8901 NW 137TH AVENUE, Morriston, FL, 32668 | $650,000

With huge income potential and a convenient location just 0. 1 miles from HITS and a short drive from the World Equestrian Center, this beautifully maintained mini farm is purpose-built for equestrians looking to get the most out of Ocala’s Horse Country. Fenced and gated, the property features 3 acres that has been designed for ease of use by and for equestrians, all gently shaded by mature oaks. The 10-stall shedrow-style barn is thoughtfully outfitted with spacious feed and tack rooms, a covered wash rack, and a full bathroom and utility station complete with a refrigerator, microwave, and washer. Each stall is paired with its own paddock, while two covered grooming stalls and a tack room-adjacent lounge area provide added convenience and comfort for both horses and riders. A 100' x 175' arena is outfitted with clay fiber footing, providing plenty of space for training year-round. Those looking to accommodate long-term or seasonal renters will appreciate the four 50-amp RV hookups, each equipped with water, electric, and septic connections. A 24' x 16' equipment shed adds secure storage options for farm tools, large equipment, or tenant use. At the heart of the property sits a recently renovated 3-bedroom, 2-bathroom cottage offering approximately 1, 080 square feet of light-filled living space. The open-concept great room flows effortlessly from the living area to the modern kitchen with stainless steel appliances, a breakfast bar, and a pantry. A convenient laundry area with a stacked washer and dryer sits just off the kitchen for everyday ease. The primary suite boasts a walk-in closet and a private en-suite bathroom with glass-door shower and generous counter space. For moments of rest and relaxation, a screen-enclosed patio with ceiling fans overlooks one of the nearby paddocks—perfect for quiet evenings after a full day in the barn. With a new roof installed in late 2020, this property offers peace of mind and immediate functionality, ready for horses, riders, and the season ahead!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Cottage
  • Year Built: 1998
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,080
  • Acreage: 3
  • Est. Taxes: $3,386
  • Lot Desc: Farm, Landscaped, Level, Pasture, Unincorporated, Zoned for Horses
  • View: Trees/Woods
  • Elem. School: Romeo Elementary School
  • Middle School: Dunnellon Middle School
  • High School: North Marion High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • MLS#: OM706556
  • Days on Market: 102 days
  • Website: https://www.raveis.com
    /prop/OM706556/8901nw137thavenue_morriston_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 2/7/2026 6:58:43 AM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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8901 NW 137TH AVENUE, Morriston, FL, 32668

$650,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.178% 5.541%
Monthly Tax Payment $282 $282 $282
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,871 $3,118 $4,180
Total Monthly Payment $3,245 $3,492 $4,554

* 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.