12550 SW 16th AVENUE, Ocala, FL, 34473 | $1,600,000

Beautiful 14. 16-acre horse farm on Hwy 475A, very close to the Florida Horse Park and the Greenway and a short drive from the World Equestrian Center. Farm is fenced and cross fenced, with water to the lush pastures. 1 Arena, 3 pastures, 3 paddocks and 2 pole barns, one has 2 stalls with electric and water and the other has 5 stalls with water and is 60X30.  There are two residences on the property. The main home has a split open floorplan. The kitchen features all stainless-steel appliances, solid wood cabinets, granite counters, and a tile backsplash. The kitchen opens up to the large dining room / living room combo overlooking the wonderful screened in pool area. The multi panel sliding glass doors open up to allow the screened-in pool area to extend from the living room, great for entertaining. There is a covered porch that over-looks the pool and the back paddock. Off the pool deck is access to one of the 3 full bathrooms! The home features 2 HVAC systems. Also on the property is a 2004 3/1 mobile home perfect for an income property with 924 sqft. This acreage is designated Employment Activity Center/Equine Commercial Support District by Future Land Use Map designation and can be used for commercial, manufacturing, multi-unit residential (up too 22 units/acre), and various other uses.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1984
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,098
  • Acreage: 14.16
  • Est. Taxes: $2,924
  • Elem. School: Belleview-Santos Elem. School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Pool: Auto Cleaner, Fiber Optic Lighting, Gunite, Heated, In Ground, Salt Water, Solar Heat
  • Appliances: Dishwasher, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: OM693976
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /eprop/OM693976/12550sw16thavenue_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/13/2025 2:06:28 PM)
Listing courtesy of COLDWELL BANKER ELLISON REALTY O   Phone: 352-732-8350

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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12550 SW 16th AVENUE, Ocala, FL, 34473

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.109% 6.764% 6.581%
Monthly Tax Payment $244 $244 $244
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,986 $8,196 $11,062
Total Monthly Payment $8,355 $8,565 $11,431

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.