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About this home
7905 NW 118th CT is a 1975-built home in Rodnog, Ocala. Inside you'll find 2 bedrooms, 1 bathrooms, and 730 square feet of living space. Listed at $495,000 (about $678/sqft), 41 days on market. Flood zone X,AE - outside the FEMA high-risk areas, which keeps insurance manageable.
Looking for Acreage to build your Dream Farm? This may be it. A Diamond in the Rough best describes this property. Almost 6 acres of Gorgeous Land. Located just 6 miles from the World Equestrian Center and 3 miles from HITS. Tucked back in a quiet equine community. No HOA. There is an old Mobile Home on the property that has been recently vacated by a tenant . The Mobile Home has not been updated and needs work. The Value is in the Location and Acreage itself. The great thing about this property is the fact there is already a well ( recently serviced with a new pump) and there is a septic tank in place. The Beautiful Old Oaks and Great Pasture are a must see. It is fenced and cross fenced in Board fencing with 2 paddocks in place. There is a very useable Pole Barn with Electric. The other barn is in disrepair and needs to be removed but it does have electric. Although some of the property is located in the 100 Year Flood Zone, the Homesite is NOT IN THE FLOOD ZONE. The seller says the far pasture may have water pooling for a few days after a heavy rain but it doesn't stay wet. Additionaly, there is an adjoining 3/2/1 Home on an acre that is contiguous to this property that is available. Call me for details.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$495,000
$678 per sq ft
Beds and baths
2 beds, 1 baths
Size
730 sq ft
Time on market
41 days
Year built
1975
Monthly payment
About $2,957/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,536 annual tax bill, insurance.
Flood zone
Zone X,AE
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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