10987 SW 86TH TERRACE, OCALA, FL, 34481
Active269 days on marketListed Nov 14, 2025MLS #OM713507
About this home
10987 SW 86TH TERRACE
Welcome to Oak Run! This community isn’t just where you live, it’s where life happens. Come see why this home in Oak Run is where your next chapter awaits! This Magnolia 2-bedroom split floor plan is a favorite among buyers! Each bedroom is considered a master bedroom with its own private bath and large master closets. Once you arrive you will be enchanted by corner lot, the view and spaciously covered front porch to have a place for your morning coffee. Step into the home and discover an inviting open concept of the Living & Dining Room that enhances the sense of space and comfort. You will notice the combination of carpet and laminate (wood-like) flooring throughout the home and tile in both bathrooms. The Primary Master bedroom is located on the right side of home with a bay window that brings in plenty of light. Hallway with sliding doors for closet on both sides, door at the end of hallway leads to Master bath with double vanity, tub and shower combo. Bathroom door open to Living Room with Kitchen entry on right. Kitchen has dome lighting and fan, upgraded appliances, plenty of cabinet storage, tile countertop and back splash and waterproof luxury vinyl plank flooring. Next to the Kitchen is the Dining Room with a pass-through window to the Kitchen. Left side of Living room you will see the second Master Suite with walk in closet, sliding doors to Family Room, hallway with a single vanity & mirror for makeup/dressing area, door to single vanity with step in shower. Sliding Doors off Living Room to Florida Room. This room can be used for relaxing in, watching Sunday football or just reading or me time. Exit door to backyard to a concrete stone patio for entertaining those evenings with cookouts or relax and enjoy a glass of wine overlooking your private and pristine landscaping backyard. (HOME IS COMPLETELY VACANT NOW AND READY FOR NEW OWNER)
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,432
Sqft
0.16 ac
Lot size
2
Garage
1987
Year built
One
Levels
$136
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 and the real association fee — not generic estimates.
$1,780 /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
$1,780/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.
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.
vs edgeAI estimate
−2.9%
$/sqft vs Ocala actives
$136 vs $187
Days on market
269 vs 53 typical
Where $136/sqft sits among the 400 Ocala 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 Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34481 — neighborhood snapshot
Population
25,668
Median age
68.5
Median income
$54,639
Median home value
$213,000
Avg household
1.9
Households w/ children
978
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $285K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
172 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 15% below the OCALA 34481 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 10987 SW 86TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$165,000
8051 SW 115 LOOP
2 bd · 2 ba · 1,460 sqft · $113/sqft · 66 DOM
Sold · Dec ’25$220,000
8291 SW 115TH PLACE
2 bd · 2 ba · 1,403 sqft · $157/sqft · 27 DOM
Sold · Dec ’25$224,000
8870 SW 115TH STREET
2 bd · 2 ba · 1,480 sqft · $151/sqft · 6 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
Yumiko Sugawara
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 10987 SW 86TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 10987 SW 86TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
10987 SW 86TH TERRACE FAQs
What would the monthly payment be for 10987 SW 86TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,780/mo — principal and interest, the actual property-tax bill, the $146/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 10987 SW 86TH TERRACE?+
The association fee works out to $146 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 10987 SW 86TH TERRACE?+
The most recent tax bill on record (2024) was $2,885. 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 10987 SW 86TH TERRACE?+
The listing reports pets: Cats OK, Dogs OK, Number Limit. 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 Ocala?+
At $194,900, this home is listed about 35% below the Ocala median of $298,888. The market section on this page shows how the area is trending.
Which schools are assigned to 10987 SW 86TH TERRACE?+
Dunnellon High School (high), Dunnellon Elementary School (elementary), Dunnellon 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
01Under the OCALA 34481 market on paper
$194,900 is 15% below the OCALA 34481 median of $229,950, and at $136/sqft it sits under the Ocala average of $206.
02Time on market is leverage
269 days on market against a Ocala median of 53 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $223,500, now $194,900 — a $29K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX FOXFIRE - HWY200/103 S · Ron Viola. MLS #OM713507.
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.
Never miss a listing
New Ocala homes, in your inbox
Like 10987 SW 86TH TERRACE but not quite? A daily digest of every new listing in Ocala — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Yumiko to ping you on any price or status change →