Amazing opportunity! Turnkey QUAD with great passive income potential. Each unit features 2 beds/1 bath, eat-in kitchen, inside laundry and patio. NEW Roof in 2016, NEW tankless water heaters, NEW laminate flooring in main living areas, NEW tile in kitchens and bathrooms, NEW kitchen cabinetry, stainless steel appliances, NEW wooden fence, NEW windows, NEW tempered glass sliding doors, NEW paint in & out. Investors Beware and start cashing in your rental income today!
Multi-familyProperty Type
1983Year Built
0.28 acresLot Size
$53Price/Sq.Ft.
Listed by Taimi Guillot• BRAVO'S PROPERTIES & MAN LLC
Bought with Sonia Bravo• BRAVO'S PROPERTIES & MAN LLC
Amazing opportunity! Turnkey QUAD with great passive income potential. Each unit features 2 beds/1 bath, eat-in kitchen, inside laundry and patio. NEW Roof in 2016, NEW tankless water heaters, NEW laminate flooring in main living areas, NEW tile in kitchens and bathrooms, NEW kitchen cabinetry, stainless steel appliances, NEW wooden fence, NEW windows, NEW tempered glass sliding doors, NEW paint in & out. Investors Beware and start cashing in your rental income today!
Stellar MLS as Distributed by MLS Grid #G4805702
Feb 9, 2015
Sold
$29,500
$9/sq ft
Nov 12, 2014
Listed
$29,500
$9/sq ft
BANK OWNED!! DEFINITELY A HANDYMAN SPECIAL, 4-PLEX IN OCALA, EACH UNIT IS 2 BEDROOM 1 BATH. NEEDS A LOT OF WORK BUT HAS GREAT POTENTIAL FOR RENTAL INCOME.
Stellar MLS as Distributed by MLS Grid #OM343158
Feb 1, 2011
Listing Removed
—
Public Records
Dec 23, 2004
Sold
$189,900
$59/sq ft
Public Records
Jun 1, 2000
Sold
$81,900
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,316 (+11.4%)
2024
$5,671 (+3.9%)
2023
$5,457 (+13.2%)
2022
$4,823 (+5.1%)
2021
$4,590 (+4.4%)
2020
$4,398 (+8.5%)
2019
$4,054 (+7.6%)
2018
$3,767 (+4.4%)
2017
$3,610 (+31.9%)
$6,400 + $99,365
$105,765
2016
$2,737 (+86.1%)
$6,400 + $99,365
$105,765
2015
$1,471 (−40.8%)
$6,400 + $94,387
$100,787
2014
$2,485
Tax history for 1990 SE 40th Street Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,316 (+11.4%)
2024
$5,671 (+3.9%)
2023
$5,457 (+13.2%)
2022
$4,823 (+5.1%)
2021
$4,590 (+4.4%)
2020
$4,398 (+8.5%)
2019
$4,054 (+7.6%)
2018
$3,767 (+4.4%)
2017
$3,610 (+31.9%)
$6,400 + $99,365
$105,765
2016
$2,737 (+86.1%)
$6,400 + $99,365
$105,765
2015
$1,471 (−40.8%)
$6,400 + $94,387
$100,787
2014
$2,485
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
—
Sq. Ft.
3,233
Year built
1983
Style
Single Family Residential
County
Marion County
APN
3120-001-018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R-3
Multi family Dwelling
The Multi Family Dwelling classification is intended to provide for high density and urban residential development, including multi-family dwellings in areas served by public or private water and sewer facilities.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Educational / school
Golf related
Park & open space
Property details
Parking
Parking Information
Parking Features: Driveway, None, Open
Interior
Virtual Tour
Laundry Room Information
Laundry Features: Inside
Other Rooms Information
Additional Rooms: Attic,Inside Utility
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Attic
Window Features: Blinds
Appliances: Dishwasher, Range, Range Hood, Refrigerator, Tankless Water Heater
Flooring: Ceramic Tile, Laminate
Exterior
Building Information
Construction Materials: Brick, Wood Frame
Roof: Shingle
Exterior Features
Patio And Porch Features: Deck, Patio, Porch
Exterior Features: Sliding Doors
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0
Property Information
Total Num Buildings: 1
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential Income
Property Sub Type: Quadruplex
Zoning: R3
Land Information
Vegetation: Oak Trees
Total Acreage: 1/4 Acre to 21779 Sq. Ft.
Lot Information
Lot Features: In County, Paved
Lot Size Acres: 0.28
Lot Size Dimensions: 100x120x100x119
Financial
Tax Information
Tax Annual Amount: $1,472
Tax Year: 2015
Utilities
Utility Information
Utilities: Public
Location
Multi-Family Financial Information
Annual Net Income: 30000.00
Multi-Unit Information
# of Units (Total): 4
# of Units: 2
Unit Type 1 Information
# of Units: 4
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: Efficiency
# of Bathrooms: 1
# of Bedrooms: 1
HOA Information
Association Fee Requirement: None
Location Information
Directions: From SE Lake Weir Ave/County Hwy-464A, head West onto SE 38th St. Turn right onto SE 20th Ct. Sharp right onto SE 40th Street Rd. Property on left.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,233
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: Marion County
APN: 3120-001-018
Home facts updated by county records on Sep 9, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Previous Status: Pending
Home Warranty YN: No
Listing Date Information
Days to Contract: 10
Status Contractual Search Date: 2016-11-21T00:00:00.000
Listing Price Information
Calculated List Price By Calculated Sq Ft: 54.13
Home Information
Living Area: 3233
Living Area Units: Square Feet
Living Area Source: Public Records
Building Area Source: Public Records
Security Features: Smoke Detector(s)
Around this home
Schools
South Ocala Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Osceola Middle School
Public 6-8 • Assigned • 2.8mi
8/10
Forest High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Ocala, FL • 34480
Average low and high temperatures (°F)
66
43
74
49
80
56
85
61
89
69
91
73
93
75
91
75
88
71
81
65
78
56
71
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 6.3 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
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