$470,000

3940 SE 5th Ave Ocala, FL 34480

$5,581
Closing credit¹
4 beds
3 full
2,086 sqft
0.2 acres
$225 / sqft
House

Property details

About 3940 SE 5th Ave

Nestled in the back of one of Ocala’s most desirable gated communities, this meticulously maintained 4 bedroom 3 bathroom home in Bellechase offers the perfect blend of elegance, convenience & privacy. Centrally located just minutes from downtown Ocala w/ 2 hospitals, premier dining, shopping & top-rated schools, the neighborhood is a private oasis of trails, scenic greenspaces, lakes & majestic trees overhanging the scenic drive. The premium lot is beautifully landscaped and features a covered rear porch to enjoy the serene atmosphere for morning coffee or evening sunsets. Inside you’ll find tall ceilings & warm natural colors which allow lots of light into the thoughtfully designed open floorplan. The split floorplan is perfect for entertaining, featuring a stylish kitchen in the center of the home w/ gas cooktop, bright countertops & a butler’s pantry, as well as a wet bar conveniently located right off the living room. The primary suite is a sanctuary w/ all that you’d expect from tray ceilings, a large walk-in closet & a spa-like bathroom w/ walk-in shower & dual vanities. This home features everything one would need & has been lightly lived in, a short drive to the World Equestrian Center, the Gulf or the Atlantic for pleasant day trips to enjoy all that central Florida has to offer. Don’t miss your chance, call today for a private viewing!

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size2,086 sqft
Lot size0.22 Acres
Year built2022
MLS #GC531498
Attached garage2 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Bar Fridge, Oven, Cooktop, Dishwasher, Dryer, Gas Water Heater, Range Hood, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Built-in Features, Dry Bar, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Exterior: Rain Gutters, Sliding Doors
  • Architectural Style: Craftsman
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • List Price: $470,000
  • Price/SqFt: $225
  • HOA Amount: $2000 Annually
  • Annual Tax Amount: $5,866
  • Tax Year: 2023
  • Lot: Cleared, Landscaped, Sidewalk, Paved, Private
  • Directions: From SW 42nd Street/SW 31st Street, head South on Magnolia to entrance of Bellechase. Bellechase to SE 44th Road to 6th Terrace to the villages neighborhood. Take 2nd right onto 5th Avenue, home is 2nd on your left.
  • Year Built: 2022
  • Stories: 1
  • Living Area: 2,086 SqFt
  • Lot Size: 0.22 Acres
  • MLS Number: GC531498
  • MLS Name: MFRMLS
  • Office Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
  • Office Phone: (352) 240-0600
  • Listing Agent: Jahnava Khurana

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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3940 SE 5th Ave, Ocala, FL 34480 - ranch-style house with decorative driveway, stone siding, a garage, and a front yard

$470,000

3940 SE 5th Ave

$5,581

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 07, 2023
Home Sold
$457,000
Sep 02, 2022
Home Sold
$441,500
May 06, 2021
Home Sold
$8,063,800
Apr 09, 2018
Home Sold
$1,000,000
Aug 15, 2011
Home Sold
$200,000
Aug 18, 2006
Home Sold
$2,880,000

Tax history

YearAssessmentProperty Tax
2023$354,744$5,866
2022$50,000$908
2021$55,000$908

History based on county public records data.

Nearby schools

3

South Ocala Elementary School

Public District PK-5

1.1 mi

1430 SE 24th Rd

3

Shady Hill Elementary School

Public District PK-5

1.4 mi

5959 S Magnolia Ave

8

Eighth Street Elementary School

Public District PK-5

2.3 mi

513 SE 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,824. Residents of Ocala, FL typically earn less than $<35k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
29%
35k-100k
19%
100k-200k
18%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
48%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • SoccerSoccer
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ArbysArbys
  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • BuickBuick

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Ocala, FL

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

About 3940 SE 5th Ave

The listing price of 3940 SE 5th Ave property is $470,000.

The property 3940 SE 5th Ave is a house located in Ocala, Florida, 34480.

Active Listing: 3940 SE 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3940 SE 5th Ave are: South Ocala Elementary School (GreatSchools Rating 3/10), Shady Hill Elementary School (GreatSchools Rating 3/10), Eighth Street Elementary School (GreatSchools Rating 8/10), Osceola Middle School (GreatSchools Rating 5/10), Ocali Charter Middle School (GreatSchools Rating 4/10), Fort King Middle School (GreatSchools Rating 3/10), Marion Technical Institute (GreatSchools Rating 1/10), Silver River Mentoring and Instruction (GreatSchools Rating 1/10), Forest High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $5,866 (source: MLS/based on county public records data).

The last sale was on December 7, 2023 for $457,000 (source: MLS/tax record).

The property at 3940 SE 5th Ave has 4 bedrooms and 3 bathrooms.

The property 3940 SE 5th Ave is 2,086 SqFt (source: MLS/tax record).

The year of construction for 3940 SE 5th Ave is 2022.

This home is located at 3940 SE 5th Ave in Ocala, FL and zip code 34480. This 2,086 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $470,000.

Over 78 listings were sold over their listed price in May 2025 in Ocala, FL. In the same period over 283 listings were sold below the listed price and 145 listings were sold for the listed price. The number of listings in Ocala, FL increased by 0.8% between April and May 2025. In May 2025, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $284,986.

From Rocket Homes Real Estate and based on county public records data.

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