SW 38TH PLACE, OCALA, FL 34481
RAINBOW PARK · Marion County
Key Facts
Description
Build your dream home on this 0.23-acre lot in Rainbow Park, Ocala, FL! This homesite has been cleared & leveled, helping reduce site preparation costs, READY TO BUILD! and electric service is available at the front of the property for added convenience saving you time and expenses during the build process. Located just a short distance off a paved road, you'll enjoy easy access while still maintaining a peaceful setting. Whether you're looking to build now or hold as an investment, this lot presents a great opportunity in one of Ocala's growing areas.
Property Information
Property Type
Land
Lot Size
0.23 acres
Lot Dimensions
75x135
Ownership
Fee Simple
Zoning
R1
MLS® Listing#
OM726314
Property Features
Utilities
Sewer
Financial Details
HOA
None
Annual Taxes
$339
Tax year 2025
Parcel Number
2003-120-012
Directions
Heading west on HWY 40, turn right onto SW 159th Ct, tun right onto SW 38th PL, lots will be on right.
Affordability Calculator
$5,000
Estimated monthly payment
$133/mo
Principal $20,000 · Est. interest $27,902 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCALA, FL
- $315,602
- Median Listing Price
- 81
- Median Days on Market
- 1,740
- Median Sq Ft
- $176
- Median Price / Sq Ft
- 2,967
- Active Listings
- This home’s price is 92% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCALA, FL.
Location
Points of Interest in OCALA, FL
Showing the OCALA area map.
Nearby Schools
Romeo Elementary School
Elementary · 4.1 mi away
Dunnellon High School
Secondary · 5.5 mi away
Dunnellon Elementary School
Elementary · 5.8 mi away
West Port High School
Secondary · 7.8 mi away
Dunnellon Christian Academy
School · 8.4 mi away
Montessori House of Ocala, Inc
Elementary · 8.7 mi away
Dunnellon Middle School
Secondary · 8.7 mi away
Fessenden Pre-Kindergarten
School · 8.8 mi away
Queen of Peace Catholic Church
School · 9.7 mi away
Saddlewood Elementary School
Elementary · 11.1 mi away
Liberty Middle School
Secondary · 11.8 mi away
Hammett Bowen Junior Elementary School
Elementary · 12.0 mi away
Hale Academy
School · 12.2 mi away
College Park Elementary School
Primary School · 12.2 mi away
Citrus Springs Middle School
Secondary · 12.6 mi away
Central Ridge Elementary School
Elementary · 12.7 mi away
Marion Juvenile Detention Center
Secondary · 12.8 mi away
Trinity Catholic High School
Secondary · 12.9 mi away
Dr N H Jones Elementary School
Elementary · 13.6 mi away
Citrus Springs Elementary School
Elementary · 13.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1329 SE 25TH LOOP 103, OCALA, FL | $17,604/mo | — | — | 1,100 |
| 2400 SW COLLEGE ROAD 104, OCALA, FL | $17,825/mo | — | — | 97,905 |
| TBD SW 156TH COURT, OCALA, FL | $18,000 | — | — | — |
| 0000 SW 19TH PLACE, OCALA, FL | $18,000 | — | — | — |
| 00 SW 30 LANE, OCALA, FL | $18,000 | — | — | — |
| 5421 NW 12TH PLACE, OCALA, FL | $18,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in OCALA
Listing Courtesy: COMPASS FLORIDA LLC - 561-714-8184
Last Updated: 2026-06-09