16397 5TH STREET
SILVER SPRINGS, FL 34488
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- 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.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 13, 2026 | Listed | $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.
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.
