BACK ON MARKET! Buyer financing fell through! PRICE REDUCTION!! MOTIVATED SELLER!! Welcome home to the vibrant 55+ community of Cherrywood Estates in the heart of Ocala! The monthly fee of $328.00 gives you exclusive access to the community swimming pool, tennis, pickle and basketball courts, shuffleboard and a great fitness center. Trash, cable TV and internet are also included. This spacious 1997 Cardinal model offers major updates including Roof (2018) and new windows (2021) desirable 3-bedroom, 2-bath split floor plan. Step inside and immediately and appreciate the cathedral ceilings that enhance the airy feel of the home. The layout provides effortless flow into the kitchen in which all the kitchen appliances convey along with the washer and dryer, complete with an inviting eat-in dining space and breakfast bar great for casual meals, morning coffee, or entertaining guests. The split-bedroom is ideal for privacy for owner and guests, with the primary suite tucked away as a peaceful retreat featuring its own en-suite bath. Two guest bedrooms are conveniently positioned on the opposite side of the home with a centrally located guest bath. Relax and unwind in the enclosed lanai or step outside to a lush landscaped sitting area ideal for weekend BBQs, quiet mornings, or tea with a good book. Cherrywood Estates offers an active lifestyle at its best, with an abundance of clubs, activities, and community events designed to keep your calendar as full as you’d like. Conveniently located near the Ocala Equestrian Center that includes all the shops, dining, and everyday essentials, plus less than an hour from Crystal River, where you can enjoy Florida’s beautiful Gulf Coast and experience the famous manatees. Schedule a tour in this priced to sell move in ready home.
Single-familyProperty Type
1997Year Built
10,019 sq ftLot Size
$128Price/Sq.Ft.
$328/moHOA Dues
2 car garageParking
Listed by Mary Yochheim• RE/MAX FOXFIRE - SUMMERFIELD
Listed by Michael Huculak• PREFERRED RE BROKERS III
THIS LOVELY CARDINAL II MODEL HOME HAS BEEN BEAUTIFULLY CARED FOR AND IT SHOWS. THE LIVING ROOM, KITCHEN AND FORMAL DINING ROOM ALL OPEN TO EACH OTHER. (CATHEDRAL CEILINGS) FRENCH DOOR ACCESS FROM THE DINING ROOM TO THE ENCLOSED FLORIDA ROOM (ACRYLIC SLIDER WINDOWS) WHERE YOU WILL ENJOY MORNING COFFEES AND VIEWS TO THE PRIVATE BACKYARD. LAUNDRY ROOM EQUIPPED WITH WASHER AND DRYER AND UPRIGHT FREEZER ALONG WITH ACCESS TO THE TWO CAR GARAGE. MASTER BEDROOM FEATURES PRIVATE BATH WITH TILED SHOWER AND WALK IN CLOSET. THERE ARE TWO ADDITIONAL BEDROOMS AND GUEST BATH. NEW ROOF INSTALLED 2018 WITH 50 YEAR GUARANTEE. AC REPLACED 2011. ALL IN ALL THIS HOME IS EXACTLY WHAT YOU NEED!
Public Records
May 5, 2003
Sold
$108,000
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,730 (+16.0%)
2024
$1,492 (+2.9%)
2023
$1,450 (+3.2%)
2022
$1,405 (+0.7%)
2021
$1,396 (+1.0%)
2020
$1,382 (+1.9%)
2019
$1,356 (+64.5%)
2018
$825 (+0.6%)
$9,680 + $92,656
$102,336
2017
$819 (+2.7%)
2016
$798 (−0.1%)
2015
$799 (+5.0%)
2014
$761
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,487
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,487
Year built
1997
Style
Single Family Residential
County
Marion County
APN
35680-002-04
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
R-1
Single Family Dwelling
The Single Family Dwelling Classification is intended to provide areas for medium density residential development.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Other
Museum / gallery
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 108° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ocala, FL • 34476
Average low and high temperatures (°F)
67
42
74
49
80
55
85
61
90
69
91
72
91
74
91
75
89
73
82
64
78
55
72
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10086 SW 62nd Terrace Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $190,000 and $235,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $235K.