Address
5500 SE 24th STREET, OCALA, FL
Price
$ 2,490,000
Property Attributes
- MLS#OM643873
- TypePending
- CountyMARION
- CityOCALA
- AreaOcala
- Zip34480
- Style
- Taxes$ 3636
- Price$ 2,490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size34 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. 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.
| Price History | |
|---|---|
| 8/4/2022 | Listed $3,400,000 |
| 1/9/2023 | 27% - $2,490,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available |
| Zoning | A-1 |
| Tax Year | 2021 |
| Current Use | Other |
| Percent Ownership | Fee Simple |
| County | Marion |
| Property Type | Land |
| Status | Pending |
| Directions | This property is near the Baseline/SE 28th St interchange. |
| City | OCALA |
| Buyer Agent Compensation | 3.5% |
| MLS Area | 34480 - Ocala |
| Lot Size Square Feet | 1481040 |
| Waterfront Y/N | No |
| Street Name | 24th |
| Tax Annual Amount | 3636.44 |
| Public Remarks | Under contract-accepting backup offers. Excellent residential subdivision development parcel located within established residential neighborhood. Land use provides for up to 270 units (8 units/acre) |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/OM643873 |
| Days on Market | 535 |
| Standard Status | Pending |
| 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 |
Interior Features
| Street Suffix | STREET |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 34 |
| Lot Dimensions | 1110 x 1318 x 1311 x 1311 |
| Lot Size Acres | 34 |
| Road Surface Type | Asphalt |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 34480
Price
Taxes
Visits
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on April 29, 2024 1:17 AM UTC The listing information on this page last changed on Last updated on April 29, 2024 1:17 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on April 29, 2024 1:17 AM UTC
