8475 NE 16TH TERRACE, OCALA, FL, 34479
Active4 days on marketListed Aug 5, 2026MLS #OM729836
About this home
8475 NE 16TH TERRACE
Exceptional executive estate available for lease in the gated aviation community of Jumbolair Estates. Situated on approximately 2.75 beautifully landscaped acres shaded by majestic oak trees, this impressive three-story residence offers approximately 7,000 square feet of living space with 5 bedrooms, 5 full baths, and expansive entertaining areas throughout. The gourmet kitchen features premium appliances, custom cabinetry, and abundant workspace, while multiple living and dining areas provide flexibility for both everyday living and hosting guests. The luxurious primary suite offers a private retreat with a spa-inspired bath and generous walk-in closets. Additional features include a library, theater/media room, resort-style pool, screened outdoor living areas, and an attached two-car garage. Located within one of Ocala's most exclusive gated communities, residents enjoy privacy, security, and the unique atmosphere of aviation estate living. Conveniently located near shopping, dining, medical facilities, and major transportation routes. Lawn care and pool maintenance may be included depending on lease terms. Available for immediate occupancy. Schedule your private showing today.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
5,339
Sqft
2.75 ac
Lot size
2
Garage
2004
Year built
Three Or More
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$232 /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
$232/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Ocala actives
$2 vs $186
Days on market
4 vs 52 typical
Where $2/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 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
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)
169 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 96% below the OCALA 34479 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 8475 NE 16TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$1,555,000
7121 NE 22ND COURT ROAD
5 bd · 3.5 ba · 4,065 sqft · $383/sqft · 2 DOM
Sold · Oct ’25$480,000
9900 NE 20 TERRACE ROAD
3 bd · 3 ba · 2,221 sqft · $216/sqft · 139 DOM
Sold · May ’26$550,000
9451 NE 12TH COURT
3 bd · 2 ba · 2,098 sqft · $262/sqft · 16 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
Yumiko Sugawara
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8475 NE 16TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8475 NE 16TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8475 NE 16TH TERRACE FAQs
What would the monthly payment be for 8475 NE 16TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $232/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 8475 NE 16TH TERRACE?+
The listing reports pets: No. 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 $10,000, this home is listed about 97% below the Ocala median of $298,888. The market section on this page shows how the area is trending.
Which schools are assigned to 8475 NE 16TH TERRACE?+
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
01Under the OCALA 34479 market on paper
$10,000 is 96% below the OCALA 34479 median of $243,195, and at $2/sqft it sits under the Ocala average of $206.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Fresh on the market
Only 4 days on market in a Ocala market that averages 52 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of PEGASUS REALTY & ASSOC INC · Janelle Mertins. MLS #OM729836.
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.
Never miss a listing
New Ocala homes, in your inbox
Like 8475 NE 16TH TERRACE but not quite? A daily digest of every new listing in Ocala — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Yumiko to ping you on any price or status change →