550 SE 39TH TERRACE, OCALA, FL, 34471
Active81 days on marketListed May 15, 2026MLS #OM724794
About this home
550 SE 39TH TERRACE
Welcome to a home that has been transformed from the inside out. This beautifully updated property in Southeast Ocala checks every box for buyers who want move-in ready without compromise. From the bones to the finishes, nearly every major system and surface has been upgraded — giving the next owner peace of mind and style in equal measure. Step inside and you'll immediately notice the brand-new luxury vinyl plank flooring flowing throughout the main living areas, complemented by gorgeous porcelain tile in the bathrooms all the way to the ceiling. The fully updated kitchen features granite countertops and beautiful cabinetry, making it the heart of the home. Both bathrooms have been completely renovated with modern finishes that feel fresh and polished. The upgrades go well beyond cosmetic. This home features a newer HVAC system with new ducts, relined pipes, updated water feed lines, and a natural gas water heater — meaning the infrastructure is tight, efficient, and built to last. The laundry room/mudroom has been refreshed, and the home includes a natural gas dryer and stove also, a feature today's buyers love. An alarm system adds an extra layer of security. Finishing touches like upgraded closet doors and custom window treatments give the home a cohesive, elevated feel throughout. Whether you're a first-time buyer or looking to transition into something truly updated, this home delivers value that is hard to find at this price point. Don't wait — properties like this don't last.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,810
Sqft
0.33 ac
Lot size
2
Garage
1967
Year built
One
Levels
$177
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.
$2,460 /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
$2,460/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
+10.1%
$/sqft vs Ocala actives
$177 vs $184
Days on market
81 vs 49 typical
Where $177/sqft sits among the 400 Ocala 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 Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34471 — neighborhood snapshot
Population
26,031
Median age
44.2
Median income
$60,283
Median home value
$292,200
Avg household
2.31
Households w/ children
2,491
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $285K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
145 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 7% above the OCALA 34471 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 550 SE 39TH TERRACE
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$299,000
3905 SE 7TH ST · same community
3 bd · 2 ba · 2,167 sqft · $138/sqft · 76 DOM
Sold · Apr ’26$259,000
2055 SE 50TH TERRACE
3 bd · 2 ba · 1,794 sqft · $144/sqft · 3 DOM
Sold · Aug ’25$339,000
4763 SE 25TH LOOP
3 bd · 2 ba · 1,857 sqft · $183/sqft · 97 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
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 550 SE 39TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 550 SE 39TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
550 SE 39TH TERRACE FAQs
What would the monthly payment be for 550 SE 39TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,460/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 550 SE 39TH TERRACE?+
The most recent tax bill on record (2025) was $3,312. 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 Ocala?+
At $319,800, this home is listed about 7% above the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 550 SE 39TH TERRACE?+
Eighth Street Elementary School (elementary), Osceola Middle School (middle), Forest High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of YOUNG REAL ESTATE · Timothy Mewbern. MLS #OM724794.
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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