2000 SE 40th Street Rd, photo 1
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Overview

8 bd4 ba3,233 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1983
Lot12,197 sqft
Living area3,233 sqft
Price / sqft$174

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About this home

RangeRange HoodRefrigerator

2000 SE 40th Street Rd is a 1983-built home in Citrus Park, Ocala. Inside you'll find 8 bedrooms, 4 bathrooms, and 3,233 square feet of living space. Listed at $564,000 (about $174/sqft), 142 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Investor-ready quadplex in the heart of Ocala! This fully occupied, income generating property features four spacious 2-bedroom units, each with 1 bathroom and separate metering. With a total of 3,233 heated Sq Ft and a solid rental history, this fee simple asset offers immediate cash flow. Situated on a 0.28-acre lot in Citrus Park, the building boasts durable wood siding, shingle roof, and central air. Interior finishes include tile, vinyl, and laminate flooring. Zoned R-3 and located in Flood Zone X, this property combines stability, scalability, and long-term upside. Minutes from SE Maricamp Rd and major conveniences. No HOA, no special sale conditions — just a clean, performing investment.

The essentials

Built
1983
Price / sqft
$174
On market
262 days
Annual tax
$7,677
Flood zone
X · Low risk
Lot
12,197 sqft
Type
Quadruplex

At a glance

Single family
Built 1983
0.28 acres
Lot size
3,233 sqft
Living area

Payment

Est. monthly payment
$3,863/mo
Down payment (20%)
$112,800
Property taxes
$640/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1983
Lot
12,197 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
262
Range
Range Hood
Refrigerator
Flood Zone X
Annual Tax (2025)
$7,677
Parcel #
3120-001-019

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Citrus Park
County
Marion
MLS Area
34480 - Ocala
Lot Size
12,197 sqft

Price history

Date
Event
Price
5/14/2026
Price change
Source: Stellar MLS #OM717086
$564,000-1.7%
$174/sqft
-
Price change
Source: Stellar MLS #OM717086
$574,000-2.5%
$178/sqft
1/20/2026
Listed for sale
Source: Stellar MLS #OM717086
$589,000
$182/sqft

Neighborhood

2000 SE 40th Street Rd
Ocala, FL, 34480 · 34480 - Ocala

Market insights

Offer Insights

Choose an offer strength

List price: $564,000
$560,000 – $564,000
99.3% – 100% of listTops out right at the list price
80% of listList price
92 of the last 182 home closings in 34480 landed at this number or higher (51%). The median one sat 49 days before it went under contract, and this one is on day 262 after a $25,000 cut.

Sample: 182 closed home sales in 34480 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,863/mo
Principal & interest$2,941
Property taxes$640
Insurance$282
Down payment20% · $112,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$564,000

$174 per sq ft

Beds and baths

8 beds, 4 baths

Size

3,233 sq ft

Time on market

262 days

Year built

1983

Monthly payment

About $3,863/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,677 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLOKATIONListing agent: Freddy PineroListing data from Stellar MLS, MLS# OM717086.

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