TBD SW 159TH AVENUE, OCALA, FL, 34481
Active20 days on marketListed Jul 15, 2026MLS #OM725596
About this home
TBD SW 159TH AVENUE
Old Florida Charm on Over an Acre in Rainbow Park!! OLD FLORIDA CHARM ON OVER AN ACRE IN RAINBOW PARK! Looking for a piece of classic Florida charm? This exceptional property offers a rare opportunity to own one of the largest parcels in Rainbow Park. Consisting of two parcels totaling five lots and over one acre, this spacious property provides plenty of room to build your dream home while enjoying privacy and a peaceful natural setting. Whether you're seeking a private homesite, a future investment, or a project for residential development, this property offers outstanding potential. With ample space and flexibility, it's well-suited for homeowners, builders, and investors alike. Priced to sell and located in a growing area of western Marion County, this is an opportunity you won't want to miss. Rainbow Park is known for its wooded lots and rural atmosphere while remaining within convenient driving distance of Ocala and the World Equestrian Center. Buyer to perform all due diligence. Prospective purchasers should verify zoning, land use, building requirements, and suitability for their intended use with Marion County Planning and Zoning prior to purchase.
Facts & features
The home at a glance
1.17 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$734 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$734/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34481 — neighborhood snapshot
Population
25,668
Median age
68.5
Median income
$54,639
Median home value
$213,000
Avg household
1.9
Households w/ children
978
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $285K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 64% below the OCALA 34481 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near TBD SW 159TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$194,000
15138 SW 8TH PLACE · same community
3 bd · 2 ba · 1,000 sqft · $194/sqft · 55 DOM
Sold · Oct ’25$234,500
1998 SW 151ST AVENUE · same community
3 bd · 2 ba · 1,173 sqft · $200/sqft · 155 DOM
Sold · Feb ’26$234,000
1703 SW 159 COURT · same community
3 bd · 2 ba · 1,267 sqft · $185/sqft · 199 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about TBD SW 159TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for TBD SW 159TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
TBD SW 159TH AVENUE FAQs
What would the monthly payment be for TBD SW 159TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $734/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on TBD SW 159TH AVENUE?+
The most recent tax bill on record (2025) was $431. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Ocala?+
At $85,000, this home is listed about 72% below the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to TBD SW 159TH AVENUE?+
Liberty Middle School (middle), West Port High School (high), Marion Oaks Elementary School (elementary) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Nancy Minch. MLS #OM725596.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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