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$320,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,640 Sq. Ft.
  • Updated 18 minutes ago
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Exquisite Two-story Lake Front home nestled in the Ocala National Forest, close to a myriad of crystal-clear natural springs, like Juniper Springs, Alexander Springs, Salt Springs and more. Juniper Springs is only 14 minutes away. Property features a lakefront pier and dock with a lazy swing for Morning Sunrise Coffee or Evening Sunset Cocktails. Home features a chef's kitchen with a large pantry, and an open floorplan for entertainment and relaxation. The enclosed porch opens up from the living room on both sides of the Fireplace with views of the Lake. Second floor master overlooking the Lake front has vaulted ceilings, skylight and fireplace. Fourth bedroom can be used for an in-home office. R-4 ZONING! POSSIBLE HOME-BASED BUSINESS OR VACATION RENTAL!

Full Property Details for 16397 SE 5th St

General

  • Price: $320,000
  • Taxes: $1,468 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM728504
  • Updated: Today (7/15/2026)
  • Added to Site: Today

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 7
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Skylight(s), Split Bedroom, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: None
  • Deck/Patio: Enclosed
  • Porch/Patio/Deck: Enclosed

Location

  • Area: 34488 - Silver Springs
  • County: Marion
  • Development Name: 34488 - Silver Springs
  • Subdivision: OWEN LAKE HEIGHTS
  • Driving Directions: From E Silver Springs Blvd (SR-40). Go East on SR 40 to traffic light at SR 40 and CR 314A, Continue past this intersection for approx. another 3/4 mile to SE 162 Terrace on left, turn left on to SE 162 Terr and go 1/2 mile to SE 5 ST on right, turn right on SE 5 ST and go to the end, there will be a sharp left at (RE Sign) to house at the end of the road.
  • Direction Faces: South

Community

  • Community Name: 34488 - Silver Springs

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water District: LAKE OWEN
  • Water: Well
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Metal
  • Stories/Levels: Two
  • Square Feet: 2,640
  • Sq. Ft. Source: Public Records
  • Year Built: 1987

Lot Features

  • Property View: Water
  • Lot Size (Acres): 1.05
  • Lot Size (Sq. Ft.): 45,738
  • Lot Size: 1.05
  • Lot Dimensions: irreg
  • Street/Road Desc.: Unimproved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Extras: Yes
  • Water Front Name: LAKE OWEN
  • Water Front Desc.: Lake Front

Financial Considerations

  • Tax Amount: $1,468
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 14 TWP 15 RGE 24 PLAT BOOK UNR PAGE 261 OWEN LAKE HEIGHTS LOT 19 BEING MORE FULLY DESC AS FOLLOWS: BEG 1100 FT N AND 170 FT W OF SE COR OF SE 1/4 OF SW 1/4 W 248 FT S 11-00-00W 163 FT W 44 FT N 01-00-00 E 326 FT SE 360 FT MOL TO POB & BEG 1100 FT N & 170 FT W OF SE COR OF SE 1/4 OF SW 1/4 TH N 64-00-00 W 360 FT N 24-00-00 E 15 FT S 64-00-00 E 360 FT SW 15 FT TO POB
  • Flood Zone Info: A
  • APN: 3238901900
  • Property ID: 3238901900
  • Block/Lot/Section: 0/0

Listed by Bill Rodgers Realty

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Listing agents

— 16397 SE 5th St —

  • Bill Rodgers Realty

  • Bill Rodgers Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16397 SE 5th St

School District:Marion County School District
NameGradesDistance
East Marion Elementary School
14550 Northeast 14th Street Road, Silver Springs, FL 34488
PK-52.2 mi
Fort Mccoy School
16160 Ne Highway 315, Fort McCoy, FL 32134
PK-515 mi
Lake Weir High School
10351 Southeast Maricamp Road, Ocala, FL 34472
9-129.3 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 16397 SE 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2026
Listed
$320,000
79.47%
MLS
11/20/2015
Sold
$178,300
—
Public Record
Get Price Alerts and Save Property
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 for 16397 SE 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,529
19%
$110,985
3%
2024
$1,290
3%
$107,857
3%
2023
$1,250
3%
$104,716
3%
2022
$1,208
1%
$101,666
3%
2021
$1,195
—
$98,705
1%
2021
$1,195
3%
$97,342
2%
2019
$1,156
-52%
$95,153
-27%
2018
$2,401
2%
$131,032
2%
2017
$2,365
3%
$128,380
3%
2016
$2,305
751%
$124,237
6%
2014
$271
—
$117,598
1%
2014
$271
—
$116,665
1%
2013
$271
—
$114,941
—
View All
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 for 16397 SE 5th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Bill Rodgers Realty

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16397 SE 5th Street, Silver Springs, FL 34488 (MLS# OM728504) is a Single Family property with 4 bedrooms and 2 full bathrooms. 16397 SE 5th Street is currently listed for $320,000 and was received on July 15, 2026. Want to learn more about 16397 SE 5th Street? Do you have questions about finding other Single Family real estate for sale in Silver Springs? You can browse all Silver Springs real estate or contact a Coldwell Banker agent to request more information.

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