16602 NE 124TH AVENUE, WALDO, FL, 32694
Active191 days on marketListed Jan 23, 2026MLS #GC536859
About this home
16602 NE 124TH AVENUE
This exceptional Lake Alto estate offers serene waterfront living on one of North Central Florida’s most distinctive natural lakes—a roughly 573-acre waterbody just south of Waldo that helps form the headwaters of the Santa Fe River and is defined by largely undeveloped, conservation-focused shoreline. With expansive lake views, approximately 338 feet of private shoreline, quiet surroundings, and fewer than 30 homes fronting the lake, this rare eight-acre property provides an uncommon sense of privacy, ecological integrity, and long-term stewardship. Thoughtfully arranged across the site are four structures that support true multigenerational living and flexible use. The main residence offers 2,974 square feet of heated and cooled space and includes a large bay suitable for a boat, coach/camper, or future living expansion, while the second lakefront home—1,552 square feet with three bedrooms and two baths—was fully remodeled in 2022, ideal for extended family or guests. A recently updated dock (2022) anchors the lake experience, complemented by a 30'×40' metal workshop and a 12'×20' storage or craft studio, creating a property well suited for family gatherings, creative pursuits, and a legacy-oriented lifestyle rooted in nature.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
4,526
Sqft
8.03 ac
Lot size
2
Garage
1957
Year built
One
Levels
$177
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,629 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,629/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs N/A
$177 vs $286
Days on market
191 vs 18 typical
Where $177/sqft sits among the 245 homes for sale in N/A
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Waldo
Get to know Waldo. See the full Waldo guide →
WALDO 32694 — neighborhood snapshot
Population
1,870
Median age
58.9
Median income
$40,455
Median home value
$121,300
Avg household
1.87
Households w/ children
119
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Waldo market
$416K → $197K
Waldo median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
112 of 245
N/A have cut their price
Median sold price, Waldo, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 295% above the WALDO 32694 median. See the full Waldo market guide →
Paper trail
This home's history
Reality check
What actually sold near 16602 NE 124TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$573,000
2202 OLD TAVARES ROAD · same community
4 bd · 4.5 ba · 3,337 sqft · $172/sqft · 109 DOM
Sold · Dec ’25$950,000
4701 NE JACKSONVILLE ROAD · same community
5 bd · 4 ba · 3,320 sqft · $286/sqft · 130 DOM
Sold · Mar ’26$1,275,000
16422 SPRING VALLEY ROAD · same community
4 bd · 3 ba · 3,141 sqft · $406/sqft · 70 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 16602 NE 124TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16602 NE 124TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
16602 NE 124TH AVENUE FAQs
What would the monthly payment be for 16602 NE 124TH AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,629/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 16602 NE 124TH AVENUE?+
The most recent tax bill on record (2025) was $10,228. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Waldo?+
At $800,000, this home is listed about 176% above the Waldo median of $290,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16602 NE 124TH AVENUE?+
Chester Shell Elementary School (elementary) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$800,000 runs 295% above the WALDO 32694 median — but at 4,526 sqft it's also nearly 3 times the size of the typical Waldo listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
191 days on market against a Waldo median of 18 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of BOSSHARDT REALTY SERVICES LLC · Ken Cornell. MLS #GC536859.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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