Land at 5500 SE 24TH ST, OCALA
Land at 5500 SE 24TH ST, OCALA, photo 2 of 13
Land at 5500 SE 24TH ST, OCALA, photo 3 of 13
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13 photos

$2,490,000

5500 SE 24TH ST
OCALA, FL 34480
Listed by Bartow McDonald IV · SVN MCDONALD & COMPANY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
MFROM643873
Property type
Land
Subdivision
N/A
Status
Active
Days on market
958
On market date
August 3, 2022
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
34 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
MAPLEWOOD ELEMENTARY SCHOOL
0.59 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
794
Student:teacher ratio
13.2:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
1.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
SILVER RIVER MENTORING AND INSTRUCTION
0.81 mi away · Grades 6-12
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
193
Student:teacher ratio
38.6:1
District
MARION

Walkability

Blended score for OCALA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

40
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Nearby-amenity density
53 / 100
Restaurants & cafes7
Grocery stores1
Parks1
Schools1
Transit stops3
Pharmacies2

Market position

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

On the market 958 days -- 858 more days than OCALA's current average of 100 days.
For reference, the median list price across 4,672 active listings in OCALA right now is $250,000.

Mortgage calculator

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

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Est. monthly payment
$15,145/mo
$498,000 down
$1,992,000 loan
Principal & interest$12,920
Property tax (est.)$2,075
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated December 29, 2025.

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.