16000 SE 97TH TERRACE, SUMMERFIELD, FL, 34491
Active2184 days on marketMLS #OM604227
About this home
16000 SE 97TH TERRACE
Great Commercial site located directly on US Hwy 441 just North of the Villages. The property fronts a new residential development of 330 single family residential home sites. Owner will consider dividing.
Facts & features
The home at a glance
2.8 ac
Lot size
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.
$9,396 /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
$9,396/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.
Where it sits
Inside Summerfield
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Summerfield. See the full Summerfield guide →
SUMMERFIELD 34491 — neighborhood snapshot
Population
32,369
Median age
54.4
Median income
$65,900
Median home value
$253,100
Avg household
2.3
Households w/ children
2,632
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Summerfield market
$285K → $258K
Summerfield median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 482% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Reality check
What actually sold near 16000 SE 97TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$100,000
16995 SE 101ST COURT ROAD
2 bd · 2 ba · 784 sqft · $128/sqft · 10 DOM
Sold · Nov ’25$179,250
9321 SE 172ND AUGUSTA LANE
1 bd · 1 ba · 833 sqft · $215/sqft · 138 DOM
Sold · Jun ’26$90,000
9825 SE 170TH LANE
3 bd · 2 ba · 960 sqft · $94/sqft · 21 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 16000 SE 97TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16000 SE 97TH TERRACE — 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
16000 SE 97TH TERRACE FAQs
What would the monthly payment be for 16000 SE 97TH TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,396/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 16000 SE 97TH TERRACE?+
The most recent tax bill on record (2019) was $24. 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 Summerfield?+
At $1,600,000, this home is listed about 452% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to 16000 SE 97TH TERRACE?+
Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of BOYD REAL ESTATE LLC · Frederick Krim, Jr.. MLS #OM604227.
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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