1042 Southeast 50th Terrace

Ocala, FL 34471

$359,900
Price
2
Beds
1
Bath
720 Sq. Ft.
$500 / Sq. Ft.
720
Sq. Ft.
$500
per Sq. Ft.

Description

Nestled amidst two acres of picturesque landscape adorned with majestic oak trees, this exquisite property offers an unparalleled sense of tranquility and natural beauty. Welcome to your private oasis, where the harmony of nature meets the elegance of modern living. With the freedom to build your dream home, this property presents a rare opportunity to create a bespoke sanctuary tailored to your unique vision and lifestyle. Imagine waking up each morning to the soothing sounds of nature as your soundtrack....Nestled amidst two acres of picturesque landscape adorned with majestic oak trees, this exquisite property offers an unparalleled sense of tranquility and natural beauty. Welcome to your private oasis, where the harmony of nature meets the elegance of modern living. With the freedom to build your dream home, this property presents a rare opportunity to create a bespoke sanctuary tailored to your unique vision and lifestyle. Imagine waking up each morning to the soothing sounds of nature as your soundtrack. Please note: The current home is in need of a complete rebuild, providing a blank canvas for you to design and construct the perfect retreat. Whether you envision a contemporary masterpiece or a charming farmhouse, the possibilities are endless on this expansive property. Boasting a newer well, private septic system, and a dedicated power meter, this home site provides the perfect blend of convenience and self-sufficiency. And with no Homeowners Association restrictions, you'll have the freedom to bring your dreams to life without limitations.
  1. Listed by John Aponte • PEOPLE'S TRUST REALTY

Property Details for 1042 Southeast 50th Terrace

Subdivision Name
00
Township
15S
Waterfront
No

Location

Listing Courtesy of PEOPLE'S TRUST REALTY
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LISTING UPDATED: 05/03/2024 01:31 PM

Property Details for 1042 Southeast 50th Terrace

StatusActive
MLS #T3521838
Days on Market12
Taxes$2,275 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1963
Lot Size2.00 AC / 87,120 SF
CountyMarion County

Location

Listing Courtesy of PEOPLE'S TRUST REALTY
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Building Information for 1042 Southeast 50th Terrace

Stories1Year Built1963Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$2,154 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,964

Property Taxes

$190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1042 Southeast 50th Terrace

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 720.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: Heading South on FL-35 S, turn Right onto SE 17th Street. Then turn right onto SE 52nd Ct. Turn left onto SE 8th Street. Turn left onto SE 50th Terrace and the property will be on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1042
  • Street Direction Prefix: SE
  • Street Name: 50TH
  • Street Suffix: TERRACE
  • State: FL
  • City: OCALA
Parking
  • Available For Lease: No
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 01
  • Tax Book Number: 00
  • Tax Legal Description: SEC 24 TWP 15 RGE 22 FOR POB COM AT THE SW COR OF THE NE 1/4 OF NW 1/4 TH S 89-55-00 E 186.68 FT TH N 466.69 FT TH W 186.68 FT TH S 466.69 TO THE POB
  • Tax Lot: 00
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 187x467
  • Parcel Number: 29692-000-00
  • Total Acreage: 2 to less than 5
  • Water Access: No
  • Water Extras: No
  • Zoning: A1
  • Living Area: 720
  • Lot Dimensions: 187x467
Property and Assessments
  • Year Built Numeric: 1963
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 22E
  • Public Survey Section: 24
Utilities
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Other
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Appliances: None
  • Cooling: None
  • Fireplace: No
  • Flooring: Other
  • Heating: None
  • Interior Features: Other
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Kitchen
Room 2
  • Room Level 2: First
  • Room Type 2: Primary Bedroom
Room 3
  • Room Level 3: First
  • Room Type 3: Living Room

Property History for 1042 Southeast 50th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1042 Southeast 50th Terrace

Taxable ValueLand$101,840Additions$23,556Total$125,396
Tax Record2023$2,275 ($190 / month)
Home Facts
Beds2Baths1Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated1992ZoningA1; R1CountyMARIONAPN29692-000-00

Schools near 1042 Southeast 50th Terrace

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Ward-Highlands Elementary School
PublicPK to 5

Fort King Middle School
Public6 to 8

Forest High School
Public9 to 12

Silver River Mentoring And Instruction
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1042 Southeast 50th Terrace is a single family home for sale in Ocala, FL 34471. This property was listed for sale on April 25, 2024 by PEOPLE'S TRUST REALTY, it's currently listed at $359,900. It has been on the market for a total of 12 days and was last sold on June 8, 2022. This listing's school district is Marion. Nearby schools include Ward-Highlands Elementary School, Fort King Middle School and Forest High School. 1042 Southeast 50th Terrace is a 2-bed, 1-bath, 720 sqft single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PEOPLE'S TRUST REALTY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.