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

Property Image
SOLD
$4,850,000

Florida

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Single Family3,541 SF
Sold 03/22/2024
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Property Image
SOLD

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

8375 Northwest 70th Avenue

See Similar Deals
Single Family3,541 SF
Sold 03/22/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,369
Total Square Footage:3,541 SF
Transaction Type:Sale

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
Ashley Di Bartolomeo
1 deal$4.9M volume(352) 299-0600
BROKER

Details

SOLD
IMAGE: 03/22/2024 ADDRESS: 8375 Northwest Highway 225A MARKET: Ocala ASSET TYPE: Single Family ~ ACRES: 10 BROKER: Ashley Dibartolomeo - Royal Shell Real Estate SALE PRICE: $4,850,000 SF: 3,541 ~ PPSF: $1,370 NOTE: A 10-acre property in Golden Ocala Golf and Equestrian Club, boasting amenities like a heated saltwater pool and irrigated riding arena, has recently changed hands for nearly $5 million, as per Marion County Property records. Located at 8375 NW Hwy 225A, the property features a newly constructed 5,500-square-foot home with high-end appliances, custom gates, an asphalt driveway, and a home generator, offering luxurious living in a serene setting.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$258,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,231.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,991.47
Annual Debt Service$275,897.69