7505 NW 137TH AVENUE Morriston, FL $ 850,000
7505 NW 137TH AVENUE
$ 850,000
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7505 NW 137TH AVENUE

Morriston, FL, 32668
$ 850,000
Bedrooms7 Baths6.0 Sq 2,734

Monthly Estimate*

$ 5,303

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Single Family Home for sale in Morriston, FL

for $850,000 with 7 bedrooms and 6 full baths. This 2,734 square foot home was built in 1943 on a lot size of 9.95.

7505 NW 137th Avenue, Morriston, FL 32668 10 Acres | Zoned A-1 | Heart of Ocala’s Equestrian Country Nestled along a quiet private road just minutes from the gates of HITS and the World Equestrian Center, this 10-acre farmstead offers one of the most desirable locations in Marion County’s horse country. A rare opportunity for those who value privacy, heritage, and potential — this property is ready for its next chapter. Once home to a beloved local family for decades, this farm has witnessed the remarkable growth of the Ocala equestrian community. The land holds charm and history — and now awaits new vision. The property features a quaint country cottage full of character, alongside a mobile home currently generating income through multiple room rentals. Whether you’re looking to restore the cottage into a storybook retreat or design your own custom equestrian estate, the possibilities are endless under A-1 zoning. Zoning (A-1) Permits: Private equestrian facilities and barns Agricultural uses (horses, cattle, crops) Guest homes and farm employee housing Short-term or long-term rentals Farm-based business opportunities (boarding, training, or agri-tourism— county approval) With its prime location, high-value land, and versatile A-1 zoning, this property offers both emotional appeal and smart investment potential. Keep it as-is for steady income while planning your dream farm — or transform it into a boutique equestrian haven that capitalizes on the surrounding multi-million-dollar farms and event traffic from HITS and WEC. Highlights: 10 beautiful acres on a quiet private road Minutes from HITS, WEC, and Ocala’s top equestrian venues Two dwellings: charming cottage + income-producing mobile home Zoned A-1 for flexibility and equestrian use Exceptional location surrounded by premier farms. Seller may consider Owner financing! A rare opportunity to create or capitalize in the heart of Horse Country

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Single Family Active

Price

$ 850,000

Bedrooms

7

Full Bath

6

Property Type

Single Family

Taxes

$ 2,185

Style

Farm

Lot Size

9.95

Year Built

1943

Town/City

Morriston

County/Region

Levy

MLS | Web ID

OM712254

Features
Interior
Interior Amenities living room/dining room combo primary bedroom main floor window treatments
Flooring laminate linoleum
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 0
Laundry Features laundry room outside
Total Bedrooms 7
Total Baths 6
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General
Sewer septic tank
Heating central electric
Cooling central air
Utilities cable available electricity connected public
Roof other
Appliances electric water heater microwave range refrigerator washer
Zoning a1
Construction Materials other
Year Built 1943
Levels one
Property Subtype farm
Tax Year 2024
Current Use horses
Ownership fee simple
County marion
New Construction no
Property Type residential
HOA N
Subdivision Name none
Facing Direction northwest
Garage Y/N no
Total Rooms 4
Full Baths 6
Status active
Directions from hwy 27 go west to 326 turn left to nw 137 ave turn left go a mile you will see a green sign on left seven wishes farm turn left on that sign private road to property on right
City morriston
Senior Community Y/N no
MLS Area 32668 - morriston
Lot Size Units acres
Lot Size Square Feet 433422
Carport Y/N no
Land Lease Y/N no
Tax Annual Amount 2185.33
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/om712254
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type tenant
Tax Lot 20
Legal Description sec 19 twp 14 rge 20 com at se cor of ne 1/4 of nw 1/4 of sec 19 th n 89-14-13 e 936.74 ft th n 00-27-43 w 250 ft th s 89-15-05 w 507.86 ft to pob th n 00-17-23 w 1020.96 ft th s 89-09-39 w 438.30 ft
Minimum Lease no minimum
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
DockY/N no
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Exterior
Exterior Amenities lighting other
Water Source well
Lot Size Area 9.95
Foundation Details concrete perimeter
Building Area Total 2734
Lot Size Acres 9.95
Road Surface Type asphalt paved
Private Pool no
Waterfront Y/N no
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Internal Only
Street Number 1 7505
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* Excluded Features
List By
The Keyes Company

Broker

elitor@yahoo.com

Email

Affordability Calculator

$5,485
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,303
Monthly Property Taxes
$182
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$850,000 Listed Price

Map


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7505 NW 137TH AVENUE, Morriston, FL, 32668 is a Single Family Home for sale at $850,000 with 2,734 sqft and a lot size of 9.95. 7505 NW 137TH AVENUE has 7 bedrooms, 6.0 baths, and was built in 1943. The property's zip code is 32668 which is in Morriston, FL