18800 SE 47TH PLACE, MORRISTON, FL, 32668
Active272 days on marketListed Nov 3, 2025MLS #OM712721
About this home
18800 SE 47TH PLACE
This exceptional property is offered at $30,500 an Acre with all the improvements! Vacant land sells for not much more in this area! This well appointed 120 Acre farm is 19 quick miles (one traffic light) to the World Equestrian Center and 9 miles to Ocala HITS. 120 +/- acres of hilly, prime soil, with 2 Residences with more Champion Live Oaks than can be counted! The 2 homes are neat and tidy Mobile homes ( 4/2 and 3/2). The farm was designed by a professional horseman with the horse in mind! All 26 the stalls of the center aisle barn are 12x14 with a feed room, office, bathroom, septic, wash rack, covered shavings bin, independent meter and a fly spray system. In addition to the barn the improvements include a covered RV/Boat pad with electric, and with septic/bathroom. To store other large toys and tractors, an supersized workshop is conveniently placed. The Amenities include a 6 horse eurosizer, 4 stall foaling barn, 1/2 mile track, starting gate and a pond designed for swimming horses. Not to mention acres and acres of pasture, 14 paddocks total with auto waters to each paddock. The farm has 3 wells. The location of this property gives the benefits of "The Horse Capital of the World" with much lower Levy County taxes. For outdoor sports and ecological wonders, The Rainbow River, Devils Den and the "Nature Coast" are all an easy distance from this property. Please note that acreage on Zillow is inaccurate, there are 2 parcels that equal 120 Acres. The total sq footage is combining both MHs. The 4/2 is 1976 Sq ft YB is 1998. The 3/2 is 1518 Sq ft YB 1998
Facts & features
The home at a glance
7
Bedrooms
3
Bathrooms
1,512
Sqft
120 ac
Lot size
1993
Year built
One
Levels
$2,421
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$21,664 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$21,664/mo
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
$2,421 vs $262
Days on market
272 vs 41 typical
Where $2,421/sqft sits among the 54 Morriston actives
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
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
$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 863% above the MORRISTON 32668 median. See the full Morriston market guide →
Paper trail
This home's history
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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 18800 SE 47TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 18800 SE 47TH PLACE — 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.
Straight answers
18800 SE 47TH PLACE FAQs
What would the monthly payment be for 18800 SE 47TH PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $21,664/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 18800 SE 47TH PLACE?+
The most recent tax bill on record (2024) was $4,584. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Morriston?+
At $3,660,000, this home is listed about 632% 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
$3,660,000 runs 863% above the MORRISTON 32668 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
272 days on market against a Morriston median of 41 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of PEGASUS REALTY & ASSOC INC · George De Benedicty. MLS #OM712721.
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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