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Active · Single Family

16397 5TH STREET

SILVER SPRINGS, FL 34488

Beds
4 beds
Baths
2 baths
Area
2,640 sqft
Single FamilyBuilt 198745,738 sqft lotHeat PumpCentral AirFireplace$121/sqft70 days on market

Location

About this home

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 LAKE FRONT VACATION RENTAL! Check out website for Juniper Springs!

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
2,640 sqft
Heating
Heat Pump
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Fireplace
Yes
Stories
2
Features
Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
Appliances
Built-In Oven, Cooktop, Dishwasher, Dryer, Range, Refrigerator…

Exterior & lot

Lot size
45,738 sqft (1.05 ac)
Waterfront
Yes
Roof
Metal
Construction
Frame
Exterior
None

Financial

Annual tax
$1,468 (2025)
Price / sqft
$121/sqft

Utilities

Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Water Connected

Property

Property type
Single Family
Year built
1987
Subdivision
OWEN LAKE HEIGHTS
County
Marion

Listing

Status
Active
Days on market
70 days
MLS #
MFR800045388
Source
Stellar MLS

Listed by Lance Schenker · BILL RODGERS REALTY

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$1,740/mo
Principal & interest
$1,618/mo
Property tax
$122/mo
Home insurance
Left out until you enter a quote

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Similar homes nearby

Homes for sale in SILVER SPRINGS within the same price band.

15470 HIGHWAY 314Active
$292,550
15470 HIGHWAY 314
SILVER SPRINGS, FL 34488
3 beds2 baths1,152 sqft
50 120TH AVENUEActive
$395,000
50 120TH AVENUE
SILVER SPRINGS, FL 34488
5 beds3 baths3,596 sqft
636 130TH COURTActive
$285,000
636 130TH COURT
SILVER SPRINGS, FL 34488
4 beds2 baths1,715 sqft

Price history

From the property’s MLS record.

DateEventPriceChange
Jul 13, 2026Listed$320,000

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for SILVER SPRINGS, FL are not connected yet, so this page does not show them.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Frequently asked questions

What would 16397 5TH STREET, SILVER SPRINGS cost per month?

About $1,740 a month: $1,618 principal and interest, $122 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.

Is 16397 5TH STREET, SILVER SPRINGS priced fairly?

Comparable homes nearby put it between $648,173 and $745,747, with $696,960 in the middle. Those are asking prices, not closed sales: 3 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $264 a square foot.

How does 16397 5TH STREET, SILVER SPRINGS compare to nearby homes?

3 comparable properties within three miles. The nearest: 16930 1ST LANE, SILVER SPRINGS, FL at $99,900, 2,114 sq ft, 0.56 miles away; 3351 164TH TERRACE, OCKLAWAHA, FL at $559,000, 2,120 sq ft, 1.94 miles away; 17482 34TH LANE, OCKLAWAHA, FL at $850,000, 2,997 sq ft, 2.37 miles away.

How long has 16397 5TH STREET, SILVER SPRINGS been on the market?

6 days on the market.

Has the price of 16397 5TH STREET, SILVER SPRINGS changed?

The price has not moved since it was listed.

How big is 16397 5TH STREET, SILVER SPRINGS?

4 bed, 2 bath, 2,640 square feet. That is $121 a square foot.

What year was 16397 5TH STREET, SILVER SPRINGS built?

Built in 1987.

What is the HOA fee at 16397 5TH STREET, SILVER SPRINGS?

The feed lists no association fee for this property.

What are the property taxes at 16397 5TH STREET, SILVER SPRINGS?

Property tax works out to about $122 a month, $1,468 a year, on the 2025 assessment.

Is 16397 5TH STREET, SILVER SPRINGS still available?

It is still on the market.