9 months on rocket

0 NE 16th Ter, Ocala, FL, 34479

$499,000

2.75 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #FC297746
Lot Size2.75 Acres
StatusActive

About 0 NE 16th Ter

Welcome to Jumbolair Aviation Estates! One of the longest private runways can accommodate aircraft with a weight limit up to 60,000 lbs. Skip the lines at the airport and enjoy the convenience of flying direct to your dream home and hangar. The lot is 235' x 510' (Lot 8 / Unit 1). This gated HOA community offers access to a 7,550' x 200 paved and lighted airstrip with VASI and PAPI Systems and a secondary 3,600' grass runway. If you are an equestrian, the World Equestrian Center is located approximately 15 miles away. Jumbolair Aviation Estates is a gated community, and an appointment is required for showings. There is an Annual Reserve Assessment of $8,450 ($725 taxi ways & streets and $7,725 for Runway). The HOA Operating Budget HOA Fee of $5,778 annually.

Property Details

Property Features

Listing Office:

  • Office Name: CRESCENT BEACH REALTY OF ST AUGUSTINE
  • Listing Agent: S. Jill Mangum

Lot Features

Lot Information:

  • Lot Size: 2.75 Acres

Other

Directions Information:

  • Directions: I-75 to Ocala, exit 358, State Rd 326 east to Jacksonville Rd North to Jumbolair entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

HOA Fees:

  • Amount: $5778
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

Med. Sold Price

$282.8K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

436

0 NE 16th Ter vs Ocala

296 DAYS ON ROCKET

+231 Days

$499,000

+$216.1K More

KEY TAKEAWAY

This property is $216.1K more than the Median Sold Price in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #FC297746

Listing Office:

  • Office Name: CRESCENT BEACH REALTY OF ST AUGUSTINE
  • Listing Agent: S. Jill Mangum

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-520292
5
/10
  • Anthony Elementary School

  • 9501 NE Jacksonville Rd

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-520293
4
/10
  • Ocala Springs Elementary School

  • 5757 NE 40th Avenue Rd

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-520294
3
/10
  • Oakcrest Elementary School

  • 1112 NE 28th St

  • 4.14 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,083. Residents of Ocala, FL typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Ocala, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ocala, FL?

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

Is Ocala, FL a good place to live?

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Are things conveniently located in Ocala, FL?

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

What does the transportation in Ocala, FL look like?

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

Frequently Asked Questions About 0 NE 16th Ter

What is the listing price of this property?

The listing price of 0 NE 16th Ter property is $499,000.

What type of property is this?

The property 0 NE 16th Ter is land located in Ocala, Florida, 34479.

Is this property for sale now?

Active Listing: 0 NE 16th Ter is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 NE 16th Ter is 2.75 acres.
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Rocket HomesFloridaMarion CountyOcala344790 NE 16th Ter

This home is located at 0 NE 16th Ter in Ocala, FL and zip code 34479. This home sits on a 2.75 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $499,000.

Ocala, FL housing market in October 2024 saw over 51 listings sold above listed price, more than 144 sold at listed price and over 241 sold below. In October 2024 in Ocala, FL there were 0.6% more homes for sale than in September 2024. Listings spent 65 days on the market in October 2024, and had a median list price of $282,826 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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