464 B Northwest Morriston

Morriston, FL 32668

$8,843,000
Price
20,821,680 / 478
Lot Size / Acres

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...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.
  1. Listed by Bartow McDonald IV • SVN MCDONALD & COMPANY

Property Details for 464 B Northwest Morriston

Township
14
Waterfront
No

Location

Listing Courtesy of SVN MCDONALD & COMPANY
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LISTING UPDATED: 12/27/2023 03:18 PM

Property Details for 464 B Northwest Morriston

StatusActive
MLS #OM669723
Days on Market133
Taxes$2,537 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size478.00 AC
CountyMarion County

Location

Listing Courtesy of SVN MCDONALD & COMPANY
Add your commute

Building Information for 464 B Northwest Morriston

Lot Size478.00 AC

Payment Calculator

$48,471 per month

30 year fixed, 7.25% Interest

Principal and Interest

$48,260

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 464 B Northwest Morriston

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • Street Direction Prefix: NW
  • Street Name: 464B
  • State: FL
  • City: MORRISTON
Taxes and HOA Information
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax 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 &
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 12199-002-01,12186-000-00
  • Additional Parcels: Yes
  • Current Use: Agricultural
  • Lot Size Dimensions: 2724x5491x2720x1154
  • Parcel Number: 12202-000-00
  • Total Acreage: 200 to less than 500
  • Water Access: No
  • Water Extras: No
  • Zoning: A-1
  • Lot Dimensions: 2724x5491x2720x1154
Property and Assessments
  • Flood Zone Code: X
  • Number Of Lots: 3
  • Public Survey Range: 19
  • Public Survey Section: 23
Utilities
  • Sewer: None
  • Utilities: Electricity Available
  • Water Source: Well Required
Interior and Exterior Features
Exterior Features
  • Front Footage: 3874
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 464 B Northwest Morriston

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 464 B Northwest Morriston

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
Fessenden Elementary School
PublicPK to 5

Howard Middle School
Public6 to 8

West Port High School
Public9 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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464 B Northwest Morriston is a 478 ac of land for sale in Morriston, FL 32668. This property was listed for sale on December 18, 2023 by SVN MCDONALD & COMPANY, it's currently listed at $8,843,000. This listing's school district is Marion. Nearby schools include Fessenden Elementary School, Howard Middle School and West Port High School. 464 B Northwest Morriston is a 0-bed, 0-bath, 478 ac of land on a 20,821,680 sq. ft. / 478 acres lot.

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 SVN MCDONALD & COMPANY

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.