Excellent residential subdivision development parcel located within established residential neighborhood. Land use provides for up to 270 units (8 units/acre), however, four to five units per acre for a non rental subdivision have a higher probability of zoning approvals. The property is currently zoned A-1 Agriculture and will need to be rezoned to PUD with Marion County. Close to Maplewood Elementary (1.2 miles) and Forest High School (2.7 miles). Publix, the YMCA, Zaxby's, Dunkin Donuts, Sonic, McDonalds, Planet Fitness, Starbucks and Chase Bank are a five to seven minute drive west. Jervey Gantt recreational park, Shocker baseball/softball park and the Baseline Trailhead to the Greenway are also within a five minute drive. Central water is located within 250'+/- along north boundary on SE 24th Street, sewer lines are 1,300'+/- west along Baseline Road. (See utility map.) Public records indicate no FEMA floodplain issues. Property provides three ingress/egress points for access. Sellers wish to retain three of the 37.78 acre parent parcel for private residence.
Lot/land
$2,490,000
5500 SE 24th St, Ocala, FL 34480
--beds
0baths
34Acres
Unimproved Land
Built in ----
34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Established residential neighborhood
- 1437 days |
- 105 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Bartow McDonald IV 352-274-3800,
SVN MCDONALD & COMPANY 352-274-3800
Source: Stellar MLS,MLS#: OM643873
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 34 Acres
- Dimensions: 1110 x 1318 x 1311 x 1311
Details
- Parcel number: 2969701800
- Zoning: A-1
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Pet fee: $0 monthly
Location
- Region: Ocala
Financial & listing details
- Tax assessed value: $712,334
- Annual tax amount: $3,636
- Date on market: 8/3/2022
- Cumulative days on market: 1019 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,402/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Listed for sale | $2,490,000 |
Source: | ||
| 4/11/2024 | Pending sale | $2,490,000 |
Source: | ||
| 1/8/2023 | Price change | $2,490,000-26.8% |
Source: | ||
| 11/1/2022 | Listed for sale | $3,400,000 |
Source: | ||
| 8/16/2022 | Pending sale | $3,400,000 |
Source: | ||
| 8/4/2022 | Listed for sale | $3,400,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,819 +4.8% | $270,722 +9.7% |
| 2023 | $4,600 +19.3% | $246,889 +10.5% |
| 2022 | $3,857 +1.8% | $223,498 +5.5% |
| 2021 | $3,788 -0.1% | $211,770 +0.6% |
| 2020 | $3,792 -0.8% | $210,422 +0.2% |
| 2019 | $3,823 | $210,028 +1.3% |
| 2018 | $3,823 +5.9% | $207,308 +1% |
| 2017 | $3,611 +8.4% | $205,259 -7.2% |
| 2016 | $3,330 | $221,147 +0.7% |
| 2015 | $3,330 +5.8% | $219,551 +0.4% |
| 2014 | $3,147 +1.8% | $218,573 +0.7% |
| 2013 | $3,092 -9.7% | $217,160 -9.1% |
| 2012 | $3,423 +2.9% | $238,842 +2.9% |
| 2011 | $3,327 +2.2% | $232,155 +1.4% |
| 2010 | $3,257 +5.4% | $228,861 -71.8% |
| 2009 | $3,090 +1.7% | $812,553 -26.7% |
| 2008 | $3,037 -3.1% | $1,108,580 +0.6% |
| 2007 | $3,135 -6.8% | $1,102,359 +58.1% |
| 2006 | $3,364 -1% | $697,377 +25% |
| 2005 | $3,397 | $558,076 +1.2% |
| 2004 | $3,397 -7% | $551,544 -18.5% |
| 2002 | $3,651 +6.2% | $676,903 +26.4% |
| 2001 | $3,438 | $535,478 |
| 2000 | $3,438 | $535,478 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34480
Nearby schools
GreatSchools rating
- 7/10Maplewood Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Osceola Middle SchoolGrades: 6-8Distance: 4.6 mi
- 5/10Forest High SchoolGrades: 9-12Distance: 1.8 mi
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Contact agent
- Florida
- Marion County
- Ocala
- 34480
- 5500 SE 24th St