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Property Description
Situated in the heart of Marion Oaks, this residential 0.23-acre lot measures 80 by 125 feet and has public water available, located outside the flood zone, with no wetlands or endangered species. This lot is shovel-ready and primed for development. Marion Oaks is located south of downtown Ocala and next to I-75 for easy access to the Orlando suburbs. Marion Oaks has plenty to do for nature lovers, including natural springs, state forests, mudding, and biking trails. Marion Oaks is exploding with development due to low housing prices and cheap land. Walmart and shops are just 10 minutes away. Silver Springs Shores, one of the largest artesian spring formations in the world, is just 20 minutes away. Just 20 minutes to downtown Ocala, and 1 hour to downtown Orlando.
Full Property Details
Full Property Details for SW 40th Terrace
General
- Sold For: $50,000
- Taxes: $375 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM703018
- Added to Site: 262 day(s) ago
Location
- Area: 34473 - Ocala
- County: Marion
- Development Name: 34473 - Ocala
- Subdivision: MARION OAKS #7
- Driving Directions: From Ocala, FL Head east on NW 1st St toward US-27 S / US-301 S / US-441 S / FL-25 / FL-200 / FL-464 / N Pine Ave Turn right onto US-27 S / US-301 S / US-441 S / FL-25 / FL-200 / FL-464 / N Pine Ave Turn right onto FL-40 / W Silver Springs Blvd Pass Kwik Stop on the left in Take the ramp on the left for I-75 South and head toward Tampa Merge onto I-75 S At Exit 341, head right on the ramp for FL-484 / SW Highway 484 toward Dunnellon Pass Burger King on the left in 0.5 mi Turn right onto Marion Oaks Course Turn right onto Marion Oaks Trail Turn left onto SW 43rd Circle Arrive at SW 43rd Circle on the right The last intersection before your destination is Marion Oaks Trail If you reach SW 128th Pl, you've gone too far
Community
- Community Name: 34473 - Ocala
Utilities
- Sewer: None, Septic Needed
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Price Per Acre: $217,391
- Tax Amount: $375.54
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 03 TWP 17 RGE 21 PLAT BOOK O PAGE 140 MARION OAKS UNIT 7 BLK 1054 LOT 34
- Flood Zone Info: X
- APN: 8007105434
- Property ID: 8007105434
- Block/Lot/Section: 1054
Listed by Udi Llc
Sold by Stellar Non-Member Office
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Price & Sales History for SW 40th Terrace
Date
Details
Price
Change
Source
9/11/2025
Sold
$50,000
-4.67%
MLS
7/07/2025
Price Reduced
$52,450
-4.64%
MLS
6/04/2025
Listed
$55,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Sw 40th Terrace, Ocala, FL 34473 (MLS# OM703018) is a Lots/Land property that was sold at $50,000 on September 11, 2025. Want to learn more about Sw 40th Terrace? Do you have questions about finding other Lots/Land real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

