10820 SW 87TH TERRACE, OCALA, FL, 34481
Active106 days on marketListed Apr 23, 2026MLS #OM723247
About this home
10820 SW 87TH TERRACE
Welcome home to this beautiful meticulously maintained 2 bedroom, 2 bath home boasting 1,418 Sqft of comfortable living space in the highly sought-after 55+ active gated community of Oak Run. Inside you’ll find a bright and inviting living room with new LVP flooring throughout the main living area. Spacious kitchen with generous counter space and cabinets ideal for preparing your favorite meals. Down the hall both bedrooms are thoughtfully designed for comfort and convenience. The primary suite features an en-suite bathroom with a tile walk-in shower and a large walk-in closet. The second bedroom also includes a walk-in closet and direct access to the main guest bathroom, making it an ideal space for guests or a secondary suite. Off the living room is an expansive 12x19 Florida room equipped with heating and air conditioning, serving as a perfect area for year-round relaxation or entertaining. The adjoining screened in porch offers another lovely spot to enjoy your morning coffee or take in the sunset. Outside you will find a fully fenced in backyard ready for your furry family members. Oak Run community provides a wealth of amenities, including multiple pools, a clubhouse, dog parks, tennis and fitness clubs. With everything this home and community have you’ll enjoy the perfect blend of relaxation and an active lifestyle! Recent improvements of the home include NEW Roof in 2021, NEW HVAC in 2026, NEW Stainless Steel Appliances in 2021, NEW Washer & Dryer in 2021 and NEW LVP Flooring in 2021, plus a 1 year home warranty at closing for added peace of mind.Schedule your private showing today before its too late!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,418
Sqft
0.16 ac
Lot size
1
Garage
1986
Year built
One
Levels
$155
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.
$1,898 /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
$1,898/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
+15.4%
$/sqft vs Ocala actives
$155 vs $187
Days on market
106 vs 50 typical
Where $155/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)
163 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 4% below the OCALA 34481 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 10820 SW 87TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$169,000
8748 SW 109TH LANE · same community
2 bd · 2 ba · 1,224 sqft · $138/sqft · 37 DOM
Sold · May ’26$175,000
10898 SW 88TH COURT · same community
2 bd · 2 ba · 1,140 sqft · $154/sqft · 27 DOM
Sold · May ’26$178,000
10940 SW 87TH COURT · same community
2 bd · 2 ba · 960 sqft · $185/sqft · 2 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
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 10820 SW 87TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 10820 SW 87TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
10820 SW 87TH TERRACE FAQs
What would the monthly payment be for 10820 SW 87TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,898/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 10820 SW 87TH 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 10820 SW 87TH TERRACE?+
The most recent tax bill on record (2025) was $2,416. 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 10820 SW 87TH TERRACE?+
The listing reports pets: Cats OK, Dogs OK, 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 Ocala?+
At $219,700, this home is listed about 27% below the Ocala median of $298,939. The market section on this page shows how the area is trending.
Which schools are assigned to 10820 SW 87TH 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.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE · Alexus Macblain. MLS #OM723247.
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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