Price Reduced 26.76%
Price History
$3,400,000
8/3/2022
$2,490,000
1/8/2023
5500 SE 24th STREET, Ocala, FL, 34480
Under contract-accepting backup offers. 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.
Status:
Pending
Type:
Lot / Acreage
Lot Size:
1110 x 1318 x 1311 x 1311
Acreage:
34
Est. Taxes:
$3,636
Current Use
Other
Permitted Use
Other
Utilities
Electricity Available
Days on Market:
535
MLS #:
OM643873
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of SVN MCDONALD & COMPANY Phone: 352-274-3800