$139,900
PENDING $10K PRICE DROP

1640 NE 40th Ave Unit 107 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated payment $1,294/month

Total Views 14,040
2 Beds
2 Baths
1,341 Sq Ft
$104 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Engineered Wood Flooring
  • Park or Greenbelt View
  • Active Adult
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

With an accepted offer, the seller is offering your choice of a $5,000 credit toward buyer's closing costs or one year of HOA dues paid in full. GROUND FLOOR with POOL VIEW 2 Bed/2 Bath Condo in the Heart of Ocala! Located in 55+ Silver Pines 01 Condominiums. Prime location with Walmart, Publix, and Lowe’s just 3 minutes away and a short drive to a wide array of shopping, dining, entertainment, parks, and recreation. Featuring; NEW Roof 2020, open floor plan, engineered hardwood flooring, plantation shutters, new windows and gutters. Spacious great room leads to an enclosed Lanai/Florida Room, an ideal spot for relaxation or entertaining guests. Equipped kitchen features; new tile flooring, newer appliances and a pantry cabinet with ample storage space. The Master bedroom includes a private en-suite bath with a garden tub, elegant cherry wood basin vanity with granite counters, linen closet and a custom walk-in closet. The second bedroom is ample and adjacent to the guest bathroom featuring a step-in shower and large vanity. Residents enjoy exclusive access to community amenities such as; a swimming pool, sundeck, cabana, outdoor grill, outdoor showers, and laundry facilities. The HOA Fee also includes; Trash, Water, Insurance, Common Area Taxes, Painting, Maintenance and Repair (exterior building only). Assigned covered owner parking for 1 vehicle in addition to open, off-street parking for extra vehicles or guests. Across the street, a serene park invites you to unwind with scenic walking trails and a fitness station. Perfect for reconnecting with nature right outside your doorstep. Don't miss your chance! Schedule a viewing today and make this your forever home.

Listing Agent

Taimi Guillot

GUILLOT REALTY LLC. Brokerage Phone: 352-217-7107 License #3301708 Listed on: 05/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Irrigation Equipment

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,341 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include common area taxes, pool, insurance, maintenance structure, ground maintenance, maintenance, trash, water
  • Vine Management/Jo Davis Association, Phone Number (352) 812-8086
  • Visit Association Website
  • Silver Pines 01 Subdivision
  • Community features wheelchair access

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1964

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1341
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1500
  • Lot Size Sq Ft: 842
  • Status: Pending
  • Street Direction: NE
  • Ownership: Condominium
  • Entry Level: 1
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E. Fort King Street
  • Floor Number: 1
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 104.33
  • Water Access YN: 0
  • Amenities Additional Fees: The buyer is responsible for paying a one-time transfer fee of $125 charged by the HOA to cover the costs of transferring ownership records from the seller to the buyer. Additionally, there is a $200 non-refundable application fee to the buyer.
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-217-7107
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 2
  • Living Area Meters: 124.58

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: French Doors, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt, Pool
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Sidewalks, Wheelchair Access
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management/Jo Davis
  • Phone: 352-812-8086x709
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No animals or pets of any kind are allowed, except fish. Pets may visit for 3-4 days, must be well-behaved and leashed. Expanded pet visits require Board approval. Service animals with a doctor's prescription may be permitted with Board approval.
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Association Email: info@vinemgt.com/jo.davis@vinemgt.com
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: https://www.vinemgt.com

Fee Information

  • Total Annual Fees: 4800.00
  • Total Monthly Fees: 400.00
  • Monthly HOA Amount: 400.00

Lot Info

  • Zoning: R3
  • Parcel Number: 2728-101-107
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1884.06
  • Tax Block: 8
  • Tax Book Number: 0
  • Tax Lot: 107

Multi Family

  • Approval Process: Complete Owner Application Packet (see paperclip), background check and meet & greet for final board approval.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,963 $95,003 -- --
2023 $1,963 $86,366 $25,000 $61,366
2022 $736 $71,567 $25,000 $46,567
2021 $1,396 $67,738 $25,000 $42,738
2020 $867 $47,707 $13,000 $34,707
2019 $811 $45,560 $10,938 $34,622
2018 $723 $40,926 $7,280 $33,646
2017 $655 $35,457 $2,001 $33,456
2016 $648 $34,668 $0 $0
2015 $624 $32,831 $0 $0
2014 $559 $31,648 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $139,900 -6.7% $104 / Sq Ft
05/08/2025 05/08/25 For Sale $150,000 +96.1% $112 / Sq Ft
02/16/2021 02/16/21 Sold $76,500 -4.3% $57 / Sq Ft View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $79,900 +42.9% $60 / Sq Ft
10/25/2016 10/25/16 Sold $55,900 -6.7% $42 / Sq Ft View Prior Sale
09/21/2016 09/21/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $59,900 -- $45 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $97,400 Atlas Title
Warranty Deed $76,500 Marion Lake Sumter Title Llc
Warranty Deed $55,900 Ocala Land Title Insurance A
Warranty Deed $28,000 Affiliated Title Of Marion C
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,720 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: OM700891

Stellar MLS

APN: 2728-101-107