Property
ActiveLand
1/13
$2,490,000

5500 SE 24TH STREET

Ocala, FL 34480
0
Beds
0
Baths
0
SqFt
34
Acres
STELLAR
#OM643873
Updated: Dec 29, 2026, 2:08pm

Property Description

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.
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Property Details

Site & Exterior
Current Use
Other
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
34
Lot Size Area
34
Lot Size Dimensions
1110 x 1318 x 1311 x 1311
Lot Size Square Feet
1481040
Lot Size Units
Acres
Public Survey Range
22
Public Survey Section
25
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
20 to less than 50
Utilities
Electricity Available
Water Source
Public
Zoning
A-1
Financials
Calculated List Price By Calculated Sq Ft
1.68
Contract Status Change Date
2022-08-03
Current Price
2490000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
2969701800
Price Per Acre
73235
Public Survey Township
15
Tax Annual Amount
3636.44
Tax Legal Description
SEC 25 TWP 15 RGE 22 NW1/4 OF NE1/4 EX W 218 FT OF E 278 FT OF S 200 FT EXC BEG AT NE COR OF NW 1/4 OF NE 1/4, S 00-02-00 E 25 FT, S 89-53-35 W 105 FT, N 34-16-20 W 30.21 FT, N 89-53-35 E
Tax Year
2021
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34480 - Ocala
Listing provided courtesy of STELLAR via IDX. Updated: Dec 29, 2026, 2:08pm.
Bartow McDonald IV

Listing Agent

SVN MCDONALD & COMPANY

Call Agent