5020 40TH STREET
OCALA, FL 34480
Location
About this home
Welcome to a beautifully updated 4-bedroom, 3-bath home with a dedicated office, offering an impressive combination of style, functionality, and major recent upgrades. Step inside to soaring 12-foot ceilings and a warm gas-log fireplace. At the heart of the home is a completely remodeled kitchen, featuring two islands, new cabinetry, quartz countertops, a marble backsplash, and high-end appliances—including a 6-burner gas cooktop and stove. Every bedroom is also equipped with a custom closet system for exceptional storage and organization. Outside, enjoy your own private retreat with a newly resurfaced pool (2026) backed by a 10-year warranty and a newly screened pool enclosure. The irrigation system is supplied by a dedicated well, helping keep the landscaping beautiful without relying on the home's primary water source. Major improvements have already been taken care of, including a new tankless water heater (2026), new HVAC system (2025), and new roof with added insulation (2024). For RV and recreational enthusiasts, the property offers an oversized parking pad with 50-amp power for an RV or other recreational toys, plus an additional 220V hookup in the garage. Located in one of southeast Ocala's most desirable gated neighborhoods.
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 2,629 sqft
- Heating
- Natural Gas
- Cooling
- Central Air
- Flooring
- Carpet, Tile
- Fireplace
- Yes
- Stories
- 1
- Features
- Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters
- Appliances
- Cooktop, Dishwasher, Microwave, Range, Range Hood, Refrigerator
Exterior & lot
- Lot size
- 29,621 sqft (0.68 ac)
- Pool
- Yes
- Roof
- Shingle
- Construction
- Stucco
- Exterior
- Outdoor Shower, Private Yard, Rain Gutters, RV Hookup, Storage
Parking
- Garage
- 2 spaces
Financial
- HOA dues
- $600 / annually
- Annual tax
- $7,760 (2025)
- Price / sqft
- $247/sqft
Utilities
- Water
- Public, Well
- Sewer
- Aerobic Septic
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Well
Property
- Property type
- Single Family
- Year built
- 2005
- Subdivision
- SUMMERTON SOUTH
- County
- Marion
Assigned schools
- Elementary
- Maplewood Elementary School-M
- Middle
- Osceola Middle School
- High
- Forest High School
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR804665049
- Source
- Stellar MLS
Listed by Kristy Benefield · NEXT GENERATION REALTY OF MARION COUNTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $3,286/mo
- Property tax
- $647/mo
- Home insurance
- Left out until you enter a quote
- HOA dues
- $50/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Homes for sale in OCALA within the same price band.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 4, 2026 | Listed | $649,900 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for OCALA, FL are not connected yet, so this page does not show them.
