5500 Se 24th Street, Ocala, FL 34480

$2,490,000

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List Price
$2,490,000
Status
Active
Days on Market
1455
Price Change
▼ $910,000 1673238434
MLS#
OM643873
Lot Size
1,481,040
Acres
34
Total Acreage
20 to less than 50
MLS Area Major
Ocala

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.

Additional Information

Taxes
$3636
Community Features
No Deed Restriction
Zoning
A-1
Utilities
Electricity Available
Pool
No Pool
Flood Zone Code
X
Parcel ID
29697-018-00
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

Listing courtesy of SVN MCDONALD & COMPANY. 352-274-3800

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