Address
0 NE 16th TERRACE, OCALA, FL
Price
$ 499,000
Property Attributes
  • MLS#FC297746
  • TypeLand
  • CountyMARION
  • CityOCALA
  • AreaOcala
  • NeighborhoodJumbolair Aviation Estate
  • Zip34479
  • Style
  • Taxes$ 2946
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.75 Acres
Data Source:
Stellar MLS
Property Description

Welcome to Jumbolair Aviation Estates! One of the longest private runways can accommodate aircraft with a weight limit up to 60,000 lbs. Skip the lines at the airport and enjoy the convenience of flying direct to your dream home and hangar. The lot is 235' x 510' (Lot 8 / Unit 1). This gated HOA community offers access to a 7,550' x 200 paved and lighted airstrip with VASI and PAPI Systems and a secondary 3,600' grass runway. If you are an equestrian, the World Equestrian Center is located approximately 15 miles away. Jumbolair Aviation Estates is a gated community, and an appointment is required for showings. There is an Annual Reserve Assessment of $8,450 ($725 taxi ways & streets and $7,725 for Runway). The HOA Operating Budget HOA Fee of $5,778 annually.

Price History
1/31/2024 Listed $499,000

General Features

Sewer None
Utilities Other
Zoning A3
HOA 5778
Association Fee Includes Other,Private Road,Security
Security Features Gated Community
Pets Allowed Yes
Tax Year 2023
Current Use Residential
Percent Ownership Fee Simple
Community Features Airport/Runway,Gated Community - No Guard
Assoc Fee Paid Per Annually
County Marion
Property Type Land
Association Amenities Airport/Runway,Security
HOA / Comm Assn Yes
Subdivision Name JUMBOLAIR AVIATION ESTATE
Status Active
Directions I-75 to Ocala,exit 358,State Rd 326 east to Jacksonville Rd North to Jumbolair entrance.
City OCALA
Buyer Agent Compensation 2.5%
MLS Area 34479 - Ocala
Lot Size Square Feet 119790
Waterfront Y/N No
Street Name 16th
Listing Terms Cash,Conventional
Tax Annual Amount 2946.94
Public Remarks Welcome to Jumbolair Aviation Estates! One of the longest private runways can accommodate aircraft with a weight limit up to 60,000 lbs. Skip the lines at the airport and enjoy the convenience of fl
Days on Market 1
AssociationName2 Jumbolair
Standard Status Active
Tax Lot 8
Legal Description SEC 16 TWP 14 RGE 22 PLAT BOOK 007 PAGE 135 JUMBOLAIR AVIATION ESTATES UNIT ONE REPLAT BLK A LOT 8
Water Access Y/N No
Monthly HOA Amount 481.5
Water View Y/N No

Interior Features

Street Suffix TERRACE
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 2.75
Lot Dimensions 235 x 510
Lot Size Acres 2.75
Road Surface Type Paved
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34479

Price
AVG $940K
$500K
Taxes
AVG $2,394
$2,946
Visits
AVG 512
177
Data Provided by Inside Real Estate®

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