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5900 S MAGNOLIA AVENUE, Ocala, FL, 34471 | $649,998
(INTERIOR/AERIAL/EXTERIOR PICTURES WILL BE UPDATED SOON) Nestled on 3. 04 acres in the desirable SE Ocala area, this versatile agricultural property offers the perfect blend of space, functionality, and opportunity. Zoned A-1, the property is ideal for those looking to create a mini farm, bring animals, or enjoy the freedom of country living with no HOA restrictions.
The main residence features 3 bedrooms and 2 bathrooms, complemented by an attached 1 bedroom, 1 bathroom in-law suite with its own kitchen and private living space. This flexible layout is perfect for multi-generational living, guest accommodations, or potential rental income.
With a total of 2, 966 square feet, the home provides ample room to live comfortably while enjoying the privacy and openness that acreage living offers. Built in 1994, the property has undergone extensive updates since 2021, including a new roof (2021), updated well system, oversized drain field, new A/C unit (2025), fresh interior and exterior paint, stucco exterior, and full landscaping. Interior improvements include LVP flooring throughout most of the main home, an updated kitchen with granite countertops, new sink, faucet, glass backsplash, and hardware, along with upgraded bathrooms featuring new cabinetry, fixtures, and finishes. Additional enhancements include new appliances, lighting, exterior doors, and a block wall courtyard separating the main home and in-law suite.
Surrounded by larger parcels under common ownership, the property offers added privacy and a peaceful setting. Conveniently located approximately 25 minutes from the World Equestrian Center and HITS Ocala, this property is well-positioned for equestrian enthusiasts or those seeking proximity to Ocala’s premier horse venues.
Whether you are looking to establish a mini farm, invest in an income-producing setup, or simply enjoy the benefits of rural living with close access to town, this property offers exceptional potential.
Furniture and equipment may be available separately.
Features
- Rooms: 6
- Bedrooms: 4
- Baths: 3 full
- Laundry: Laundry Closet, Laundry Room
- Style: Custom
- Year Built: 1994
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,500
- Acreage: 3.04
- Est. Taxes: $3,766
- Lot Desc: Pasture, Private
- Elem. School: Shady Hill Elementary School
- Middle School: Liberty Middle School
- High School: West Port High School
- Appliances: Convection Oven, Dryer, Microwave, Refrigerator, Washer
- MLS#: OM723868
- Days on Market: 6 days
- Website: https://www.raveis.com
/prop/OM723868/5900smagnoliaavenue_ocala_fl?source=qrflyer
Listing courtesy of CENTRAL CITY REALTY Phone: 352-456-1941
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5900 S MAGNOLIA AVENUE, Ocala, FL, 34471
$649,998
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,998 | $519,998 | $519,998 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | $314 | $314 | $314 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,035 | $3,202 | $4,214 |
| Total Monthly Payment | $3,441 | $3,608 | $4,620 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388