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About this home
2080 NW 111th Loop is a 2003-built home in Summit Downs, Ocala. Inside you'll find 4 bedrooms, 5 bathrooms, and 3,688 square feet of living space. Listed at $839,000 (about $227/sqft), 26 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $500 annually.
Virtually Staged. Custom home nestled on a sprawling 1.36 acre lot with 3 board fencing and non-climb wire, surrounded by the picturesque horse farm community of Ocala Downs. This home offers a tranquil setting on a cul-de-sac, with an elevated elevation set back off the road for added privacy and serenity. This well-maintained residence spans 3,700 heated square feet and features 3 or 4 bedrooms, included a versatile upstairs flex room with a full bathroom and ample closet space, ideal for use as a bedroom, craft room, workout space or home office. The layout includes a formal dining room, an eat-in kitchen with center island and stainless steel appliances, open to a spacious family room with fireplace and built-in shelving for TV, books, etc. There is also a formal living room, crown moldings adorn the entire home with soaring ceilings. A split bedroom design ensures privacy with the master offering an ensuite bath with a separate spacious shower, generous walk-in closet an a private entrance to the pool area and convenient downstairs office space. Additional highlights include a large laundry room, a walk-in pantry, the roof is 4 years old, two a/c units (one is 4 years old), two hot water heaters and 1 well, 1 septic (drain field redone 2 years ago). Outside the pool cage was redone 2 years ago and encloses the pool area which is complete with a pool bath and storage closet. The roof was redone in 2023. With low HOA fees and a range of updates and improvements this property is truly a gem waiting for new owners. Come see for yourself and make this your new home sweet home!
The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
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%. HOA is the fee reported on the listing. 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
$839,000
$227 per sq ft
Beds and baths
4 beds, 5 baths
Size
3,688 sq ft
Time on market
36 days
Year built
2003
Monthly payment
About $5,656/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,828 annual tax bill, insurance, and the $500/yr HOA fee.
HOA fee
$500/yr
Managed by SUMMIT DOWNS / ELAINE.
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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