723 SE 40th Ter, Ocala, FL 34471
SOLD
MAY 27, 2026

723 SE 40th Ter
Ocala, FL 34471

  • 3 Beds
  • 2 Baths
  • 1,540 sqft (on 0.35 acres)

$340,000

Last Sold: May 27, 2026
5% below list $359K
$221/sqft
Est. Refi. Payment $2,232/mo*
Refinance Your Home

$340,000

Last Sold: May 27, 2026
5% below list $359K
$221/sqft
Est. Refi. Payment $2,232/mo*
Refinance Your Home
3 Beds
2 Baths
1,540 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 723 SE 40th Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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!
723 SE 40th Ter, Ocala, FL 34471 is a 3 bedroom, 2 bathroom, 1,540 sqft single-family home built in 1972. It last sold for $340,000 on May 27, 2026 (5% below the $359,000 asking price). It is currently off market. The Trulia Estimate is $339,900, with a rent estimate of $1,808/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$221/sqft
Listed
132 days ago

Home Details for 723 SE 40th Ter

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1540 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Phone AvailableAppliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, RefrigeratorDishwasherDisposalDryerLaundry: InsideMicrowaveRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleExterior: OtherFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 52

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Block, BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 2774004005

Price & Status

Price
List Price: $359,000Price Per Sqft: $221/sqft
Status Change & Dates
Off Market Date: Sun Apr 26 2026

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: OCALACommunity: EASTWOOD PARK UN 01
School Information
Elementary School: Ward-Highlands Elem. SchoolJr High / Middle School: Fort King Middle SchoolHigh School: Forest High School

Building

Building Area
Building Area: 2458 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Ocala - MarionNo HOA

Lot Information

Lot Area: 0.35 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: OM720131Showing Requirements: Appointment OnlyUniversal Property Id: US-12083-N-2774004005-R-N
Last check for updates: about 8 hours ago
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, (352) 342-9730
Bought with: Darla Priest, (352) 816-0887, COLDWELL BANKER ELLISON REALTY O, (352) 732-8350
Originating MLS: Ocala - Marion
Source: Stellar MLS, MLS#OM720131
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 723 SE 40th Ter

DatePriceEventSource
05/27/2026$340,000Sold
Stellar MLS #OM720131
04/27/2026$359,000PendingStellar MLS #OM720131
04/18/2026$359,000PriceChange
Stellar MLS #OM720131
03/19/2026$369,000PriceChange
Stellar MLS #OM720131
03/05/2026$379,000Listed For SaleStellar MLS #OM720131
02/09/2024$320,000Sold
Stellar MLS #OM669948
01/07/2024$325,000PendingStellar MLS #OM669948
12/31/2023$325,000Listed For SaleStellar MLS #OM669948
08/29/2023$129,000Sold
N/A

Market trends in Ocala

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$254K
$8.92KMoM
Sale-to-List Price
97.3%
0.2%MoM
Price per sq ft
$160
$3MoM
Available listings
2513
44MoM
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Property Tax and Assessment

Year2024
Tax$3,848
Assessment$203,044
Home facts updated by county records

Comparable Sales for 723 SE 40th Ter

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
630 SE 40th Ter, Ocala, FL
0.05
Single-Family Home
$309,000
08/06/25
4
2
1,720
4110 SE 8th St, Ocala, FL
0.10
Single-Family Home
$285,000
05/20/26
3
2
1,721
320 SE 41st Ave, Ocala, FL
0.24
Single-Family Home
$329,500
03/30/26
3
2
1,676
410 SE 41st Ave, Ocala, FL
0.22
Single-Family Home
$310,000
04/15/26
3
2
1,750
4006 SE 6th St, Ocala, FL
0.10
Single-Family Home
$330,000
08/29/25
3
2
2,046
4235 SE 12th Pl, Ocala, FL
0.27
Single-Family Home
$386,000
06/02/26
3
2
1,837
4218 SE 2nd Ln, Ocala, FL
0.36
Single-Family Home
$348,450
04/13/26
3
2
1,720
4315 SE 10th Pl, Ocala, FL
0.23
Single-Family Home
$264,999
06/03/26
3
2
2,494
3905 SE 7th St, Ocala, FL
0.20
Single-Family Home
$299,000
04/29/26
3
2
2,167

Nearby homes

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Assigned Schools

These are the assigned schools for 723 SE 40th Ter.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ocala

At least 1455 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 82 % Say parking is easy

  • 82 % Say yards are well-kept

  • 78 % Say it's dog friendly

  • 73 % Say there's holiday spirit

  • 69 % Say it's quiet

  • 56 % Say kids play outside

  • 51 % Say people would walk alone at night

  • 50 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 39 % Say streets are well-lit

  • 36 % Say there are sidewalks

  • 36 % Say it's walkable to grocery stores

  • 28 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Shirley Lewis
    "It's like a big cul-de-sac all roads connected in a circle only one way in and out. Large mature trees very safe and quiet neighborhood. "
    0
    Flag
  • Deloris B.
    ""My neighborhood has great access to public transportation, has many public parks, national parks and hidden treasures that provide lively activities in Ocala. From its lakes, secret beaches, springs, nature spots, museums, and downtown district. Also a safe area."
    1
    Flag
  • Deloris B.
    "I've lived in this neighborhood going on 3 years. My neighborhood has great access to public transportation, has many public parks, national parks and hidden treasures that provide lively activities in Ocala. From its lakes, secret beaches, springs, nature spots, museums, and downtown district. But mostly I feel safe, the neighbors look out fot each other and cameras everywhere ( lol)."
    0
    Flag
  • Deloris B.
    "My neighborhood has great access to public transportation, has many public parks, national parks and hidden treasures that provide lively activities in Ocala. From its lakes, secret beaches, springs, nature spots, museums, and downtown district." I've lived here for the past 3 years it's been great."
    0
    Flag
  • Nurseleemy
    "Children park and water pad close by. Plenty of hiking trails. Club house offers a variety of activities."
    0
    Flag
  • Darthwolf65
    "People need to be cautious and watching their pets more. To many cats and dogs getting out of the yards roaming around. This contributes to animal attacking people the pet does not know."
    1
    Flag
  • Tgray74
    "Horses and lots of animal lovers , very beautiful trails parks recreation for kids schools are awesome"
    1
    Flag
  • Latorya Katiba
    "Liberty park always has events for children. This is a great part of Ocala to reside. It is very peaceful."
    0
    Flag
  • Flcracker0216
    "Need to choose your schools. Looking around will definitely help your kids out in the classroom …….."
    0
    Flag
  • Meiryn Gracia
    "Amazing and calm place to live. Around nature and peaceful. Nice people and friendly. Good neighbors "
    1
    Flag
  • Trulia User
    "People walk dogs all the time and if any go missing it seems like the community works together in saving stray animals and finding the owners . I feel like animals a pretty welcome here .. everyone has animals here. "
    1
    Flag
  • Mary Mcginnis
    "Traffic is bad. Poor infrastructure and rampant development. Great horse country. Never see kids playing outdoors."
    0
    Flag
  • Trulia User
    "Getting around anywhere from here is great, im close by alot of stores only takes me 6-12 minutes publix, walmart, target, dollar store ! And my sons bus stop is practically in front of our house ! I love the convenience "
    0
    Flag
  • Felipe Gomez
    "The peaceful living you’ve been looking for laid back and relax…………………….. great place to raise a family "
    0
    Flag
  • Jessie Khalawan
    "Some people let their dogs run wild in the front of their homes but thankfully they tend to stay there. "
    1
    Flag
  • Tammie Young
    "They would like it but they all keep their dogs on a leash or in a dog house or in the backyard or in the yard or in the house or in the back of the yard "
    1
    Flag
  • Julie Ellis
    "Too much traffic too many other dogs being walked so you keep having to reroute yourself all the time because other dogs are coming at you and there’s just other cars coming down the road and it’s just a lot sometimes for dogs"
    1
    Flag
  • Maria Gonzalez
    "The neighborhood is pretty quiet. It does get really dark. Not enough street lights. With all the land being destroyed around us there are more and more sightings of bears etc. Always keep your pets on a leash and carry a blow horn, pepper spray and maybe even a taser. You never know is when you might have to try to rescue your fur baby. Better safe than sorry. "
    1
    Flag
  • Kjames81
    "I’ve lived in this neighborhood for about 15 years. I have only had my packages stolen once. It’s pretty clean and the neighbors are friendly."
    0
    Flag
  • Jethele
    "The area is beautiful with all the horse farms and all the agriculture in the surrounding areas. It is close to everything; beaches and theme parks."
    0
    Flag
  • Theegreenhuman
    "Down to Ocala in the parks and libraries put on many events for families and their children to attend all the time there’s always something happening and almost every store. You can see many of the vents advertise somewhere."
    0
    Flag
  • Oasis T.
    "Quiet neighborhood in the fastest growing area in the country. Peaceful street absent of traffic, crime, and rental properties. The residents of this neighborhood take pride, maintain, and upgrade their homes accordingly. Unlike the Shores or Marion Oaks where you will find an abundance of homes for sale, the turnover rate in this neighborhood is rare and the residents have all lived here for years."
    0
    Flag
  • Emmanuel Roman
    "My neighborhood has great access to public transportation, has many public parks, national parks and hidden treasures that provide lively activities in Ocala. From its lakes, secret beaches, springs, nature spots, museums, and downtown district."
    18
    Flag
  • Trulia User
    "Great place to live and this has to be the nicest weather in the entire country. It’s an affordable place to live in Florida "
    5
    Flag
  • Nick
    "Too many people have moved here and the traffic is awful!! DOT has not updated any roads or lights and a once 15 minute commute is now 45. "
    14
    Flag
  • Diane Perez
    "There are Not many sidewalks to walk on. There are a lot of grassy areas which is good, lots of dog friendly places too. "
    7
    Flag
  • Trulia User
    "What a great neighborhood to raise kids in plus the houses are affordable their sidewalks everywhere"
    2
    Flag
  • Amelia Secki
    "I’ve lived here my entire life. I was born in 2000 and am turning 24 in October. Ocala has some things for little children, but it mainly caters to the adult and wealthy populations (ie, downtown & WEC). There is little to nothing to do as a teenager/young adult, or a poor person, for free or low cost. Ocala’s refusal to cater to the young adult and poor population has been a very direct contributor to the rise of drug use and violent crime. "
    11
    Flag
  • Bolofamily
    "We have a community recreation center that has a gym, billiards, pickleball, basketball and tennis courts along with outdoor trail."
    2
    Flag
  • Modsires
    "Very neighborly area with great parks and convenient shopping. Safe area low crime. Very quiet and peaceful. Area is well liked by residents. Lots of pride of ownership. "
    2
    Flag
  • Trulia User
    "Lots for fur parents around here and lots of areas to walk them. There is also the 49th Trailhead hiking trails, there are paved walking trails. I ride my E-Trike from my house to the trailhead. "
    3
    Flag
  • Trulia User
    "There are friendly neighbors in our neighborhood and the parks are nice. The restaurants are 15-25 minutes away."
    0
    Flag
  • Trulia User
    "The weather here is amazing! The Neighborhood is a diverse area with many friendly people. Lots of people walk on the long sidewalk that rust along Marion Oaks Trail. There is also endless paved/dirt trails to ride on the Green Way. I ride my E-trike to the trailhead on 49th ave, it’s 10 minutes from my house, there is another trailhead near by as well. There’s a 2 story Publix, 711, hair place, nail place and a Walmart within 5 miles from here. Plus the Beach is 45 minutes away. The Rainbow River is 20 minutes away And they are all super easy to find. "
    1
    Flag
  • Shannonlamarche
    "There is public transportation if you are in to that sort of thing. There are many sidewalks and the neighborhood is also golf cart friendly."
    1
    Flag
  • Kim Martin
    "I love my neighborhood I have lived here six years and everyone is friendly and looks out for each other."
    1
    Flag
  • Janmorin
    "It’s a planned unit development that is well managed and great for 55+ residents. Many activities are available for folks to take part in. It’s one of the largest such communities in central Florida. "
    0
    Flag
  • Angelfury3
    "you need a car to get around there’s not shops close by. Bus route is close within walking distance "
    0
    Flag
  • Denise N.
    "peaceful and easy. nothing is far. and we have the new world equestrian center opening soon. it will be a amazing place to live. "
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for 12yrs and I love it The people here are very friendly and looks out for one another "
    0
    Flag
  • Sonyayyoung
    "Live close to the drive in theater, walking track within a mile. And close to Publix and shops. Love the convenience. "
    0
    Flag

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Homes for sale near 723 SE 40th Ter

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Off Market Homes Near 723 SE 40th Ter

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