Adjoining Residential Development
For Sale
$59,900
SW 5TH Lane, Ocala, FL 34481
LAND - OCALA, FL
Property SizeContact for details
Lot Size0.92 Acres
Days on Market319
Property Features for SW 5TH Lane
General Information
Property type
Land
Property subtype
Other
Zoning
R4
Subdivision
RAINBOW PARK UN 8
Directions
Driving Directions from Downtown Ocala: Head west from Downtown Ocala via W Silver Springs Blvd / FL-40 W. Continue on FL-40 W for several miles (passing local streets, residential and commercial areas). Turn left onto SW 140th Avenue, Turn right onto SW 5th Lane. Look for the green sign on the property.
Standard status
Active
APN
2008-050-003
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SEC 18 TWP 15 RGE 20 PLAT BOOK K PAGE 025 RAINBOW PARK UNIT 8 BLK 50 LOTS 2,3 & 17,18
Tax Annual Amount
250
Legal Description
SEC 18 TWP 15 RGE 20 PLAT BOOK K PAGE 025 RAINBOW PARK UNIT 8 BLK 50 LOTS 2,3 & 17,18
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Listing Agency:
HARRIETT DOWNS REAL ESTATE LLC
(877) 600-0291
Listed By:
Lorena Freyn · License #3522860
(352) 283-6353
Added: Oct 2, 2025
Changed: Aug 3
Last Checked: Aug 16 at 1:06AM
MLS# OM710211
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Four adjoining residential lots are being offered together in Rainbow Park, Ocala (SW 5th Lane). The package totals 0.92 acres and may be subdivided to create individual 0.23-acre lots, or purchased in smaller groupings.
Zoned R4, the property is described as suitable for site-built homes, and the remarks indicate mobile homes are allowed. The listing also notes there is no HOA.
This offering provides flexibility for buyers seeking a land package in a subdivision setting, with proximity to SR-40 and SR-200 and access to nearby shopping, dining, and medical services associated with The World Equestrian Center. Rainbow Springs State Park and outdoor recreation are also noted nearby.
Zoned R4, the property is described as suitable for site-built homes, and the remarks indicate mobile homes are allowed. The listing also notes there is no HOA.
This offering provides flexibility for buyers seeking a land package in a subdivision setting, with proximity to SR-40 and SR-200 and access to nearby shopping, dining, and medical services associated with The World Equestrian Center. Rainbow Springs State Park and outdoor recreation are also noted nearby.
Key Highlights
- 4 adjoining lots in Rainbow Park, Ocala, totaling up to 0.92 acres (or divide into four 0.23‑acre lots)
- Flexible build options: R4 zoning for site‑built homes; mobile homes allowed
- No HOA
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 34481, FL
23,097
Population
14,183
Households
1.6
Avg Household Size
69
Median Age
29%
College-Educated
94%
High-School Grad
69.2 sq mi
ZIP Area
334
Density / Sq Mi
$54,639
Median Household Income
$30,917
Median Earnings
$1,154
Median Rent
$213,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four adjoining lots are offered together and zoned R4 for flexible residential development options.
Where is this residential land & home lot located?
The property is located at SW 5TH Lane Ocala, FL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 4 adjoining lots in Rainbow Park, Ocala, totaling up to 0.92 acres (or divide into four 0.23‑acre lots); Flexible build options: R4 zoning for site‑built homes; mobile homes allowed; No HOA
