Ocala, FL 34479,0 NE 16TH TER #Lot B-3
Ocala, FL 34479,0 NE 16TH TER #Lot B-3
Ocala, FL 34479,0 NE 16TH TER #Lot B-3
Ocala, FL 34479,0 NE 16TH TER #Lot B-3
Ocala, FL 34479,0 NE 16TH TER #Lot B-3
Ocala, FL 34479,0 NE 16TH TER #Lot B-3
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$200,000

$214,900

6.9%
Est.Price: ?

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Est. payment /mo

2.16 Acres Lot


SOLD DATE : 12/28/2020

Key Details

Sold Price $200,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Jumbolair Aviation Estate

MLS Listing ID A4448149

Sold Date 12/28/20

Construction Status Inspections

HOA Fees $388/mo

HOA Y/N Yes

Annual Tax Amount $2,102

Lot Size 2.160 Acres

Acres 2.16

Lot Dimensions 398x235

Property Description

Forget Flying Commercial, Fly from your back door! Welcome to the largest and most exclusive aviation community in the world, Jumbolair. 7550 x 200 paved runway with GPS approach, and 3640 x 100 grass runway. Originally owned by Muriel Vanderbilt Adams, an American socialite and great-great-granddaughter of railroad and shipping magnate Cornelius Vanderbilt. Muriel Vanderbilt owned 80 acres surrounding the mansion where she bred thoroughbreds in the 1960s and '70s. The property was the birthplace of Eclipse champion and U.S. Racing Hall of Fame inductee Desert Vixen. However, the legend of Jumbolair really began in 1980 with the eccentricity of Arthur Jones, inventor of Nautilus exercise equipment, when he and his wife Terri purchased the estate and an additional 450 acres. They added the runway and the warehouse facilities. In 1989, Terri took over and helped develop the aviation community. An accomplished pilot type rated in everything from a Citation to a 747. Her plans for the community were born out of her love for aviation. In 2013, Mr. Merschman acquired the property, took the remaining aviation estate lots off the market and ended the B&B. He built his own estate and kept the property private, except for an occasional event where owners of exotic cars use the runway as a drag strip. Situated in Ocala, FL, Jumbolair's rolling hills and sprawling oaks seem in direct contrast to its large 7,550-foot runway. The homesites have separate roads and taxiways. This community will exceed your expectations.

Location

State FL

County Marion

Community Jumbolair Aviation Estate

Zoning A1

Exterior

Community Features Deed Restrictions, Gated, Horses Allowed

Utilities Available Electricity Available

Amenities Available Airport/Runway

Waterfront false

Building

Lot Size Range 2 to less than 5

Sewer Septic Needed

Water Well Required

Construction Status Inspections

Others

Pets Allowed Breed Restrictions, Yes

Ownership Fee Simple

Monthly Total Fees $388

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by PREMIER SOTHEBYS INTL REALTY
Bought with PREMIER SOTHEBYS INTL REALTY
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