tomo logo

$524,900

Beds
3
Baths
2.5
sq ft
2,246

760 SW 89th Ter, Ocala, FL 34481

760 SW 89th Ter

OCALA, FL 34481

  • 2 days on market
Unparalleled Location & Lifestyle! Step into this beautifully situated home just beyond the gates of the World Equestrian Center, where you’ll be surrounded by the charm of Thoroughbred broodmares & their foals as your neighbors. A perfect full time residence or seasonal AIRBNB! This premium lot backs up to Live Oak Stud, offering an unrivaled setting for both privacy & scenic views. The moment you arrive, you’ll be welcomed by a rocking chair front porch & a breathtaking wood-burning, double-sided fireplace that soars to the ceiling, framed by stunning brickwork. The open-concept design, with vaulted ceilings throughout, creates an inviting & spacious atmosphere, perfect for both relaxation & entertaining. The split floor plan ensures privacy, especially in the expansive primary suite, which features French doors to the rear patio, elegant laminate wood floors & an oversized walk-in closet complete with custom built-in storage. Oak wood floors flow throughout the rest of home, adding warmth and character. Designed with comfort & convenience in mind, this home is equipped with a 125-gallon buried propane tank that powers the furnace, water heater, double ovens, and stovetop—ideal for culinary enthusiasts. Recent updates include a new electrical panel in 2023, a whole-home generator plug for peace of mind during power outages, a new well pump and tank in 2024 & the septic pumped in 2024. For ultimate relaxation, step out onto the screened porch and unwind in the hot tub, taking in the serene views of your surroundings. Whether you’re looking for a private retreat or a prime location for Airbnb potential, this property offers the best of both worlds. Come see it for yourself today!

Details

Property type

Single Family Residence

Est. home value

$433,514

Lot size

1.0 acres

Price per sq ft

$234

Year built

1990

Annual property taxes

$1,558.62

Monthly HOA fee

$41.67

Price History

03/14/2025
StellarMLS

StellarMLS #OM697185

Listed
$524,900
+123.36%
01/26/2018
StellarMLS

StellarMLS #OM523303

Sold
$235,000
+4.68%
04/27/2015
StellarMLS

StellarMLS #OM422688

Sold
$224,500

Schools & Community

Elementary school: 

College Park Elementary School

Middle school: 

Liberty Middle School

High school: 

West Port High School

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$419,341
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$63,567
Cash to seller
$419,341

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$93,150

Est. remaining balance

$63,567

Interest rate

2.17%

Loan type

New Conventional, 10 year

Seller

Pamela Reo and Philip Reo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/16/2025 at 4:05 PM

Listing updated: 03/15/2025 at 6:58 AM

Listed by: Nichole Roberts, ALL FLORIDA HOMES REALTY LLC Phone #: (352) 789-5083

MLS: StellarMLS #OM697185

StellarMLS logo

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