$362,500
SOLD JAN 29, 2025
3 Beds
2 Baths
2,077 Sq Ft
12.16 Acres

Recently Sold

$175 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Guest House
  • No HOA
  • Eat-In Kitchen
  • 12.16 Acre Lot
  • Separate Outdoor Workshop
  • Closet Cabinetry

About This Home

As of January 2025

Here's a great investment if you're looking for a farm in Marion County. Its hard to find a 12 acre parcel this close to the World Equestrian Center. Currently cleanly wooded and completely perimeter fenced this property offers an opportunity for someone with a vision of how it will look once the trees are cleared and planted with lush pasture. Clear as much or as little as you want, keeping some of the woods for trails and shade. This area is high and dry with great soil making planting pasture easy for growing. The property is set back off the main road and has a charming older 2/1 cabin style home with concrete block exterior. Featuring a screened in front porch and a back florida room with complete window views of the back of the property. There are several outbuildings including a 1/1 guest cottage, 2 other buildings that could be additional living or storage space, and a small workshop. With no deed restrictions and agricultural zoning, possibilities are endless for rental income or an Airbnb. Weather you're envisioning a beautiful farm, an income producing investment, or just a hunting cabin in the woods this property is waiting for you to bring it life. Close to all amenities, shopping, restaurants, Rainbow River, and WEC.

Last Agent to Sell the Property

Heather Mangus

PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3416157 Listed on: 01/11/2025

Last Buyer's Agent

Heather Mangus

PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3416157 Listed on: 01/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1957

Lot Details

  • 12.16 Acre Lot
  • West Facing Home
  • Property is zoned A1

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,077 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • 2 Septic Tanks

Community Details

  • No Home Owners Association
  • Florida Tung Oil Grvs Inc Deve Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2077
  • Lot Size Acres: 12.16
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2077
  • Lot Size Sq Ft: 529690
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 192.96
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave Ste 102
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 174.53
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • AG Exemption YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bedroom
  • Attribution Contact: 352-629-4505
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Window Treatments
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 192.96

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House, Shed(s), Storage, Workshop
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 17344-000-00
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1924.69
  • Tax Block: NA
  • Tax Book Number: NA
  • Tax Lot: 8

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2025 01/29/25 Sold $362,500 -3.3% $175 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/11/2025 01/11/25 For Sale $375,000 -- $181 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM692641

Stellar MLS