Cherrywood Estates Homes for Sale

Cherrywood Estates is a residential community in Ocala, Florida.

Pure Equity Realty covers Cherrywood Estates and the Ocala area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Cherrywood Estates Ocala homes for sale as of October 2026. The median asking price is $220,000.

That is 34% below the Ocala median of $333,000. On a per-foot basis, homes here ask about $159 per square foot, compared with $184 across Ocala. So the median price buys roughly 1,400 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 145 days on the market. That tracks the Ocala average of 172 days, so pricing and terms follow the wider city market.

Homes listed in Cherrywood Estates date from 2002, so they are about 24 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Cherrywood Estates price means in Florida closing terms. At $220,000, a 20% down payment comes to about $44,000, leaving a loan near $176,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $616. Next, the intangible tax of 0.2% adds about $352. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Cherrywood Estates median, that is about $1,540.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.