
$598,999
5900 Magnolia Avenue
Ocala, FL 34471
Listing updated: June 13, 2026 at 9:36 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveMay 1, 2026
- Listed$649,998May 1, 2026
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Bedroom 4 | First | |
| Kitchen | First | |
| Living Room | First |
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-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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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.
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