New - 5 days on RocketVideo tour
$7,124 Closing Credit¹
#OM693873, Shelby Correia, Listing Office: ON TOP OF THE WORLD REAL EST
$6,876
closing credit¹
5020 SE 40th St Ocala, FL 34480
$579,000 List price
$6,876
Closing credit¹
4 beds
3 full
2,629 sqft
0.7 acres
$220 / sqft
House
Property details
About 5020 SE 40th St
GATED COMMUNITY New Roof, New Insulation! Gorgeous 4 bedroom, 3 full bathroom POOL home in desirable, gated SE subdivision of Summerton South. The kitchen features a large breakfast bar, dining area, tons of cabinet space, granite counters and stainless steel appliances, including a built-in convection oven and microwave and gas range. The spacious living room has a gas fireplace and triple glass sliders leading to the pool/patio. The primary bedroom suite has tray ceilings, new carpeting, two walk-in closets, private toilet with pocket door, jacuzzi jetted tub, walk-in shower, his & hers sinks and French doors leading to the pool/patio. Separate, formal dining room and office or den with French doors that could serve as a fifth bedroom. Solid wood cabinets and granite counter tops throughout. Open, split floor plan with crown molding, 12-foot ceilings, and 8-foot doorways. Carpet in the four bedrooms and ceramic tile flooring throughout the rest of the home. The .68 acre property is fully fenced and double gated, with plenty of outside storage and room for your boat or RV. Large, sport style, screened pool (plumbed for solar heater). The huge patio is great for entertaining and includes storage cabinets, a storage closet, an outdoor shower, and access from the third bathroom. Great location on a cul-de-sac. HOA fee is only $600/year. Other features include a security system, 3-zone AC system, wiring for a sound system, built-in shelving and drawers in all bedroom closets, tankless gas hot water heater, separate irrigation well with newer pump and much more. $9500 credit for new HVAC at closing. $2000 carpet allowance credit at closing
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,629 sqft
Lot size0.68 Acres
Year built2005
MLS #OM684818
Attached garage2 spaces
Private poolYes
Virtual tour
Summary
- MLS Number: OM684818
- MLS Name: MFRMLS
- Office Name: FONTANA REALTY
- Office Phone: (352) 817-3574
- Listing Agent: April Fontana
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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: 2/1/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$579,000
5020 SE 40th St
$6,876
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 15, 2021 | Home Sold | $525,500 |
| Jan 07, 2013 | Home Sold | $280,000 |
| Jun 10, 2004 | Home Sold | $52,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $351,928 | $5,214 |
| 2022 | $341,678 | $5,075 |
| 2021 | $263,519 | $5,075 |
| 2020 | $259,881 | $3,965 |
| 2018 | $249,301 | $3,672 |
| 2017 | $244,173 | $3,555 |
History based on county public records data.
Nearby schools
5
Maplewood Elementary School
Public District PK-5
1.3 mi
•4751 SE 24th St
7
Ward-Highlands Elementary School
Public District PK-5
2.7 mi
•537 SE 36th Ave
5
Marion Charter School
Public Charter KG-5
3.2 mi
•39 Cedar Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,435. Residents of Ocala, FL typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
32%
35k-100k
15%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Soccer
Horse Races
College Basketball
Where do the neighbors shop?
Burlington
Stein Mart
Forever 21
Where do the neighbors go to eat?
Wingstop
LongHorn Steakhouse
Dominos Pizza
What do the neighbors drive?
Nissan
Buick
Mazda
What do the neighbors listen to?
Christian Adult Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5020 SE 40th St
This home is located at 5020 SE 40th St in Ocala, FL and zip code 34480 in the Summerton South neighborhood. This 2,629 square foot home, which was built in 2005, sits on a 0.68 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $579,000.
In January 2025, from all listings sold in Ocala, FL there were more than 37 sold above asking price, over 211 sold below and more than 93 were sold right at the asked price. The number of listings in Ocala, FL increased by 9.6% between December and January 2025. The median list price of listings available in January 2025 was $284,589, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.