Land at TBD SW 5TH LN, OCALA
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15 photos

$59,900

TBD SW 5TH LN
OCALA, FL 34481
Listed by Lorena Freyn · HARRIETT DOWNS REAL ESTATE LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

4 ADJOINING LOTS IN RAINBOW PARK, OCALA making up to one .92 acres lot, or divide it in four .23 acres lot. Prime Investment Opportunity! High-Growth Area; Build or Hold. Unlock the potential of FOUR adjoining lots being sold together in the sought-after Rainbow Park Unit 8 subdivision in Ocala, FL. This is a rare package deal—perfect for investors, builders, or anyone looking to secure land in one of Marion County’s fastest-growing areas. These high and dry lots offer flexible zoning (R4) ideal for site-built homes, with no HOA and mobile homes allowed preserving the area's long-term value and aesthetic. Located minutes from: SR-40 & SR-200; The World Equestrian Center (WEC) Shopping, dining, and medical services. Rainbow Springs State Park & outdoor recreation. Peaceful rural feel with proximity to city conveniences. Excellent buy-and-hold potential or immediate development. Investor/Builder Special – Whether you’re planning a small development, a family compound, or looking for land that may appreciate in value, this bundle is a smart move. Don’t miss this opportunity to own a solid piece of Ocala’s future. Submit your offer today before it's gone! or chose to buy two lots 0.48 acres or a single lot of .23 acres.

Property details

MLS #
MFROM710211
Property type
Land
Subdivision
RAINBOW PARK UN 8
Status
Active
Days on market
146
On market date
October 3, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.92 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
ROMEO ELEMENTARY SCHOOL
6.53 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
708
Student:teacher ratio
18.2:1
District
MARION
Middle
None found nearby
High
WEST PORT HIGH SCHOOL
6.03 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,825
Student:teacher ratio
26.4:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes2
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 146 days -- 46 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,939 active listings in OCALA right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$511/mo
$11,980 down
$47,920 loan
Principal & interest$311
Property tax (est.)$50
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated March 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.