0 SE 61ST TERRACE ROAD UNIT 16, SUMMERFIELD, FL, 34491
Active832 days on marketListed Jul 1, 2024MLS #OM681354
About this home
0 SE 61ST TERRACE ROAD UNIT 16
OWNER FINANCING.....This 10.33-acre property in Silverleaf Hills offers a unique opportunity to build your dream home amidst a picturesque equestrian community. The land features stunning views of a small lake and McPeak's horse training track, surrounded by Granddaddy Oaks, Palms, and Pasture. With its rolling hills, charming countryside, and peaceful lakes and creeks, horseback riding trails, this property is a serene retreat just minutes away from Ocala and The Villages. With underground utilities, paved streets, gated access. This is a rare chance to own a piece of paradise. Contact us to schedule a tour today!
Facts & features
The home at a glance
10.33 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,758 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,758/mo
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
Drive times from this address
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Summerfield market
$279K → $270K
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 100% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Paper trail
This home's history
Reality check
What actually sold near 0 SE 61ST TERRACE ROAD UNIT 16
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$425,000
5401 SE 162ND STREET UNIT 32 · same community
2 bd · 2 ba · 1,404 sqft · $303/sqft · 582 DOM
Sold · Mar ’26$875,000
6615 SE 158TH PLACE UNIT 6 · same community
4 bd · 3 ba · 3,131 sqft · $279/sqft · 0 DOM
Sold · Feb ’26$149,000
5096 SE 146TH LANE
2 bd · 2 ba · 920 sqft · $162/sqft · 6 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.
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 0 SE 61ST TERRACE ROAD UNIT 16 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 0 SE 61ST TERRACE ROAD UNIT 16 — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
0 SE 61ST TERRACE ROAD UNIT 16 FAQs
What would the monthly payment be for 0 SE 61ST TERRACE ROAD UNIT 16?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,758/mo — principal and interest, the actual property-tax bill, the $112/mo association fee 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.
How much are the HOA fees at 0 SE 61ST TERRACE ROAD UNIT 16?+
The association fee works out to $112 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 0 SE 61ST TERRACE ROAD UNIT 16?+
The most recent tax bill on record (2024) was $57. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 0 SE 61ST TERRACE ROAD UNIT 16?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Summerfield?+
At $550,000, this home is listed about 90% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to 0 SE 61ST TERRACE ROAD UNIT 16?+
Harbour View Elementary School (elementary), Belleview Middle School (middle), Belleview 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
$550,000 runs 100% above the SUMMERFIELD 34491 median.
02Time on market is leverage
832 days on market against a Summerfield median of 70 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $575,000, now $550,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MEADOWS REALTY, LLC · Bert Meadows. MLS #OM681354.
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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