5060 SE 40th St, Ocala, FL 34480 Property Records

Marion County property record for 5060 SE 40th St, Ocala, FL 34480

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 2,631 sqft · built 2005
Lot Size	0.56 acres (24,394 sqft)
Owner	Company Name on File
Last Sale	$450,000 (Mar 2024)
Tax Bill	$7,455 (2025)
Deeds & Mortgages	Mar 2024 Sale & Line of Credit Jun 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`3139-001-020`

Property Details

APN / Parcel Number

Primary APN	`3139-001-020`
Alternative APNs	`3165357000` `3165357`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Stories	1 Story
Building Area	2,631 sqft Living Area
Gross Area	4,643 sqft
1st Floor Area	2,631 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2005
Effective Year Built	Effective 2005
Architectural Style	Modern
Exterior Material	Concrete Block
Foundation Type	Pier/Post & Beam
Roof Type	Hip
Roof Material	Fiberglass
Lot Area	24,394 sqft (0.56 acres)
Lot Dimensions	167 ft deep x 147 ft wide
Garage Type	Attached
Garage Area	528 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Pool Type	Enclosed Pool
Pool Area	951 sqft
Porch	Screened Porch
Porch Area	429 sqft
Patio Area	104 sqft
Outdoor Kitchen / BBQ	Outdoor Kitchen / BBQ

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Heat Pump
Heating Fuel	Electric
Sewer	Septic

Location & Zoning

Street Address	5060 SE 40TH ST
City	OCALA
State	FL
Zip	34480-0645
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	SEC 36 TWP 15 RGE 22 PLAT BOOK 006 PAGE 048 SUMMERTON SOUTH BLK A LOT 20
Legal Range	22E
Legal Township	15S
Legal Section	36
Legal Subdivision	SUMMERTON SOUTH
Legal Block	A
Legal Lot Number	20
Jurisdiction	MARION FL
Township / Civil Division	OCALA
Census Block Group	4
Census Block	4020
Census Tract	2203

Owner

5060 SE 40th St is owned by a company that bought it in March 2024.

Source: Marion County records, as of July 30, 2026

Owner of Record	Company Name on File
Mailing Address	2334 LANDING WAY, PALM HARBOR, FL 34684-1720
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 21, 2024	Warranty Deed, Transfer · Line of Credit DUSHYANT GULATI
Jun 27, 2017	Grant Deed, Transfer REO TITLE COMPANY/FL LLC, REO TITLE CO/FL LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 21, 2024 · Amount on File
Deed Sale	Mar 21, 2024 · Amount on File
Prior Sale	Jun 27, 2017 · Amount on File
Deed Document Number	202435314
Deed Book / Page	8278 / 1022
Prior Transfer Date	May 19, 2010
Prior Transfer Doc	0053620659
Record Updated	Oct 29, 2026

March 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION FL
Recording Date	Mar 21, 2024
Property Address	5060 SE 40TH ST, OCALA, FL 34480-0645
Document Number	0082781022
Book / Page	8278 / 1022
Map Reference	MB 6 PG 48
Instrument Date	Mar 20, 2024
Instrument	2024035314
Transaction Type	Transfer
Record Updated	May 6, 2024
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

Amount	Amount on Record
Tax	$3,150.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4271 CHANTEL CT, THE VILLAGES, FL 32163-0835

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2334 LANDING WAY, PALM HARBOR, FL 34684-1720

Mortgage

Document Number	2024035315
Date	Mar 21, 2024
Instrument	2024035315

Lender

Name	DUSHYANT GULATI
Type	Private Party

Agreement

Type	Line of Credit
Amount	Amount on Record

Mortgage

Document Number	0082781024
Date	Mar 21, 2024
Book Page	8278/1024
Instrument	2024035315

Lender

Name	DUSHYANT GULATI
Type	Private Party
Address	2207 BELCHERY COURT DR, CLEARWATER, FL 33764

Agreement

Type	Line of Credit
Amount	Amount on Record

June 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARION FL
Recording Date	Jun 27, 2017
Property Address	5060 SE 40TH ST, OCALA, FL 34480-0645
Document Number	0066001907
Book / Page	006600 / 001907
Instrument Date	Jun 22, 2017
Instrument	58391
Transaction Type	Transfer
Record Updated	Jul 6, 2017
Title Company	REO TITLE COMPANY/FL LLC, REO TITLE CO/FL LLC

Transaction

Amount	Amount on Record
Tax	$1,749.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5060 SE 40TH ST OCALA FL 344800645, OCALA, FL 34480-0645

Tax Assessment & Valuation

The 2025 property tax bill for 5060 SE 40th St was $7,455, up 69% from the year before.

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	$7,455.00 (+69.01%)	$452,214 (+49.27%) Land $40,000 Building $412,214	$452,214 (-3.66%) Land $40,000 Building $412,214
2024	$4,411.00 (+2.46%) Homeowner's exemption	$302,956 (+3%) Land $40,000 Building $262,956	$469,410 (+3.27%) Land $40,000 Building $429,410
2023	$4,305.00 (+2.82%) Homeowner's exemption	$294,132 (+3%) Land $40,000 Building $254,132	$454,558 (+11.87%) Land $40,000 Building $414,558
2022	$4,187.00 Homeowner's exemption	$285,565	$406,333 Land $35,000 Building $371,333

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5060 SE 40th St in Zone X, an area of minimal flood risk.

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
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	8 in force

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 5060 SE 40th St is low, with a 0.04% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 67% of the US · lower than 92% of Florida
Wildfire Likelihood	0.04% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 88 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35

May also be available: CenturyLink, Cox Communications, Metronet, Wire 3.

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