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$225,000
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Property Description
One or more photo(s) has been virtually staged. Welcome to this beautifully maintained, turn-key 3-bedroom, 2-bath home located in the highly sought-after Palm Cay subdivision, one of Ocala's premier gated 55+ communities. Situated on a spacious corner lot, this well-appointed home features beautiful luxury vinyl wood flooring throughout, granite countertops, abundant natural light, and a functional split floor plan designed for comfortable living. Recent updates include fresh interior paint in a neutral color palette, new custom blinds, a new water heater, complete home re-piping, and all new faucets throughout the home. Additional features include a quiet and energy-efficient Bosch dishwasher, synced smoke detectors, touchless sensor kitchen sink faucet, and yard irrigation system. Enjoy relaxing mornings or evenings from the charming front porch with pull-down screen enclosure or unwind in the enclosed rear lanai offering added privacy and tranquility along the tree-lined rear entrance of the community. The spacious 2-car garage also includes a bonus workshop area ideal for hobbies, projects, or additional storage. Conveniently located near the community entrance with easy access to Hwy 200, shopping, dining, medical facilities, pharmacies, and hospitals. Palm Cay offers affordable HOA fees and an impressive list of amenities including a gated entrance with 24-hour security, large community pool, tennis courts, clubhouse with activities calendar, library, billiard room, card room, arts and crafts room, bocce ball, shuffleboard, and RV parking. Located in Ocala/Marion County, consistently ranked among the top places to live in the county.
Full Property Details
Full Property Details for 10668 SW 85th Terrace
General
- Price: $225,000
- HOA FEE: $123/month
- Taxes: $2,696 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM724491
- Updated: 5/14/2026
- Added to Site: 10 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34481 - Ocala
- County: Marion
- Development Name: 34481 - Ocala
- Subdivision: PALM CAY
- Driving Directions: From Sr 200 and SW 106th place, go East on SW 106th place for 1/4 mile. Turn right on SW 85th Terrace. It's the first home on the right.
- Direction Faces: East
Community
- Community Name: 34481 - Ocala
- Optional Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, T
- Association: Yes
- Assoc. Name: Palm Cay Operations
- Assoc. Fees Include: 24-Hour Guard
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Water Available, Water Connected
Structural Information
- Exterior Const.: Metal Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,404
- Sq. Ft. Source: Public Records
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Size: 13068
- Lot Dimensions: 105 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $123
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $2,696.74
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 26 TWP 16 RGE 20 PLAT BOOK Y PAGE 049 PALM CAY BLK F LOT 1
- Flood Zone Info: X
- APN: 3577300601
- Property ID: 3577300601
- Block/Lot/Section: F
Listed by Gailey Enterprises Real Estate
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Schools
Schools serving 10668 SW 85th Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Marion Oaks Elementary School 280 Marion Oaks Trail, Ocala, FL 34473 | PK-5 | 4.7 mi |
Horizon Academy At Marion Oaks 365 Marion Oaks Drive, Ocala, FL 34473 | 6-8 | 6.1 mi |
West Port High School 3733 Southwest 80th Avenue, Ocala, FL 34481 | 9-12 | 5.9 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 10668 SW 85th Terrace
Date
Details
Price
Change
Source
5/12/2026
Listed
$225,000
-87.87%
MLS
12/15/2023
Sold
$1,855,000
—
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 10668 SW 85th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,697
9%
$187,305
2%
2024
$2,477
-1%
$183,987
3%
2023
$2,490
192%
$178,628
140%
2022
$853
-1%
$74,485
3%
2021
$862
—
$72,316
1%
2021
$862
1%
$71,318
2%
2019
$857
3%
$69,715
2%
2018
$829
1%
$68,415
2%
2017
$824
19%
$67,008
29%
2016
$694
—
$51,828
1%
2015
$692
4%
$51,468
1%
2014
$666
—
$51,060
—
2013
$663
—
$51,256
—
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 10668 SW 85th Terrace
10668 SW 85th Terrace, Ocala, FL 34481 (MLS# OM724491) is a Single Family property with 3 bedrooms and 2 full bathrooms. 10668 SW 85th Terrace is currently listed for $225,000 and was received on May 12, 2026. Want to learn more about 10668 SW 85th Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

