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Property Description & Video
10516 SW 27th Avenue, Ocala, FLVideo Tour of 10516 SW 27th Avenue, Ocala, FL.
Situated within the gated equestrian community of Lexington Downs, this 6+ acre farm is ideally located just 5 minutes from the Florida Horse Park and the Cross Florida Greenway's miles of trails. Fenced and gated with white four-board fencing reminiscent of Lexington, Kentucky, the property rests on a spacious corner lot. Mature landscaping, lush yards, and an eye-catching design give the exterior of the home plenty of curb appeal. Inside, the 4-bedroom, 3-bath home is incredibly bright and inviting with high ceilings, large windows, elegant pillars, and porcelain tile flooring that runs throughout. The spacious kitchen features solid wood cabinetry, expansive quartz countertops, stainless steel appliances, tiled backsplash, a breakfast bar, and a lovely breakfast nook enhanced by three arched windows. Both the family room and the main living area feature stunning floor-to-ceiling fireplaces, adding both warmth and charm. Each of the bedrooms are spacious and thoughtfully appointed, but the primary suite is extra inviting with an extra-large layout that includes a dedicated seating area overlooking the patio and surrounding farm, a huge bedroom-sized walk-in closet with a solid maple closet system, and a recently updated en-suite with a walk-in shower with dual shower heads and dual vanities. Additional spaces of note include the thoughtfully appointed laundry room, a flex-room that is currently used as a home gym, and an oversized garage that comfortably accommodates two vehicles and a golf cart. Outside, the back of the home features a fully screen-enclosed lanai and an expansive patio area ideal for entertaining and enjoying the year-round warm weather. Nearby is a newer custom 4-stall center-aisle barn designed with daily use in mind with adjustable stall dividers, a spacious feed room, an oversized tongue-and-groove lined tack room with built-in cabinetry and counter space for thoughtful storage and organization options, and a wash rack with hot-water. 4 paddocks are established throughout the property, offering ample space for training, grazing, and riding. Located just a short drive from Downtown Ocala's variety of shopping, dining, entertainment, and medical options and convenient to I-75, this farm provides an ideal location for those looking to get the most out of Central Florida. Blending thoughtful design with exceptional functionality, this farm offers a rare opportunity to experience refined equestrian living in Ocala.
Full Property Details
Full Property Details for 10516 SW 27th Ave
General
- Price: $1,399,000
- HOA FEE: $200/month
- Taxes: $10,945 (2025)
- Status: Active
- Type: Farms/Ranches
- Source: MidFloridaRegionalMLS
- MLS ID: OM720457
- Updated: 3/17/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Coffered Ceiling(s), Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room
- Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Water Filtration System, Water Softener, Whole House R.O. System
- Furnishings: Unfurnished
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Gated Community, Security Gate, Security Lights, Security System, Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors
- Deck/Patio: Covered, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener, Oversized
Location
- Area: 34476 - Ocala
- County: Marion
- Development Name: 34476 - Ocala
- Subdivision: LEXINGTON DOWNS
- Driving Directions: Head south on SW 27th Ave toward SW 66th St Turn right Destination will be on the right 10516 SW 27th Ave Ocala, FL 34476
- Direction Faces: South
Community
- Community Name: 34476 - Ocala
- Community Features: Deed Restrictions, Gated Community - No Guard, Horses Allowed
- Association: Yes
- Assoc. Name: Lexington Downs/Marco Marit
- Number of Pets: 10
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Street Lights, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Stucco
- Roof: Shingle
- Windows: ENERGY STAR Qualified Windows, Shutters, Tinted Windows
- Stories/Levels: One
- Square Feet: 3,369
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Horses
- Year Built: 2005
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 6.03
- Lot Size (Sq. Ft.): 262,667
- Lot Size: 6.03
- Frontage: Street Dead-End, Street Paved, Private Road
- Street/Road Desc.: Paved
- Fencing (Description): Electric, Fenced
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $10,945.47
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 26 TWP 16 RGE 21 PARCEL 2 BEING MORE PARTICULARLY DESC AS : COM NE COR OF SE 1/4 TH N 88-52-03 W 40 FT TH S 01-02-36 W 40 FT TO POB TH N 88-52-03 W 1323.79 FT TH N 01-06-34 E 603.87 FT TH N 88-47-51 W 582.49 FT S 01-09-30 W 339.57 FT TH S 88-52-0 3 E 542.66 FT TH S 01-06-34 W 305 FT TH S 88-52-03 E 1363.83 FT TH N 01-02-36 E 40 FT TO POB
- Flood Zone Info: X
- APN: 3577004802
- Property ID: 3577004802
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Schools
Schools serving 10516 SW 27th Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Hammett Bowen Jr. Elementary School 4397 Southwest 95th Street, Ocala, FL 34476 | PK-5 | 1.7 mi |
Horizon Academy At Marion Oaks 365 Marion Oaks Drive, Ocala, FL 34473 | 6-8 | 4.6 mi |
West Port High School 3733 Southwest 80th Avenue, Ocala, FL 34481 | 9-12 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10516 SW 27th Ave
Date
Details
Price
Change
Source
3/13/2026
Listed
$1,399,000
111.17%
MLS
11/06/2024
Sold
$662,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10516 SW 27th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,945
103%
$679,608
86%
2024
$5,398
2%
$366,095
3%
2023
$5,270
3%
$355,432
6%
2021
$5,141
—
$335,029
-3%
2022
$5,133
—
$345,080
4%
2021
$5,141
2%
$330,403
2%
2019
$5,033
6%
$322,975
2%
2018
$4,763
7%
$316,953
7%
2017
$4,461
1%
$297,075
2%
2016
$4,406
-1%
$290,965
1%
2015
$4,443
6%
$288,942
1%
2014
$4,180
3%
$286,649
1%
2013
$4,066
—
$282,413
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10516 SW 27th Ave
10516 SW 27th Avenue, Ocala, FL 34476 (MLS# OM720457) is a Farms/Ranches property with 3 bedrooms and 3 full bathrooms. 10516 SW 27th Avenue is currently listed for $1,399,000 and was received on March 13, 2026. Want to learn more about 10516 SW 27th Avenue? Do you have questions about finding other Farms/Ranches real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

