2000 SE 40th Street Rd

4
Baths
3,233 Sq. Ft.
$182 / Sq. Ft.
3,233
Sq. Ft.
$182
per Sq. Ft.

Description

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...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.
  1. Listed by Freddy Pinero • Brokerage DRE #1035217 • LOKATION
    P: (407)-988-7550 C: (407)-988-7550 wpinero007@gmail.com

Property Details for 2000 Southeast 40th Street Road

Subdivision Name
CITRUS PARK
Township
15S
Waterfront
No
LISTING UPDATED: 01/22/2026 07:05 AM

Property Details for 2000 Southeast 40th Street Road

StatusActive
MLS #OM717086
Days on Market1
Taxes$7,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1983
Lot Size0.28 AC / 12,197 SF
CountyMarion County

Location

Listing Courtesy of LOKATION
Add your commute

Building Information for 2000 Southeast 40th Street Road

Stories-Residences4Year Built1983Building Size-Lot Size0.28 AC / 12,197 SF

Payment Calculator

$3,510 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,871

Property Taxes

$640

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2000 Southeast 40th Street Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From SE Maricamp Rd, Head south on SE 36th Avenue, then turn left onto SE 38th street. Continue straight as the road curves into SE 40th street road. Property will be on the right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2000
  • Street Direction Prefix: SE
  • Street Name: 40TH STREET
  • Street Suffix: ROAD
  • State: FL
  • City: OCALA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: A
  • Tax Book Number: S-014CITRUS
  • Tax Legal Description: SEC 33 TWP 15 RGE 22 PLAT BOOK S PAGE 014 CITRUS PARK BLK A LOT 19
  • Tax Lot: 19
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 99 x 120 x 99 x 119
  • Parcel Number: 3120001019
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R3
  • Living Area: 3233
  • Lot Dimensions: 99 x 120 x 99 x 119
Property and Assessments
  • Year Built Numeric: 1983
  • Flood Zone Code: X
  • Flood Zone Date: 08-28-2008
  • Flood Zone Panel: 12083C0538D
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 22E
  • Public Survey Section: 33
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Features: Other
  • Foundation Details: Block
  • Levels: One
  • Other Structures: Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Appliances: Range, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl
  • Heating: Electric
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $5,050.00
  • Unit Count: 4

Property History for 2000 Southeast 40th Street Road

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

MFRMLS #OM717086

$589,000
Jun 20, 2024

Sold

MFRMLS #OM666583

$535,000
Jun 19, 2024

Sold (Public Record)

Public Record #1535247627

$535,000

+26.7% / yr

May 10, 2024

Pending

MFRMLS #OM666583

Oct 18, 2023

Listed (Active)

MFRMLS #OM666583

$559,000
Nov 6, 2019

Sold (Public Record)

Public Record #656723067

$179,000

-18.2% / yr

Apr 23, 2019

Sold (Public Record)

Public Record #643699379

$199,500
Apr 23, 2019

Sold (Public Record)

Public Record #656723068

$100,600

+11.2% / yr

Jun 23, 2017

Sold (Public Record)

Public Record #599715993

$82,800
Jun 23, 2017

Sold (Public Record)

Public Record #656723069

$82,800

-6.4% / yr

Nov 18, 2013

Sold (Public Record)

Public Record #643671857

$105,000
Nov 18, 2013

Sold (Public Record)

Public Record #379089923

$105,000

+12.4% / yr

Jan 26, 2012

Sold (Public Record)

Public Record #599715992

$85,000

-1.1% / yr

Jan 12, 2009

Sold (Public Record)

Public Record #323610670

$87,984

-48.9% / yr

Aug 19, 2008

Sold (Public Record)

Public Record #251552546

$115,100
Aug 18, 2008

Sold (Public Record)

Public Record #251552543

$203,000
Aug 18, 2008

Sold (Public Record)

Public Record #387284643

$115,100

-71.9% / yr

Mar 18, 2008

Sold (Public Record)

Public Record #251455623

$195,831
Feb 27, 2008

Sold

MFRMLS #OM288981

$189,000
Feb 25, 2008

Sold (Public Record)

Public Record #233976324

$212,860
Feb 22, 2008

Sold (Public Record)

Public Record #233934779

$189,000
Feb 15, 2008

Pending

MFRMLS #OM288981

Oct 19, 2007

Sold

MFRMLS #OM288981

Aug 30, 2007

Listed (Active)

MFRMLS #OM288981

$249,900
Jul 11, 2007

Expired

MFRMLS #OM219370

$259,900
Dec 23, 2005

Listed (Active)

MFRMLS #OM219370

$295,000
DateEvent & SourcePrice
01/21/2026

Listed (Active)

MFRMLS #OM717086

$589,000
06/20/2024

Sold

MFRMLS #OM666583

$535,000
06/19/2024

Sold (Public Record)

Public Record #1535247627

$535,000

+26.7% / yr

05/10/2024

Pending

MFRMLS #OM666583

10/18/2023

Listed (Active)

MFRMLS #OM666583

$559,000
11/06/2019

Sold (Public Record)

Public Record #656723067

$179,000

-18.2% / yr

04/23/2019

Sold (Public Record)

Public Record #643699379

$199,500
04/23/2019

Sold (Public Record)

Public Record #656723068

$100,600

+11.2% / yr

06/23/2017

Sold (Public Record)

Public Record #599715993

$82,800
06/23/2017

Sold (Public Record)

Public Record #656723069

$82,800

-6.4% / yr

11/18/2013

Sold (Public Record)

Public Record #643671857

$105,000
11/18/2013

Sold (Public Record)

Public Record #379089923

$105,000

+12.4% / yr

01/26/2012

Sold (Public Record)

Public Record #599715992

$85,000

-1.1% / yr

01/12/2009

Sold (Public Record)

Public Record #323610670

$87,984

-48.9% / yr

08/19/2008

Sold (Public Record)

Public Record #251552546

$115,100
08/18/2008

Sold (Public Record)

Public Record #251552543

$203,000
08/18/2008

Sold (Public Record)

Public Record #387284643

$115,100

-71.9% / yr

03/18/2008

Sold (Public Record)

Public Record #251455623

$195,831
02/27/2008

Sold

MFRMLS #OM288981

$189,000
02/25/2008

Sold (Public Record)

Public Record #233976324

$212,860
02/22/2008

Sold (Public Record)

Public Record #233934779

$189,000
02/15/2008

Pending

MFRMLS #OM288981

10/19/2007

Sold

MFRMLS #OM288981

08/30/2007

Listed (Active)

MFRMLS #OM288981

$249,900
07/11/2007

Expired

MFRMLS #OM219370

$259,900
12/23/2005

Listed (Active)

MFRMLS #OM219370

$295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2000 Southeast 40th Street Road

Taxable ValueLand$43,200Additions$324,000Total$367,200
Tax Record2025$7,677 ($640 / month)
Home Facts
Baths4Total Finished SqFt3,233 SqFtAbove Grade Finished SqFt3,233 SqFtStories1Lot Size12,197 SqFtStyleQuadraplexYear Built1983Year Renovated2009ZoningR3CountyMARIONAPN3120-001-019

Schools near 2000 Southeast 40th Street Road

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
South Ocala Elementary School
PublicPK to 5

Osceola Middle School
Public6 to 8

Forest High School
Public9 to 12

Fordham Early Learning Academy
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2000 Southeast 40th Street Road is a multi-family home for sale in Ocala, FL 34480. This property was listed for sale on January 21, 2026 by LOKATION, it's currently listed at $589,000. It has been on the market for a total of 1 days and was last sold on June 20, 2024. This listing's school district is Marion. Nearby schools include South Ocala Elementary School, Osceola Middle School and Forest High School. 2000 Southeast 40th Street Road is a 8-bed, 4-bath, 3,233 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LOKATION

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.