Sold
Last Sold Price
10,019 Lot Size0.23 Acres
SW 40th Ter, Ocala, FL 34473
LandProperty Type
0.23 acresLot Size

Description

Situated in the heart of Marion Oaks, this residential 0.23-acre lot measures 80 by 125 feet and has public water available, located outside the flood zone, with no wetlands or endangered species. This lot is shovel-ready and primed for development. Marion Oaks is located south of downtown Ocala and next to I-75 for easy access to the Orlando suburbs. Marion Oaks has plenty to do for nature lovers, including natural springs, state forests, mudding, and biking trails. Marion Oaks is exploding with...Situated in the heart of Marion Oaks, this residential 0.23-acre lot measures 80 by 125 feet and has public water available, located outside the flood zone, with no wetlands or endangered species. This lot is shovel-ready and primed for development. Marion Oaks is located south of downtown Ocala and next to I-75 for easy access to the Orlando suburbs. Marion Oaks has plenty to do for nature lovers, including natural springs, state forests, mudding, and biking trails. Marion Oaks is exploding with development due to low housing prices and cheap land. Walmart and shops are just 10 minutes away. Silver Springs Shores, one of the largest artesian spring formations in the world, is just 20 minutes away. Just 20 minutes to downtown Ocala, and 1 hour to downtown Orlando.
  • Listed by: Asher Abadi 321.622.3937 realty@unityknows.com Brokerage DRE #1069345 • UDI LLC
Listing closed: 09/11/2025 12:00 AM • Source: MFRMLS, MLS#: OM703018

Recent comparable sales

Median sold price

$47,000

Avg days on market

40

Sale-to-list ratio

91.8%

Ocala, FL

9 comparable properties found

$47,000 | 4 Lot, Ocala, FL 34473
1/6
1

$47,000

Sold 06/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
$45,000 | 43 Southwest Avenue Road, Ocala, FL 34473
1/2
2

$45,000

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of a yard with a fountain
1/2
3

$47,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres
$53,000 | 0 Southwest 131st Place Road, Ocala, FL 34473
1/2
4

$53,000

Sold 10/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
a black and white photo of a rug
1/2
5

$45,500

Sold 04/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
an aerial view of multiple house
1/2
6

$55,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$50,000 | Tba Southwest 130th Street, Ocala, FL 34473
1/2
7

$50,000

Sold 10/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$47,000 | Undisclosed Address, Ocala, FL 34473
1/2
8

$47,000

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$45,000 | 9 Southwest 35th Ave Road, Ocala, FL 34473
1/2
9

$45,000

Sold 03/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres

Location

Listing Courtesy of UDI LLC
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$290 per month

30 year fixed, 6.71% Interest

Principal and Interest

$258

Property Taxes

$31

HOA Dues

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Property Information for Southwest 40th Terrace

Property Details
  • Taxes: $376 / year
  • MLS Type: Land
  • Subdivision Name: MARION OAKS #7
  • Township: 17S
  • Waterfront: No
Building Information
  • Lot Size: 0.23 AC
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Ocala, FL Head east on NW 1st St toward US-27 S / US-301 S / US-441 S / FL-25 / FL-200 / FL-464 / N Pine Ave Turn right onto US-27 S / US-301 S / US-441 S / FL-25 / FL-200 / FL-464 / N Pine Ave Turn right onto FL-40 / W Silver Springs Blvd Pass Kwik Stop on the left in Take the ramp on the left for I-75 South and head toward Tampa Merge onto I-75 S At Exit 341, head right on the ramp for FL-484 / SW Highway 484 toward Dunnellon Pass Burger King on the left in 0.5 mi Turn right onto Marion Oaks Course Turn right onto Marion Oaks Trail Turn left onto SW 43rd Circle Arrive at SW 43rd Circle on the right The last intersection before your destination is Marion Oaks Trail If you reach SW 128th Pl, you've gone too far
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Street Direction Prefix: SW
  • Street Name: 40TH
  • Street Suffix: TERRACE
  • State: FL
  • City: OCALA
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • Tax Block: 1054
  • Tax Book Number: O-140MARION
  • Tax Legal Description: SEC 03 TWP 17 RGE 21 PLAT BOOK O PAGE 140 MARION OAKS UNIT 7 BLK 1054 LOT 34
  • Tax Lot: 34
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Dimensions: 80 x 125
  • Parcel Number: 8007105434
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Lot Dimensions: 80 x 125
Property and Assessments
  • Flood Zone Code: X
  • Public Survey Range: 21E
  • Public Survey Section: 03
Utilities
  • Sewer: None, Septic Needed
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for Southwest 40th Terrace

DateEvent & SourcePriceAppreciation
Sep 11, 2025

Sold

MFRMLS #OM703018

$50,000
Jul 29, 2025

Pending

MFRMLS #OM703018

Jul 7, 2025

Price Change

MFRMLS #OM703018

$52,450
DateEvent & SourcePrice
09/11/2025

Sold

MFRMLS #OM703018

$50,000
07/29/2025

Pending

MFRMLS #OM703018

07/07/2025

Price Change

MFRMLS #OM703018

$52,450

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

Schools near Southwest 40th Terrace

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Marion Oaks Elementary School
PublicPK to 5

Horizon Academy At Marion Oaks
Public6 to 8

West Port High School
Public9 to 12

Ina A.Colen Academy
CharterK to 8

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Southwest 40th Terrace, Ocala, FL 34473
$50,000
10,019
$330,000
4
2
1,668
10,454
$314,000
4
1,655
10,019
$207,000
3
2
1,720
10,454
$295,000
3
1,690
11,326
$43,000
3
2
2,000
11,761

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of UDI LLC

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.