INNOVATE Real Estate
Land at tbd SW 5TH LN, OCALA
Land at tbd SW 5TH LN, OCALA, photo 2 of 11
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11 photos

$34,000

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

RAINBOW PARK UNIT 8 BUILDING LOTS. Two adjacent 0.23-acre lots (totaling 0.46 acres) available in the peaceful Rainbow Park area of Ocala, Florida—perfect for building your dream home or investing in a growing community. Located in a quiet, rural setting with no HOA, these high-and-dry lots give flexible building options, nearby electric access, and require well and septic installation. Enjoy proximity to Rainbow Springs, the World Equestrian Center, and all that Ocala has to for you to enjoy, while still maintaining the privacy and space of country living.

Property details

MLS #
MFROM710372
Property type
Land
Subdivision
RAINBOW PARK UN 8
Status
Active
Days on market
158
On market date
October 3, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 acres

Location

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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 158 days -- 58 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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Adjust tax / insurance estimates
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Est. monthly payment
$355/mo
$6,800 down
$27,200 loan
Principal & interest$176
Property tax (est.)$28
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated March 27, 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.