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3948 SE 40th St, photo 1
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Overview

3 bd3 ba3,114 sqft2 car garageSingle Family
TypeSingle Family
HOA$125/mo
Built2005
Lot32,670 sqft
Living area3,114 sqft
Price / sqft$220
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

High CeilingsStone CountersTray Ceiling(s)Walk-in Closet(s)Wet BarWindow TreatmentsOutdoor GrillGated Community - No Guard

3948 SE 40th St is a 2005-built home in Arbors, Ocala. Inside you'll find 3 bedrooms, 3 bathrooms, and 3,114 square feet of living space. Listed at $685,000 (about $220/sqft), 53 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $125 monthly.

From the listing

Virtually Staged. Welcome to 3,114 square feet of comfortable Florida living with a screened saltwater pool, spa and separate pool house designed for entertaining. Step through the foyer where a private office sits to the left before the home opens into a spacious family room with two sets of French doors overlooking the pool and outdoor living area. The primary suite is privately positioned away from the guest bedrooms and features dual closets, marble countertops, a jetted tub, walk-in shower and direct access to the pool. The kitchen offers granite countertops and a breakfast nook, with a separate formal dining room nearby. Guest bedrooms and the second full bathroom are located on the opposite side of the home. Crown molding finishes the bedrooms and formal dining room, while composite wood and tile flooring extend throughout most of the home. Outside, enjoy a freshly painted pool deck, screened saltwater pool with solar heating, gas-heated spa, WiFi-controlled Hayward system and upgraded WiFi pool lighting. The pool was resurfaced with new tile and a new pump in 2021, and the enclosure was rescreened in 2026. The separate pool house adds something special, featuring a half bath and bar area with granite countertop, refrigerator, sink and cabinetry. A sliding pass-through window opens directly to the pool, creating a great setup for entertaining. The space offers plenty of flexibility for a game room, home gym, hobby space or private retreat. Additional features include a 2021 roof, 2021 exterior paint, real wood blinds, lighted art niches, updated light fixtures, whole-home speakers with individual room controls, irrigation, additional attic and kitchen storage, security equipment and original home blueprints. Wire 3 fiber internet is also being installed. This home brings together a spacious split-bedroom layout, dedicated office, inviting indoor living spaces and an outdoor setup made for enjoying Florida year-round.

The essentials

Built
2005
Price / sqft
$220
On market
53 days
Annual tax
$5,541
HOA
$125/mo
Flood zone
X · Low risk
Lot
32,670 sqft
Type
Single Family Residence

At a glance

Single family
Built 2005
Private pool
Heated
2 car garage
Driveway
0.75 acres
Lot size
3,114 sqft
Living area

Payment

Est. monthly payment
$4,502/mo
Down payment (20%)
$137,000
Property taxes
$462/mo
HOA
$125/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2005
Lot
32,670 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Faces Side
Pool
Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Solar Heat
Days on Market
53
High Ceilings
Stone Counters
Tray Ceiling(s)
Walk-in Closet(s)
Wet Bar
Window Treatments
Outdoor Grill
Gated Community - No Guard
Bar Fridge
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Washer
Elementary
South Ocala Elementary School
Middle
Osceola Middle School
High
Forest High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$5,541
Parcel #
31363-003-08

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
Arbors
County
Marion
MLS Area
34480 - Ocala
Lot Size
32,670 sqft
HOA
$125/mo
Bosshardt Property Management

Price history

Date
Event
Price
9/22/2026
Listed for sale
Source: Stellar MLS #OM733331
$685,000
$220/sqft

Neighborhood

3948 SE 40th St
Ocala, FL, 34480 · 34480 - Ocala

Market insights

Offer Insights

Choose an offer strength

List price: $685,000
$680,000 – $685,000
99.4% – 100% of listTops out right at the list price
80% of listList price
121 of the last 240 home closings in 34480 landed at this number or higher (50%). The median one sat 54 days before it went under contract, and this one is on day 53.

Sample: 240 closed home sales in 34480 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,502/mo
Principal & interest$3,573
Property taxes$462
Insurance$343
HOA$125
Down payment20% · $137,000
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%. HOA includes any condo dues reported on the listing. 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

$685,000

$220 per sq ft

Beds and baths

3 beds, 3 baths

Size

3,114 sq ft

Time on market

53 days

Year built

2005

Monthly payment

About $4,502/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,541 annual tax bill, insurance, and the $125/mo HOA fee.

HOA fee

$125/mo

Managed by Bosshardt Property Management.

Flood zone

Zone X

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

Offer

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Have another question?

Brokered byBOFFO REAL ESTATE GROUP LLCListing agent: Sarah CookeListing data from Stellar MLS, MLS# OM733331.

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