CENTURY 21 Edge
$399,990$499,000$3,008 /mo all-in ↓

16070 SE 55 AVE RD, SUMMERFIELD, FL, 34491

Active876 days on marketListed Mar 13, 2024MLS #OM674734

Reduced $99K

About this home

16070 SE 55 AVE RD

Build your castle in the most exquisite gated community on 10+ acres A1 zoned.

Facts & features

The home at a glance

10.9 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2024)$3,800/yr

Utilities & systems

UtilitiesOther
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,008 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,355
FHA mortgage insurance (est.)$177
Property tax — 2024 actual bill$317
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $14,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $14,000
Interest rate6.00%
Loan term

Estimated payment

$3,008/mo

Principal & interest$2,355
FHA mortgage insurance (est.)$177
Property taxes (actual bill)$317
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Summerfield

Map of 16070 SE 55 AVE RD

Drive times from this address

Downtown Orlando75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Summerfield. See the full Summerfield guide →

SUMMERFIELD 34491 — neighborhood snapshot

Population

32,369

Median age

54.4

Median income

$65,900

Median home value

$253,100

Avg household

2.3

Households w/ children

2,632

For the school run

Marion County School District

MiddleLake Weir Middle School★★★★
ElementaryHarbour View Elementary School★★★★★
HighLake Weir High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Summerfield market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$279K$276K

Summerfield median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 45% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →

Paper trail

This home's history

CurrentPrice reduced to $399,990 $99K
Mar 13, 2024Listed at $499,000 · 876 days on market since

Reality check

What actually sold near 16070 SE 55 AVE RD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

525 MARION OAKS BOULEVARDSold · May ’26

$110,000

525 MARION OAKS BOULEVARD

2 bd · 2 ba · 858 sqft · $128/sqft · 4 DOM

16802 SW 44TH CIRCLESold · Nov ’25

$196,900

16802 SW 44TH CIRCLE

3 bd · 2 ba · 1,089 sqft · $181/sqft · 20 DOM

523 MARION OAKS BOULEVARDSold · Mar ’26

$255,900

523 MARION OAKS BOULEVARD

3 bd · 2 ba · 1,211 sqft · $211/sqft · 505 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Bridget McLennon

Your agent

Bridget McLennon

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 16070 SE 55 AVE RD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 16070 SE 55 AVE RD — before you fall in love.

See it in person

Schedule a tour

Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

16070 SE 55 AVE RD FAQs

What would the monthly payment be for 16070 SE 55 AVE RD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,008/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 16070 SE 55 AVE RD?+

The most recent tax bill on record (2024) was $3,800. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Summerfield?+

At $399,990, this home is listed about 38% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.

Which schools are assigned to 16070 SE 55 AVE RD?+

Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$399,990 runs 45% above the SUMMERFIELD 34491 median.

02Time on market is leverage

876 days on market against a Summerfield median of 51 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $499,000, now $399,990 — a $99K cut. The full history is in the market section below.

Listing courtesy of LEGACY REALTY & ASSOCIATES · Thrifena Hussain. MLS #OM674734.

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

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