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$244,500
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Property Description
GREAT LOCATION!! charming Victorian style charm, Tall Ceilings, open floor plan with nice bar area in kitchen that is open to dinning area split bedroom plan. Large master bedroom with bay window and nice walk in closet, master bath with tub-shower. large great room with French doors to screen in back patio. New roof Oct 2025. Nice 2 car garage.
Full Property Details
Full Property Details for 2116 NE 40th Terrace
General
- Price: $244,500
- HOA FEE: $15/month
- HOA FEE FREQ.: Annually
- Taxes: $1,030 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM707083
- Updated: 1/7/2026
- Added to Site: 163 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), High Ceilings, Skylight(s), Split Bedroom, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: French Doors, Sidewalk
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34470 - Ocala
- County: Marion
- Development Name: 34470 - Ocala
- Subdivision: VICTORIA STATION
- Driving Directions: 40 East Left on NE 36th Ave. Right on NE 21 St. Left on NE 40 Terr. to home on Left.
- Direction Faces: East
Community
- Community Name: 34470 - Ocala
- Association: Yes
- Assoc. Name: Victoria Station HOA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: HardiPlank Type
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,476
- Sq. Ft. Source: Public Records
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,800
- Lot Size: 7800
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $175
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $1,030.27
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 02 TWP 15 RGE 22 PLAT BOOK 7 PAGE 071 VICTORIA STATION BLK A LOT 5
- Flood Zone Info: x
- APN: 2423200105
- Property ID: 2423200105
- Block/Lot/Section: A
Listed by Remax/Premier Realty
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Schools
Schools serving 2116 NE 40th Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Ocala Springs Elementary School 5757 Northeast 40th Avenue Road, Ocala, FL 34479 | PK-5 | 2.6 mi |
Fort King Middle School 545 Northeast 17th Avenue, Ocala, FL 34470 | 6-8 | 2.3 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 3.5 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 2116 NE 40th Terrace
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$244,500
-5.93%
MLS
8/30/2025
Price Reduced
$259,900
-5.46%
MLS
8/06/2025
Listed
$274,900
89.59%
MLS
9/21/2018
Sold
$145,000
—
Public Record
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
Tax History for 2116 NE 40th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,098
2%
$87,027
3%
2024
$1,073
3%
$84,574
3%
2023
$1,037
30%
$82,111
11%
2021
$796
—
$74,114
-3%
2022
$800
1%
$76,337
4%
2021
$796
29%
$73,091
2%
2019
$616
-51%
$71,448
-35%
2018
$1,270
-2%
$110,318
—
2017
$1,296
2%
$110,412
2%
2016
$1,274
-1%
$108,079
1%
2015
$1,284
10%
$107,328
1%
2014
$1,172
-2%
$106,476
-1%
2013
$1,196
—
$107,328
—
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
Estimate the Cost for 2116 NE 40th Terrace
2116 NE 40th Terrace, Ocala, FL 34470 (MLS# OM707083) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2116 NE 40th Terrace is currently listed for $244,500 and was received on August 06, 2025. Want to learn more about 2116 NE 40th Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

