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About this home
1820 SE 40th Street Rd is a 1982-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), 263 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
263 days
Year built
1982
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.
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