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5500 SE 24th Street, Ocala, FL 34480

$2,490,000

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Property 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.

5500 SE 24th Street | MLS# OM643873

This land located at 5500 SE 24th Street, Ocala, FL 34480 is currently listed for sale with an asking price of $2,490,000. The property has approximately 34.00 Acres. Search Ocala real estate on aassociate.watsonrealtycorp.com today.

Property Features

Property Type: Land - Residential
Lot Size: 34.00 Acres
Taxes: $3,636

Feature Descriptions

Days on Site: 1386
Directions: This property is near the Baseline/SE 28th St interchange.
Flood Zone Code: X
Home Warranty Y/N: No
Lot Dimensions: 34
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available
Water: Public
Water Access Y/N: No
Zoning: A-1

Listed By / Shown By

Listed By

Agency Name: SVN MCDONALD & COMPANY
Agency Contact: 352-274-3800

Shown By

Agent Name: Andy Associate
Agent Phone: (904) 555-5555
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 13,385.17 per month $12,355.92 Principal & Interest $303.00 Property Tax $726.25 Homeowner's Insurance

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