11851 SE 138TH TERRACE, OCKLAWAHA, FL, 32179
Active40 days on marketListed Sep 2, 2026MLS #A4704840
About this home
11851 SE 138TH TERRACE
3.41-acre R-1 residential investment and development opportunity consisting of three original platted lots – Lots 10, 11 and 14 of Lake Weir Washington Park. Marion County Planning & Zoning has confirmed the property may be separated back into its three original parcels, creating multiple potential development and exit strategies. County staff also confirmed potential for a primary residence on each properly separated parcel, subject to applicable permitting and development requirements. Keep the full 3.41 acres, separate one lot while retaining two together, or explore restoring all three original parcels. Buyer to independently verify intended use, utilities, septic/well requirements and development feasibility with the appropriate agencies.
Facts & features
The home at a glance
3.41 ac
Lot size
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.
$834 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$834/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Where it sits
Inside Ocklawaha
Get to know Ocklawaha. See the full Ocklawaha guide →
OCKLAWAHA 32179 — neighborhood snapshot
Population
9,051
Median age
46.8
Median income
$48,214
Median home value
$162,700
Avg household
2.38
Households w/ children
872
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocklawaha market
$250K → $240K
Ocklawaha median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
Median sold price, Ocklawaha, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 171% above the OCKLAWAHA 32179 median. See the full Ocklawaha market guide →
Paper trail
This home's history
Reality check
What actually sold near 11851 SE 138TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$75,000
12710 SE 143RD COURT
2 bd · 2 ba · 672 sqft · $112/sqft · 282 DOM
Sold · Aug ’26$210,185
12369 SE 130TH COURT
2 bd · 1 ba · 948 sqft · $222/sqft · 54 DOM
Sold · Aug ’26$89,000
13478 SE 122ND PLACE
2 bd · 2 ba · 960 sqft · $93/sqft · 3 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.
Your agent
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 11851 SE 138TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11851 SE 138TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
11851 SE 138TH TERRACE FAQs
What would the monthly payment be for 11851 SE 138TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $834/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 11851 SE 138TH TERRACE?+
The most recent tax bill on record (2025) was $878. 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 Ocklawaha?+
At $95,000, this home is listed about 65% below the Ocklawaha median of $267,995. The market section on this page shows how the area is trending.
Which schools are assigned to 11851 SE 138TH TERRACE?+
Stanton-Weirsdale Elementary School (elementary), Lake Weir High School (high), Lake Weir Middle School (middle) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$95,000 runs 171% above the OCKLAWAHA 32179 median.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03The price has already moved
Listed at $119,000, now $95,000 — a $24K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of STARLINK REALTY · Arturo Sanchez Caram, PA. MLS #A4704840.
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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