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$1,900,000

0 Beds 0 Baths 0 SQFT 34.00 Acres
Type: Land

5500 SE 24TH STREET
OCALA, FL 34480

MLS#: OM643873
Eli Schonrock
Eli Schonrock
The Real Estate Advantage
Phone: 763.257.3602
Office: 952.253.5600
Presented by: SVN MCDONALD & COMPANY with 352-274-3800. - 352-274-3800

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.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityOCALA
CountyMarion
Current UseOther
DirectionsThis property is near the Baseline/SE 28th St interchange.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSEC 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
Living Area Units0 sqft
Lot Size Square Feet1,481,040 sqft
Lot Size UnitsAcres
MLS Area34480 - Ocala
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$3,636
Tax Year2021
UtilitiesElectricity Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningA-1

Exterior

Lot Dimensions1110 x 1318 x 1311 x 1311
Lot Size Acres34
Lot Size Area34 sqft
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,900,000

0 Beds 0 Baths 0 SQFT 34.00 Acres
Type: Land

5500 SE 24TH STREET
OCALA, FL 34480

MLS#: OM643873
Eli Schonrock
Eli Schonrock
The Real Estate Advantage
Phone: 763.257.3602
Office: 952.253.5600