2000 SE 40TH STREET ROAD, Ocala, FL 34480
Quadruplex - OCALA, FL
- Added:
- Jan 20, 2026
- Days on Market:
- 154
- Last Refresh:
- Jun 23 at 2:06 am
Property Features for 2000 SE 40TH STREET ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R3
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 3120-001-019
- Size
- 3,233 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7677.15
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Number of units
- 4
- Flooring type
- Laminate, Tile, Vinyl
- Building materials
- Wood Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Freddy Pinero License #3272081 (954) 545-5583
Listing office LOKATION 1500 E. Atlantic Blvd., Pompano Beach, FL (954) 545-5583
Listing date Jan 20, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Quadplex with 4 fully occupied 2‑bedroom units, each with 1 bathroom and separate metering
- Total of 3,233 heated Sq Ft of living space on a 0.28‑acre lot
- No HOA, with no special sale conditions reported
- Built in 1983 with wood siding and a shingle roof
- Central air and electric heating; interior flooring includes tile, vinyl, and laminate
- Zoned R‑3 and located in Flood Zone X
Overview
The property is located in Ocala, Florida, in Marion County, on a 0.28-acre lot. It is zoned R3 and identified as being in Flood Zone X. The listing notes no HOA and no special sale conditions.
For buyers seeking a multi-unit residential asset, this quadplex offers a straightforward structure with four independent units and separate utilities as part of the operating setup. The combination of central air, established unit configuration, and separate metering is designed to support day-to-day management of multiple households within one property.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.2k | $28.20 |
| − Vacancy | −$5.7k | −$1.78 |
| EGI | $85.4k | $26.42 |
| − OpEx | −$38.4k | −$11.89 |
| NOI | $47.0k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.110506
- Latitude
- 29.146826
