$56,500
SOLD FEB 17, 2025
1.98 Acres
$28,535 Price per Acre
86,249 Sq Ft Lot

Recently Sold

12% Below List Price

170 Days on Market

About This Lot

As of February 2025

Two cleared lots, side by side, nearly 2 acres (1.98 acres total). You should save $10,000+ not having to remove a bunch of trees like you would with most others. PAVED ROAD. NO flood zone or HOA to worry about. Newer subdivision with nice homes, most valued around $275k-$400k. This is Marion County parcel ID 1802-011-025 AND 1802-011-026 . No street number has yet been assigned for a street address; it is for mapping and GPS purposes only. Just across the highway sits the famous Rainbow Springs River and State Park with fishing, kayaking, and swimming, and just down the road from the Juliette Falls championship golf course, open to the public. The World Equestrian Center is about 20-25 minutes away, 30 min to the middle of downtown Ocala. Lots of new construction here, prices will continue to rise here in RAINBOW ACRES subdivision. NO mobile homes allowed. Recent 2 acre lots in the same subdivision have sold for $85,000 and $82,000 (photo attached showing this). Priced to sell quickly. Zoned R1-Residential. You may also use GPS Coordinates for driving directions if you prefer by copy and pasting into Google or Apple Maps instead of a street address: 29.136076, -82.474229.Seller has other similar lots available in the same area that are not listed publicly, ask for a list.

Last Agent to Sell the Property

Robert Arnold

SAND DOLLAR REALTY GROUP INC Brokerage Phone: 407-389-7318 License #627826

SAND DOLLAR REALTY GROUP INC

Last Buyer's Agent

Terry Potter

MAIN STREET REALTY & DEVELOP License #3377596

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $260

Lot Details

  • 1.98 Acre Lot
  • Lot Dimensions are 270x320
  • Property fronts a county road
  • Rural Setting
  • West Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R1

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 11
  • Assessor Parcel Number 1802-011-025

Property Details

Property Type

Land

Est. Annual Taxes

$260

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.98
  • Lot Size Sq Ft: 87120
  • Number Of Lots: 2
  • Directions to Property: 41 NORTH, L @ SW MARINE, L @ SW AZALEA, R @ BEACH, L @ CARNATION
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1051224
  • RATIO Current Price By Calculate: 0.65
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 407-389-7318
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4351

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0465D
  • Price Per Acre: 28535

Utilities

  • Utilities: Electrical Nearby
  • 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: R1
  • Parcel Number: 1802-011-025
  • Additional Parcels Description: 1802-011-026
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Features: Buildable, Rural, Paved
  • Lot Dimensions: 270x320
  • Flood Zone Code: X
  • Lot Size Square Meters: 8094
  • Current Adjacent Use: Vacant

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 260
  • Tax Block: 11
  • Tax Book Number: F-138RAINBOW
  • Tax Lot: 25

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $56,500 -5.0% --
02/13/2025 02/13/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $59,495 -0.8% --
11/25/2024 11/25/24 Price Changed $59,995 -3.2% --
09/26/2024 09/26/24 Price Changed $61,995 -3.9% --
08/27/2024 08/27/24 For Sale $64,500 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6236520

Stellar MLS