Short Sale. Charming 2-Bedroom Home in Gated 55+ Community. Nestled on a spacious lot with fantastic curb appeal, this charming 2-bedroom, 1-bath home is the perfect blend of comfort and convenience. Inside, you'll find generously sized bedrooms, each featuring walk-in closets; updated bathroom featuring new tile and a new vanity. The open and inviting living spaces include a cozy living room that flows seamlessly into the dining area and kitchen which leads to the bright and airy Florida room – an ideal spot for enjoying the serene surroundings. The home also includes a convenient 1-car garage, providing both parking and additional storage. Located in a desirable, gated 55+ community, residents have access to a wide range of amenities including tennis courts, bocce ball, shuffleboard, a clubhouse, and a refreshing pool. Stay active with a fitness center, and for RV owners, there's dedicated parking available. The home’s location offers easy access to Highway 200, placing you just minutes away from an abundance of shopping, dining, and entertainment options.
Sold for $114,000
$114,000
10520 SW 85TH TERRACE, OCALA, FL 34481
2beds
768sqft
Single Family Residence
Built in 1988
10,454 Square Feet Lot
$112,000 Zestimate®
$148/sqft
$1,301 Estimated rent
Home value
$112,000
$101,000 - $124,000
$1,301/mo
Zestimate® history
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$756/mo
Est. payment
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Est. payment
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List your homeWhat's special
Generously sized bedroomsSpacious lotFantastic curb appealDining areaUpdated bathroomWalk-in closets
Zillow last checked:
Listing updated:
Listed by:
Peggy Pittas 352-732-0591,
RE/MAX ALLSTARS REALTY 352-484-0155
Bought with:
Jennifer Colon, 3550496
RE/MAX ALLSTARS REALTY
Source: Stellar MLS,MLS#: OM702515
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
Bathroom 1
- Level: First
Dinette
- Level: First
Florida room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Range Hood, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Linoleum
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 1,248
- Total interior livable area: 768 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Front Porch, Rear Porch
- Exterior features: Lighting, Rain Gutters
Lot
- Size: 10,454 Square Feet
- Dimensions: 83 x 125
- Features: Cleared, Landscaped
Details
- Parcel number: 3577300106
- Zoning: B4
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Other
Community & HOA
Community
- Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Sidewalks, Tennis Court(s)
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: PALM CAY
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Gated, Pool, Shuffleboard Court, Tennis Court(s)
- Services included: 24-Hour Guard, Community Pool, Pool Maintenance, Private Road, Recreational Facilities
- HOA fee: $120 monthly
- HOA name: Palm Cay Operations
- HOA phone: 352-232-2202
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $121,701
- Annual tax amount: $2,255
- Date on market: 5/28/2025
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $114,000-8.8%$148/sqft |
Source:  Stellar MLS #OM702515 Report a problem | ||
| 6/20/2025 | Pending sale | $125,000$163/sqft |
Source: Stellar MLS #OM702515 Report a problem | ||
| 5/28/2025 | Listed for sale | $125,000-13.8%$163/sqft |
Source: Stellar MLS #OM702515 Report a problem | ||
| 11/16/2023 | Sold | $145,000$189/sqft |
Source: Stellar MLS #O6139579 Report a problem | ||
| 10/21/2023 | Pending sale | $145,000$189/sqft |
Source: Stellar MLS #O6139579 Report a problem | ||
| 9/26/2023 | Listed for sale | $145,000$189/sqft |
Source: Stellar MLS #O6139579 Report a problem | ||
| 9/22/2023 | Pending sale | $145,000$189/sqft |
Source: Stellar MLS #O6139579 Report a problem | ||
| 9/7/2023 | Listed for sale | $145,000+253.7%$189/sqft |
Source: Stellar MLS #O6139579 Report a problem | ||
| 7/5/2002 | Sold | $41,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,382 +5.6% | $121,701 -2.6% |
| 2024 | $2,255 +3.7% | $124,941 +15.5% |
| 2023 | $2,175 +17.2% | $108,131 +10% |
| 2022 | $1,856 +249.3% | $98,301 +150.5% |
| 2021 | $531 +1.4% | $39,246 +1.4% |
| 2020 | $524 +2.4% | $38,704 +2.3% |
| 2019 | $512 | $37,834 +1.9% |
| 2018 | $512 +7.7% | $37,129 +2.1% |
| 2017 | $475 +8.9% | $36,365 +2.1% |
| 2016 | $436 | $35,617 +0.7% |
| 2015 | $436 +3.1% | $35,369 +0.8% |
| 2014 | $423 +0.5% | $35,088 |
| 2013 | $421 -8.2% | $35,088 -6.6% |
| 2012 | $459 -8.1% | $37,553 -6.4% |
| 2011 | $499 -4.7% | $40,131 -3.7% |
| 2010 | $524 -14.5% | $41,668 -13.2% |
| 2009 | $613 +1.2% | $48,027 +0.1% |
| 2008 | $605 +5.1% | $47,980 +3% |
| 2007 | $576 -1.9% | $46,583 +2.5% |
| 2006 | $587 +12.2% | $45,447 +3% |
| 2005 | $523 | $44,124 +3% |
| 2004 | $523 +37.3% | $42,839 +9.4% |
| 2002 | $381 +18.7% | $39,167 +4.6% |
| 2001 | $321 | $37,429 |
| 2000 | $321 | $37,429 |
Find assessor info on the county website
Neighborhood: 34481
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Nearby schools
GreatSchools rating
- 4/10Marion Oaks Elementary SchoolGrades: PK-5Distance: 4.8 mi
- 3/10Horizon Academy At Marion OaksGrades: 6-8Distance: 6.3 mi
- 4/10West Port High SchoolGrades: 9-12Distance: 5.8 mi
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Estimated market value
$112,000
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Estimated market value
$112,000
- Florida
- Marion County
- Ocala
- 34481
- 10520 SW 85TH TERRACE
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