


$2,490,000
5500 24th Street
Ocala, FL 34480
Listing updated: December 29, 2025 at 10:45 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveNov 1, 2024
- Listed$3,400,000Aug 3, 2022
- Price reduced$2,490,000
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-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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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.
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