Donna Hodges

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Listing provided courtesy of Crescent Beach Realty of St Augustine- MLS# 235015MLS Provider

0 NE 16th Ter #Lot A-8Ocala, FL 34479

Vacant Land · 2.75 Acres
$449,900 Active

0 NE 16th Ter #Lot A-8 Overview

Time on Site:
1048 days
Visits:
9

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' paved and lighted runway 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) - this will be annual and undetermined on the amount of years. The HOA Operating Budget HOA Fee of $8,652.08 Annually.

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0 NE 16th Ter #Lot A-8 Facts & Features

  • Type Vacant Land
  • Lot 2.75 Acres

Details

General

Association/HOA

  • Association: Yes

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 30 - All Other Areas
  • Subdivision Name: Not Assigned-Other

General Information

  • Parcel Number: 14598-001-08
  • Property Sub Type: Lots
  • Property Type: LOTS AND LAND
  • Zoning: A3

Interior

Unit Information

  • Unit Number: Lot A-8

Exterior

Lot Information

  • Lot Size Acres: 2.75
  • Lot Size Area: 2-5 Acres
  • Lot Size Dimensions: 235 x 510

Waterfront/View

  • Waterfront: No

0 NE 16th Ter #Lot A-8 Neighborhood

Community

34479 (OCALA) Demographics

35
Median Age
798
Population Density (per sq. mile)
25%
College Educated
$42,880
Estimated Median Income
3,302
Estimated Total Home Owners
1,978
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 NE 16th Ter #Lot A-8 Monthly Cost

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Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 NE 16th Ter #Lot A-8 Market Data

Based on the last 30 days in this zip code

$422,958
Average List Price
$246
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
107
Properties for Sale
Calculations provided by Reliance Network

0 NE 16th Ter #Lot A-8 History

Date Event Value Agent
2/18/2025Source: St. Johns/St. Augustine MLS Price Reduction
$449,900 -9.8%