$59,900

tbd SW 5th Ln Rainbow Park, FL 34481

Fellowship Neighborhood

Estimated payment $340/month

0.92 Acre
$65,109 Price per Acre
40,075 Sq Ft Lot

About This Lot

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.

Listing Agent

Nelson Ruiz

HARRIETT DOWNS REAL ESTATE LLC Brokerage Phone: 352-528-4400 License #3631255 Listed on: 10/03/2025

Co-Listing Agent

Lorena Freyn

HARRIETT DOWNS REAL ESTATE LLC Brokerage Phone: 352-528-4400 License #3522860

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 150x276
  • 4 Lots in the community
  • Property is zoned R4

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Rainbow Park Un 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2008-050-003
  • Tax Block 50

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 40075
  • Number Of Lots: 4
  • Status: Active
  • Street Direction: SW
  • Co List Office Mls Id: MFR271500732
  • Co List Office Phone: 352-528-4400
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E. Fort King Street
  • RATIO Current Price By Calculate: 1.49
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 352-528-4400
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Limerock
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0486E

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: R4
  • Parcel Number: 2008-050-003
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 150x276
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 250
  • Tax Block: 50
  • Tax Book Number: K-025RAINBOW

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $59,900 +76.2% --
10/03/2025 10/03/25 For Sale $34,000 +70.9% --
10/03/2025 10/03/25 For Sale $19,900 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: OM710211

Stellar MLS