1605 NE 38TH TERRACE, OCALA, FL, 34470
Active17 days on marketListed Aug 11, 2026MLS #OM730008
About this home
1605 NE 38TH TERRACE
Welcome to Fox Meadow! This well-located 2-bedroom, 2-bathroom, one-story townhome offers 1,160 square feet of heated living space, a 1-car garage, and an attractive location on a quiet cul-de-sac. Priced at $169,900, this property presents an excellent opportunity for a buyer looking for an affordable home in a convenient Ocala location. The home features a comfortable layout with a private patio for outdoor enjoyment, plus an additional enclosed patio area accessible from the primary bedroom—providing a versatile private space that could be enjoyed as a sitting area, reading space, or personal retreat. The roof was replaced in 2022, offering an added benefit for the next owner. Located near shopping, dining, entertainment, and everyday conveniences, you'll have easy access to Lowe's, Publix, Walmart, and numerous other local amenities. Ocala's many parks, natural springs, and recreational destinations are also within convenient reach. Whether you're looking for a primary residence, a low-maintenance home, or an investment opportunity, this Fox Meadow townhome offers an appealing combination of location, functionality, and value. Come take a look and discover the possibilities!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,160
Sqft
0.05 ac
Lot size
1
Garage
1982
Year built
One
Levels
$151
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 and the real association fee — not generic estimates.
$1,721 /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
$1,721/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
+34.6%
$/sqft vs Ocala actives
$151 vs $180
Days on market
17 vs 53 typical
Where $151/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 34470 — neighborhood snapshot
Population
21,521
Median age
40.1
Median income
$49,592
Median home value
$171,500
Avg household
2.29
Households w/ children
2,267
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 → $283K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
205 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 10% below the OCALA 34470 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 1605 NE 38TH 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$187,000
1602 NE 38TH TERRACE UNIT 1602 · same community
2 bd · 2 ba · 1,172 sqft · $160/sqft · 69 DOM
Sold · May ’26$229,900
3806 NE 17TH STREET · same community
3 bd · 2.5 ba · 1,760 sqft · $131/sqft · 42 DOM
Sold · Jul ’26$138,000
208 NE 37TH TERRACE
3 bd · 1 ba · 1,167 sqft · $118/sqft · 26 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
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1605 NE 38TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1605 NE 38TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1605 NE 38TH TERRACE FAQs
What would the monthly payment be for 1605 NE 38TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,721/mo — principal and interest, the actual property-tax bill, the $200/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 1605 NE 38TH TERRACE?+
The association fee works out to $200 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1605 NE 38TH TERRACE?+
The most recent tax bill on record (2025) was $3,052. 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 1605 NE 38TH TERRACE?+
The listing reports pets: Cats OK, Dogs OK, Number Limit. 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 $174,900, this home is listed about 42% below the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1605 NE 38TH TERRACE?+
Wyomina Park Elementary School (elementary), Fort King Middle School (middle), Vanguard 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 HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC · Remy Perez. MLS #OM730008.
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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