Price Reduction
Address
NW 464b, MORRISTON, FL
Price
$ 7,786,095
Property Attributes
  • MLS#OM669723
  • TypeLand
  • CountyMARION
  • CityMORRISTON
  • AreaMorriston
  • Zip32668
  • Style
  • Taxes$ 2536
  • Price$ 7,786,095
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size420.87 Acres
Data Source:
Stellar MLS
Property Description

In 1960, legendary investor and timber baron James T Goethe purchased this 478+/- contiguous acres from the Loncala Phosphate Company, where it's stewardship has passed through several generations of heirs since then. The land is available for purchase today for the first time in 63 years and is located in the heart of Ocala's beautiful Horse Country and Farmland Preservation Area. From the property gate, it's a quick eight minute drive (4.7 miles) to the HITS Winter Circuit and a 13 minute drive (11.1 Miles) to the famous World Equestrian Center. Unique to this land are three former phosphate excavations with their own ecosystems of ferns, sweetgum, pine and oak trees. This is the ideal location for an equestrian who values big horizons and privacy or anyone with outdoor ambitions for recreation, wildlife and wide open spaces. Call agent if you would like a tour of the property.

Price History
12/21/2023 Listed $8,843,000
6/19/2024 12% - $7,786,095

General Features

Sewer None
Utilities Electricity Available
Zoning A-1
Tax Year 2023
Current Use Timber,Agricultural
Percent Ownership Fee Simple
Additional Parcels Description 12199-002-01,12186-000-00
County Marion
Property Type Land
Status Active
Directions Take Hwy 27 west of I75. Turn left onto 464B,drive around 6 miles. One parcel is on the corner of 464B and NW 150th Ave. The connecting parcel is to the northwest.
ModificationTimestamp 2024-06-19T15:37:45.513Z
City MORRISTON
Buyer Agent Compensation 3%
View Y/N No
MLS Area 32668 - Morriston
Lot Size Units Acres
Lot Size Square Feet 18333097
Waterfront Y/N No
Tax Annual Amount 2536.84
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM669723
Days on Market 181
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description SEC 23 TWP 14 RGE 19 NW 1/4 & N 1/2 OF SW 1/4 & W 1/2 OF NE 1/4 &
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Exterior Features

Water Source Well Required
Lot Size Area 420.87
Lot Dimensions 2724 x 5491 x 2720 x 1154
Lot Size Acres 420.87
Road Surface Type Asphalt,Gravel,Limerock,Paved
Road Frontage Type County Road
Number of Lots 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32668

Price
AVG $500K
$7.79M
Taxes
AVG $468
$2,536
Visits
AVG 431
1238
Data Provided by Inside Real Estate®

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