NE 165TH TERRACE, SILVER SPRINGS, FL, 34488
Active204 days on marketListed Jan 13, 2026MLS #TB8464196
About this home
NE 165TH TERRACE
Quiet 0.23-acre wooded residential lot located in the Timberlane subdivision of Silver Springs, offering a private, natural setting just minutes from the Ocala National Forest. This property is zoned R-4, allowing Mobile Homes, Frame homes, or Concrete block construction, making it an excellent option for a primary residence, weekend retreat, or investment opportunity. No HOA and No deed restrictions provide flexibility to build and use the property to suit your needs. The lot is located in a No Flood Zone and is surrounded by Florida’s natural beauty, with close proximity to hundreds of lakes, rivers, and natural springs. Enjoy boating, fishing, swimming, hiking, camping, horseback riding, and ATV trails. Popular nearby attractions include Juniper Springs, Silver Glen Springs, and Salt Springs, with Daytona Beach approximately one hour away. Affordable land in a growing area surrounded by nature. Qualified buyers may purchase this lot with as little as 20% down payment.
Facts & features
The home at a glance
0.23 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.
$258 /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
$258/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.
Where it sits
Inside Silver Springs
Get to know Silver Springs. See the full Silver Springs guide →
SILVER SPRINGS 34488 — neighborhood snapshot
Population
11,525
Median age
45.8
Median income
$45,239
Median home value
$75,300
Avg household
2.27
Households w/ children
1,214
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Silver Springs market
$148K → $197K
Silver Springs median sold, yr/yr
94.8%
Sale-to-list ratio (12 mo)
Median sold price, Silver Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 84% below the SILVER SPRINGS 34488 median. See the full Silver Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near NE 165TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$63,000
207 NE 168TH COURT · same community
2 bd · 1 ba · 672 sqft · $94/sqft · 11 DOM
Sold · Oct ’25$50,000
89 NE 169TH AVENUE · same community
2 bd · 1 ba · 1,083 sqft · $46/sqft · 163 DOM
Sold · Apr ’26$150,000
621 NE 165TH TERRACE · same community
2 bd · 1 ba · 1,118 sqft · $134/sqft · 69 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
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about NE 165TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for NE 165TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
NE 165TH TERRACE FAQs
What would the monthly payment be for NE 165TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $258/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 NE 165TH TERRACE?+
The most recent tax bill on record (2025) was $117. 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 Silver Springs?+
At $14,000, this home is listed about 94% below the Silver Springs median of $225,000. The market section on this page shows how the area is trending.
Which schools are assigned to NE 165TH TERRACE?+
East Marion Elementary School (elementary), Lake Weir High School (high), Fort McCoy School (elementary) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SILVER SPRINGS 34488 market on paper
$14,000 is 84% below the SILVER SPRINGS 34488 median of $89,900.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
204 days on market against a Silver Springs median of 69 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of PLANTATION REALTY, INC. · Carol Villani. MLS #TB8464196.
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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