David Ramirez
$999,0001 bd1 ba1,047 sqft$954 /sqft$8,527 /mo all-in ↓

3670 SE 148TH TERRACE, MORRISTON, FL, 32668

Active811 days on marketListed May 13, 2024MLS #OM678297

FarmOAKRIDGE EQUINE CENTER 09

About this home

3670 SE 148TH TERRACE

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!

Facts & features

The home at a glance

1

Bedrooms

1

Bathrooms

1,047

Sqft

20.05 ac

Lot size

2000

Year built

One

Levels

$954

Per sqft

Pets allowed

Inside

FlooringOther
AppliancesNone
InteriorCeiling Fan(s)
LaundryOther
CoolingNone
HeatingNone

Outside & construction

RoofShingle
ConstructionWood Frame (FSC Certified)
FoundationOther
FacesEast
ExteriorRain Gutters

Community & fees

HOA fee$2,400/mo
Taxes (2025)$2,418/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected · Water Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$8,527 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property tax — 2025 actual bill$202
HOA fee — from the listing$2,400
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $99,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $99,900
Interest rate6.00%
Loan term

Estimated payment

$8,527/mo

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property taxes (actual bill)$202
HOA / condo fee$2,400
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Morriston actives

$954 vs $262

Days on market

811 vs 41 typical

Where $954/sqft sits among the 54 Morriston actives

40
8
2 · this home
1
0
3
$134–438$438–742$742–1046$1046–1350$1350–1654$1654+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Morriston

Map of 3670 SE 148TH TERRACE

Get to know Morriston. See the full Morriston guide →

MORRISTON 32668 — neighborhood snapshot

Population

5,326

Median age

45.6

Median income

$55,028

Median home value

$209,000

Avg household

2.53

Households w/ children

608

The numbers that matter

The Morriston market

Seller’s marketLeans buyer9.1 months of inventoryBuyer’s market

$363K$588K

Morriston median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

26 of 54

Morriston actives have cut their price

Median sold price, Morriston, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 163% above the MORRISTON 32668 median. See the full Morriston market guide →

Paper trail

This home's history

May 13, 2024Listed at $999,000 · 811 days on market since
2000Built · OAKRIDGE EQUINE CENTER 09

Reality check

What actually sold near 3670 SE 148TH TERRACE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2530 SE 142 TERRACESold · Sep ’25

$65,000

2530 SE 142 TERRACE

2 bd · 2 ba · 1,024 sqft · $63/sqft · 18 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 3670 SE 148TH TERRACE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3670 SE 148TH TERRACE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

3670 SE 148TH TERRACE FAQs

What would the monthly payment be for 3670 SE 148TH TERRACE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,527/mo — principal and interest, the actual property-tax bill, the $2,400/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 3670 SE 148TH TERRACE?+

The association fee works out to $2,400 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 3670 SE 148TH TERRACE?+

The most recent tax bill on record (2025) was $2,418. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 3670 SE 148TH TERRACE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Morriston?+

At $999,000, this home is listed about 100% above the Morriston median of $500,000. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Positioned at the premium end

$999,000 runs 163% above the MORRISTON 32668 median.

02Know the monthly fee

The association fee is $2,400/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

03Time on market is leverage

811 days on market against a Morriston median of 41 — sellers in this position are usually ready to negotiate.

Listing courtesy of SHOWCASE PROPERTIES OF CENTRAL · Valerie Dailey. MLS #OM678297.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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