9375 Se 137th Street Rd, Summerfield
Marion County Real Estate - Summerfield
Summerfield is in North Central Florida. Summerfield is approximately 14 miles from Ocala (population 56,315) and around 6 miles from The Villages (population 51,442).
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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 | |
|---|---|---|---|---|
| 9389 Se 137th Street Rd | Single Family | 2,447 | B |
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| 9361 Se 137th Street Rd | Single Family | 2,811 | B |
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| 9347 Se 137th Street Rd | Single Family | 1,870 | B |
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| 9399 Se 137th Street Rd | Single Family | 2,120 | B |
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| 9378 Se 137th Street Rd | Single Family | 1,958 | B |
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| 9364 Se 137th Street Rd | Single Family | 2,126 | B |
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| 9390 Se 137th Street Rd | Single Family | 1,958 | B |
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| 9333 Se 137th Street Rd | Single Family | 1,958 | B |
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| 9411 Se 137th Street Rd | Single Family | 2,120 | B |
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| 9410 Se 137th Street Rd | Single Family | 2,126 | B |
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| 13810 Se 93rd Cir | Single Family | 1,720 | B |
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| 13833 Se 93rd Cir | Single Family | 1,575 | B |
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| 13829 Se 93rd Cir | Single Family | 1,346 | B |
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| 13837 Se 93rd Cir | Single Family | 1,575 | B |
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| 13814 Se 93rd Cir | Single Family | 1,958 | B |
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| 9319 Se 137th Street Rd | Single Family | 2,811 | B |
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| 9423 Se 137th Street Rd | Single Family | 1,870 | B |
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| 13841 Se 93rd Cir | Single Family | 1,460 | B |
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| 9434 Se 137th Street Rd | Single Family | 1,870 | B |
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| 13805 Se 93rd Ave | Single Family | 1,346 | B |
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| 13818 Se 93rd Cir | Single Family | 1,958 | B |
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| 13815 Se 93rd Ave | Single Family | 1,684 | B |
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| 13845 Se 93rd Cir | Single Family | 1,958 | B |
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| 9305 Se 137th Street Rd | Single Family | 1,958 | B |
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| 9435 Se 137th Street Rd | Single Family | 1,870 | B |
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| 13825 Se 93rd Ave | Single Family | 1,718 | B |
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| 13822 Se 93rd Cir | Single Family | 1,575 | B |
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| 13861 Se 94th Ave | Single Family | 1,348 | B |
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| 13860 Se 94th Ave | Single Family | 1,720 | B |
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| 9450 Se 137th Street Rd | Single Family | 1,958 | B |
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| 9295 Se 137th Street Rd | Single Family | 1,958 | B |
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| 13864 Se 94th Ct | Single Family | 1,346 | B |
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| 9447 Se 137th Street Rd | Single Family | 1,752 | B |
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| 13835 Se 93rd Ave | Single Family | 1,725 | B |
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| 13867 Se 94th Ave | Single Family | 1,575 | 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 97 of all properties in this area. This suggests it would appeal to someone earning around $173,566 per year who should qualify for a mortgage between $347,132 and $433,915.
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 97 of all properties in this area. This corresponds to a rent of $1,537 per month and a monthly household income of $4,963 ($59,556 per year)
Nearby Companies
13860 Se 94th Ave