Address
NW 464b, MORRISTON, FL
Price
$ 8,843,000
Property Attributes
  • MLS#OM669723
  • TypeLand
  • CountyMARION
  • CityMORRISTON
  • AreaMorriston
  • Zip32668
  • Style
  • Taxes$ 2536
  • Price$ 8,843,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size478 Acres
Data Source:
Stellar MLS
Property Description

In 1960, legendary investor and timber baron James T Goethe purchased this 478+/- contiguous acres from the Loncala Phosphate Company, where it's stewardship has passed through several generations of heirs since then. The land is available for purchase today for the first time in 63 years and is located in the heart of Ocala's beautiful Horse Country and Farmland Preservation Area. From the property gate, it's a quick eight minute drive (4.7 miles) to the HITS Winter Circuit and a 13 minute drive (11.1 Miles) to the famous World Equestrian Center. The property features 70+/- acres of improved pasture, tall oak stands and cabbage palm trees. The remaining 408 Acres was timbered last year for it's pine crop and is a blank canvas for the next owner's vision. Unique to this land are three former phosphate excavations with their own ecosystems of ferns, sweetgum, pine and oak trees. This is the ideal location for an equestrian who values big horizons and privacy or anyone with outdoor ambitions for recreation, wildlife and wide open spaces. Call agent if you would like a tour of the property.

Price History
12/21/2023 Listed $8,843,000

General Features

Sewer None
Utilities Electricity Available
Zoning A-1
Tax Year 2023
Current Use Timber,Agricultural
Percent Ownership Fee Simple
County Marion
Property Type Land
Status Active
Directions Take Hwy 27 west of I75. Turn left onto 464B,drive around 6 miles. One parcel is on the corner of 464B and NW 150th Ave. The connecting parcel is to the northwest.
City MORRISTON
Buyer Agent Compensation 3%
MLS Area 32668 - Morriston
Lot Size Square Feet 20821680
Waterfront Y/N No
Street Name 464b
Tax Annual Amount 2536.84
Public Remarks In 1960,legendary investor and timber baron James T Goethe purchased this 478+/- contiguous acres from the Loncala Phosphate Company,where it's stewardship has passed through several generations of h
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM669723
Days on Market 29
Standard Status Active
Legal Description SEC 23 TWP 14 RGE 19 NW 1/4 & N 1/2 OF SW 1/4 & W 1/2 OF NE 1/4 &

Interior Features

Living Area Units Square Feet

Exterior Features

Water Source Well Required
Lot Size Area 478
Lot Dimensions 2724 x 5491 x 2720 x 1154
Lot Size Acres 478
Road Surface Type Asphalt,Gravel,Limerock,Paved
Lot Size Units Acres
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32668

Price
AVG $520K
$8.84M
Taxes
AVG $551
$2,536
Visits
AVG 329
453
Data Provided by Inside Real Estate®

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