For sale· 535 days on market
5500 24TH
Ocala, FL, 34480·MLS# OM643873
$2,490,000
Estimated $16,307/mo estimated
- 34.00 ac
- Lot size
- Land
- 34.00 acre lot
About this home
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.
Facts & features
Property
- Type
- Land
- Lot size
- 34 acres
Financial
- Annual taxes
- $3,636.44
Estimate your monthly payment
$16,307/ month estimated
- Principal & interest$12,986
- Property tax$2,283
- Insurance$1,038
Illustrative estimate — not a lending offer.
Location
Ocala, FL
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Courtesy of SVN MCDONALD & COMPANY
reThought Real Estate
My local team · (407) 974-5509
$2,490,000