$564,000

1820 40th Street Road

Ocala, FL 34480

Active
8
Beds
4
Baths
3,233
Sq Ft
0.28
Acres
1982
Built
$174/sqft
🏠Quadruplex

Property type

🏗️1982

Year built

📐12,197 sqft

Lot size

📊$174

Price / sq ft

🏘️No HOA

HOA dues

📅105

Days on market

🌊X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$2,852
Property taxes$640
Home insurance (est.)$259

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history105 days on market

  1. Status: Active
    Feb 5, 2026
  2. Listed$589,000
    Jan 21, 2026
  3. Price reduced$564,000

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
105
Subdivision
Citrus Park
County
Marion
Year built
1982
Living area
3,233 sq ft
Price/sq ft
$174
Lot size
12,197 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12083C0538D)
Annual taxes
$7,677 (2025)
Parcel #
3120-001-010
Zoning
R3
MLS #
OM717087

Interior Details

Bedrooms
8
Interior features
Other
Laundry
Inside
Stories / Levels
One

Heating & Cooling

Heating
Electric, Natural Gas
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Other
Construction materials
Wood Siding
Roof
Shingle
Foundation
Block
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Water Connected

Listing Details

Listing date
2026-01-20
On market date
2026-01-21
Original list price
$589,000
MLS area
34480 - Ocala
Listing AOR
Lakeland
Status changed
2026-02-05
Tax legal description
SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 10

Flood risk

Minimal riskFEMA Zone XPanel 12083C0538D

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Head S on SE 36th Avenue. Turn left onto SE 38th Street, then continue as it curves into SE 40th Street Road. The property will be on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 14, 2026 at 3:42 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA