Welcome to this beautifully renovated home in desirable Southeast Ocala, where warmth, natural light, and modern updates come together in a peaceful setting. As you enter, the light-filled family room highlights the open-concept design, creating an inviting space for everyday living and entertaining. The fully renovated kitchen features soft-close cabinetry, granite countertops, a stylish tile backsplash, and stainless steel appliances. Just off the kitchen is a formal dining room and a spacious laundry room with custom cabinetry installed in the past year. The primary suite offers a relaxing retreat with a beautifully updated bathroom featuring granite countertops and a large walk-in shower. Two additional spacious bedrooms and a full hallway bath provide comfortable accommodations for family or guests. Sliding doors from the dining room lead to a back deck with new railings, perfect for morning coffee or evening dinners overlooking the large backyard. Major updates completed in 2023 include: • New HVAC system with ductwork • Updated electrical and plumbing • New roof • All new windows and interior/exterior doors (including garage door and opener) • New water heater, toilets, sinks, lighting, trim, and flooring This home truly feels like new construction while being located in an established neighborhood near downtown Ocala, shopping, dining, parks, and schools — many within walking distance. A must-see move-in ready home!
Sold for $340,000
$340,000
723 SE 40TH TERRACE, OCALA, FL 34471
3beds
1,540sqft
Single Family Residence
Built in 1972
0.35 Acres Lot
$338,800 Zestimate®
$221/sqft
$1,864 Estimated rent
Home value
$338,800
$305,000 - $376,000
$1,864/mo
Zestimate® history
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List your homeWhat's special
Modern updatesFully renovated kitchenBeautifully updated bathroomTwo additional spacious bedroomsNew roofGranite countertopsLarge backyard
Zillow last checked:
Listing updated:
Listed by:
Laurie Ann Truluck 352-843-1472,
NEXT GENERATION REALTY OF MARION COUNTY 352-342-9730,
Jenny Stentiford 352-207-6897,
NEXT GENERATION REALTY OF MARION COUNTY
Bought with:
Darla Priest, 0476492
COLDWELL BANKER ELLISON REALTY O
Source: Stellar MLS,MLS#: OM720131
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: First
- Area: 264 Square Feet
- Dimensions: 22x12
Living room
- Level: First
- Area: 192 Square Feet
- Dimensions: 16x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s)
- Flooring: Vinyl
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 2,458
- Total interior livable area: 1,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 0.35 Acres
- Dimensions: 110 x 140
Details
- Parcel number: 2774004005
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: EASTWOOD PARK UN 01
HOA
- Has HOA: No
Location
- Region: Ocala
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $205,015
- Annual tax amount: $3,826
- Date on market: 3/5/2026
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Sold | $340,000-5.3%$221/sqft |
Source:  Stellar MLS #OM720131 Report a problem | ||
| 4/27/2026 | Pending sale | $359,000$233/sqft |
Source: Stellar MLS #OM720131 Report a problem | ||
| 4/18/2026 | Price change | $359,000-2.7%$233/sqft |
Source: Stellar MLS #OM720131 Report a problem | ||
| 3/19/2026 | Price change | $369,000-2.6%$240/sqft |
Source: Stellar MLS #OM720131 Report a problem | ||
| 3/5/2026 | Listed for sale | $379,000+18.4%$246/sqft |
Source: Stellar MLS #OM720131 Report a problem | ||
| 2/9/2024 | Sold | $320,000-1.5%$208/sqft |
Source: Stellar MLS #OM669948 Report a problem | ||
| 1/7/2024 | Pending sale | $325,000$211/sqft |
Source: Stellar MLS #OM669948 Report a problem | ||
| 12/31/2023 | Listed for sale | $325,000+151.9%$211/sqft |
Source: Stellar MLS #OM669948 Report a problem | ||
| 8/29/2023 | Sold | $129,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,827 -0.6% | $205,015 +1% |
| 2024 | $3,848 +272.2% | $203,044 +147.8% |
| 2023 | $1,034 +20.7% | $81,932 +3% |
| 2022 | $856 +1.7% | $79,546 +3% |
| 2021 | $842 +28.8% | $77,229 +1.4% |
| 2020 | $654 +2.6% | $76,163 +2.3% |
| 2019 | $637 | $74,451 +1.9% |
| 2018 | $637 +2% | $73,063 +2.1% |
| 2017 | $625 -1.6% | $71,560 +2.1% |
| 2016 | $635 | $70,088 +0.7% |
| 2015 | $635 +9.3% | $69,601 +0.8% |
| 2014 | $581 +0.6% | $69,049 +1.5% |
| 2013 | $578 -11% | $68,029 -9.7% |
| 2012 | $649 -54.8% | $75,352 -6.2% |
| 2011 | $1,435 +131.3% | $80,324 +6.6% |
| 2010 | $620 +5.9% | $75,371 +2.7% |
| 2009 | $586 +1.8% | $73,389 +0.1% |
| 2008 | $575 -21.5% | $73,316 +3% |
| 2007 | $733 -10.2% | $71,182 +2.5% |
| 2006 | $816 +2.3% | $69,445 +3% |
| 2005 | $798 | $67,423 +3% |
| 2004 | $798 -1.3% | $65,460 +4.3% |
| 2002 | $809 +6% | $62,735 +4.6% |
| 2001 | $763 | $59,950 |
| 2000 | $763 | $59,950 |
Find assessor info on the county website
Neighborhood: 34471
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Ward-Highlands Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Fort King Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Forest High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Ward-Highlands Elem. School
- Middle: Fort King Middle School
- High: Forest High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$338,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$338,800
- Florida
- Marion County
- Ocala
- 34471
- 723 SE 40TH TERRACE
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