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$269,900

16503 SW 31ST TERRACE, OCALA, FL 34473

3D Tour
Active23 days on market

Beds

3

Baths

2

Sq Ft

1,427 sq ft

Year Built

2026

Lot Size

0.37 acres

Garage

2

About This Property

NEW CONSTRUCTION | 3 BEDROOMS | 2 BATHROOMS | 1,860 SQ FT | 0.37-ACRE LOT | OCALA. Welcome to this beautiful brand-new construction home located on a premium 0.37-acre lot in Ocala, situated on a beautiful street surrounded by other attractive new construction homes. With 3 bedrooms, 2 bathrooms, and 1,860 square feet of thoughtfully designed living space, this home offers an excellent combination of modern comfort, functionality, and generous outdoor space. The open-concept floor plan provides a seamless flow between the living, dining, and kitchen areas, creating a welcoming space for everyday living and entertaining. The modern kitchen features stainless steel appliances, ample cabinetry, generous counter space, and a functional layout designed for both style and convenience. The spacious primary suite offers a private retreat with a well-appointed ensuite bathroom and plenty of closet space. Two additional bedrooms provide flexibility for family, guests, a home office, playroom, or other needs. One of the standout features of this property is the large 0.37-acre lot, offering significantly more outdoor space than many newer homes in the area. The expansive homesite provides plenty of room for outdoor activities, pets, gardening, recreation, or future improvements, subject to applicable requirements. The property also features a paved driveway, attractive contemporary exterior finishes, and excellent curb appeal. For added peace of mind, this home includes a builder-provided 7-Year Customized State Warranty for Florida, featuring 1-year workmanship and materials coverage and 7-year designated structural protection. Located in Ocala, this home provides convenient access to shopping, restaurants, medical facilities, schools, major roadways, and Central Florida's many outdoor attractions. Enjoy nearby parks, trails, natural springs, equestrian activities, and easy access to surrounding communities. Whether you're looking for a primary residence, family home, second home, or investment property, this new construction offers modern living, an oversized 0.37-acre homesite, and the appeal of being surrounded by other newer homes on a beautiful street. Easy showing with ShowingTime. Schedule your private tour today!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #OM730804
StatusActive
Year Built2026
Total Rooms8
ConstructionBlock
RoofShingle
FoundationSlab
FacesSouth
SubdivisionMARION OAKS UNIT 5
CountyMarion
OwnershipFee Simple
New ConstructionYes

Interior Features

InteriorKitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
FlooringLuxury Vinyl
AppliancesDisposal, Electric Water Heater, Microwave, Range, Refrigerator
LaundryInside
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorLighting, Private Mailbox, Sliding Doors
Lot Size0.37 acres (16,117 sq ft)
Lot FeaturesCleared, Level
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesCable Available, Electricity Connected, Phone Available, Underground Utilities, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$269,900
Original Price$274,900
Annual Taxes$584 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningR1
Parcel #8004043837

Schools

ElementaryMarion Oaks Elementary School
MiddleHorizon Academy/Mar Oaks
HighSouth Marion High School

Directions

Take I-75 to Exit 341 for CR-484. Head west on CR-484 W, then turn left onto Marion Oaks Blvd. Continue south on Marion Oaks Blvd, turn left onto Marion Oaks Trail, turn left onto SW 32nd Ave Rd, turn right onto SW 165th St, and turn right onto SW 31st Terrace. The property will be on your left.

Location

16503 SW 31ST TERRACE, OCALA, FL 34473

Listing Information

OfficeLOKATION
ListedAugust 23, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$269,900

20% ($53,980)
6.75%

Loan Term

Principal & Interest$1,400
Property Tax (est.)$247
Insurance (est.)$150
Total Monthly$1,798
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $269,900 home in OCALA.

🏛️

FHA Loan

$9,447 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$13,495 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 15, 2026.

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