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.
For sale
$589,000
2000 SE 40th Street Rd, Ocala, FL 34480
8beds
4baths
3,233sqft
Est.:
Quadruplex, Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Central airShingle roofDurable wood siding
- 42 days |
- 519 |
- 31 |
Zillow last checked: 8 hours ago
Listing updated: February 05, 2026 at 12:30pm
Listing Provided by:
Freddy Pinero 407-988-7550,
LOKATION 954-545-5583
Source: Stellar MLS,MLS#: OM717086
Originating MLS: Lakeland
Originating MLS: Lakeland
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Range, Range Hood, Refrigerator
- Laundry: Inside
Features
- Other
- Flooring: Laminate, Tile, Vinyl
- Basement: Other
- Has fireplace: No
Interior area
- Total interior livable area: 3,233 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Other
Lot
- Size: 0.28 Acres
- Dimensions: 99 x 120 x 99 x 119
Details
- Additional structures: Other
- Parcel number: 3120001019
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: CITRUS PARK
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $312,120
- Annual tax amount: $7,677
- Date on market: 1/21/2026
- Cumulative days on market: 36 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Listed for sale | $589,000$182/sqft |
Source:  Stellar MLS #OM717086 Report a problem | ||
| 1/29/2026 | Pending sale | $589,000$182/sqft |
Source: Stellar MLS #OM717086 Report a problem | ||
| 1/22/2026 | Listed for sale | $589,000+10.1%$182/sqft |
Source: Stellar MLS #OM717086 Report a problem | ||
| 6/20/2024 | Sold | $535,000-4.3%$165/sqft |
Source: Stellar MLS #OM666583 Report a problem | ||
| 6/4/2024 | Pending sale | $559,000$173/sqft |
Source: Stellar MLS #OM666583 Report a problem | ||
| 4/15/2024 | Listing removed | -- |
Source: Stellar MLS #OM666583 Report a problem | ||
| 10/18/2023 | Listed for sale | $559,000+212.3%$173/sqft |
Source: Stellar MLS #OM666583 Report a problem | ||
| 11/8/2019 | Sold | $179,000-10.3%$55/sqft |
Source: Public Record Report a problem | ||
| 4/30/2019 | Sold | $199,500+134.7%$62/sqft |
Source: Public Record Report a problem | ||
| 6/28/2017 | Sold | $85,000-26.2%$26/sqft |
Source: Public Record Report a problem | ||
| 11/22/2013 | Sold | $115,100-32.7%$36/sqft |
Source: Public Record Report a problem | ||
| 1/31/2012 | Sold | $171,100-12.7%$53/sqft |
Source: Public Record Report a problem | ||
| 8/26/2008 | Sold | $195,900+3.7%$61/sqft |
Source: Public Record Report a problem | ||
| 2/26/2008 | Sold | $189,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,743 +17.9% | $312,120 +50.5% |
| 2023 | $5,722 +13% | $207,346 +10% |
| 2022 | $5,064 +5.2% | $188,496 +10% |
| 2021 | $4,813 +3.9% | $171,360 +7.7% |
| 2020 | $4,632 +14.3% | $159,120 +30.2% |
| 2019 | $4,054 | $122,186 +10% |
| 2018 | $4,054 +12.6% | $111,078 +10% |
| 2017 | $3,601 +48.2% | $100,980 +11.1% |
| 2016 | $2,430 | $90,882 +10% |
| 2015 | $2,430 -2.9% | $82,620 -10% |
| 2014 | $2,503 +7.6% | $91,800 +12.5% |
| 2013 | $2,326 -9% | $81,600 -15.8% |
| 2012 | $2,556 -10.6% | $96,900 -16.7% |
| 2011 | $2,860 -12.3% | $116,280 -18.6% |
| 2010 | $3,261 -5.7% | $142,800 -11.1% |
| 2009 | $3,459 -14.2% | $160,650 -21.1% |
| 2008 | $4,031 -3.3% | $203,490 -5% |
| 2007 | $4,167 +9.7% | $214,200 +24.8% |
| 2006 | $3,800 +65.6% | $171,666 +35.8% |
| 2005 | $2,294 | $126,378 +50.7% |
| 2004 | $2,294 +22.8% | $83,869 +14.2% |
| 2002 | $1,868 +13.5% | $73,440 +13.7% |
| 2001 | $1,646 | $64,600 |
| 2000 | $1,646 | $64,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,574/mo
Principal & interest
$2779
Property taxes
$795
Climate risks
Neighborhood: 34480
Nearby schools
GreatSchools rating
- 3/10South Ocala Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Osceola Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Forest High SchoolGrades: 9-12Distance: 2.7 mi
Local experts in 34480
- Florida
- Marion County
- Ocala
- 34480
- 2000 SE 40th Street Rd
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