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5900 S MAGNOLIA AVENUE

House For Sale
$624,999

BTC: 9.76560938

ETH: 347.22166667

-$25K (2026/05/21)
33 days
4 bds
3 ba
2,500 sqft

Overview

Nestled on 3.04 acres in the desirable SE Ocala area, this versatile agricultural property offers the perfect blend of space, functionality, and opportunity. Zoned A-1, the property is ideal for those looking to create a mini farm, bring animals, or enjoy the freedom of country living with no HOA restrictions. The main residence features 3 bedrooms and 2 bathrooms, complemented by an attached 1 bedroom, 1 bathroom in-law suite with its own kitchen and private living space. This flexible layout is perfect for multi-generational living, guest accommodations, or potential rental income. With a total of 2,966 square feet, the home provides ample room to live comfortably while enjoying the privacy and openness that acreage living offers. Built in 1994, the property has undergone extensive updates since 2021, including a new roof (2021), updated well system, oversized drain field, new A/C unit (2025), fresh interior and exterior paint, stucco exterior, and full landscaping. Interior improvements include LVP flooring throughout most of the main home, an updated kitchen with granite countertops, new sink, faucet, glass backsplash, and hardware, along with upgraded bathrooms featuring new cabinetry, fixtures, and finishes. Additional enhancements include new appliances, lighting, exterior doors, and a block wall courtyard separating the main home and in-law suite. Surrounded by larger parcels under common ownership, the property offers added privacy and a peaceful setting. Conveniently located approximately 25 minutes from the World Equestrian Center and HITS Ocala, this property is well-positioned for equestrian enthusiasts or those seeking proximity to Ocala’s premier horse venues. Whether you are looking to establish a mini farm, invest in an income-producing setup, or simply enjoy the benefits of rural living with close access to town, this property offers exceptional potential. Furniture and equipment may be available separately.

Location

Florida OCALA 34471 House For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1994
Lot:
3.04 Acres
Heating:
Central
Price/sqft:
$250
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$624,999
$461K – $1.1M
Confidence Low
List vs. estimate
At estimate
List $624,999 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$249
+41.3% vs. city median $176
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,766
2025
Furnished
Negotiable
All facts and features
  • Flooring

    • Carpet

    • Luxury Vinyl

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Garden / Private Yard

    Lot

    • Lot: 3.04 Acres

    Other Property Information

    • Parcel Number: 3603900000

    • Zoning: A1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $3,766

  • Source details

    • MLS ID: OM723868

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Concrete Perimeter

    • Laundry Features: Laundry Closet / Laundry Room

    • Lot Features: Pasture / Private

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch

    • Direction Faces: North

    • Architectural Style: Custom

    • Living Area: 2500

    • Water Source: Well

    • Subdivision Name: CHS LUTTRELLS SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTRAL CITY REALTY