7520 Se 112th Ln, Belleview
Marion County Real Estate - Belleview
Belleview is in North Central Florida. It's population as recorded in the 2010 Census was 4,492. Belleview is approximately 10 miles from Ocala (population 56,315) and around 10 miles from The Villages (population 51,442).
The median age for residents of Belleview is 41.4. Around 28.3% of Belleview households include school aged children and 35% of households include individuals aged 65 years or over. Census records indicate 86.8% of the Belleview population are White, 6.1% are Black or African American, .4% American Indian, 1.1% Asian and 2.2% are Two or more Races.
There are 2,324 housing units in Belleview. 396 (17%) of these were reported as vacant in the 2010 Census. There are 900 residential rental units in Belleview. 757 of them were occupied in 2010 providing a residential rental vacancy rate of 15.7%.
Belleview 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 | |
|---|---|---|---|---|
| 7500 Se 112th Ln | Single Family | 1,321 | B |
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| 7540 Se 112th Ln | Single Family | 1,770 | B |
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| 11325 Se 74th Ter | Single Family | 1,513 | B |
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| 7515 Se 112th Ln | Single Family | 1,256 | B |
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| 7525 Se 112th Ln | Single Family | 1,386 | B |
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| 7480 Se 112th Ln | Single Family | 1,604 | B |
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| 7535 Se 112th Ln | Single Family | 1,254 | B |
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| 11320 Se 75th Ct | Single Family | 1,110 | B |
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| 11320 Se 74th Ter | Single Family | 1,256 | B |
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| 11305 Se 75th Ct | Single Family | 1,216 | B |
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| 11330 Se 74th Ter | Single Family | 1,256 | B |
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| 7460 Se 112th Ln | Single Family | 2,080 | B |
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| 11340 Se 75th Ct | Single Family | 1,104 | B |
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| 11325 Se 75th Ct | Single Family | 1,272 | B |
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| 11340 Se 74th Ter | Single Family | 1,624 | B |
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| 7500 Se Hwy 25 | Mobile Home | 500 | C |
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| 7520 Se Hwy 25 | Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 1,770 | C |
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| 7455 Se 112th Ln | Single Family | 1,314 | B |
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| 11260 Se 76th Ave | Utility | 0 | L | |
| 11315 Se 74th Ave | Single Family | 1,256 | B |
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| 11345 Se 75th Ct | Single Family | 1,272 | B |
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| 7440 Se 112th Ln | Single Family | 1,276 | B |
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| 11300 Se 76th Ave | Single Family | 1,176 | B |
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| 11370 Se 75th Ct | Single Family | 1,104 | B |
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| 11335 Se 74th Ave | Single Family | 1,604 | B |
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| 7488 E Hwy 25 | Vacant Residential | 0 | L | |
| 7590 E Hwy 25 | Community Shopping Center | 2,604 | B |
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| 11320 Se 76th Ave | Single Family | 1,092 | B |
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| 7445 Se 112th Ln | Single Family | 1,391 | B |
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Local Household Income
The median household income in this part of Florida is $47,461. The bottom 10% of the population earn less than $17,218 per year. The top 10% earn more than $107,570 per year. The top 1% earn more than $332,268 per year. Most renters earn between $22,872 (20th percentile) and $40,056 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,922 and $118,653.
The tax assessed value of this property places it in percentile 49 of all properties in this area. This suggests it would appeal to someone earning around $46,650 per year who should qualify for a mortgage between $93,300 and $116,625.
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 $819. Most renters earn between $1,906 and $3,338 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $592 (20th percentile) to $1,056 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 49 of all properties in this area. This corresponds to a rent of $816 per month and a monthly household income of $2,623 ($31,476 per year)
Nearby Companies
10805 Southeast County Highway C-25