721 Se 34th Ter, 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 34th Ter | Single Family | 1,504 | B |
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| 725 Se 34th Ter | Single Family | 1,300 | B |
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| 734 Se 35th Ave | Single Family | 1,150 | B |
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| 722 Se 34th Ter | Single Family | 1,300 | B |
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| 718 Se 34th Ter | Single Family | 1,300 | B |
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| 709 Se 34th Ter | Single Family | 1,300 | B |
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| 730 Se 34th Ter | Single Family | 2,058 | B |
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| 714 Se 35th Ave | Single Family | 1,077 | B |
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| 712 Se 34th Ter | Single Family | 1,300 | B |
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| 807 Se 34th Ter | Single Family | 1,035 | B |
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| 800 Se 34th Ter | Single Family | 1,748 | B |
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| 806 Se 35th Ave | Single Family | 956 | B |
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| 706 Se 35th Ave | Single Family | 1,165 | B |
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| 710 Se 34th Ter | Single Family | 1,920 | B |
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| 705 Se 34th Ter | Single Family | 1,300 | B |
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| 810 Se 34th Ter | Single Family | 1,175 | B |
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| 733 Se 35th Ave | Single Family | 1,220 | C |
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| 719 Se 34th Ave | Single Family | 1,170 | B |
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| 817 Se 34th Ter | Single Family | 1,404 | B |
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| 717 Se 34th Ave | Single Family | 1,300 | B |
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| 727 Se 34th Ave | Single Family | 1,140 | B |
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| 3509 Se 8th St | Single Family | 1,756 | B |
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| 814 Se 35th Ave | Single Family | 1,012 | B |
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| 717 Se 35th Ave | Single Family | 1,319 | B |
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| 735 Se 34th Ave | Single Family | 1,440 | B |
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| 715 Se 34th Ave | Single Family | 1,300 | B |
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| 630 Se 35th Ave | Single Family | 1,150 | B |
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| 818 Se 34th Ter | Single Family | 1,284 | B |
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| 709 Se 35th Ave | Single Family | 1,509 | B |
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| 649 Se 34th Ter | Single Family | 1,504 | B |
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| 807 Se 34th Ave | Single Family | 1,456 | B |
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| 3510 Se 8th St | Single Family | 1,440 | B |
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| 705 Se 34th Ave | Single Family | 1,300 | B |
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| 825 Se 34th Ter | Single Family | 1,035 | B |
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| 822 Se 35th Ave | Single Family | 960 | B |
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| 641 Se 34th Ter | Single Family | 1,836 | B |
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| 701 Se 35th Ave | Single Family | 1,594 | B |
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| 622 Se 35th Ave | Single Family | 995 | C |
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| 815 Se 35th Ave | Single Family | 1,125 | B |
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| 815 Se 34th Ave | Single Family | 1,300 | B |
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| 732 Se 36th Ave | Single Family | 1,425 | C |
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| 726 Se 36th Ave | Single Family | 1,461 | B |
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| 826 Se 34th Ter | Single Family | 1,035 | B |
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| 3523 Se 8th St | Single Family | 974 | C |
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| 828 Se 35th Ave | Single Family | 1,012 | B |
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| 718 Se 36th Ave | Single Family | 1,480 | 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 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
710 Se 34th Ter