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7137 & 7141 S Magnolia Avenue

OCALA, FL 34476
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Bed 9

Bed

Bath 6

Bath

SqFt5,685

Sqft

Acres7.50

Acres(Lot)

Now reintroduced to the market with thoughtful improvements, including the addition of a driveway for enhanced access, this exceptional multi-residence/multi-generational estate offering 2 homes an even more compelling opportunity on just over 7 picturesque acres surrounded by established farms. Ideally located off Hwy 475, just minutes to the Florida Horse Park, nearby riding trails, downtown Ocala’s dining, medical, and shopping, and less than 20 minutes to the World Equestrian Center. The main Cape Cod-style residence offers 5 bedrooms, 3 bathrooms, and 3,423 living square feet. Designed with abundant natural light and soaring cathedral ceilings, the home captures beautiful views of the surrounding acreage from nearly every room. Recent updates include a 2023 roof and a renovated kitch en featuring quartz countertops and newer appliances. Interior highlights include a gas fireplace in the living room, formal dining area, eat-in kitchen, flexible sitting room, and expansive covered porches ideal for enjoying the peaceful setting. The second residence offers 4 bedrooms, 2 bathrooms, and 2,262 living square feet with an open-concept layout. Features include a private pool, garage, executive office, updated kitchen with quartz countertops, and a remodeled primary bath with spa-like finishes. Roof replaced in 2021. UV water purification system installed. Ideal for extended family, guests, or income-producing opportunities. The fully fenced property includes a 2-stall barn with tack room, feed area, storage/workshop space, and open pasture. Both homes are equipped with new water softener systems. A rare opportunity to own a dual-residence farm property in one of Ocala’s most convenient yet private locations. Versatile, functional, and ready for equestrian or multi-generational living.

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Detail Ic Property Details

Property Type : Residential

Price : $1,550,000

AD Id : 75694452

MLS Id : MFROM719407

Beds : 9

Lot Size : 7.50 Acres

Living Area Size : 5,685

Year Built : 2000

Garage : 4

County : Marion

Subdivision: Belleview Biltmore Villas South Garden

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Feature Features

  • Bedroom Information

    Total Bedroom: 9

    Bathroom Information

    Total Baths: 6 Full Baths: 5 Half Baths: 1

    Interior Features

    Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments Roof: Shingle Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer Laundry Features: Inside, Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Laminate, Tile, Wood Construction Materials: Block, Concrete, Vinyl Siding
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Well

  • Building Information

    Year Built: 2000
  • Exterior Features

    Private Mailbox, Sliding Doors, Storage Construction Materials: Block, Concrete, Vinyl Siding Foundation Details: Slab
  • Pool Features

    Private Pool: 1 Gunite, In Ground

  • Lot Information

    Lot Description: Farm, Level, Pasture, Paved, Zoned for Horses Lot Square Feet: 348916 Lot Acres: 7.5 Lot Size (SqMt): 32415

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Cape Cod, Florida

  • Listing Price Information

    Original List Price:$1695000

  • Tax Information

    Tax Block: - Tax Book Number: - Tax Lot: - Tax Legal Description: SEC 08 TWP 16 RGE 22 COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TO THE POB TH S 88-30-22 W 582.41 FT TH N 01-55-11 W 17.40 FT N 01-55-11 W 662.6 FT TH S 88-40-04 W 1421.88 F T TH N 01-39-02 W 20 FT TH N 88-40-04 E 2004.21 FT TH S 01-55-11 E 698.36 FT TO THE POB EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TH N 01-55-11 W 245.36 FT TO THE POB T H S 88-04-49 W 250 FT TH N 01-55-11 W 175 FT TH N 88-04-49 E 250 TH S 01-55-11 E 175 FT TO THE POB & EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 886.51 FT TO THE POB TH CONT S Annual Tax: $4084.63 Tax Year: 2025 Parcel Number: 36342-006-01

  • Parking Information

    Driveway, Garage Faces Rear

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    BB/HS Internet Available, Electricity Connected, Propane, Sewer Connected, Water Connected Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: AG NON-SUB City: OCALA Direction: Continue onto S Magnolia Ave/St 475, Turn Left to aprox. end of road to see both homes on the right hand side.
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Nearby Home Value

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6064 SW 103rd Loop, Ocala, FL, 34476 $229,900 3 2 --
10800 SW 62nd Avenue, Ocala, FL, 34476 $204,900 3 2 1,526 1,526 SqFt
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555 SW 87th Place, Ocala, FL, 34476 $2,900,000 4 3 4,279 4,279 SqFt
5880 SW 102, Ocala, FL, 34476 $220,000 2 2 1,384 1,384 SqFt
8545 S Magnolia Avenue, Ocala, FL, 34476 $239,000 3 3 1,301 1,301 SqFt
150 SW 98th Lane, Ocala, FL, 34476 $5,000 4 2 2,044 2,044 SqFt
255 SW 96th Lane, Ocala, FL, 34476 $1,090,000 3 3 3,187 3,187 SqFt
255 SW 96th Lane, Ocala, FL, 34476 $1,090,000 3 3 4,102 4,102 SqFt
130 SW 69th Street, Ocala, FL, 34476 $359,000 3 2 1,846 1,846 SqFt
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ByOwner last updated this listing 06/17/2026 @ 06:20

MLS: MFRMLS #OM719407 LISTED BY: Tasha Osbourne, GOLDEN OCALA REAL ESTATE INC 352-369-6969 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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