Sold for $275,000
$275,000
5720 NW 16th Pl, Ocala, FL 34482
4beds
1,850sqft
Single Family Residence
Built in 1980
1.55 Acres Lot
$300,000 Zestimate®
$149/sqft
$2,503 Estimated rent
Home value
$300,000
$273,000 - $330,000
$2,503/mo
Zestimate® history
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Owner options
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What's special
Welcome to one of Ocala's most unique opportunities to purchase a private 1.5+ acre estate with a 3 bedroom, 2 bth home, a detatched workshop/garage with a 1/1 in-law suite, plus 6 additional buildable lots which can be easily split and sold/developed, or kept for additional privacy or income producing opportunities. This property has an exceptionally convenient location with the Ocala World Equestrian Center, Ocala International Airport, Publix, HCA Florida Hospital, multiple golf courses and a movie theatre within just a couple miles. Approaching the property you'll notice the home site and additional lots are all High and Dry with a mix of cleared living area and natural Florida woodland. Enter the concrete block home under a covered front porch to find a generous main living space with modern vinyl flooring. The kitchen is fully equipped with real wood cabinets, stainless steel refrigerator, dishwasher, range, and stainless range hood. A formal dining room is light and bright with backyard views through a sliding glass door, centered around a stained glass chandelier. The bedrooms and bathrooms are generously sized and thoughtfully laid out to accommodate households of all sizes. The detached garage is an equally impressive concrete block and fully permitted structure with a 1 car garage, large workspace, and 1 bed, 1 bath separate living unit which had been leased in the past for $800/month. Marion County employees have confirmed that the 6 additional lots included with this sale can be split off without any application or approval process required. This home qualifies for FHA, VA, and USDA financing, or use conventional financing or cash. Call today to schedule your showing for this unique, move-in ready home. Two sheds located on the property must be purchased separately or will be removed prior to closing.
Zillow last checked: 8 hours ago
Listing updated: May 24, 2024 at 11:37am
Listing Provided by:
Donald Harkins, III 321-377-0341,
DON HARKINS REALTY LLC 321-377-0341
Bought with:
Non-Member Agent
STELLAR NON-MEMBER OFFICE
Source: Stellar MLS,MLS#: O6153693
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Dimensions: 14x12
Kitchen
- Level: First
- Dimensions: 9x12
Living room
- Level: First
- Dimensions: 15x13
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Range, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Thermostat, In-Law Floorplan
- Flooring: Carpet, Ceramic Tile, Vinyl
- Windows: Blinds, Window Treatments
- Has fireplace: No
- Common walls with other units/homes: Corner Unit,End Unit
Interior area
- Total structure area: 3,272
- Total interior livable area: 1,850 sqft
Property
Parking
- Total spaces: 1
- Parking features: Bath In Garage, Ground Level, Off Street, Open, Oversized, Workshop in Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio
- Exterior features: Lighting, Rain Gutters
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.55 Acres
- Features: Cleared, Corner Lot, Farm, Irregular Lot, Level, Oversized Lot, Pasture, Private
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped, Wooded
Details
- Additional structures: Guest House, Other, Shed(s), Workshop
- Additional parcels included: 1
- Parcel number: 2313003038
- Zoning: R2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida,Ranch,Traditional
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: BB/HS Internet Available, Electricity Connected
Community & neighborhood
Community
- Community features: Golf Carts OK, Horses Allowed
Location
- Region: Ocala
- Subdivision: OCALA RDG UN 13
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Road surface type: Unimproved, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2024 | Sold | $275,000-19.1%$149/sqft |
Source: | ||
| 4/23/2024 | Pending sale | $340,000$184/sqft |
Source: | ||
| 4/5/2024 | Price change | $340,000-2.9%$184/sqft |
Source: | ||
| 3/8/2024 | Price change | $350,000-2.5%$189/sqft |
Source: | ||
| 2/29/2024 | Price change | $359,000-1.4%$194/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,467 +2.9% | $113,505 +3% |
| 2023 | $1,426 +3.2% | $110,199 +3% |
| 2022 | $1,382 +0.7% | $106,989 +3% |
Find assessor info on the county website
Neighborhood: 34482
Nearby schools
GreatSchools rating
- 3/10College Park Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 4/10Liberty Middle SchoolGrades: 6-8Distance: 8.1 mi
- 4/10West Port High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: College Park Elementary School
- Middle: Liberty Middle School
- High: West Port High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$300,000


