1820 SE 40TH STREET ROAD, OCALA, FL 34480
CITRUS PARK · Marion County
Key Facts
Description
Income-producing quadplex in SE Ocala's Citrus Park! This fee simple property features four 2-bedroom, 1-bathrooms with separate meters. Built in 1982 and offering 3,233 heated Sq ft, the building sits on a 0.28 acre lot in Flood Zone X. Interior finishes include tile, vinyl, and laminate flooring and includes central air. Zoned R-3 with no HOA or special sale conditions. Located minutes from SE Maricamp Rd and major conveniences — a solid turnkey investment with room to grow.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1982
Living Area
3,233 sq ft
Lot Size
0.28 acres
Lot Dimensions
100 x 120 x 100 x 120
Ownership
Fee Simple
Zoning
R3
Days on Market
142
MLS® Listing#
OM717087
Property Features
Interior
Exterior
Cooling
Heating
Laundry
Patio
Construction
Foundation
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$7,677
Tax year 2025
Parcel Number
3120-001-010
Directions
Head S on SE 36th Avenue. Turn left onto SE 38th Street, then continue as it curves into SE 40th Street Road. The property will be on the left.
Affordability Calculator
$112,800
Estimated monthly payment
$3,002/mo
Principal $451,200 · Est. interest $629,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCALA, FL
- $314,504
- Median Listing Price
- 80
- Median Days on Market
- 1,737
- Median Sq Ft
- $176
- Median Price / Sq Ft
- 2,971
- Active Listings
- This home’s price is 79% above the area median.
- Its price per sq ft is 1% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCALA, FL.
Location
Getting Around
Points of Interest in OCALA, FL
Showing the OCALA area map.
Nearby Schools
South Ocala Elementary School
Elementary · 1.0 mi away
Kid City USA - Ocala 35th St
School · 1.4 mi away
The Cornerstone School
School · 1.4 mi away
Grace Christian School
School · 1.5 mi away
Ocali Charter Middle School
Secondary · 1.6 mi away
St John Lutheran Church
Secondary · 1.7 mi away
Shady Hill Elementary School
Elementary · 1.9 mi away
Hillcrest
Secondary · 2.1 mi away
Ocean's High School
Secondary · 2.2 mi away
Angels in Arms
Elementary · 2.2 mi away
Marion County Acceleration Academy
School · 2.5 mi away
Silver River Mentoring and Instruction
School · 2.6 mi away
Eighth Street Elementary School
Elementary · 2.6 mi away
Marion County Public Schools
School · 2.7 mi away
Osceola Middle School
Elementary · 2.7 mi away
Ambleside Ocala
School · 2.7 mi away
Forest High School
Secondary · 2.8 mi away
Ward-Highlands Elementary School
Elementary · 2.8 mi away
Kid City USA
School · 2.8 mi away
Grace Episcopal School
School · 2.9 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 |
|---|---|---|---|---|
| 1820 & 1826 SW 35TH AVENUE, OCALA, FL | $450,000 | 10 | 8 | 4,748 |
| 3990 SE 17TH COURT, OCALA, FL | $499,000 | 8 | 5 | 3,233 |
| 5080 SE 31ST STREET, OCALA, FL | $544,000 | 8 | 4 | 3,782 |
| 2000 SE 40TH STREET ROAD, OCALA, FL | $564,000 | 8 | 4 | 3,233 |
| 2950 SE 53RD COURT, OCALA, FL | $575,900 | 8 | 8 | 3,417 |
| 5395 SE 30TH PLACE ALL UNITS, OCALA, FL | $579,000 | 8 | 8 | 3,417 |
Moving Cost Estimate
EXIT Agents in OCALA
Listing Courtesy: LOKATION - 954-545-5583
Last Updated: 2026-01-20