34+/- Acres for 134+ Single Family Homes

For Sale

5500 SE 24TH ST, Ocala, FL 34480

This Ocala property for sale is located at 5500 SE 24TH ST. The current listed sale price for 34+/- Acres for 134+ Single Family Homes is $2,490,000. 34+/- Acres for 134+ Single Family Homes is situated on a lot that is 34 acre in size.

Contacts

broker

Bartow McDonald IV

SVN | McDonald & Company

(352) 274-3800

Property Details

  • Property Type VacantLand
  • Lot Size 34 Acre
  • Date Updated Apr 1, 2024
Located along Interstate 75 in North Central Florida, Ocala is a one-hour drive North of Orlando. Residents and businesses alike enjoy a high quality of life and a relatively low cost of living. Quality healthcare and one of Florida's lowest housing costs make Marion County a great place to live. The scenic landscape is graced by the pastoral beauty of more than 900 horse farms with plenty of green space for all to enjoy. Marion County is home to a diverse economy, blending horse farms and agricultural interests with a variety of business sectors.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. This is an excellent location for a 134 lot single family subdivision. The property is currently zoned A-1 Agriculture and will need to be rezoned to PUD with Marion County. The property features two points of egress , one fronting SE 24th St on the north and one on SE 28th St to the south. 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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Highlights

  • Land Use: 270 Units or 134 Single Family Homes
  • 4 to 8 Units/Acre
  • Utilities Available
  • Zoning: Agricultural
  • Three Access Points
  • Close to Schools, Parks

Attachments

Getting around

  • 13/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ocala, FL
  • Zip Code 34480
  • Market North Central Florida

Points of Interest

  • Diamond Oil

    0.34 miles

  • Citgo

    0.44 miles

  • Shell

    1.78 miles

  • Circle K

    2.75 miles

  • Murphy Express

    3.87 miles

  • RaceTrac

    4.36 miles

  • Marathon

    4.98 miles

  • RaceTrac

    5.17 miles

  • Kangaroo Express

    6.71 miles

  • Phone Charging Station

    6.92 miles

  • Disabled

    4.55 miles

  • Marion County Parking Facility

    5.21 miles

  • Cracker Barrel Bus + RV Parking

    7.84 miles

  • Spring Side Motel

    3.50 miles

  • Holiday Inn Express and Suites Silver Springs-Ocala

    3.52 miles

  • Vacation Host

    4.22 miles

  • Royal Inn

    4.42 miles

  • Hilton Garden Inn

    4.93 miles

  • Holiday Inn Express

    5.08 miles

  • LaQuinta Inn & Suites Ocala

    7.59 miles

  • Hilton Ocala

    7.60 miles

  • Country Inn & Suites

    7.62 miles

  • Days Inn by Wyndham Ocala West

    7.64 miles

  • Walmart Supercenter

    3.18 miles

  • Black Lotus Tattoo and Art Gallery, Inc.

    3.57 miles

  • Winn-Dixie

    3.60 miles

  • Earth Origins Market

    3.65 miles

  • Walmart Supercenter

    3.73 miles

  • Publix

    3.75 miles

  • ALDI

    4.17 miles

  • Publix

    4.51 miles

  • Publix

    4.91 miles

  • Target

    5.98 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Bartow McDonald IV

SVN | McDonald & Company

(352) 274-3800