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$589,000

  • For Sale
  • Active
  • Multi-Family
  • 1 Unit
  • 0.28 Acres
  • Updated 7 hours ago
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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.

Full Property Details for 1820 SE 40th Street Rd

General

  • Price: $589,000
  • Taxes: $7,677 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM717087
  • Updated: 2/5/2026
  • Added to Site: 15 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Other
  • Deck/Patio: Patio
  • Porch/Patio/Deck: Patio

Location

  • Area: 34480 - Ocala
  • County: Marion
  • Development Name: 34480 - Ocala
  • Subdivision: CITRUS PARK
  • Driving 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.

Community

  • Community Name: 34480 - Ocala

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Siding
  • Roof: Shingle
  • Windows: Double Pane Windows
  • Stories/Levels: One
  • Square Feet: 3,233
  • Sq. Ft. Source: Appraiser
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size: 12197
  • Lot Dimensions: 100 x 120 x 100 x 120
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $7,677.15
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 10
  • Flood Zone Info: X
  • APN: 3120001010
  • Property ID: 3120001010
  • Block/Lot/Section: A

Listed by Lokation

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Listing agent

— 1820 SE 40th Street Rd —

  • Lokation

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1820 SE 40th Street Rd

School District:Marion County School District
NameGradesDistance
South Ocala Elementary School
1430 Southeast 24th Road, Ocala, FL 34471
PK-51 mi
Osceola Middle School, Ocala, FL
526 Southeast Tuscawilla Avenue, Ocala, FL 34471
6-82.7 mi
Forest High School
5000 Southeast Maricamp Road, Ocala, FL 34480
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1820 SE 40th Street Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$589,000
10.09%
MLS
6/19/2024
Sold
$535,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1820 SE 40th Street Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,677
14%
$367,200
18%
2024
$6,743
18%
$312,120
51%
2023
$5,722
13%
$207,346
4%
2022
$5,064
5%
$199,920
17%
2021
$4,813
—
$171,360
8%
2021
$4,813
19%
$159,120
32%
2019
$4,042
8%
$120,964
10%
2018
$3,757
4%
$109,967
10%
2017
$3,601
4%
$99,970
10%
2016
$3,479
43%
$90,882
10%
2015
$2,430
-2%
$82,620
-8%
2014
$2,486
7%
$89,760
10%
2013
$2,326
—
$81,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1820 SE 40th Street Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Lokation

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1820 SE 40th Street Road, Ocala, FL 34480 (MLS# OM717087) is a Multi-Family property with 1 unit containing 8 bedrooms and 0 full bathrooms. 1820 SE 40th Street Road is currently listed for $589,000 and was received on January 21, 2026. Want to learn more about 1820 SE 40th Street Road? Do you have questions about finding other Multi-Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

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