Address
Lot 15 Nw 118th Ter, OCALA, FL
Price
$ 25,000
Property Attributes
- MLS#S5153295
- TypeLand
- Listing Status Active
- CountyMarion
- CityOCALA
- AreaOcala
- NeighborhoodOCALA ESTATE
- Zip34482
- Style
- Taxes$ 202
- Price$ 25,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.22 Acres
Data Source:
Stellar MLS
Property Description
Exceptional opportunity for investors and builders alike! This 0.22 acre lot is located in the peaceful and fast-growing Ocala Estates community. One of two side by side parcels available, it offers the perfect setup for building multiple homes or holding as a long-term investment. With no HOA, no flood zone, and proximity to schools, shopping, major highways, and the World Equestrian Center, this location is ideal for rental income, resale, or personal use. A Florida gem, Rainbow River State Park is about 12 miles away. Adjacent lot also available contact for details.
| Elementary School | Middle School | High School |
|---|---|---|
| Romeo Elementary School Elementary School | Dunnellon Middle School Middle School | West Port High School High School |
| Price History | |
|---|---|
| 7/8/2026 | Listed $25,000 |
General Features
| Sewer | Septic Needed |
|---|---|
| Utilities | Electrical Nearby |
| Zoning | R4 |
| Tax Year | 2024 |
| Current Use | Mixed Use |
| Ownership | Fee Simple |
| County | Marion |
| Property Type | Land |
| Subdivision Name | OCALA ESTATE |
| Status | Active |
| Directions | From I-75, head west on FL-40 W for approximately 7.1 miles. Turn right onto NW 110th Avenue, then left onto NW 12th Lane. Continue and turn left onto NW 118th Terrace. The lot will be on your right, located next to the parent parcel, just past 1120 NW 118th Terrace, Ocala, FL 34482. |
| High School | West Port High School |
| City | OCALA |
| MLS Area | 34482 - Ocala |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 9583 |
| Elementary School | Romeo Elementary School |
| Tax Annual Amount | 202 |
| Middle/Junior High School | Dunnellon Middle School |
| Additional Parcels Y/N | false |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 15 |
| Legal Description | SEC 09 TWP 15 RGE 20 PLAT BOOK G PAGE 103 OCALA ESTATES BLK 20 LOT 15 |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | X |
| Flood Zone Code X | Yes |
Exterior Features
| Water Source | Well Required |
|---|---|
| Lot Size Area | 9583 |
| Lot Dimensions | 75 x 125 |
| Lot Size Acres | 0.22 |
| Road Surface Type | Asphalt,Paved |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 34482
Price
Taxes
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 22, 2026 3:50 PM UTC
