CENTURY 21 Edge
$519,900$529,9003 bd2 ba2,186 sqft$238 /sqft$3,794 /mo all-in ↓

5592 NE 61ST AVENUE ROAD, SILVER SPRINGS, FL, 34488

Active30 days on marketListed Aug 21, 2026MLS #OM730795

Reduced $10KSingle Family ResidenceSILVER MDWS CENTRAL

About this home

5592 NE 61ST AVENUE ROAD

RV Garage + Spacious Florida Room+ Generator- Nestled in sought after Silver Meadows Central neighborhood of NE Marion County, this lovely single level ranch-style concrete block home, built in 1994, with matching concrete block detached RV garage, built in 2020, offers 3 bedrooms and 2 bathrooms with 2,186+/- square feet of living space, situated on .71 acres. Lovely curb appeal, with brick facade, portico, and double entry front doors. Step inside to 10 foot ceilings throughout, dining and living spaces, open great room featuring a gas fireplace and updated kitchen with an abundance of cabinetry and granite countertops. The kitchen offers plenty of room for entertaining and cooking for the holidays and boasts an island with breakfast bar, two pantries, a large spice cabinet, a suite of Whirlpool stainless appliances and a breakfast nook. The primary bedroom offers sliding door walk-out to expansive Florida room, walk-in closet, en-suite with updated vanity with dual sinks, tub and walk-in shower. Additionally, the split floor plan offers two guest bedrooms flanking a guest bathroom, laundry room and spacious two car garage. Sliding doors access the 720+/- sq. ft. Florida room offering year-round enjoyment. The detached RV Garage boasts 20x32 ft w/ 12 ft. door, 13 foot ceiling and is large enough for two RV’s , an RV and extra toys or boats. Situated on a spacious lot with an absolutely lovely backyard of mature trees. There is so much to love with this one. Updates include: 2019 whole house generator, 2019 HVAC, 2018 roof, new appliances, 2019 windows, 2023 gas fireplace, 2024 gas hot water heater, 2025 plantation shutters, 2025 front doors, 2025 well/pump, 2026 Florida Room skylights. Silver Meadows is a quiet gated neighborhood with a country feel and with the added comfort of a community. Silver Meadows offers Community Recreation Facilities (Tennis Courts, Racketball. Basketball) and is close to Historic Silver Springs State Park, ALDI, restaurants and shopping.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

2,186

Sqft

0.71 ac

Lot size

4

Garage

1994

Year built

One

Levels

$238

Per sqft

FireplacePets allowed

Inside

FlooringCarpet · Luxury Vinyl · Tile
AppliancesDishwasher · Dryer · Gas Water Heater · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · High Ceilings · Open Floorplan · Primary Bedroom Main Floor · Skylight(s) · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingElectric · Heat Pump

Outside & construction

RoofShingle
ConstructionBlock · Concrete · Stucco
FoundationSlab
FacesEast
ParkingBoat · Garage Door Opener · Oversized · RV Garage · Split Garage
ExteriorIrrigation System · Private Mailbox · Rain Gutters · RV Hookup · Sliding Doors · Storage

Community & fees

HOA fee$42/mo
Taxes (2025)$3,619/yr
PetsYes
CommunityDeed Restrictions · Gated Community - No Guard · Playground · Tennis Court(s)

Utilities & systems

UtilitiesElectricity Connected · Natural Gas Connected · Sewer Connected · Underground Utilities · Water Connected
WaterWell

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.

$3,794 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$3,061
FHA mortgage insurance (est.)$230
Property tax — 2025 actual bill$302
HOA fee — from the listing$42
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $18,197Loan30-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% · $18,197
Interest rate6.00%
Loan term

Estimated payment

$3,794/mo

Principal & interest$3,061
FHA mortgage insurance (est.)$230
Property taxes (actual bill)$302
HOA / condo fee$42
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.

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.

List $520K
$376KedgeAI estimate $426,377 · range $391K$514K$541K

vs edgeAI estimate

+21.9%

$/sqft vs Silver Springs actives

$238 vs $155

Days on market

30 vs 83 typical

Where $238/sqft sits among the 56 Silver Springs actives

23
16
9 · this home
4
0
4
$84–139$139–194$194–249$249–304$304–359$359+

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 →

SILVER SPRINGS 34488 — neighborhood snapshot

Population

11,525

Median age

45.8

Median income

$45,239

Median home value

$75,300

Avg household

2.27

Households w/ children

1,214

For the school run

Marion County School District

ElementaryEast Marion Elementary School★★★★
ElementaryFort McCoy School★★★★
HighLake Weir High School★★★★

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

The numbers that matter

The Silver Springs market

Seller’s marketBalanced5.2 months of inventoryBuyer’s 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 381% above the SILVER SPRINGS 34488 median. See the full Silver Springs market guide →

Paper trail

This home's history

CurrentPrice reduced to $519,900 $10K
Aug 21, 2026Listed at $529,900 · 30 days on market since
1994Built · SILVER MDWS CENTRAL

Reality check

What actually sold near 5592 NE 61ST AVENUE ROAD

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

5905 NE 57TH LOOPSold · Apr ’26

$510,000

5905 NE 57TH LOOP · same community

4 bd · 2 ba · 2,367 sqft · $215/sqft · 0 DOM

5940 NE 57TH LOOPSold · May ’26

$355,000

5940 NE 57TH LOOP · same community

3 bd · 2 ba · 1,988 sqft · $179/sqft · 37 DOM

5927 NE 62ND COURT ROADSold · Jul ’26

$585,000

5927 NE 62ND COURT ROAD · same community

3 bd · 2.5 ba · 2,398 sqft · $244/sqft · 56 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.

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, negotiation, and every question about 5592 NE 61ST AVENUE ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5592 NE 61ST AVENUE ROAD — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

5592 NE 61ST AVENUE ROAD FAQs

What would the monthly payment be for 5592 NE 61ST AVENUE ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,794/mo — principal and interest, the actual property-tax bill, the $42/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 5592 NE 61ST AVENUE ROAD?+

The association fee works out to $42 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5592 NE 61ST AVENUE ROAD?+

The most recent tax bill on record (2025) was $3,619. 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 5592 NE 61ST AVENUE ROAD?+

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 Silver Springs?+

At $519,900, this home is listed about 142% above the Silver Springs median of $215,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5592 NE 61ST AVENUE ROAD?+

East Marion Elementary School (elementary), Fort McCoy School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of NEWGATE REALTY, LLC · Brandon Perry. MLS #OM730795.

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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