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Property for sale at 5500 SE 24TH STREET, OCALA, FL, 34480
Property for sale at 5500 SE 24TH STREET, OCALA, FL, 34480
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5500 SE 24th StreetOcala, FL, 34480

34 acresLot size
Land
$1,900,000
For sale
$3,400,000−$1,500,000 (44%)
Days on market
1539
Listed
Aug 4, 2022
Last reduction
−$590,000
Oct 12, 2026
MLS #OM643873Updated Oct 12, 2026

About this property

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.

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Property details

Property type
Land
Street address
5500 SE 24th Street
City
Ocala
State
FL
ZIP code
34480

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $1,500,000 (44.1%) since first listed.

EventPrice
Price reducedMLS #OM643873$1,900,000Change: −44.1%−$1,500,000
Listed for saleMLS #OM643873$3,400,000
History may be incomplete.
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Location

Property for sale at 5500 SE 24TH STREET, OCALA, FL, 34480
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