$55,000
140th Court
Ocala, FL 34481
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Double lot for sale in beautiful Ocala Florida. Lot is splitable into 2 individual lots. High, dry and flat 150 ft x 135 ft. Septic needed. Good opportunity to purchase 2 lots for 1 price.
Local Insight
At $3/sqft for nearly half an acre in Rainbow Park, you're looking at raw land in an established subdivision with no HOA—ideal if you're planning a modest build or holding for appreciation, but you'll need to verify what utilities are already run to the lot and what the actual build costs look like in this area. The X flood zone is a big plus for financing and insurance, though in Ocala you're buying into the horse country market, which means resale value is heavily tied to equestrian appeal and local investor interest rather than general Florida demand. This price point suggests either a motivated seller or land that needs work (survey the 360 tour carefully for easements, tree coverage, or drainage quirks), so get a site inspection and title search done before committing.
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 history6 days on market
- Status: ActiveJan 22, 2026
- Listed$55,000Jan 21, 2026
- Price increased$55,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 6
- Subdivision
- Rainbow Park Un 01
- County
- Marion
- Price/sq ft
- $3
- Lot size
- 20,038 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12083C0486E)
- Annual taxes
- $591 (2025)
- Parcel #
- 2001-017-026
- Zoning
- R1
- MLS #
- O6375196
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electrical Nearby, Electricity Available
Listing Details
- Listing date
- 2026-01-15
- On market date
- 2026-01-21
- Original list price
- $55,000
- MLS area
- 34481 - Ocala
- Listing AOR
- Orlando Regional
- Status changed
- 2026-01-22
- Tax legal description
- SEC 24 TWP 15 RGE 19 PLAT BOOK G PAGE 010 RAINBOW PARK UNIT 1 BLK 17 LOTS 26.27
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
Follow FL- 40 W to SW 140th Ct in Rainbow Park, Turn left onto FL-40W, Turn Right onto SW 140th Ave, Turn left onto 24th St, Turn Right at the 1st cross street onto SW140th Ct(paved road).
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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 27, 2026 at 9:11 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.
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