4698 NW 84TH TERRACE NW
About This Property
Don't miss this exceptional opportunity to own one of the very few remaining large acreage parcels in the highly sought-after Golden Hills area of Ocala's renowned Horse Country. This beautiful 5.48± acre property offers the perfect blend of privacy, investment potential, and an unbeatable location just 3 minutes from the World Equestrian Center (WEC).
Enjoy breathtaking views overlooking a picturesque horse farm while creating your own custom estate in one of Marion County's most desirable locations.Outstanding Development Potential! Subject to Marion County approval, this property has the potential to be divided into two separate lots, allowing for the construction of up to four homes, making it an outstanding opportunity for investors, builders, or families seeking a multi-home estate.For Qualified Buyers:
Phase I Environmental Site Assessment Available
Survey Available
Owner Financing Available
Property Highlights
R-1 Zoning
Beautiful nearly 6-acre parcel in a premier equestrian location
Potential lot split into two parcels (subject to county approval)
Opportunity to build up to four homes (subject to county approval)
Scenic views overlooking a horse farmIdeal for a luxury estate, family compound, or investment project
Located in one of Ocala's fastest-appreciating areas
Prime Location
Only 3 minutes to the World Equestrian Center
Minutes to championship golf courses
Close to the upcoming Shoppes Off 80th, featuring luxury retail, dining, and entertainment
Convenient access to the Florida Horse Park, the Marjorie Harris Cross Florida Greenway, and miles of riding and hiking trailsNear hospitals, shopping, restaurants, and major highways
Invest in the Horse Capital of the World
Ocala continues to experience remarkable growth and remains one of Florida's most desirable destinations for equestrians, luxury homebuyers, and investors alike. Known as the Horse Capital of the World, the area is home to more than 400 thoroughbred farms, world-class training facilities, and a thriving equestrian lifestyle. Since the opening of the World Equestrian Center, property values throughout the surrounding area have continued to appreciate, making this an exceptional investment opportunity.Whether you're looking to build your dream estate, develop multiple residences, or secure a valuable piece of Ocala's thriving real estate market, this unique property offers endless possibilities.
Properties like this rarely become available. Secure your place near Golden Hills today and enjoy the lifestyle, location, and long-term value that only Ocala Horse Country have
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Relisted | $600,000 | |
| Relisted | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by THE KEYES COMPANY | $600,000 | |
| Listed by THE KEYES COMPANY | |||
| Aug 5, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017