7137 & 7141 S Magnolia AVENUE, Ocala, FL, 34476 | $2,400,000

Not one but two houses in a peaceful area. This elegant estate sits on just over 8 acres of bliss, nestled amidst other thriving farms! Located off 475 minutes to Florida Horse Park, Nearby Riding Trails and Minutes to Downtown Ocala for restaurants, medical and shopping options and the world-renowned World Equestrian Center can be reached in less than 20 minutes! The cape cod style home is an immediate eye-catcher and fully customized. Welcoming you in, the main home offers a total of 4-bedrooms and 3-baths with 3423 living sq. ft. of space. The interiors showcase abundant natural light, soaring cathedral ceilings, and stunning views of the outdoors throughout the home. A recently updated kitchen with quartz counters, new appliances, Roof 2023. Home features a gas fireplace in the living room, formal dining area, a separate sitting room to use as a flex space how you see fit, eat in kitchen - amazing porches to enjoy the views throughout. The second home offers 4 BR/2 BA parallels the magnificence of the main home and features 2262 living square feet of open concept to include a pool, a garage, and an executive office. This home would beautifully accommodate your extended family, guests, or tenant. Featuring an upgraded kitchen with quartz counters, master suite provides a spa like feel with the newly remodeled master bathroom. Things you'll enjoy there include separate sitting room/flex space to utilize as you see fit. Roof 2021 & New UV light for water purification. Outdoors is completely fenced with a 2-stall barn, tack room, feed area, storage, and/or workshop. Both homes have brand new water softeners. This is the opportunity of a lifetime to live in one of the most desired areas of Ocala close to everything and yet private and tranquil. Each corner of this exquisite abode is designed to provide comfort, style, and a tranquil escape from the outside world. Experience the ultimate blend of serenity, luxury, and natural beauty. Make this exceptional property your own and live a life of tranquility and indulgence.

Features

  • Rooms: 3
  • Bedrooms: 8
  • Baths: 5 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Cape Cod, Florida
  • Year Built: 2000
  • Garage: 4-car Driveway, Garage Faces Rear
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,685
  • Acreage: 8.12
  • Est. Taxes: $3,709
  • Lot Desc: Farm, Level, Pasture, Zoned for Horses
  • View: Park/Greenbelt, Trees/Woods
  • Pool: Gunite, In Ground
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: OM683327
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/OM683327/7137and7141smagnoliaavenue_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 9/21/2024 7:17:31 PM)
Listing courtesy of Royal Shell Real Estate, Inc.   Phone: 352-369-6969

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7137 & 7141 S Magnolia AVENUE, Ocala, FL, 34476

$2,400,000

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 $1,920,000 $1,920,000 $1,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $309 $309 $309
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,666 $11,666 $16,202
Total Monthly Payment $12,100 $12,100 $16,636

* 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.