5900 S MAGNOLIA AVENUE, OCALA, FL, 34471
Active99 days on marketListed May 1, 2026MLS #OM723868
About this home
5900 S MAGNOLIA AVENUE
Nestled on 3.04 acres in the desirable SE Ocala area, this versatile agricultural property offers the perfect blend of space, functionality, and opportunity. Zoned A-1, the property is ideal for those looking to create a mini farm, bring animals, or enjoy the freedom of country living with no HOA restrictions. The main residence features 3 bedrooms and 2 bathrooms, complemented by an attached 1 bedroom, 1 bathroom in-law suite with its own kitchen and private living space. This flexible layout is perfect for multi-generational living, guest accommodations, or potential rental income. With a total of 2,966 square feet, the home provides ample room to live comfortably while enjoying the privacy and openness that acreage living offers. Built in 1994, the property has undergone extensive updates since 2021, including a new roof (2021), updated well system, oversized drain field, new A/C unit (2025), fresh interior and exterior paint, stucco exterior, and full landscaping. Interior improvements include LVP flooring throughout most of the main home, an updated kitchen with granite countertops, new sink, faucet, glass backsplash, and hardware, along with upgraded bathrooms featuring new cabinetry, fixtures, and finishes. Additional enhancements include new appliances, lighting, exterior doors, and a block wall courtyard separating the main home and in-law suite. Surrounded by larger parcels under common ownership, the property offers added privacy and a peaceful setting. Conveniently located approximately 25 minutes from the World Equestrian Center and HITS Ocala, this property is well-positioned for equestrian enthusiasts or those seeking proximity to Ocala’s premier horse venues. Whether you are looking to establish a mini farm, invest in an income-producing setup, or simply enjoy the benefits of rural living with close access to town, this property offers exceptional potential. Furniture and equipment may be available separately.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,500
Sqft
3.04 ac
Lot size
1994
Year built
One
Levels
$228
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,763 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$3,763/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+7.8%
$/sqft vs Ocala actives
$228 vs $185
Days on market
99 vs 50 typical
Where $228/sqft sits among the 400 Ocala actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34471 — neighborhood snapshot
Population
26,031
Median age
44.2
Median income
$60,283
Median home value
$292,200
Avg household
2.31
Households w/ children
2,491
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $285K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
169 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 87% above the OCALA 34471 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 5900 S MAGNOLIA AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$345,000
4010 SW 7TH AVENUE ROAD
3 bd · 3 ba · 2,521 sqft · $137/sqft · 163 DOM
Sold · Feb ’26$425,000
5025 SW 4TH CIRCLE
4 bd · 2.5 ba · 2,461 sqft · $173/sqft · 39 DOM
Sold · Apr ’26$850,000
6906 SE 12TH CIRCLE
4 bd · 3 ba · 2,583 sqft · $329/sqft · 105 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Dan Schriver
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5900 S MAGNOLIA AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5900 S MAGNOLIA AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Dan's phone and CRM.
Straight answers
5900 S MAGNOLIA AVENUE FAQs
What would the monthly payment be for 5900 S MAGNOLIA AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,763/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5900 S MAGNOLIA AVENUE?+
The most recent tax bill on record (2025) was $3,766. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Ocala?+
At $569,999, this home is listed about 91% above the Ocala median of $298,939. The market section on this page shows how the area is trending.
Which schools are assigned to 5900 S MAGNOLIA AVENUE?+
Eighth Street Elementary School (elementary), Osceola Middle School (middle), Forest High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$569,999 runs 87% above the OCALA 34471 median — but at 2,500 sqft it's also 45% larger than the typical Ocala listing.
02Strong assigned schools
Eighth Street Elementary School, Osceola Middle School, Forest High School — Eighth Street Elementary School rates 4 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $649,998, now $569,999 — a $80K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CENTRAL CITY REALTY · Mateo Garcia. MLS #OM723868.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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