Overview
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About this home
Tbd SW 16th Pl is a home in Rainbow Park Unit 8, Ocala. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This double-sized property provides twice as much space for custom block or manufactured home surrounded by peace, privacy and the natural beauty of Florida. An excellent investment opportunity as the site is zoned R4 Residential-Mixed use so it can have a two homes; the second being smaller in square footage...think rental. Take advantage of the freedom to create your ideal rural retreat. You can build a custom workshop, hook up your RV add a pool or design an equestrian-inspired estate-all no HOA or CDD fees. You'll be only a short drive to Rainbow Springs State Park, shopping, dining, medical facilities and schools while being convenient to the World Equestrian Center and Florida's Greenway and I-75.
The essentials
At a glance
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$28,900
Time on market
114 days
Monthly payment
About $184/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $225 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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