5500 24th Street, FL
Stellar MLS

$2,490,000

5500 24th Street

Ocala, FL 34480

Listing updated: December 29, 2025 at 10:45 AM ET

Active
0
Baths
34
Acres
34 acres$2/sqft360° tour
Land

Property type

1,481,040 sqft

Lot size

$2

Price / sq ft

No HOA

HOA dues

958

Days on market

X

Flood zone

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.

Estimated monthly payment

Principal & interest$12,591
Property taxes$303
Home insurance (est.)$1,141

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history958 days on market

  1. Status: Active
    Nov 1, 2024
  2. Listed$3,400,000
    Aug 3, 2022
  3. Price reduced$2,490,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
958
County
Marion
Price/sq ft
$2
Lot size
1,481,040 sq ft
Lot category
20 to less than 50
Flood zone
X
Annual taxes
$3,636 (2021)
Parcel #
29697-018-00
Zoning
A-1
MLS #
OM643873

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Available

Listing Details

Listing date
2022-08-02
On market date
2022-08-03
Original list price
$3,400,000
MLS area
34480 - Ocala
Listing AOR
Ocala - Marion
Status changed
2024-11-01
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

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

This property is near the Baseline/SE 28th St interchange.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of December 29, 2025 at 10:45 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA