$449,900
$49K PRICE DROP

0 NE 16th Terrace Unit MFRFC297746 Ocala, FL 34479

Estimated payment $3,191/month

Total Views 8,949
2.75 Acres
$163,600 Price per Acre
119,790 Sq Ft Lot

Highlights

  • Airport or Runway
  • 2.75 Acre Lot
  • Security Service
  • Gated Community

About This Lot

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.

Listing Agent

Jill Mangum

CRESCENT BEACH REALTY OF ST AUGUSTINE License #3263849 Listed on: 01/30/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,947

Lot Details

  • 2.75 Acre Lot
  • Lot Dimensions are 235x510
  • Property is zoned A3

HOA Fees

  • $482 Monthly HOA Fees

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 14598-001-08

Community Details

Overview

  • Association fees include private road, security
  • $704 Other Monthly Fees
  • Admin Association
  • Jumbolair Association
  • Jumbolair Aviation Estate Subdivision

Amenities

  • Airport or Runway

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,947

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • HOA Fee Includes: Other, Private Road, Security
  • Property Type: Land
  • Lot Size Acres: 2.75
  • Lot Size Sq Ft: 119790
  • Directions to Property: I-75 to Ocala, exit 358, State Rd 326 east to Jacksonville Rd North to Jumbolair entrance.
  • Status: Active
  • Street Direction: NE
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 579203119
  • RATIO Current Price By Calculate: 3.76
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Other Fees Amount: 8450
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 0

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 163600

Utilities

  • Utilities: Other
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Airport/Runway, Gated Community - No Guard
  • Association Amenities: Airport/Runway, Security
  • Association Fee: 5778
  • Association Fee Frequency: Annually
  • Association Name: Admin
  • Association: Yes
  • Security: Gated Community
  • Association: Jumbolair
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 14228.00
  • Total Monthly Fees: 1185.67
  • Other Fees Term: Annual
  • Monthly HOA Amount: 481.50

Lot Info

  • Zoning: A3
  • Parcel Number: 14598-001-08
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 235x510
  • Flood Zone Code: N/A
  • Lot Size Square Meters: 11129

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2946.94
  • Tax Block: A
  • Tax Book Number: 007-135JUMBOLA
  • Tax Lot: 8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Price Changed $449,900 -9.8% --
01/30/2024 01/30/24 For Sale $499,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: FC297746

Stellar MLS

Florida Marion County Ocala 32617

0 NE 16th Terrace Unit MFRFC297746, Ocala, FL

This home is located at 0 NE 16th Terrace Unit MFRFC297746, Ocala, FL 34479 and is currently priced at $449,900. 0 NE 16th Terrace Unit MFRFC297746 is a home located in Marion County with nearby schools including Anthony Elementary School, North Marion Middle School, and North Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Jill Mangum
Listing Agent
Jill Mangum
Section Image
CRESCENT BEACH REALTY OF ST AUGUSTINE
(352) 703-5601