Movoto Real Estate
Sold on 09/08/2021
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3721 NE 40th Pl, Ocala, FL 34479

$461,000

Last sold 09/08/2021 for $370K

  • —

    bed

  • —

    bath

  • 3,080

    Sqft ($120/Sqft)

Multi-family not for sale

About 3721 NE 40th Pl

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Lot size 0.55 Acre
Movoto estimate
Rental estimate
Property description
Fully occupied Income producing Quadplex located in the rapid growing city of Ocala! Ocala has recently been named one of the countries fastest growing cities which in turn is seeing rapid rental increases. This solid investment opportunity features the areas most desirable unit mix of four two bedroom units. Each unit features ceramic tile throughout and open floor plans. Majority of the property is fenced in and has a tranquil feeling. Metal roof and individual water meters have been installed. This is the perfect property to add to your portfolio or begin your multifamily portfolio.... act fast!
Listed by
Listing Agent - Cody Becker
Listing Office - GOLD MINE REAL ESTATE LLC
Source: Stellar MLS mls logo
MLS#A4506463 • last updated 5 years ago
Movoto checked Stellar MLS for data 20 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Type Residential Income
SubType Quadruplex
Status Sold
MLS # A4506463
SqFt 3080
Lot Size (Acres) 0.55
Lot Size (SqFt) 23958
Property Tax 3305.84
Year Built 1983
Condition Completed
Interior
Interior Features Ceiling Fans(s), High Ceilings, Thermostat
Exterior
Exterior Fence, Sidewalk
Roof Metal
Foundation Slab
Amenities / Utilities
Utilities Desc BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected
Sewer Public Sewer
Location
County Marion
Subdivision GEORGE S MAYO SUB/SILVER SPGS
APN 15856-438-28
Zoning R3
Directions Silver Springs BLVD East-- Turn Left Onto 36th---- Turn Right Onto NE 40th Place--- The Building Will Be On The Left.
Multifamily Details
Unit Type 4: Pro Forma 900
Unit Type 2: Pro Forma 900
Unit Type 3: Pro Forma 900
Unit Type 1: Pro Forma 900
Total # of Units 4
Lot/ Land Details
Road Surface Type Asphalt
$461K
Range: $391K-$530K
Last 30 days 
Rental est.: $1,523/month
Gross rent multiplier: 20.2
  • Sep 2021
    Public Records
  • Sep 8, 2021 Sold
    $370,000
  • Sep 2021
    mls logo MLS # A4506463
  • Sep 7, 2021 Sold
    $370,000
  • Jul 16, 2021 Pending
    —
  • Jul 9, 2021 Listed
    $369,987 (+45.1%)
  • Sep 2020
    Public Records
  • Sep 9, 2020 Sold
    $255,000 (+325.0%)
  • Oct 2013
    Public Records
  • Oct 25, 2013 Sold
    $60,000
  • Jun 2011
    Public Records
  • Jun 23, 2011 Sold
    $60,000 (-38.8%)
  • Jun 2004
    Public Records
  • Jun 15, 2004 Sold
    $98,000
  • Year Property taxes Tax assessment
  • 2025
    $6,802 +17.3%
    $312,120 +9.01%
  • 2024
    $5,799 +5.9%
    $286,334 +10.0%
  • 2023
    $5,475 +11.6%
    $260,304 +10.0%
  • 2022
    $4,907 +26.9%
    $236,640 +43.21%
  • 2021
    $3,868 +17.0%
    $165,240 +13.29%
  • 2020
    $3,306 +10.0%
    $145,860 +27.11%
  • 2019
    $3,006 +10.2%
    $114,750 +17.55%
  • 2018
    $2,727
    $97,614 -3.33%
  • 2017
    $2,727 +14.8%
    $100,980 +15.08%
  • 2016
    $2,376
    $87,751 +10.0%
  • 2015
    $2,376
    $79,774
  • 3721 NE 40th Pl
    $370K
  • George S Mayo Sub/silver Spgs
    —
  • 34479
    $269K +7% y/y
  • Ocala
    $306K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Ocala Springs Elementary School
public Grades PK, K-5
Marion
3/10
Fort King Middle School
public Grades 6-8
Marion
3/10
Vanguard High School
public Grades 9-12
Marion
Source: GreatSchools.org © 2026. All rights reserved.

Around George S Mayo Sub/silver Spgs

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