5720 NW 16th PLACE Ocala, FL $ 340,000
5720 NW 16th PLACE
$ 340,000
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5720 NW 16th PLACE

Ocala, FL, 34482
$ 340,000
Bedrooms4 Baths3.0 Sq 1,850

Monthly Estimate*

$ 2,375

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Single Family Home for sale in Ocala, FL

for $340,000 with 4 bedrooms and 3 full baths. This 1,850 square foot home was built in 1980 on a lot size of 1.55.

Under contract-accepting backup offers. Welcome to one of Ocala's most unique opportunities to purchase a private 1.5+ acre estate with a 3 bedroom, 2 bth home, a detatched workshop/garage with a 1/1 in-law suite, plus 6 additional buildable lots which can be easily split and sold/developed, or kept for additional privacy or income producing opportunities. This property has an exceptionally convenient location with the Ocala World Equestrian Center, Ocala International Airport, Publix, HCA Florida Hospital, multiple golf courses and a movie theatre within just a couple miles. Approaching the property you'll notice the home site and additional lots are all High and Dry with a mix of cleared living area and natural Florida woodland. Enter the concrete block home under a covered front porch to find a generous main living space with modern vinyl flooring. The kitchen is fully equipped with real wood cabinets, stainless steel refrigerator, dishwasher, range, and stainless range hood. A formal dining room is light and bright with backyard views through a sliding glass door, centered around a stained glass chandelier. The bedrooms and bathrooms are generously sized and thoughtfully laid out to accommodate households of all sizes. The detached garage is an equally impressive concrete block and fully permitted structure with a 1 car garage, large workspace, and 1 bed, 1 bath separate living unit which had been leased in the past for $800/month. Marion County employees have confirmed that the 6 additional lots included with this sale can be split off without any application or approval process required. This home qualifies for FHA, VA, and USDA financing, or use conventional financing or cash. Call today to schedule your showing for this unique, move-in ready home. Two sheds located on the property must be purchased separately or will be removed prior to closing.

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Single Family Pending

Price

$ 340,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 1,382

Style

Florida,Ranch,Traditional

Lot Size

1.55

Year Built

1980

Town/City

Ocala

County/Region

Marion

MLS | Web ID

O6153693

Features
General
Interior Features Ceiling Fan(s) Living Room/Dining Room Combo Primary Bedroom Main Floor Solid Wood Cabinets Thermostat Window Treatments
Sewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Electricity Connected
Roof Shingle
Appliances Dishwasher Electric Water Heater Range Refrigerator
Exterior Features Lighting Rain Gutters
Zoning R2
Garage Spaces 1
Patio/Porch Features Front Porch Patio
Architectural Style Florida Ranch Traditional
Construction Materials Block
Pets Allowed Yes
Year Built 1980
View Trees/Woods
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
Community Features Golf Carts OK Horses Allowed
County Marion
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name OCALA RDG UN 13
Facing Direction North
Garage Y/N Yes
Other Structures Guest House Other Shed(s) Workshop
Total Rooms 3
Status Pending
Directions FROM HWY 40 TURN NORTH ONTO NW 60TH AVE THEN TURN RIGHT ONTO NW 16TH PLACE HOME WILL BE ON YOUR RIGHT LAST PROPERTY ON THE STREET.
High School West Port High School
City OCALA
Buyer Agent Compensation 2.5%-$395
Senior Community Y/N No
MLS Area 34482 - Ocala
Lot Size Square Feet 67518
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 16th
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School College Park Elementary School
Tax Annual Amount 1382
Middle/Junior High School Liberty Middle School
Property Condition Completed
Public Remarks Under contract-accepting backup offers. Welcome to one of Ocala's most unique opportunities to purchase a private 1.5+ acre estate with a 3 bedroom 2 bth home a detatched workshop/garage with a 1/1 i
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6153693
Days on Market 172
Standard Status Pending
Tax Lot 29
Legal Description SEC 09 TWP 15 RGE 21 PLAT BOOK G PAGE 094 OCALA RIDGE UNIT 13 BLK 3 LOTS 29 THRU 55
Minimum Lease 6 Months
Water Access Y/N No
Additional Rooms Family Room Garage Apartment Interior In-Law Suite w/Private Entry
Water View Y/N No
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Interior
Flooring Carpet Ceramic Tile Vinyl
Furnished Y/N Unfurnished
Common Walls Corner Unit End Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds Window Treatments
Fireplace Y/N No
Full Baths 3
Half Baths 0
Street Suffix PLACE
Laundry Features Inside Laundry Room
Total Bedrooms 4
Total Baths 3
Living Area Units Square Feet
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Exterior
Parking Features Bath In Garage Ground Level Off Street Open Oversized Workshop in Garage
Lot Features Cleared Corner Lot Farm Irregular Lot Level Oversized Lot Pasture Private
Water Source Well
Lot Size Area 1.55
Foundation Details Slab
Building Area Total 3272
Lot Size Acres 1.55
Road Surface Type Unimproved Dirt
Lot Size Units Acres
Covered Spaces 1
Road Frontage Type Street Unpaved
Open Parking Y/N Yes
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* Excluded Features
List By
Don Harkins Realty Llc

Broker

don@donharkinsrealty.com

Email

Affordability Calculator

$2,490
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,375
Monthly Property Taxes
$115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3324555 Elementary School
2856609 Middle School
West Port High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$340,000 -2.86% Price Down
3/8/2024$350,000 -2.51% Price Down
2/29/2024$359,000 -1.37% Price Down
2/13/2024$364,000 -1.36% Price Down
2/1/2024$369,000 -1.60% Price Down
1/8/2024$375,000 -6.02% Price Down
10/31/2023$399,000 Listed Price

Map


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5720 NW 16th PLACE, Ocala, FL, 34482 is a Single Family Home for sale at $340,000 with 1,850 sqft and a lot size of 1.55. 5720 NW 16th PLACE has 4 bedrooms, 3.0 baths, and was built in 1980. The property's zip code is 34482 which is in Ocala, FL