5500 Southeast 24th Street

Ocala, FL 34480

$2,490,000
Price
1,481,040 / 34
Lot Size / Acres

Description

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,...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.
  1. Listed by Bartow McDonald IV • SVN MCDONALD & COMPANY

Property Details for 5500 Southeast 24th Street

Township
15
Waterfront
No
LISTING UPDATED: 11/01/2024 04:37 PM

Property Details for 5500 Southeast 24th Street

StatusActive
MLS #OM643873
Days on Market581
Taxes$3,636 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size34.00 AC
CountyMarion County

Building Information for 5500 Southeast 24th Street

Lot Size34.00 AC

Property Information for 5500 Southeast 24th Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: This property is near the Baseline/SE 28th St interchange.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Street Number: 5500
  • Street Direction Prefix: SE
  • Street Name: 24TH
  • Street Suffix: STREET
  • State: FL
  • City: OCALA
Taxes and HOA Information
  • Tax Block: 0
  • Tax Book Number: 0
  • 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
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Other
  • Lot Size Dimensions: 1110x1318x1311x1311
  • Parcel Number: 29697-018-00
  • Total Acreage: 20 to less than 50
  • Water Access: No
  • Water Extras: No
  • Zoning: A-1
  • Lot Dimensions: 1110x1318x1311x1311
Property and Assessments
  • Flood Zone Code: X
  • Public Survey Range: 22
  • Public Survey Section: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 1110
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 5500 Southeast 24th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5500 Southeast 24th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,600 ($383 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,522 SqFtAbove Grade Finished SqFt1,522 SqFtStories1Lot Size1,646,132 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1987ZoningA1CountyMARIONAPN29697-018-00Fireplace TypeHas Fireplace

Schools near 5500 Southeast 24th Street

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Maplewood Elementary School
PublicPK to 5

Osceola Middle School
Public6 to 8

Forest High School
Public9 to 12

Silver River Mentoring And Instruction
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5500 Southeast 24th Street is a 34 ac of land for sale in Ocala, FL 34480. This property was listed for sale on August 2, 2022 by SVN MCDONALD & COMPANY, it's currently listed at $2,490,000. This listing's school district is Marion. Nearby schools include Maplewood Elementary School, Osceola Middle School and Forest High School. 5500 Southeast 24th Street is a 0-bed, 0-bath, 34 ac of land on a 1,481,040 sq. ft. / 34 acres lot.

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Listing Courtesy of SVN MCDONALD & COMPANY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.