$24,900
Lot 7 159th Avenue
Ocala, FL 34481
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This 0.24 acre vacant land is in Rainbow Park’s Unit 4. It is wooded and is now available for your home to be built. The owner is willing to provide financing terms with a 20% down payment. The owner financing terms are 10-year amortization at 9.9% with no pre-payment penalty. With seller financing, buyer pays all closing costs.
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 history355 days on market
- Status: ActiveDec 10, 2025
- Listed$24,900Dec 11, 2024
- Price increased$24,900
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 355
- Subdivision
- Rainbow Park #4
- County
- Marion
- Price/sq ft
- $2
- Lot size
- 10,454 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $101 (2023)
- Parcel #
- 2004-203-007
- Zoning
- R1
- MLS #
- OM690304
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Owner Financing
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Unimproved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electrical Nearby
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2024-12-11
- On market date
- 2024-12-11
- Original list price
- $24,900
- MLS area
- 34481 - Ocala
- Listing AOR
- Ocala - Marion
- Status changed
- 2025-12-10
- Tax legal description
- SEC 23 TWP 15 RGE 19 PLAT BOOK G PAGE 035 RAINBOW PARK UNIT 4 BK 203 LOT 7
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
From the intersection of I-75 and W. Hwy. 40, go west on Hwy 40. Turn right on SW 140th Court. Follow SW 140th Court until it bears left and becomes SW 149th Court Road. Continue on SW 149th Court Road. Enter the turnaround circle and exit from the turnaround circle at the second right turn. This will be SW 159th Avenue Road. Go approximately eight blocks on SW 159th Avenue Road until you find SW 159th Avenue on the left. Turn left on SW 159th Avenue. The property will be approximately 400 feet from that intersection of SW 159th Avenue Road and SW 159th Avenue on the right hand side of the road.
More homes like this
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 10, 2025 at 3:28 PM 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