$23,000
SOLD JUN 18, 2025
0.46 Acre
$50,000 Price per Acre
20,038 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

11% Below List Price

40 Days on Market

About This Lot

As of June 2025

Discover the perfect opportunity to build your dream home or investment property on this beautifully cleared .46-acre lot in a prime Ocala location. Situated just minutes from the World Equestrian Center (WEC), this spacious parcel offers the ideal blend of peaceful surroundings and easy access to world-class equestrian events, dining, and entertainment. With the hard work of clearing already done, you're one step closer to turning your vision into reality. Don’t miss this rare chance to own a ready-to-build lot in one of Ocala’s most sought-after areas!

Last Agent to Sell the Property

Tyler Stump

RESOLUTE REAL ESTATE LLC Brokerage Phone: 352-433-4275 License #3415977 Listed on: 04/10/2025

Last Buyer's Agent

Marg Watson

FIV REALTY CO FLORIDA LLC License #3606145

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 150x135
  • Property is zoned R4

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Rainbow Park Un 08 Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 53
  • Assessor Parcel Number 2008-053-003

Property Details

Property Type

Land

Est. Annual Taxes

$541

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20038
  • Directions to Property: Turn left onto FL-40 W/W Silver Springs Blvd and continue for about 6 miles. Turn left onto SW 140th Avenue. After approximately 1 mile, turn right onto SW 5th Lane, continue and property will be on your left
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow Postal Code: 33609
  • Escrow State: FL
  • Escrow Street Name: Cypress Center Drive Suite 300
  • Escrow Street Number: 5404
  • List Office Head Office Key Nume: 529793826
  • RATIO Current Price By Calculate: 1.15
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-433-4275
  • Tax Year: 2024
  • Special Features: 5120
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 13545

Exterior Features

  • Waterfront: No
  • Road Surface Type: Limerock
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 50000

Utilities

  • Utilities: Other
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R4
  • Parcel Number: 2008-053-003
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 150x135
  • Flood Zone Code: X
  • Lot Size Square Meters: 1862

Tax Info

  • Tax Annual Amount: 540.74
  • Tax Block: 53
  • Tax Book Number: K-25RAINBOW
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Farrell Michael J and Farrell Michael John
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Feb 1, 2016
Bought by
Farrell Carlotta M Est

Purchase Details

Closed on
Jul 23, 2007
Sold by
Kirchner Paul and Kirchner Beulah
Bought by
Farrell Carlotta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer -- --
Deed $100 --
Warranty Deed $176,000 Mortgage Information Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,800 Purchase Money Mortgage
Previous Owner $95,000 Unknown
Previous Owner $60,780 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $27,900 +21.3% --
06/18/2025 06/18/25 Sold $23,000 -10.7% $15 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $25,750 -- $17 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $541 $124,680 $0 $0
2022 $2,505 $113,345 $0 $0
2021 $2,135 $123,726 $7,140 $116,586
2020 $1,891 $99,404 $4,400 $95,004
2019 $1,811 $97,154 $4,400 $92,754
2018 $1,661 $93,706 $5,200 $88,506
2017 $1,432 $70,378 $5,600 $64,778
2016 $714 $53,788 $0 $0
2015 $712 $53,414 $0 $0
2014 $685 $52,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM699220

Stellar MLS

APN: 2008-053-003