$50,000
SOLD SEP 11, 2025

0 SW 40th Terrace Unit MFROM703018 Ocala, FL 34476

0.23 Acre
$217,391 Price per Acre
10,019 Sq Ft Lot

Recently Sold

9% Below List Price

55 Days on Market

About This Lot

As of September 2025

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.

Last Agent to Sell the Property

Asher Abadi

UDI LLC Brokerage Phone: 321-622-3937 License #3215108 Listed on: 06/04/2025

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $376

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property is zoned R1

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Marion Oaks #7 Subdivision

Listing and Financial Details

  • Legal Lot and Block 34 / 1054
  • Assessor Parcel Number 8007-1054-34

Property Details

Property Type

Land

Est. Annual Taxes

$376

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 4.99
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 321-622-3937
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: None, Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R1
  • Parcel Number: 8007-1054-34
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 375.54
  • Tax Block: 1054
  • Tax Book Number: O-140MARION
  • Tax Lot: 34

Range of Values:

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Average Value
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List Price
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
09/11/2025 09/11/25 Sold $50,000 -4.7% --
07/29/2025 07/29/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $52,450 -4.6% --
06/04/2025 06/04/25 For Sale $55,000 -- --
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: OM703018

Stellar MLS
Florida Marion County Ocala 34476

0 SW 40th Terrace Unit MFROM703018, Ocala, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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