5900 Magnolia Avenue, FL
Stellar MLS

$598,999

5900 Magnolia Avenue

Ocala, FL 34471

Listing updated: June 13, 2026 at 9:36 AM ET

Active
4
Beds
3
Baths
2,500
Sq Ft
3.04
Acres
1994
Built
In-law suite3.04 acres$240/sqft360° tour
Single Family Residence

Property type

1994

Year built

130,680 sqft

Lot size

$240

Price / sq ft

No HOA

HOA dues

43

Days on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$3,029
Property taxes$314
Home insurance (est.)$275

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history43 days on market

  1. Status: Active
    May 1, 2026
  2. Listed$649,998
    May 1, 2026
  3. Price reduced$598,999

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
43
Subdivision
Chs Luttrells Sub
County
Marion
Year built
1994
Living area
2,500 sq ft
Price/sq ft
$240
Building area
2,966 sq ft (Appraiser)
Lot size
130,680 sq ft
Lot category
2 to less than 5
Flood zone
X
Annual taxes
$3,766 (2025)
Parcel #
36039-000-00
Zoning
A1
MLS #
OM723868

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Interior Details

Bedrooms
4
Full bathrooms
3
Flooring
Carpet, Luxury Vinyl, Tile, Vinyl
Appliances
Convection Oven, Dryer, Microwave, Refrigerator, Washer
Interior features
Ceiling Fans(s), High Ceilings, Open Floorplan
Laundry
Laundry Closet, Laundry Room
Stories / Levels
One
Direction faces
North
In-law suite
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Ownership
Fee Simple
Available for lease
No

Exterior & Construction

Exterior features
Garden, Private Yard
Construction materials
Stucco
Roof
Shingle
Foundation
Concrete Perimeter
Road surface
Dirt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Available

Schools

ElementaryShady Hill Elementary SchoolGreatSchools ↗
MiddleBLiberty Middle SchoolGreatSchools ↗
High SchoolWest Port High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst
Bedroom 2First
Bedroom 3First
Bedroom 4First
KitchenFirst
Living RoomFirst

Listing Details

Listing date
2026-05-01
On market date
2026-05-01
Original list price
$649,998
Occupant type
Owner
MLS area
34471 - Ocala
Listing AOR
Ocala - Marion
Status changed
2026-05-01
Tax legal description
SEC 06 TWP 16 RGE 22 PLAT BOOK E PAGE 029 CHS LUTTRELLS SUB OF LOT 1 S 91.95 FT OF W 473.70 FT OF E 623.70 FT OF LOT 5 & E 9.45 CHS OF LOT 5 EXC E 466.7 FT OF N 466.7 FT EXC S 91.95 FT OF W 473.70 FT OF E 623.70 FT EXC W 157 FT OF N 277.5 FT

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From S Pine Ave (US-441/301), turn onto SE 58th Ave. Continue to S Magnolia Ave and turn left. Property will be on the right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 13, 2026 at 9:36 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA