SEC 31 TWP 15 RGE 22 PLAT BOOK UNR PAGE 079 SHERWOOD HILLS LOT 16 BLK B BEING MORE PARTICULARLY DESC AS: COM AT NW COR OF LOT 18 MCINTOSH SUB E-4 TH S 0-16-38 E 58.55 FT TH N 88-30-31 E 378.42 FT TH S 0-16-38 E 3198.26 FT TH S 89-41-25 W 410 FT FOR P
Legal Range
22E
Legal Township
15S
Legal Section
31
Legal Subdivision
MCINTOSH SUB
Legal Block
B
Legal Lot Number
16
Jurisdiction
MARION FL
Township / Civil Division
OCALA
Census Block Group
1
Census Block
1011
Census Tract
2401
Owner
4240 SW 5th Ave is owned and occupied by two individuals who bought it in March 2024.
Source: Marion County records, as of March 6, 2026
Owner of Record
2 Individual Names on File
Mailing Address
4240 SW 5TH AVE, OCALA, FL 34471-8420
Occupancy
Owner Occupied
Owner Type
Individual
Vesting
Joint Tenants
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
The 2025 property tax bill for 4240 SW 5th Ave was $4,918 with a homeowner's exemption.
Source: Marion County assessment roll, as of December 29, 2025
Property Jurisdictions
Type
Name
State
Florida
County
Marion County
Unified School District
Marion County School District (PK - 12)
Tax Bill & Assessment History
Year
Tax Bill
Assessed Value
Assessed Market Value
2025
$4,918.00Homeowner's exemption
$326,633Land $54,810Building $271,823
$326,633Land $54,810Building $271,823
2023
$2,699.00 (+2.86%)Homeowner's exemption
$191,630 (+3%)Land $46,436Building $145,194
$309,154 (+35.5%)Land $46,436Building $262,718
2022
$2,624.00Homeowner's exemption
$186,049
$228,156Land $45,675Building $182,481
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Flood
FEMA maps place 4240 SW 5th Ave in Zone X, an area of minimal flood risk, though there have been 7 flood claims nearby since 2004.
Source: FEMA National Flood Hazard Layer, effective September 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
FEMA Flood Zone
Zone X minimal risk
Flood Insurance Requirement
Not required lenders may require it
Flood Insurance Cost
Premium on File median of 18 policies
Community Rating System
Class 7 (15% premium discount)
Nearby Flood Policies
18 in force
Nearby Flood Claims
7 (2004–2023)
Claims Outside the SFHA
7 of 7
Most Recent Claim
Jun 2023 · rainfall accumulation
Claims by Event
Hurricane Irma, Sep 2017 · 2 claims
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire
Wildfire risk around 4240 SW 5th Ave is moderate, ranking above 54% of the US, with a 0.1% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
Wildfire Risk
Moderate above 54% of the US · lower than 74% of Florida
Wildfire Likelihood
0.1% annual chance
Exposure
Direct burnable vegetation
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Drinking Water
Source: EPA Safe Drinking Water Information System, as of September 2026
Water System
OCALA, CITY OF (2 WTPS) serves 66,449 people · EPA ID FL3420922
Water Source
Groundwater
Last State Inspection
Oct 2023
Lead
Under 1 ppb (2023) action level 15 ppb
Violations Reported to EPA
Water Quality
None last 10 years
Treatment and Procedure
None last 10 years
Monitoring and Reporting
1 last 3 years
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Internet Providers
Source: FCC Broadband Data Collection, based on 119 locations within half a mile, as of December 31, 2025
Provider
Max Down / Up (Mbps)
Cox Communications Cable
2,000 / 100
T-Mobile Fixed Wireless
100 / 20
May also be available: Ocala Fiber Network, Spectrum.