Suwannee
16392 198TH TRACE
58
Map
$660,000
↓ $15K (2.2%)
●
House -
For Sale
16392 198TH TRACE
O'BRIEN, FL 32071
4 Beds
2 Baths
2,300 Ft²
$3,397
Est. Monthly
About This Property
MUST-SEE CUSTOM-BUILT SUWANNEE RIVER HOME WITH A NATURAL SPRING!
This exceptional 2,300 SF, 4-bedroom, 2-bath custom home sits on
just over 3 acres and offers approximately 400 feet of beautiful
Suwannee River frontage. Designed with comfort, entertaining, and
enjoying the outdoors in mind, this unique property offers an
incredible North Florida lifestyle surrounded by nature and
peaceful river views.
Inside, the home features high ceilings, abundant natural light, and beautiful views of the Suwannee River, creating a bright and welcoming atmosphere. The spacious layout provides plenty of room for family and guests, while the home's thoughtful design and custom touches add character throughout.
Outdoor living is where this property truly shines. Enjoy the floating dock and freshwater spring at the river's edge, perfect for relaxing, fishing, enjoying the water, or simply taking in the scenery. The gorgeous fenced-in yard provides a private outdoor space, while multiple outbuildings offer additional storage and versatility. A custom fire pit creates the perfect gathering spot for evenings outdoors.
For entertaining, the property features a screened room with ceiling fans and a quarter bath, providing a comfortable space to enjoy the outdoors while staying protected from the elements. The spacious front porch includes a freight/automatic lift, while the back deck offers additional outdoor living space with room for a hot tub.
Additional features include a tankless hot water heater, whole-house generator, covered parking, and ample storage underneath the home. The property also includes a full RV hookup with a separate septic system, making it ideal for guests, extended stays, or recreational use.
With its custom-built home, expansive river frontage, natural spring, dock, acreage, multiple outdoor spaces, RV hookup, generator, and exceptional entertaining features, this is truly a one-of-a-kind riverfront property. Come experience the beauty, privacy, and possibilities this special Suwannee River retreat has to offer!
Inside, the home features high ceilings, abundant natural light, and beautiful views of the Suwannee River, creating a bright and welcoming atmosphere. The spacious layout provides plenty of room for family and guests, while the home's thoughtful design and custom touches add character throughout.
Outdoor living is where this property truly shines. Enjoy the floating dock and freshwater spring at the river's edge, perfect for relaxing, fishing, enjoying the water, or simply taking in the scenery. The gorgeous fenced-in yard provides a private outdoor space, while multiple outbuildings offer additional storage and versatility. A custom fire pit creates the perfect gathering spot for evenings outdoors.
For entertaining, the property features a screened room with ceiling fans and a quarter bath, providing a comfortable space to enjoy the outdoors while staying protected from the elements. The spacious front porch includes a freight/automatic lift, while the back deck offers additional outdoor living space with room for a hot tub.
Additional features include a tankless hot water heater, whole-house generator, covered parking, and ample storage underneath the home. The property also includes a full RV hookup with a separate septic system, making it ideal for guests, extended stays, or recreational use.
With its custom-built home, expansive river frontage, natural spring, dock, acreage, multiple outdoor spaces, RV hookup, generator, and exceptional entertaining features, this is truly a one-of-a-kind riverfront property. Come experience the beauty, privacy, and possibilities this special Suwannee River retreat has to offer!
Unit Size
2,300 Ft²
Days on Market
46 days
Land Size
3.25 acres
Price per sqft
$287
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1997
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 19 days ago (Stellar MLS #D6148407)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by CENTURY 21 SUNBELT REALTY | $675,000 | |
| Listed by CENTURY 21 SUNBELT REALTY | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Carport
Has Open Parking
Parking Features: Circular Driveway, Covered, Driveway, Open, Underground
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Appliances: Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Carpet, Cork, Engineered Hardwood, Linoleum, Tile
Door Features: French Doors
Laundry Features: Laundry Room
Rooms: 10
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Exterior Details
Square Footage: 2300
Square Footage Source: $0
Architectural Style: Custom, Elevated
Year Built: 1997
Waterfront Features: River Front
Waterbody Name: SUWANNEE RIVER
Building Area Total: 5938
Levels: One
Other Structures: Gazebo, Shed(s), Storage
Building Area Units: Square Feet
Window Features: Aluminum Frames
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Front Porch, Other, Rear Porch, Screened
Lot Features: Landscaped, In County, Oversized Lot
Lot Size Area: 3
Lot Size Units: Acres
Lot Size Acres: 3.25
Lot Size Square Feet: 130680
Tax Lot: 95
Water Source: Well
Financial Details
Tax Annual Amount: $1,866
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Aerobic Septic, Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Suwannee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jayson Burtch
CENTURY 21 SUNBELT REALTY
Last Updated: 19 days ago
Data Source: Stellar MLS, MLS# D6148407
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
CENTURY 21 SUNBELT REALTY
Last Updated: 19 days ago
Data Source: Stellar MLS, MLS# D6148407
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017