Address5500 Se 24Th Street, OCALA, FL, 34480

Price$2,490,000

  • Land

    Under contract-accepting backup offers. 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.

    Essential Information

    • MLS® #OM643873
    • Price$2,490,000
    • Bathrooms0.00
    • Acres34.00
    • TypeLand
    • StatusPending

    Community Information

    • Address5500 Se 24Th Street
    • AreaOcala
    • CityOCALA
    • CountyMarion
    • StateFL
    • Zip Code34480

    Additional Information

    • Date ListedAugust 3rd, 2022
    • Days on Market600
    • ZoningA-1

    Listing Details

    • OfficeSVN MCDONALD & COMPANY
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    Price Change History for 5500 Se 24Th Street, OCALA, FL (MLS® #OM643873)

    Date Details Change
    Status Changed from Active to Pending
    Price Reduced from $3,400,000 to $2,490,000 $910,000 (26.76%)
    Status Changed from Pending to Active
    Status Changed from Active to Pending

    Similar Listings To: 5500 Se 24Th Street, OCALA

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