$145,000
SOLD NOV 18, 2025

1640 NE 40th Ave Unit 203 Ocala, FL 34470

Northeast Ocala Neighborhood
2 Beds
2 Baths
1,382 Sq Ft
$400/mo HOA Fee

Recently Sold

$105 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Balcony
  • Active Adult
  • Pool View
  • Walk-In Closet

About This Home

As of November 2025

Welcome to Silver Pines Condominiums, a tranquil 55+ community in the heart of Ocala. This second-floor, two-bedroom, two-bathroom condo offers a fantastic opportunity for comfortable and convenient living, with the added benefit of elevator access. Step inside to a bright and open floor plan, with recently installed LVP (Luxury Vinyl Plank) flooring that extends throughout the main living areas. This durable and stylish flooring provides the look of hardwood with the benefits of being scratch-resistant, waterproof, and easy to maintain. The spacious great room provides an ideal setting for relaxation and entertaining. The well-appointed kitchen features white cabinetry and appliances, and the seller is offering a $2,500 appliance allowance to update the space to your taste. The primary bedroom is a peaceful retreat, complete with a private en-suite bathroom. The second bedroom is also generously sized and is adjacent to the second full bathroom, which includes a shower/tub combo with safety grab bars. Residents of Silver Pines enjoy a host of community amenities, including a refreshing swimming pool, cabana with outdoor grill area, and on-site laundry facilities. The HOA fee covers water, trash, exterior building maintenance, and insurance, providing a hassle-free lifestyle. This condo comes with assigned covered parking for one vehicle, with additional off-street parking available for guests. Located just minutes from shopping, dining, and entertainment, this condo offers both serenity and convenience. Don't miss your chance to make this exceptional property your new home! Schedule your private showing today.

Last Agent to Sell the Property

Patrick McNamara

BOARDWALK REALTY ASSOCIATES LLC Brokerage Phone: 404-849-9050 License #3453702 Listed on: 09/24/2025

Last Buyer's Agent

Darla Priest

COLDWELL BANKER ELLISON REALTY O License #0476492

COLDWELL BANKER ELLISON REALTY O

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Irrigation Equipment

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Courtyard
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 1964

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1382
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1550
  • Lot Size Sq Ft: 813
  • Status: Sold
  • Street Direction: NE
  • Ownership: Condominium
  • Entry Level: 2
  • Building Area Total Srch Sq M: 144.00
  • Escrow City: Windermere
  • Escrow State: FL
  • Escrow Street Name: Conroy Windermere Road, STE 200
  • Floor Number: 2
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 104.92
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 404-849-9050
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Living Area Meters: 128.39

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0529E

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • 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
  • Complex Community Name Nccb: SILVER PINES
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Association Email: info@vinemgt.com/jo.davis@vinemgt.com
  • Monthly Condo Fee Amount: 0
  • 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: 2728-101-203
  • Additional Parcels: No
  • Flood Zone Code: X*

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 684.76
  • Tax Block: 8
  • Tax Book Number: 0
  • Tax Lot: 203

Multi Family

  • Approval Process: Complete application and interview.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jul 31, 2017
Sold by
Thompson Pauline V
Bought by
Barnes Louis L
Seller's Agent
Joshua Brown
CROSSROADS REALTY, INC
Buyer's Agent
Julie Messenger
BUCKNER HOMES REALTY INC
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Rhodes John W and Rhodes Joyce L
Bought by
Thompson Marvin C and Thompson Pauline

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hulett Jasper M and Hulett Othella
Bought by
Rhodes John W and Rhodes Joyce L

Purchase Details

Closed on
Dec 12, 2002
Sold by
Mulkey Kathryn Burgess
Bought by
Hulett Jasper M and Hulett Othella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $58,000 1St Quality Title Llc
Warranty Deed $137,000 Brick City Title Ins Co Inc
Warranty Deed $75,000 All American Land Title Insu
Warranty Deed $56,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 Sold $145,000 -3.3% $105 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $149,900 +158.4% $108 / Sq Ft
07/31/2017 07/31/17 Sold $58,000 -3.2% $42 / Sq Ft View Prior Sale
07/11/2017 07/11/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $59,900 -- $43 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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
2025 $702 $49,666 -- --
2024 $685 $48,266 -- --
2023 $663 $46,860 $0 $0
2022 $517 $45,495 $0 $0
2021 $502 $44,170 $0 $0
2020 $339 $43,560 $0 $0
2019 $325 $42,581 $0 $0
2018 $305 $41,787 $7,280 $34,507
2017 $149 $33,574 $0 $0
2016 $138 $32,883 $0 $0
2015 $136 $32,654 $0 $0
2014 $122 $32,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM710240

Stellar MLS

APN: 2728-101-203