8516 SE 137TH LOOP, SUMMERFIELD, FL, 34491
Active215 days on marketListed Dec 18, 2025MLS #OM715250
About this home
8516 SE 137TH LOOP
This 2-bedroom, 2-bathroom Chestnut model is situated on a corner lot along a quiet loop. The front porch spans 22 feet and offers an ideal space for enjoying morning coffee, while the private lanai provides an additional tranquil setting. The open floor plan has been enhanced with professionally painted kitchen cabinetry and quartz countertops. The kitchen includes a spacious breakfast bar with storage, stainless steel appliances (installed in 2021), ambient lighting, and recent paint updates. Vaulted ceilings accentuate the living room, dining area, and kitchen, complemented by ceiling fans throughout. Porcelain tile flooring is found in the main living areas, while new water-resistant laminate flooring (2024) has been added to the bedrooms and both walk-in closets. The interior laundry area features upper cabinets for extra storage. The enclosed lanai is finished with vinyl windows, vertical shades, and indoor/outdoor carpeting. The two-car garage includes sliding privacy screens, a utility sink, keyless entry, and a workbench. Notable upgrades include window replacements (2018), HVAC system replacement with humidistat (2012), architectural shingles (2013), and a water heater (2020). The seller is also offering a one-year Broward Factory Home Warranty with an acceptable offer. This property invites your consideration—schedule a viewing soon.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,296
Sqft
0.18 ac
Lot size
2
Garage
1998
Year built
One
Levels
$184
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 and the real association fee — not generic estimates.
$2,078 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,078/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
−2.7%
$/sqft vs SPRUCE CREEK GC
$184 vs $191
Days on market
215 vs 50 typical
Where $184/sqft sits among the 52 homes for sale in SPRUCE CREEK GC
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 Summerfield
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)
24 of 52
SPRUCE CREEK GC have cut their price
Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Paper trail
This home's history
Reality check
What actually sold near 8516 SE 137TH LOOP
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$270,000
12762 SE 92ND TERRACE · same community
2 bd · 2 ba · 1,274 sqft · $212/sqft · 26 DOM
Sold · Mar ’26$250,000
14198 SE 85TH TERRACE · same community
2 bd · 2 ba · 1,257 sqft · $199/sqft · 44 DOM
Sold · Dec ’25$210,000
8617 SE 141ST STREET ROAD · same community
2 bd · 2 ba · 1,238 sqft · $170/sqft · 10 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 8516 SE 137TH LOOP — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8516 SE 137TH LOOP — 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
8516 SE 137TH LOOP FAQs
What would the monthly payment be for 8516 SE 137TH LOOP?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,078/mo — principal and interest, the actual property-tax bill, the $214/mo association fee 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.
How much are the HOA fees at 8516 SE 137TH LOOP?+
The association fee works out to $214 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8516 SE 137TH LOOP?+
The most recent tax bill on record (2025) was $2,302. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 8516 SE 137TH LOOP?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Summerfield?+
At $239,000, this home is listed about 18% below the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to 8516 SE 137TH LOOP?+
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.
The brief
Three things that matter here
01Under the SUMMERFIELD 34491 market on paper
$239,000 is 13% below the SUMMERFIELD 34491 median of $275,000, and at $184/sqft it sits under the Summerfield average of $204.
02Time on market is leverage
215 days on market against a Summerfield median of 50 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $265,000, now $239,000 — a $26K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX PREMIER REALTY LADY LK · Jaylene Sheldon. MLS #OM715250.
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.
Never miss a listing
New Summerfield homes, in your inbox
Like 8516 SE 137TH LOOP but not quite? A daily digest of every new listing in Summerfield — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →