$25,000
SOLD JUN 20, 2025

0 SW 40th Place Rd Unit MFROM701424 Ocala, FL 34481

Rainbow Park Neighborhood
0.54 Acre
$46,296 Price per Acre
23,522 Sq Ft Lot

Recently Sold

4% Above List Price

2 Days on Market

Highlights

  • 0.54 Acre Lot
  • Corner Lot
  • No HOA
  • Wooded Lot

About This Lot

As of June 2025

.54-Acre Wooded Corner Lot – Zoned R1 for a Residential Home Build. Discover the perfect setting for your future home on this spacious lot, Nestled in a quiet neighborhood, this lot offers privacy and natural surroundings while still being just minutes from major highways and convenient grocery shopping. Whether you're ready to build now or planning for the future, this property provides a fantastic opportunity to create your ideal home with room to grow. Drive by today and imagine the possibilities!

Last Agent to Sell the Property

Emily Walker

FLORIDA ADVANTAGE REALTY GROUP License #3240664 Listed on: 05/13/2025

Last Buyer's Agent

Emily Walker

FLORIDA ADVANTAGE REALTY GROUP License #3240664 Listed on: 05/13/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $189

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 75x135
  • Property fronts a private road
  • West Facing Home
  • Corner Lot
  • Wooded Lot
  • Property is zoned R1

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 115
  • Assessor Parcel Number 2003-115-016

Property Details

Property Type

Land

Est. Annual Taxes

$189

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E. Silver Springs Blvd
  • RATIO Current Price By Calculate: 1.06
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • AG Exemption YN: 0
  • MFR_DockYN: 0
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Road Surface Type: Limerock
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 2003-115-016
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Corner Lot, In County, Wooded
  • Lot Dimensions: 75x135
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 188.77
  • Tax Block: 115
  • Tax Book Number: G-034RAINBOW
  • Tax Lot: 16

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $25,000 +4.2% --
05/15/2025 05/15/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $24,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM701424

Stellar MLS