$67,999
Tbd Sw 124th Terrace Road
Ocala, FL 34481
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Prime Investment Opportunity – Over 1 Acre of R1 Zoned Land in Rolling Hills! This expansive plot, just over 1 acre in size, is perfectly situated in a rapidly developing area, making it an exceptional investment opportunity. Zoned R1, the land is ideal for residential development, offering the potential to build a single-family home or hold for future growth as the neighborhood continues to evolve. With new developments happening nearby, this property is positioned for significant appreciation in value. Whether you’re looking to develop, hold, or simply invest in a thriving area, this land offers incredible potential. Take advantage of this prime location in an up-and-coming neighborhood with high growth potential. Secure your investment today in one of the area's most promising areas.
Local Insight
At $1 per square foot for 1.16 acres in Rolling Hills, you're looking at raw land in a subdivision with no HOA and zero flood risk—the pricing suggests this is either a distressed or speculative parcel that needs serious due diligence on utilities, access, and whether it's buildable or intended for equestrian use. The Ocala horse country location is a major asset if you're breeding or keeping thoroughbreds, but if you're not in that world, this is speculative land in a rural-adjacent area without the built-in demand of suburban residential markets. Check whether there are restrictive covenants tied to Rolling Hills that would lock you into equestrian development or minimum acreage rules—that'll make or break whether this is a bargain or a trap.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history363 days on market
- Status: ActiveJul 15, 2025
- Listed$79,900Jan 4, 2025
- Price reduced$67,999
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 363
- Subdivision
- Rolling Hills Un Four
- County
- Marion
- Price/sq ft
- $1
- Lot size
- 50,530 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Annual taxes
- $480 (2024)
- Parcel #
- 3494-128-109
- Zoning
- R1
- MLS #
- OM692217
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Dirt, Limerock
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electrical Nearby
Listing Details
- Listing date
- 2025-01-03
- On market date
- 2025-01-04
- Original list price
- $79,900
- MLS area
- 34481 - Ocala
- Listing AOR
- Ocala - Marion
- Status changed
- 2025-07-15
- Tax legal description
- SEC 05 TWP 16 RGE 20 PLAT BOOK L PAGE 047 ROLLING HILLS UNIT 4 BLK 128 LOT 9 S 1/2
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
West on SR 40 to left on SW 140th Ave. Drive half mile and turn left on 66th St then Lf on 129th Terr Rd. Turn right on SW 62nd Pl then left on 124th Terr Rd. Lot on left just before 5919 SW 124th Terrace Rd. Ocala, FL 34481
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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 January 14, 2026 at 1:25 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