TBD SW 5TH LANE, Ocala, FL, 34481 | $59,900

4 ADJOINING LOTS IN RAINBOW PARK, OCALA making up to one . 92 acres lot, or divide it in four . 23 acres lot. Prime Investment Opportunity!
High-Growth Area; Build or Hold. Unlock the potential of FOUR adjoining lots being sold together in the sought-after Rainbow Park Unit 8 subdivision in Ocala, FL. This is a rare package deal—perfect for investors, builders, or anyone looking to secure land in one of Marion County’s fastest-growing areas. These high and dry lots offer flexible zoning (R4) ideal for site-built homes, with no HOA and mobile homes allowed preserving the area's long-term value and aesthetic. Located minutes from: SR-40 & SR-200; The World Equestrian Center (WEC) Shopping, dining, and medical services. Rainbow Springs State Park & outdoor recreation. Peaceful rural feel with proximity to city conveniences. Excellent buy-and-hold potential or immediate development. Investor/Builder Special – Whether you’re planning a small development, a family compound, or looking for land that may appreciate in value, this bundle is a smart move. Don’t miss this opportunity to own a solid piece of Ocala’s future. Submit your offer today before it's gone! or chose to buy two lots 0. 48 acres or a single lot of . 23 acres.

Features

  • Lot Size: 150 x 276
  • MLS#: OM710211
  • Days on Market: 147 days
  • Website: https://www.raveis.com
    /prop/OM710211/tbdsw5thlane_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 7/2/2026 12:17:15 PM)
Listing courtesy of HARRIETT DOWNS REAL ESTATE LLC   Phone: 877-600-0291

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

TBD SW 5TH LANE, Ocala, FL, 34481

$59,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $47,920 $47,920 $47,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $291 $303 $398
Total Monthly Payment $366 $378 $473

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.