facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

730 Southwest 87th Place

Matt Varney Of Ocala Horse Properties Represents Buyer In $2M Ocala Estate Sale
SOLDSingle Family

Matt Varney Of Ocala Horse Properties Represents Buyer In $2M Ocala Estate Sale

730 Southwest 87th Place

$2,000,000

$605/SF

Building Size

3,303 SF

Asset Type

Single Family

Closing

Jun 7, 2024

AI

An expansive 10-acre equestrian estate in southwest Ocala, boasting a gated entrance, guest bungalow, luxurious pool, and outdoor kitchen, recently sold for $2 million on June 7 at 730 SW 87th Place in Ocala. The property features a 3,303-square-foot main home with 3 bedrooms, 2.5 bathrooms, crown molding, cathedral ceilings, a fireplace, upgraded kitchen with high-end appliances, and a spacious backyard with a pool and summer kitchen area.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,000,000
  • Area: 10 acres
  • Price per Square Foot: $606
  • Market: Ocala
  • Address: 730 Southwest 87th Place

The buyer's representative for this transaction was Matt Varney from Ocala Horse Properties, while the seller was represented by Erica Jacobs and Jolinda Fisher from Re/Max Premier Realty.

Players

Matt Varney

Broker

$6.4M

vol

2 deals

Broker

Ocala Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93