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$259,900 Just Listed
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Property Description
Under Construction. Under Construction! Be among the first to experience the charm of this new construction, "Magnolia" Model by Bakan Homes, set to be completed by May 29th, 2026. This beautifully designed home offers a fusion of modern comfort that's perfect for families, first-time homebuyers, or anyone looking for a fantastic investment opportunity. With 8' ceilings in the bedrooms and vaulted ceilings in the social areas, this home welcomes you with a sense of openness and comfort. The heart of this home boasts soft-close cabinets, elegant quartz countertops, and top-of-the-line stainless steel appliances, including a dishwasher. It's a chef's dream! The kitchen peninsula is adorned with seeded LED pendant lighting, adding a touch of sophistication to your space. Luxury water-resistant vinyl plank flooring throughout the home not only looks beautiful but also ensures easy maintenance, making it perfect for families and pet owners. This home offers the perfect blend of functionality and aesthetics, ensuring you can enjoy modern living without breaking the bank. Your investment is protected by a limited Builder Warranty that expires 1 year after the issuance of the Certificate of Occupancy. Pictures are of a recently completed model. Colors, finishes, and appliances may vary from home to home. Estimated completion dates are subject to change and may be delayed due to unforeseen circumstances.
Full Property Details
Full Property Details for 16098 SW 42nd Terrace
General
- Price: $259,900
- Taxes: $404 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM720830
- Updated: 3/15/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: High Ceilings, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34473 - Ocala
- County: Marion
- Development Name: 34473 - Ocala
- Subdivision: MARION OAKS UN FIVE
- Driving Directions: You can use these coordinates for the jobsite: https://maps.app.goo.gl/9pM6nnD5SucbDTB17
- Direction Faces: Northeast
Community
- Community Name: 34473 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Builder: Bakan Homes LLC
- Approx Compl Date: 2026-05-29T04:00:00.000Z
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,267
- Sq. Ft. Source: Builder
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117
- Lot Size: 16117
- Lot Dimensions: 130 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $404.77
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 27 TWP 17 RGE 21 PLAT BOOK O PAGE 081 MARION OAKS UNIT 5 BLK 777 LOT 11
- Flood Zone Info: X
- APN: 8005077711
- Property ID: 8005077711
- Block/Lot/Section: 777
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Schools
Schools serving 16098 SW 42nd Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Ocala, FL 375 Marion Oaks Course, Ocala, FL 34473 | PK-5 | 1.2 mi |
Horizon Academy At Marion Oaks 365 Marion Oaks Drive, Ocala, FL 34473 | 6-8 | 1.2 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 14.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16098 SW 42nd Terrace
Date
Details
Price
Change
Source
3/14/2026
Listed
$259,900
477.56%
MLS
6/19/2025
Sold
$45,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16098 SW 42nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$405
16%
$5,613
10%
2024
$349
10%
$5,103
10%
2023
$317
27%
$4,639
-72%
2022
$249
36%
$16,800
147%
2021
$183
—
$6,800
8%
2021
$183
18%
$6,300
119%
2018
$155
-1%
$2,880
10%
2017
$156
14%
$2,618
10%
2016
$137
-21%
$2,380
-36%
2015
$173
4%
$3,740
18%
2019
$166
5%
$3,168
-7%
2014
$158
-1%
$3,400
-3%
2013
$159
—
$3,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16098 SW 42nd Terrace
16098 SW 42nd Terrace, Ocala, FL 34473 (MLS# OM720830) is a Single Family property with 3 bedrooms and 2 full bathrooms. 16098 SW 42nd Terrace is currently listed for $259,900 and was received on March 14, 2026. Want to learn more about 16098 SW 42nd Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

