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).

Summerfield 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 
16902 Se 88th Crestbrook Ct Single Family 2,005 B
16910 Se 88th Crestbrook Ct Single Family 2,059 B
16915 Se 88th Velerst Ave Single Family 2,307 B
8810 Se 169th Beaufort St Single Family 1,919 B
16925 Se 88th Velerst Ave Single Family 2,726 B
16911 Se 88th Crestbrook Ct Single Family 1,946 B
16903 Se 88th Crestbrook Ct Single Family 1,957 B
16907 Se 88th Crestbrook Ct Single Family 2,027 B
16920 Se 88th Velerst Ave Single Family 2,478 B
8815 Se 169th Beaufort St Single Family 1,919 B
8821 Se 169th Beaufort St Single Family 1,518 B
8801 Se 169th Beaufort St Single Family 1,483 B
8811 Se 169th Beaufort St Single Family 1,942 B
8805 Se 169th Beaufort St Single Family 1,862 B
8829 Se 169th Beaufort St Single Family 1,854 B
8809 Se 169th Beaufort St Single Family 1,832 B
16908 Se 88th Trumbull Ter Single Family 1,961 B
16910 Se 88th Velerst Ave Single Family 2,116 B
16900 Se 88th Velerst Ave Single Family 1,902 B
8835 Se 169th Beaufort St Single Family 1,404 B
16904 Se 88th Trumbull Ter Single Family 1,919 B
16912 Se 88th Trumball Ter Single Family 2,365 A
8839 Se 169th Beaufort St Single Family 1,404 B
8860 Se 168th Sedgwick Pl Single Family 1,314 B
8850 Se 168th Sedgwick Pl Single Family 1,415 B
8870 Se 168th Sedgwick Pl Single Family 1,415 B
8845 Se 169th Beaufort St Single Family 1,919 B
8880 Se 168th Sedgwick Pl Single Family 1,475 B
8681 Se 168th Kittredge Loop Single Family 1,892 B
8689 Se 168th Kittredge Loop Single Family 1,919 B
8840 Se 168th Sedgwick Pl Single Family 1,580 B
8697 Se 168th Kittredge Loop Single Family 1,584 B
8673 Se 168th Kittredge Loop Single Family 1,928 B
16913 Se 88th Trumbull Ter Single Family 1,919 B
8890 Se 168th Sedgwick Pl Single Family 1,580 B
8705 Se 168th Kittredge Loop Single Family 1,896 B
8830 Se 168th Sedgwick Pl Single Family 1,415 B
8849 Se 169th Beaufort St Single Family 1,854 B
8900 Se 168th Sedgwick Pl Single Family 1,483 B
8713 Se 168th Kittredge Loop Single Family 1,504 B
16905 Se 88th Trumbull Ter Single Family 2,036 B

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 93 of all properties in this area. This suggests it would appeal to someone earning around $124,444 per year who should qualify for a mortgage between $248,888 and $311,110.

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 93 of all properties in this area. This corresponds to a rent of $1,356 per month and a monthly household income of $4,248 ($50,976 per year)

Nearby Companies

Royal Crown Investments, LLC
16906 Se 88th Crestbrook Ct
Raf Management Group, LLC
16906 Se 88th Crestbrook Ct
R M Shoemaker & Associates, LLC
8811 S E 169th Beaufort St
Disclaimers and Disclosures

Public Records Data

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