16789 SE 8TH PLACE, SILVER SPRINGS, FL, 34488
Active207 days on marketListed Feb 25, 2026MLS #OM717674
About this home
16789 SE 8TH PLACE
Make this beautifully remodeled home yours. This charming two-bedroom, one bathroom property offers 872 square feet of living space on a 0.29 acre fenced lot with a gated entrance. The home has been freshly painted and features a brand-new kitchen, updated flooring, and a fully renovated bathroom. Additional improvements include a new septic system installed in 2024 and an energy efficient mini split HVAC system. A newer refrigerator is also included. The property offers a separate laundry and storage building for added convenience and a fenced in area ideal for pets or outdoor use. Built in 1972, the home provides a practical, spacious layout in a country setting. Located minutes from shopping and close to Highway 40, with Ocala approximately 25 minutes away, beaches 1 hour away. Schedule a showing
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
872
Sqft
0.29 ac
Lot size
1972
Year built
One
Levels
$134
Per sqft
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 — not generic estimates.
$1,015 /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
$1,015/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+57.7%
$/sqft vs Silver Springs actives
$134 vs $159
Days on market
207 vs 83 typical
Where $134/sqft sits among the 56 Silver Springs actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Silver Springs
Get to know Silver Springs. See the full Silver Springs guide →
The numbers that matter
The Silver Springs market
$148K → $197K
Silver Springs median sold, yr/yr
94.8%
Sale-to-list ratio (12 mo)
28 of 56
Silver Springs actives have cut their price
Median sold price, Silver Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 46% below the Silver Springs median. See the full Silver Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 16789 SE 8TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$75,000
16905 SE 3RD PLACE · same community
1 bd · 1 ba · 672 sqft · $112/sqft · 103 DOM
Sold · Sep ’25$27,500
16890 E FORT KING STREET · same community
2 bd · 1.5 ba · 1,324 sqft · $21/sqft · 22 DOM
Sold · Jun ’26$186,000
240 SE 165TH COURT ROAD
2 bd · 1.5 ba · 864 sqft · $215/sqft · 168 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
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 16789 SE 8TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16789 SE 8TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16789 SE 8TH PLACE FAQs
What would the monthly payment be for 16789 SE 8TH PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,015/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 16789 SE 8TH PLACE?+
The most recent tax bill on record (2025) was $1,369. 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 Silver Springs?+
At $117,000, this home is listed about 46% below the Silver Springs median of $215,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Under the Silver Springs market on paper
$117,000 is 46% below the Silver Springs median of $215,000, and at $134/sqft it sits under the Silver Springs average of $179.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
207 days on market against a Silver Springs median of 83 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $139,900, now $117,000 — a $23K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Scott Cook. MLS #OM717674.
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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