10 months on rocket

7600 S Magnolia Ave, Ocala, FL, 34476

$1,075,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,802 SqFt
$224/SqFt
House

Location

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7600 S Magnolia Ave, Ocala$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1981
HeatingHeat Pump
CoolingCentral Air
Private PoolYes
MLS #OM672805
Lot Size11.95 Acres
StatusActive

About 7600 S Magnolia Ave

Back on the market due to change in Buyer's circumstances. Still time before the holidays to call this home - it's the epitome of luxury living in this one-of-a-kind, meticulously remodeled 4,802 sq. ft. home! Set within a serene 11.95-acre sanctuary, a private driveway, surrounded by majestic trees, leads you to a move-in-ready haven designed for both grand gatherings and everyday comfort. The spacious eat-in kitchen boasts brand new appliances, abundant cabinets, and stunning quartz countertops. Enjoy cozy evenings by the fireplace in the sunken living room or large gatherings in the expansive 900+ sq. ft. great room, with a stunning fireplace and seamless access to the pool area for ultimate relaxation and entertainment. Each of the four oversized bedrooms provides ample closet space, with the master suite featuring a generous walk-in closet and a luxurious ensuite bathroom with dual vanities and a large shower. The private office, complete with floor-to-ceiling bookshelves, offers an elegant space for work or study. The two-car garage includes a roomy storage area or workshop, with convenient access to the spacious backyard. The private backyard connects to a large, fully cleared paddock with water access and perimeter fencing - perfect for your four-legged family members. Located less than 4 miles to Florida Horse Park and 14 miles to the World Equestrian Center, this estate is a short drive to hundreds of miles of trails. Embrace the perfect blend of luxury, privacy, and convenience, with proximity to Downtown, I-75, restaurants, and shopping. Recent upgrades include a new roof and windows in 2022, a new HVAC and irrigation system in 2023, and a new hot water tank in 2024. Don't miss the chance to make this exceptional property your new home in the “Horse Capital of the World”!

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Living Area: 4,802 SqFt

Listing Office:

  • Office Name: EVM TOTAL REAL ESTATE SOLUTION
  • Office Phone: (352) 421-3314
  • Listing Agent: Debra Bernardo

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Flooring Type: Luxury Vinyl
  • Interior: Attic Fan, Ceiling Fans(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Irrigation System, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 7600 S Magnolia Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 11.95 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From downtown area, travel south on 475, take right down private driveway, home at the end of the drive. If using GPS, use 7660 S Magnolia for the address - it will take you directly to the shared private drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $9,897
  • 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

7600 S Magnolia Ave vs Ocala

308 DAYS ON ROCKET

+243 Days

$1,075,000

+$790.7K More

$224/SqFt

+$50 More

KEY TAKEAWAY

This property is $790.7K more than the Median Sold Price and $50/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: #OM672805

Listing Office:

  • Office Name: EVM TOTAL REAL ESTATE SOLUTION
  • Office Phone: (352) 421-3314
  • Listing Agent: Debra Bernardo

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, 7:19:50 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

Jun 10, 2016Home Sold
$315,000
Jun 10, 2016Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,897$580,972
2018$8,796$527,361
2017$7,834$479,419

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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-4436961
6
/10

  • Shady Hill Elementary School

  • 5959 S Magnolia Ave

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-4436962
4
/10

  • South Ocala Elementary School

  • 1430 SE 24th Rd

  • 3.61 miles

  • Public District Grades PK-5

school-card-donut-4436963
7
/10

  • Hammett Bowen Junior Elementary School

  • 4397 SW 95th St

  • 3.80 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 $59,375. Typical income of Ocala, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Ocala, FL convenient?

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.

How do Ocala, FL residents get around?

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 7600 S Magnolia Ave

What is the listing price of this property?

The listing price of 7600 S Magnolia Ave property is $1,075,000.

What type of property is this?

The property 7600 S Magnolia Ave is a house located in Ocala, Florida, 34476.

Is this property for sale now?

Active Listing: 7600 S Magnolia 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 $9,897 (source: MLS/based on county public records data).

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

The last sale was on June 10, 2016 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7600 S Magnolia Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7600 S Magnolia Ave is 4,802 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7600 S Magnolia Ave is 1981.

Rocket Homes›Florida›Marion County›Ocala›34476›7600 S Magnolia Ave

This home is located at 7600 S Magnolia Ave in Ocala, FL and zip code 34476. This 4,802 square foot home, which was built in 1981, sits on a 11.95 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,075,000.

In November 2024 more than 49 listings in Ocala, FL were sold above the asking price. During the same period more than 146 listings were sold at asking price, while more than 256 were sold below. The inventory of homes for sale in Ocala, FL between October 2024 and November 2024 increased 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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