8889 SW 86TH LOOP
About This Property
This 2014 Sterling Grand model was designed for elevated tastes and effortless living. Featuring 3 bedrooms plus a den, 2 bathrooms, and a 3-car garage, this home blends luxury finishes with thoughtful functionality, all set against the picturesque backdrop of the 4th hole at Candler Hills Golf Course. Step inside to a gorgeous kitchen that will delight any chef: dark wood cabinets with crown molding and light rail, Cambria quartz countertops, glass subway tile backsplash, under and over cabinet lighting, and stainless-steel appliances. A matching portable island provides flexible prep space and neatly tucks into the drop zone when not in use. Cabinets with rain glass inserts extend into the dining area, perfect for a coffee station or extra storage. The spacious main suite showcases double door entry, a tray ceiling with double crown molding, custom window treatments, and an expansive walk-in closet with designer built-ins. The ensuite bath offers a jetted garden tub, tiled walk-in shower, and dual vanities for a spa-like retreat. Both guest bedrooms include walk-in closets with built-ins, and the guest bath impresses with a frameless walk-in shower. Thoughtful details abound throughout tile set on the diagonal, crown molding in every room, faux painting, built-ins in all closets (including the pantry), and Speed Queen commercial-grade washer and dryer. The laundry room doubles as a craft or hobby space, and the drop zone features additional custom storage. Outdoors, relax in the enclosed lanai with spectacular northern golf course views through wide sliding doors for unobstructed vistas. The patio area is ideal for entertaining or quiet enjoyment of the scenery. Additional upgrades include stone elevation and xeriscaped landscaping for low maintenance, tankless gas water heater, 8ft. doors, NEW HVAC system (installed June 2024), and custom window treatments throughout. Candler Hills is the estate section of On Top of the World, Ocala's premier 55+ active adult, golf resort community. Residents of Candler enjoy curbside mail and waste collection as well as the use of the Private amenities including The Lodge, the Candler Community Center, and the future Azura.
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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%.
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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.
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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 23, 2026 | Price Decreased |
$485,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$505,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by ON TOP OF THE WORLD REAL EST | $524,900 | |
| Listed by ON TOP OF THE WORLD REAL EST | |||
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017