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5500 24th Street
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PRICED AT ONLY: $2,490,000

Address: 5500 24th Street, OCALA, FL 34480

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, 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.
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  • MLS#: OM643873 ( Land )
  • Street Address: 5500 24th Street
  • Viewed: 261
  • Price: $2,490,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 982
  • Acreage: 34.00 acres
  • Additional Information
  • Geolocation: 29.1626 / -82.0599
  • County: MARION
  • City: OCALA
  • Zipcode: 34480
  • Provided by: SVN MCDONALD & COMPANY
  • Contact: Bartow McDonald IV
  • 352-274-3800
  • mfrmls
  • DMCA Notice
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: Public Sewer
  • Utilities: Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2021
Other Features
  • Country: US
  • Current Use: Other
  • 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
  • Area Major: 34480 - Ocala
  • Parcel Number: 29697-018-00
  • Views: 261
  • Zoning Code: A-1
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  1. MLSID: G5090346
  2. Provided by AKIN REALTY COMPANY
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