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3670 SE 148th Ter, Morriston, FL, 32668

1beds
1baths
1,047sqft
$999,000
$954price/sqft
$6,650/moest. monthly cost
$266,000/yrincome needed

About This Home

Seller says bring offers! Train your champions within a gated professional equine community! Situated within Oak Ridge Training Center, this exceptional farm offers a strong foundation perfect for those looking to take their thoroughbred operation to the next level. Designed by professionals for professionals, the 20+ acre farm features gently rolling land dotted by mature oaks providing the perfect amount of shade. At the heart of the property is the 20-stall shedrow style barn, which comes equipped with a wash rack with hot water and a barn apartment which could be used instead as a barn office. A total of 5 paddocks are currently established, each equipped with auto-waterers for added ease of care, as well as an additional round pen. An RV hookup is also in-place, adding additional options for short-term or longer term residency right on the property. Oak Ridge Training Center offers owners access to the 1-mile dirt track, which includes a 6-stall starting gate that meets current racing standard, and the more recently added 7/8 mile turf track. Both tracks are lighted and meticulously maintained using the highest industry standards and specifications, with daily maintenance of the track and yearly stripping, checking, and regrading to ensure quality. Located just outside of Ocala and a short drive to Gainesville, this facility offers easy access to a variety of feed and tack retailers, world-class veterinary care, farriers, and other specialty service providers throughout the area. In an area known as the Horse Capital of the World®, this farm is perfect for those looking to take advantage of the year-round warm climate and close proximity to Ocala Breeder’s Sales. Get ready to start your horses off on the right track with this exceptional property!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Completed
  • Year built: 2000

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Wood Frame (FSC Certified)

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Appliances

  • Appliances included: None
  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Other

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,047
  • Total interior livable area: 1,047 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Built-in Closet
  • Level: First

Property

Details

  • Parcel number: 0454701100
  • Zoning: A-1
  • Special condition: None
  • Horse amenities: 5/8+ Mile Track,Starting Gate,Track Access,Track Irrigation System

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Other
  • Exterior features: Rain Gutters
  • Fencing: Board,Cross Fenced,Fenced,Wood
  • Residential vegetation: Mature Landscaping

Lot

  • Lot size: 20.05 Acres
  • Features: Cleared,Farm,In County,Pasture,Zoned for Horses

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Levy County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance *$213$2,556
Property Taxes $1,189$14,268
Electricity $197$2,366
Total$6,650$79,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$228,000/yr
40% on housing$199,500/yr
45% on housing$177,333/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$954This listing

vs Other Active Listings

Avg $/sqft

ZIP 32668$584
Levy County$224

vs Homes Sold Last Month

Median $/sqft

ZIP 32668$337
Levy County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-05-13Listed for sale$999,000
2008-09-15Sold$599,300

For Sale by Agent

AgentValerie Dailey
BrokerageSHOWCASE PROPERTIES OF CENTRAL

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