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8375 Northwest 70th Avenue

$4.85M Sale Of 10-Acre Luxury Property In Golden Ocala With Heated Pool
SOLDSingle Family

$4.85M Sale Of 10-Acre Luxury Property In Golden Ocala With Heated Pool

8375 Northwest 70th Avenue

$4,850,000

$1,369/SF

Building Size

3,541 SF

Asset Type

Single Family

Closing

Mar 22, 2024

AI

A 10-acre property in Golden Ocala Golf and Equestrian Club, located at 8375 NW Hwy 225A in Ocala, has been sold for $4,850,000. The property includes a newly constructed 5,500-square-foot home with high-end appliances, custom gates, an asphalt driveway, and a home generator. It offers luxurious living in a serene setting, boasting amenities such as a heated saltwater pool and an irrigated riding arena.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,850,000
  • Square Footage: 3,541
  • Price Per Square Foot: $1,370
  • Address: 8375 Northwest Highway 225A
  • Market: Ocala

The sale of the property at 8375 NW Hwy 225A was facilitated by Ashley Dibartolomeo from Royal Shell Real Estate, representing the transaction. The deal involved a prestigious 10-acre estate within the Golden Ocala Golf and Equestrian Club. The property offers a blend of upscale living and recreational amenities, making it an attractive acquisition within the Ocala market.

Players

Ashley Di Bartolomeo

Royal Shell Real Estate

Broker

$4.9M

vol

1 deal

Broker

Ocala Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.27%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93