1080 NW 114th STREET, Ocala, FL, 34475 | $2,500,000

High and dry amongst established horse farms in Ocala’s northern region, this spacious 25. 98 acre farm offers a versatile option for active equestrians. Perimeter fenced and gated, the farm has been carefully designed for ease of use. A picturesque tree-lined drive passes multiple paddocks as it leads towards the heart of the property. A total of 10 paddocks are in place, each featuring gentle shade from mature trees and autowaterers for added ease of care. An additional round pen is also established, adding additional options for training. Two barns, both of which offer a concrete block construction and center aisle design, offer a combined total of 30 stalls with a feed room, tack room, fly spray system, and a large, covered wash rack area with multiple spaces. Both barns come with their own private barn apartments, which provide additional options for farm managers or seasonal rental opportunities. A larger two-story barn apartment is attached to the larger barn and includes a full kitchen, a large living/dining room combo, and upper loft with a large bedroom, full bathroom, and private balcony. The smaller barn includes an apartment with multiple bedrooms and a fully equipped eat-in kitchen, living room, and potential office space. For additional guest options, the property also features RV hookup and storage space. Surrounded by tasteful landscaping towards the back of the property is the main residence, which offers a total of 3-bedrooms and 2-baths and totals over 2, 500 sq. ft. of space. Light and bright, the home features large windows to take advantage of the surrounding views, cathedral ceilings, and tile flooring throughout the main spaces. The kitchen is well appointed with ample cabinet and counter space, stainless steel appliances, additional pantry, and breakfast bar. Adjacent to the kitchen is the dining area, which features large bay windows with a built-in bench style seat. The living room is incredibly inviting and spacious, directly open to the Florida Room which offers direct access to the pool area. While all bedrooms are comfortable, the primary suite is especially notable with a large layout, private access to the pool, two large walk-in closets, and a private en-suite with glass-door shower, garden tub, and dual vanities. Those who enjoy hosting will love the screen-enclosed pool area, which features an expansive pool deck with covered area for seating and gorgeous views of the back portion of the farm. This unique farm has a convenient location near US Route 301 and 441, making it a breeze to explore either Ocala or Gainesville’s many shopping, dining, event, and medical options. A prime option for equestrians looking for their place in the Horse Capital of the World®– don’t miss the chance to make this versatile property your own!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Traditional
  • Year Built: 2001
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,571
  • Acreage: 25.98
  • Est. Taxes: $7,209
  • HOA Fee: $50 Annually
  • Lot Desc: Cleared, In County, Pasture, Zoned for Horses
  • Elem. School: Anthony Elementary School
  • Middle School: North Marion Middle School
  • High School: North Marion High School
  • Pool: Deck, Gunite, Heated, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • MLS#: OM666722
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /eprop/OM666722/1080nw114thstreet_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/21/2024 8:17:10 PM)
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NMLS Mortgage Loan Originator ID 16953

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1080 NW 114th STREET, Ocala, FL, 34475

$2,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.002% 6.956%
Monthly Tax Payment $601 $601 $601
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,474 $13,139 $17,698
Total Monthly Payment $14,200 $13,865 $18,424

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.