CENTURY 21 Edge
$420,000$489,000$3,936 /mo all-in ↓

0 NE 16TH TERRACE Lot 14, OCALA, FL, 34479

Active100 days on marketListed May 1, 2026MLS #OM723907

Reduced $69KJUMBOLAIR AVIATION ESTATE

About this home

0 NE 16TH TERRACE Lot 14

Premier End-of-Taxiway 4.10-Acre Lot in Jumbolair Aviation Estates. Nestled within the exclusive gates of Jumbolair Aviation Estates, this exceptional 4.10-acre vacant homesite offers a rare opportunity to build your custom estate in one of the nation’s most prestigious private aviation communities. Perfectly positioned at the end of a taxiway, this expansive parcel provides both privacy and direct access to the runway—an ideal setting for aviation enthusiasts seeking seamless fly-in, taxi-to-your-door convenience. This desirable homesite allows you the freedom to choose your own builder and bring your unique vision to life. The lot is mostly cleared, offering a head start on construction, while a scattering of beautiful mature oak trees provides character, shade, and natural charm. As a large corner parcel with access from two streets, the property offers the flexibility to position your home to face either street—enhancing both design possibilities and curb appeal. Surrounded by natural beauty, the property offers a serene, estate-sized setting with ample room to design a luxury residence, private hangar, and resort-style outdoor living spaces. The generous acreage allows for flexibility in layout while preserving the exclusivity and tranquility that define Jumbolair living. Residents of Jumbolair Aviation Estates get to enjoy a private 7,550-foot lighted runway capable of accommodating large aircraft, 24/7 security, and a close-knit community of like-minded aviation enthusiasts. Located just minutes from Ocala’s renowned equestrian venues, fine dining, shopping, and medical facilities, this property combines the best of luxury living with unparalleled aviation access. Whether you’re a pilot, collector, or simply seeking a prestigious and private setting to build your dream estate, this unique taxiway lot represents a truly extraordinary offering in one of Florida’s most distinguished aviation communities. Don’t miss your chance to own a premier piece of runway-accessible property in Jumbolair Aviation Estates—where lifestyle and aviation meet in perfect harmony.

Facts & features

The home at a glance

4.1 ac

Lot size

Pets allowed

Inside

Outside & construction

Community & fees

HOA fee$721/mo
Taxes (2025)$4,758/yr
PetsYes
CommunityAirport/Runway · Deed Restrictions · Gated Community - No Guard

Utilities & systems

UtilitiesOther
WaterWell Required

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.

$3,936 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,473
FHA mortgage insurance (est.)$186
Property tax — 2025 actual bill$396
HOA fee — from the listing$721
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $14,700Loan30-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% · $14,700
Interest rate6.00%
Loan term

Estimated payment

$3,936/mo

Principal & interest$2,473
FHA mortgage insurance (est.)$186
Property taxes (actual bill)$396
HOA / condo fee$721
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 Ocala

Map of 0 NE 16TH TERRACE Lot 14

Get to know Ocala. See the full Ocala guide →

OCALA 34479 — neighborhood snapshot

Population

13,265

Median age

41.2

Median income

$54,805

Median home value

$190,400

Avg household

2.44

Households w/ children

1,553

For the school run

Marion County School District

ElementaryAnthony Elementary School★★★★★
HighNorth Marion High School★★★★
MiddleNorth Marion Middle School★★★★

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

The numbers that matter

The Ocala market

Seller’s marketLeans seller4.8 months of inventoryBuyer’s market

$285K$285K

Ocala median sold, yr/yr

97.4%

Sale-to-list ratio (12 mo)

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

This home is listed 73% above the OCALA 34479 median. See the full Ocala market guide →

Paper trail

This home's history

CurrentPrice reduced to $420,000 $69K
May 1, 2026Listed at $489,000 · 100 days on market since

Reality check

What actually sold near 0 NE 16TH TERRACE Lot 14

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

2208 NE 79TH PLACESold · Jan ’26

$152,500

2208 NE 79TH PLACE

2 bd · 1 ba · 800 sqft · $191/sqft · 29 DOM

1501 NE 97TH STREET ROADSold · Sep ’25

$565,452

1501 NE 97TH STREET ROAD

2 bd · 1 ba · 940 sqft · $602/sqft · 37 DOM

1890 NE 80TH STREETSold · Jul ’26

$210,000

1890 NE 80TH STREET

3 bd · 2 ba · 1,128 sqft · $186/sqft · 11 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.

Iain Robinson

Your agent

Iain Robinson

Broker Associate · CENTURY 21 Edge

Tours, negotiation, and every question about 0 NE 16TH TERRACE Lot 14 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 0 NE 16TH TERRACE Lot 14 — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

0 NE 16TH TERRACE Lot 14 FAQs

What would the monthly payment be for 0 NE 16TH TERRACE Lot 14?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,936/mo — principal and interest, the actual property-tax bill, the $721/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 NE 16TH TERRACE Lot 14?+

The association fee works out to $721 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 0 NE 16TH TERRACE Lot 14?+

The most recent tax bill on record (2025) was $4,758. 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 NE 16TH TERRACE Lot 14?+

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 Ocala?+

At $420,000, this home is listed about 41% above the Ocala median of $298,888. The market section on this page shows how the area is trending.

Which schools are assigned to 0 NE 16TH TERRACE Lot 14?+

Anthony Elementary School (elementary), North Marion High School (high), North Marion Middle School (middle) — 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

$420,000 runs 73% above the OCALA 34479 median.

02Know the monthly fee

The association fee is $721/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

03The price has already moved

Listed at $489,000, now $420,000 — a $69K cut. The full history is in the market section below.

Listing courtesy of RE/MAX ALLSTARS REALTY · Peggy Pittas. MLS #OM723907.

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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