2 months on rocket

5198 SW 140th Ave, Ocala, FL, 34481

$1,750,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,298 SqFt
$762/SqFt
House

Location

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5198 SW 140th Ave, Ocala$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, RV Carport, RV Parking
Attached Garage2 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #OM686895
Lot Size21.87 Acres
StatusActive

About 5198 SW 140th Ave

Embrace the Equestrian lifestyle that Ocala, FL is so well known for on this immaculate 21.87 acre, tree studded estate! A 1/2 mile, private, paved and gated drive leads to this beautiful farm located less than 10 minutes to The World Equestrian Center, a short drive to HITS Ocala and top golf clubs such as Golden Ocala and Juliette Falls. The owners have lovingly updated this 2200+ sq. ft., 3 bed, 2 bath + Den home with a full remodel of kitchen, bathrooms and flooring, creating a seamless flow from kitchen to living space. Enjoy the climate controlled lanai with floor to ceiling windows and enjoy sunsets over the nearby Thoroughbred farm to the West. The thoughtful remodel of the house is just a small portion of what makes this property special. Your Equine friends will enjoy serenity in the cottage style barn that has been lovingly improved with an automatic fly spray system, spacious, matted stalls, (5 12'x12' and one foaling stall 12' x 24'), large feed room, wash rack and an attached apartment that can be used for staff or guests. A fenced, regulation dressage grass ring awaits just a few steps from the barn, and the 8th paddock can double as a fabulous jump field. The rolling 21+ acres are cross fenced with 8 paddocks for year round green-grass grazing all with water lines for convenient auto waterers! Invite your friends for the winter with two 50-amp RV hookups, a full farm generator, and plenty of room for entertainment, including a plumbed gas grill! This is a truly move-in and start -living home! Shown by Appointment Only. Horses and dogs on site.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2002
  • Stories: 1
  • Living Area: 2,298 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA, LLC
  • Listing Agent: Lucinda Striker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Garden
  • Exterior: Dog Run, French Doors, Private Mailbox, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, RV Carport, RV Parking

Virtual/3D Tour

  • Virtual Tour: 5198 SW 140th Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Farm, Flag Lot, Landscaped, Oversized Lot, Pasture, Private, Paved
  • Lot Size: 21.87 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Ocala, head west on HWY 40 towards Dunnellon. Turn Left on SW 140th Ave. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $762/SqFt

Tax Information:

  • Annual Amount: $2,674
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$284.2K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

451

5198 SW 140th Ave vs Ocala

77 DAYS ON ROCKET

+12 Days

$1,750,000

+$1.4M More

$762/SqFt

+$588 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $588/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM686895

Listing Office:

  • Office Name: COMPASS FLORIDA, LLC
  • Listing Agent: Lucinda Striker

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2019Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,674$187,838
2018$2,399$168,048
2017$2,344$163,821

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4476190
4
/10

  • Romeo Elementary School

  • 19550 SW 36th St

  • 5.49 miles

  • Public District Grades PK-5

school-card-donut-4476191
5
/10

  • Dunnellon Elementary School

  • 10235 SW 180th Avenue Rd

  • 5.58 miles

  • Public District Grades PK-5

school-card-donut-4476192
6
/10

  • Saddlewood Elementary School

  • 3700 SW 43rd Ct

  • 9.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,502. The majority of Ocala, FL residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Ocala, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Ocala, FL.

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

What is it like to live in Ocala, FL?

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Is it easy to get around Ocala, FL without a car?

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

Transportation in Ocala, FL.

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

Frequently Asked Questions About 5198 SW 140th Ave

What is the listing price of this property?

The listing price of 5198 SW 140th Ave property is $1,750,000.

What type of property is this?

The property 5198 SW 140th Ave is a house located in Ocala, Florida, 34481.

Is this property for sale now?

Active Listing: 5198 SW 140th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,674 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2019 for $485,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5198 SW 140th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5198 SW 140th Ave is 2,298 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5198 SW 140th Ave is 2002.

Rocket Homes›Florida›Marion County›Ocala›34481›5198 SW 140th Ave

This home is located at 5198 SW 140th Ave in Ocala, FL and zip code 34481. This 2,298 square foot home, which was built in 2002, sits on a 21.87 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,750,000.

While more than 49 listings in Ocala, FL in November 2024 were sold above asking price, there were more than 146 listings sold at asking price, and more than 256 were sold below. Between October 2024 and November 2024, Ocala, FL real estate market has seen increase in the number of listings by 1.2%. Listings spent 65 days on the market in November 2024, and had a median list price of $284,242 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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