7850 NE 178TH TERRACE
About This Property
Outside, the acreage is a dream for hobbyists, retirees, and those relocating for a peaceful rural lifestyle. A spacious, detached workshop offers the perfect footprint for your hobbies, while multiple storage buildings and dedicated RV parking easily accommodate all your toys and equipment. The expansive, unrestricted land is ready for livestock, gardens, or private trail riding, all complemented by an above-ground pool for easy outdoor relaxation. Enjoy ultimate privacy and absolute freedom to create your own country paradise without sacrificing quick, convenient access to Williston, Ocala, and Gainesville. Schedule your private tour today to experience total property freedom.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$324,900
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by HARRIETT DOWNS REAL ESTATE LLC | $349,900 | |
| Listed by HARRIETT DOWNS REAL ESTATE LLC | |||
| Jun 5, 2026 | Price Decreased |
$349,999
↓ $8K
(2.2%) | |
| Price Decreased | |||
| Apr 27, 2026 | Listed by PROFESSIONAL REALTY OF OCALA | $358,000 | |
| Listed by PROFESSIONAL REALTY OF OCALA | |||
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PRICED BELOW APPRAISED VALUE! Discover the perfect blend of privacy, versatility, and country living on this exceptional 8.7-acre property in the heart of Williston. Conveniently located between Ocala and Gainesville, this one-of-a-kind property offers peaceful rural living with easy access to shopping, dining, medical facilities, and everyday conveniences.
Designed for buyers seeking more than just a home, this property is ideal for those looking for acreage, homestead potential, mini-farm opportunities, space for animals, recreational use, or a private weekend retreat. Whether you dream of gardening, keeping livestock, enjoying outdoor hobbies, or simply escaping the hustle and bustle, the possibilities here are endless.
The home features beautiful flooring, a cozy wood-burning fireplace, and large windows that fill the living spaces with natural light while overlooking the picturesque property. A private mother-in-law suite with its own bedroom and bathroom provides exceptional flexibility for multi-generational living, guests, a private office, or potential rental opportunities.
Step outside and experience everything this property has to offer, including an above-ground pool, multiple storage sheds, and a spacious workshop perfect for hobbies, equipment storage, recreational vehicles, or agricultural needs. With nearly nine acres of usable land, there's plenty of room to spread out and create the lifestyle you've been looking for.
Recent improvements provide added peace of mind and include updated plumbing, a new electrical panel, engineer-certified tie-downs, and professional leveling.
Offering the rare combination of privacy, peaceful surroundings, flexible use, and exceptional value, this property is truly a unique opportunity to own a slice of North Central Florida. Priced below appraised value, it's ready for its next owner to make it their own.
Additional parcel included in the sale: Parcel ID 1826800000.
Items that convey: TV mounting bracket and all window rods (excluding the valance in the secondary bedroom).
Items that do not convey: Television, Ring security system, washer and dryer.
Select furniture pieces are available for purchase separately.
Please submit all offers on the Florida Bar "AS IS" Contract with proof of funds or pre-approval attached.
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| Nov 21, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017