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Remodeled Horse Property with Barn
For Sale
$885,000
Pending

8505 NW 118TH TERRACE, Ocala, FL 34482

Remodeled residence includes a center-aisle barn, fenced pastures, and a gated drive.

Property Size2,977 SF
Days on Market737

Property Features for 8505 NW 118TH TERRACE

General Information

Standard status Pending
Size 2,977 SF
Property subtype Farm

Taxes and HOA fees

Annual Taxes $3,979

Building Details

Year Built 1986
Listing Agency: THE KESWICK GROUP LLC
Listed By: Katharine Snider · License #3238881
Source: Exitrealty
Added: Aug 30, 2024 Changed: Sep 2 Last Checked: Sep 4 at 12:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE KESWICK GROUP LLC

Investment Insights

Based on property information with market context.

Set on over 3 acres in the Timberlake community, this equestrian property combines a remodeled residence with practical horse facilities. The home was updated in 2016–2017 and offers three bedrooms, two and a half baths, two fireplaces, updated appliances, a modified open layout, substantial storage, and a second-floor deck overlooking the rear grounds and barn. A 2017 metal roof and 12K house generator with an owned 250-gallon propane tank are also included.

The equestrian improvements include a 3-stall center-aisle barn with a dedicated tack and feed room, three fenced and cross-fenced pastures, a no-climb perimeter fence, and a secure backyard. The property is on a paved cul-de-sac, carries no HOA, and is outside a flood zone. Community riding trails and riding areas are available, while WEC, HITS, shopping, restaurants, feed stores, Interstate 75, Ocala, Gainesville, and Williston are accessible from the property.

Key Highlights

  • Over 3 acres of high‑and‑dry land in a non‑flood zone
  • 3‑stall center‑aisle barn with a large tack and feed room
  • Three fenced and cross‑fenced pastures with a no‑climb perimeter fence

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Electrical Service Auto Parts Store Real Estate Agency Computer & Electronic Repair Tech Support Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 34482, FL

23,565
Population
9,553
Households
2.5
Avg Household Size
48
Median Age
22%
College-Educated
85%
High-School Grad
93.0 sq mi
ZIP Area
253
Density / Sq Mi
$71,449
Median Household Income
$37,492
Median Earnings
$861
Median Rent
$247,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Remodeled residence includes a center-aisle barn, fenced pastures, and a gated drive.
Where is this horse & equestrian property located?
The property is located at 8505 NW 118TH TERRACE Ocala, FL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Over 3 acres of high‑and‑dry land in a non‑flood zone; 3‑stall center‑aisle barn with a large tack and feed room; Three fenced and cross‑fenced pastures with a no‑climb perimeter fence
More about this property
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