 9th St Multi-family - less than 10 units 8,082 B
714 Se 10th St Single Family 988 B
716 Se 8th St Single Family 884 C
816 Se 8th St Multi-family - less than 10 units 1,600 B
739 Se 10th Pl Single Family 792 B
818 Se 10th St Single Family 1,702 B
725 Se 10th Pl Single Family 1,324 B
706 Se 10th St Single Family 988 B
704 Se 8th St Single Family 1,334 B
902 Se Sanchez Ave Multi-family - less than 10 units 1,664 B
713 Se 10th Pl Single Family 1,224 C
918 Se Sanchez Ave Single Family 978 C
924 Se 9th Ave Single Family 2,167 B
828 Se 10th St Multi-family - less than 10 units 2,234 B
824 Se Sanchez Ave Single Family 1,064 C
906 Se 9th Ave Single Family 1,530 B
916 Se 9th Ave Single Family 2,085 B
924 Se Sanchez Ave Single Family 1,256 C
1015 Se Wenona Ave Single Family 1,552 B
733 Se 8th St Single Family 1,040 C
716 Se Wenona Ave Single Family 1,374 B

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 34 of all properties in this area. This suggests it would appeal to someone earning around $36,271 per year who should qualify for a mortgage between $72,542 and $90,678.

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 34 of all properties in this area. This corresponds to a rent of $706 per month and a monthly household income of $2,326 ($27,912 per year)

Nearby Companies

Ssb Ocala, Inc.
739 Se 10th St
Ryals & Sons LLC
924 Se Sanchez Ave
Presenting Ocala LLC
916 Se 9th Ave
Lyonnais 69 LLC
824 Se Sanchez Ave
1908 Estate, LLC
804 Se 8th St
James R Heller LLC
728 Se 8th St
Disclaimers and Disclosures

Public Records Data

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