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$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.
Full Property Details
Full Property Details for 5500 SE 24th St
General
- Price: $2,490,000
- Taxes: $3,636 (2021)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM643873
- Updated: 9/3/2025
- Added to Site: 1, 435 day(s) ago
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Driving Directions: This property is near the Baseline/SE 28th St interchange.
Community
- Community Name: 34480 - Ocala
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 34
- Lot Size (Sq. Ft.): 1,481,040
- Lot Size: 34
- Lot Dimensions: 1110 x 1318 x 1311 x 1311
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $73,235
- Tax Amount: $3,636.44
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 2969701800
- Property ID: 2969701800
Listed by Svn McDonald & Company
Get Pre-Approved Today
Schools
Schools serving 5500 SE 24th St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Maplewood Elementary School, Ocala, FL 4751 Southeast 24th Street, Ocala, FL 34471 | PK-5 | 0.7 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 4.7 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5500 SE 24th St
Date
Details
Price
Change
Source
1/08/2023
Price Reduced
$2,490,000
-26.76%
MLS
8/02/2022
Listed
$3,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5500 SE 24th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,200
8%
$297,128
10%
2024
$4,819
5%
$270,722
10%
2023
$4,600
19%
$246,889
10%
2022
$3,857
2%
$223,498
6%
2021
$3,788
—
$211,770
1%
2021
$3,788
4%
$210,422
2%
2018
$3,634
1%
$207,308
1%
2017
$3,611
-6%
$205,259
-2%
2019
$3,823
15%
$210,028
-5%
2016
$3,310
-1%
$221,147
1%
2015
$3,330
6%
$219,551
—
2014
$3,147
2%
$218,573
1%
2013
$3,092
—
$217,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5500 SE 24th St
5500 SE 24th Street, Ocala, FL 34480 (MLS# OM643873) is a Lots/Land property with a lot size of 34 acres. 5500 SE 24th Street is currently listed for $2,490,000 and was received on August 03, 2022. Want to learn more about 5500 SE 24th Street? Do you have questions about finding other Lots/Land real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

