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Sold for $225,000
  • Zillow Home logoZestimate®
    $225,000

    10668 SW 85TH TERRACE, OCALA, FL 34481

    3beds
    1,404sqft
    Single Family Residence
    Built in 1992
    0.3 Acres Lot
    $225,000 Zestimate®
    $160/sqft
    $1,695 Estimated rent

    Home value

    $225,000

    $209,000 - $243,000

    $1,695/mo

    Zestimate® history
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    What's special

    Granite countertopsAbundant natural lightSpacious corner lotFunctional split floor planYard irrigation system
    Virtually Staged. Welcome to this beautifully maintained, turn-key 3-bedroom, 2-bath home located in the highly sought-after Palm Cay subdivision, one of Ocala’s premier gated 55+ communities. Situated on a spacious corner lot, this well-appointed home features beautiful luxury vinyl wood flooring throughout, granite countertops, abundant natural light, and a functional split floor plan designed for comfortable living. Recent updates include fresh interior paint in a neutral color palette, new custom blinds, a new water heater, complete home re-piping, and all new faucets throughout the home. Additional features include a quiet and energy-efficient Bosch dishwasher, synced smoke detectors, touchless sensor kitchen sink faucet, and yard irrigation system. Enjoy relaxing mornings or evenings from the charming front porch with pull-down screen enclosure or unwind in the enclosed rear lanai offering added privacy and tranquility along the tree-lined rear entrance of the community. The spacious 2-car garage also includes a bonus workshop area ideal for hobbies, projects, or additional storage. Conveniently located near the community entrance with easy access to Hwy 200, shopping, dining, medical facilities, pharmacies, and hospitals. Palm Cay offers affordable HOA fees and an impressive list of amenities including a gated entrance with 24-hour security, large community pool, tennis courts, clubhouse with activities calendar, library, billiard room, card room, arts and crafts room, bocce ball, shuffleboard, and RV parking. Located in Ocala/Marion County, consistently ranked among the top places to live in the county.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donato Scarcello 352-644-8518,

    GAILEY ENTERPRISES REAL ESTATE 770-733-2596,

    Richard Gailey 678-923-0007,

    GAILEY ENTERPRISES REAL ESTATE

    Bought with:

    Sascha Davis, 3408202

    EXP REALTY LLC

    Source: Stellar MLS,MLS#: OM724491MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Great room
    • Level: First
    Kitchen
    • Level: First
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Other
    • Flooring: Tile, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 1,404 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.3 Acres
    • Dimensions: 105 x 125
    Details
    • Parcel number: 3577300601
    • Zoning: B4
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Metal Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Senior community: Yes
    • Subdivision: PALM CAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
    • Services included: 24-Hour Guard
    • HOA fee: $123 monthly
    • HOA name: Palm Cay Operations
    • HOA phone: 352-232-2202
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $187,305
    • Annual tax amount: $2,696
    • Date on market: 5/12/2026
    • Cumulative days on market: 60 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/14/2026Sold$225,000$160/sqft
    Source: Stellar MLS #OM724491 Report a problem
    8/11/2026Listed for sale$225,000$160/sqft
    Source: Stellar MLS #OM724491 Report a problem
    7/13/2026Contingent$225,000$160/sqft
    Source: Stellar MLS #OM724491 Report a problem
    5/12/2026Listed for sale$225,000-4.2%$160/sqft
    Source: Stellar MLS #OM724491 Report a problem
    7/23/2025Listing removed$234,900$167/sqft
    Source: Stellar MLS #OM700473 Report a problem
    6/25/2025Price change$234,900-2.1%$167/sqft
    Source: Stellar MLS #OM700473 Report a problem
    5/23/2025Price change$239,900-4%$171/sqft
    Source: Stellar MLS #OM700473 Report a problem
    5/7/2025Listed for sale$249,900+4.1%$178/sqft
    Source: Stellar MLS #OM700473 Report a problem
    3/22/2022Sold$240,000$171/sqft
    Source: Public Record Report a problem
    2/28/2022Pending sale$240,000-4%$171/sqft
    Source: Stellar MLS #OM634269 Report a problem
    2/15/2022Listed for sale$250,000+157.7%$178/sqft
    Source: Stellar MLS #OM634269 Report a problem
    8/10/2016Sold$97,000-2%$69/sqft
    Source: Public Record Report a problem
    6/30/2016Pending sale$99,000$71/sqft
    Source: FOXFIRE REALTY - HWY 200/103 ST #501824 Report a problem
    6/30/2016Listed for sale$99,000$71/sqft
    Source: FOXFIRE REALTY - HWY 200/103 ST #501824 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,697 +8.9%$187,305 +1.8%
    2024$2,477 -0.6%$183,987 +3%
    2023$2,490 +192%$178,628 +139.8%
    2022$853 -1%$74,485 +3%
    2021$862 +0.1%$72,316 +1.4%
    2020$860 +0.4%$71,318 +2.3%
    2019$857 $69,715 +1.9%
    2018$857 +4%$68,415 +2.1%
    2017$824 +19%$67,008 +29.3%
    2016$692 $51,828 +0.7%
    2015$692 +3.9%$51,468 +0.8%
    2014$666 +0.5%$51,060 -0.4%
    2013$663 -4.4%$51,256 -7.5%
    2012$694 -7.9%$55,430 -12%
    2011$753 -3.3%$63,021 -5.4%
    2010$779 +2.2%$66,646 +1%
    2009$762 +1%$66,013 +0.1%
    2008$755 -9.8%$65,948 +3%
    2007$837 -3.9%$64,028 +2.5%
    2006$871 +6.8%$62,467 +3%
    2005$815 $60,648 +3%
    2004$815 +9.1%$58,882 +4.3%
    2002$747 +11.1%$56,431 +4.6%
    2001$673 $53,926
    2000$673 $53,926
    Find assessor info on the county website

    Neighborhood: 34481

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $225,000
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    Estimated market value
    $225,000