0 Northeast 16th Terrace

Ocala, FL 34479

$499,000
Price
119,790 / 2.75
Lot Size / Acres

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
...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.
  1. Listed by S. Jill Mangum • CRESCENT BEACH REALTY OF ST AUGUSTINE

Property Details for 0 Northeast 16th Terrace

Subdivision Name
JUMBOLAIR AVIATION ESTATE
Township
14S
Waterfront
No

Location

Listing Courtesy of CRESCENT BEACH REALTY OF ST AUGUSTINE
Add your commute
LISTING UPDATED: 01/31/2024 01:00 AM

Property Details for 0 Northeast 16th Terrace

StatusActive
MLS #FC297746
Days on Market112
Taxes$2,947 / year
HOA Fees$5,778 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.75 AC
CountyMarion County

Location

Listing Courtesy of CRESCENT BEACH REALTY OF ST AUGUSTINE
Add your commute

Building Information for 0 Northeast 16th Terrace

Lot Size2.75 AC

Payment Calculator

$3,450 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$246

HOA Dues

$482

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Northeast 16th Terrace

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Airport/Runway, Gated Community - No Guard
  • Directions: I-75 to Ocala, exit 358, State Rd 326 east to Jacksonville Rd North to Jumbolair entrance.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Street Number: 0
  • Street Direction Prefix: NE
  • Street Name: 16TH
  • Street Suffix: TERRACE
  • State: FL
  • City: OCALA
Taxes and HOA Information
  • Association Fee Includes: Other, Private Road, Security
  • Association Fee Requirement: Required
  • Association Name: Admin
  • Association: Yes
  • CDD: No
  • Other Fees Amount: $8,450
  • Other Fees Term: Annual
  • Tax Block: A
  • Tax Book Number: 007-135JUMBOLA
  • Tax Legal Description: SEC 16 TWP 14 RGE 22 PLAT BOOK 007 PAGE 135 JUMBOLAIR AVIATION ESTATES UNIT ONE REPLAT BLK A LOT 8
  • Tax Lot: 8
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Dimensions: 235x510
  • Parcel Number: 14598-001-08
  • Total Acreage: 2 to less than 5
  • Water Access: No
  • Water Extras: No
  • Zoning: A3
  • Lot Dimensions: 235x510
Property and Assessments
  • Association Amenities: Airport/Runway, Security
  • Flood Zone Code: N/A
  • Public Survey Range: 22E
  • Public Survey Section: 16
  • Dock YN: No
Utilities
  • Sewer: None
  • Utilities: Other
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Front Footage: 235
  • Pool: None
  • Pool Private: No
  • Security Features: Gated Community
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 0 Northeast 16th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Northeast 16th Terrace

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Anthony Elementary School
PublicPK to 5

North Marion Middle School
Public6 to 8

North Marion High School
Public9 to 12

New Leaf Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Northeast 16th Terrace is a 2.75 ac of land for sale in Ocala, FL 34479. This property was listed for sale on January 30, 2024 by CRESCENT BEACH REALTY OF ST AUGUSTINE, it's currently listed at $499,000. It has been on the market for a total of 112 days and was last sold on November 8, 2022. This listing's school district is Marion. Nearby schools include Anthony Elementary School, North Marion Middle School and North Marion High School. 0 Northeast 16th Terrace is a 0-bed, 0-bath, 2.75 ac of land on a 119,790 sq. ft. / 2.75 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CRESCENT BEACH REALTY OF ST AUGUSTINE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.