Listing provided courtesy of SVN MCDONALD & COMPANYas Distributed by MLSGrid- MLS# MFROM643873MLS Provider

5500 SE 24TH STREETOCALA, FL 34480

Vacant Land · 34.00 Acres
$2,490,000 Active

5500 SE 24TH STREET Overview

Time on Site:
1141 days
Visits:
2

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5500 SE 24TH STREET Facts & Features

  • Type Vacant Land
  • Lot 34.00 Acres

Details

General

Business Information

  • Current Use: Other

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34480 - Ocala
  • Township: 15

Tax Information

  • Tax Annual Amount: 3636.44
  • Tax Year: 2021

General Information

  • Ownership: Fee Simple
  • Parcel Number: 29697-018-00
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: A-1

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 34
  • Lot Size Dimensions: 1110x1318x1311x1311
  • Lot Size Square Feet: 1481040
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available

5500 SE 24TH STREET Neighborhood

Community

34480 (Ocala) Demographics

41
Median Age
627
Population Density (per sq. mile)
35%
College Educated
$58,189
Estimated Median Income
5,795
Estimated Total Home Owners
2,069
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5500 SE 24TH STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5500 SE 24TH STREET Market Data

Based on the last 30 days in this zip code

$557,627
Average List Price
$238
Average Price per Square Foot
26
Properties Sold
111
Average Days on Market
231
Properties for Sale
Calculations provided by Reliance Network

5500 SE 24TH STREET History

Date Event Value Agent
11/1/2024Source: My Florida Regional MLS Status Change
Active
4/11/2024Source: My Florida Regional MLS Status Change
Pending
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022