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$22,500 -$2,500 (-10%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 0.11 Acres
  • Updated 3 days ago
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Opportunity Zone Land - Prime Parcel in Ocala, FL Cleared land in an opportunity zone and a great location overlooking Legacy Park in central Ocala. Strategic residential location, close to The Downtown Square with strong growth, nearby amenities, and potential tax advantages for qualified investors. Mostly level, build-ready and cleared parcel.

Full Property Details for 727 SW 5th St

General

  • Price: $22,500
  • Taxes: $167 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM714462
  • Updated: 1/13/2026
  • Added to Site: 40 day(s) ago

Location

  • Area: 34471 - Ocala
  • County: Marion
  • Development Name: 34471 - Ocala
  • Subdivision: E G SMITH ADD
  • Driving Directions: From SR40 & Pine Street: South on Pine St., Right on SW 10th St., Right on 10th Ave., Right on SW 5th St. Property on the Left.
  • Direction Faces: South

Community

  • Community Name: 34471 - Ocala

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electrical Nearby, Public, Sewer Available, Street Lights, Water Available

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Property View: Park/Greenbelt
  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size: 5000
  • Lot Dimensions: 50 x 100
  • Street/Road Desc.: Paved

Financial Considerations

  • Price Per Acre: $204,545
  • Tax Amount: $167
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 009 E G SMITH ADD COM 155 FT E OF SW COR TH N 100 FT TH E 50 FT TH S 100 FT TH W 50 FT ALL IN LOT 6
  • Flood Zone Info: A
  • APN: 2848006002
  • Property ID: 2848006002
  • Block/Lot/Section: 2848-02

Listed by Great Expectations Realty, Llc

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Listing agent

— 727 SW 5th St —

  • Great Expectations Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 727 SW 5th St

School District:Marion County School District
NameGradesDistance
Eighth Street Elementary School
513 Southeast 8th Street, Ocala, FL 34471
PK-50.8 mi
Osceola Middle School, Ocala, FL
526 Southeast Tuscawilla Avenue, Ocala, FL 34471
6-80.7 mi
Forest High School
5000 Southeast Maricamp Road, Ocala, FL 34480
9-125.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 727 SW 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$22,500
-10%
MLS
12/07/2025
Listed
$25,000
377.1%
MLS
7/23/2020
Sold
$5,240
—
Public Record
Get Price Alerts and Save Property
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 for 727 SW 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$167
8%
$5,601
10%
2024
$154
7%
$5,092
10%
2023
$144
32%
$4,629
-13%
2022
$109
11%
$5,312
39%
2021
$98
—
$3,825
80%
2021
$98
-82%
$2,125
-93%
2019
$555
12%
$30,040
10%
2018
$496
2%
$27,309
4%
2017
$484
—
$26,187
1%
2016
$483
1%
$25,809
3%
2015
$476
6%
$25,087
-1%
2014
$448
2%
$25,323
2%
2013
$441
—
$24,751
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Great Expectations Realty, Llc

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727 SW 5th Street, Ocala, FL 34471 (MLS# OM714462) is a Lots/Land property with a lot size of 0.11 acres. 727 SW 5th Street is currently listed for $22,500 and was received on December 07, 2025. Want to learn more about 727 SW 5th 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.

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