11224 SW 79TH TERRACE, OCALA, FL, 34476
Pending17 days on marketListed Jul 16, 2026MLS #OM728667
About this home
11224 SW 79TH TERRACE
WELCOME HOME TO PALM CAY — A 55+ GATED COMMUNITY IN SW OCALA! Enjoy the Florida retirement lifestyle you’ve been looking for in Palm Cay, a deed-restricted, access-controlled gated community offering comfort, convenience, and a true sense of community. With planned daily activities posted at the front entry and clubhouse, residents have plenty of opportunities to stay active, socialize, and enjoy everything this welcoming neighborhood has to offer. The monthly HOA fee is $128 and includes trash service. This beautifully updated 2-bedroom, 2-bath home offers easy living with modern upgrades throughout. As you arrive, you are greeted by the inviting front porch — the perfect spot for morning coffee chats with neighbors. Step inside to a bright and comfortable living room featuring updated LVP flooring, fresh lighting, and a neutral color palette that creates a warm and welcoming atmosphere. The open flow continues into the dining area, where sliding doors lead to the enclosed, lanai — an ideal space for relaxing, entertaining, or enjoying year-round Florida living. The lanai opens to an screened in patio area, creating additional space to unwind. The updated galley-style kitchen is ready for your favorite recipes and features new cabinetry, stainless steel appliances including refrigerator, range, microwave, and dishwasher, plus modern finishes designed for both style and function. The guest bedroom and guest bathroom provide a comfortable space for visitors. The primary suite features a walk-in closet, and a remodeled ensuite bathroom with a walk-in shower and updated finishes. Recent improvements include:* Roof (2023) * HVAC system (2010) with updated ductwork. Palm Cay offers resort-style amenities including **The Oasis clubhouse**, library, card and billiards rooms, arts and crafts studio, catering kitchen, fitness facilities, tennis courts, bocce ball, shuffleboard, walking and biking areas, RV/boat parking, and a variety of clubs and social activities. Conveniently located near shopping, dining, medical facilities, golf courses, and everyday essentials, with easy access to all that Ocala has to offer. Enjoy the best of Florida living with nearby springs, recreation, and approximately one hour to beaches and Orlando attractions.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
960
Sqft
0.24 ac
Lot size
2
Garage
1989
Year built
One
Levels
$172
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 and the real association fee — not generic estimates.
$1,497 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$1,497/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
+7.4%
$/sqft vs Ocala actives
$172 vs $181
Days on market
17 vs 43 typical
Where $172/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 34476 — neighborhood snapshot
Population
26,397
Median age
56.1
Median income
$65,429
Median home value
$260,300
Avg household
2.21
Households w/ children
2,252
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 → $280K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
155 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 43% below the OCALA 34476 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 11224 SW 79TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$167,000
11260 SW 78TH AVENUE · same community
2 bd · 2 ba · 864 sqft · $193/sqft · 9 DOM
Sold · Feb ’26$175,000
7684 SW 112TH LANE · same community
2 bd · 2 ba · 1,158 sqft · $151/sqft · 34 DOM
Sold · Mar ’26$170,000
11520 SW 85TH COURT
2 bd · 2 ba · 988 sqft · $172/sqft · 3 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 11224 SW 79TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11224 SW 79TH TERRACE — 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
11224 SW 79TH TERRACE FAQs
What would the monthly payment be for 11224 SW 79TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,497/mo — principal and interest, the actual property-tax bill, the $123/mo association fee 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.
How much are the HOA fees at 11224 SW 79TH TERRACE?+
The association fee works out to $123 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11224 SW 79TH TERRACE?+
The most recent tax bill on record (2025) was $2,032. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 11224 SW 79TH TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Ocala?+
At $165,000, this home is listed about 45% below the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 11224 SW 79TH TERRACE?+
Liberty Middle School (middle), Marion Oaks Elementary School (elementary), West Port High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CITRUS HOME FINDERS · Cynthia Strait. MLS #OM728667.
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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