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540 SE 40th Ter, Ocala, FL 34471 Property Records

Marion County property record for 540 SE 40th Ter, Ocala, FL 34471

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 2,304 sqft · built 1966
Lot Size0.55 acres (23,958 sqft)
Owner2 Individual Names on File
Tax Bill$1,760 (2025)
Deeds & MortgagesSep 2024 Transfer
Flood ZoneZone X (minimal risk)
APN2774-002-005

Property Details

APN / Parcel Number

Primary APN2774-002-005
Alternative APNs
  • 0655350000
  • 655350

Interior

Bedrooms3 Beds
Full Baths2 Baths
Stories1 Story
Building Area2,304 sqft Living Area
Gross Area3,514 sqft
1st Floor Area2,304 sqft
FlooringWood
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1966
Effective Year BuiltEffective 1966
Architectural StyleModern
Exterior MaterialConcrete Block
Roof TypeGable
Roof MaterialFiberglass
Lot Area23,958 sqft (0.55 acres)
Lot Dimensions140 ft deep x 170 ft wide
Garage TypeCarport
Garage Area440 sqft
CarportCarport
Carport Area440 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

Pool Area502 sqft
PorchOpen Porch
Porch Area316 sqft
Patio Area182 sqft
Outdoor Kitchen / BBQOutdoor Kitchen / BBQ
Storage Building80 sqft
Utility Building192 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHeat Pump
Heating FuelElectric

Location & Zoning

Street Address540 SE 40TH TER
CityOCALA
StateFL
Zip34471-3138
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1
Legal DescriptionSEC 14 TWP 15 RGE 22 PLAT BOOK F PAGE 041 EASTWOOD PARK UNIT 1 BLK B LOTS 5 & S 1/2 OF LOT 6
Legal Range22E
Legal Township15S
Legal Section14
Legal SubdivisionEASTWOOD PARK
Legal BlockB
Legal Lot Number5
JurisdictionMARION FL
Township / Civil DivisionOCALA
Census Block Group2
Census Block2011
Census Tract2202

Owner

540 SE 40th Ter is owned and occupied by two individuals who acquired it in September 2024.

Source: Marion County records, as of March 6, 2026

Owner of Record2 Individual Names on File
Mailing Address540 SE 40TH TER, OCALA, FL 34471-3138
OccupancyOwner Occupied
Owner TypeIndividual
VestingLife Estate

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

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateSep 5, 2024
Transfer Doc0084191469
Record UpdatedJun 8, 2026

September 2024: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionMARION FL
Recording DateSep 10, 2024
Property Address540 SE 40TH TER, OCALA, FL 34471-3138
Document Number0084191469
Book / Page8419 / 1469
Map ReferenceMB F PG 41
Instrument DateSep 8, 2024
Instrument2024120241
Transaction TypeTransfer
Record UpdatedDec 25, 2025
Title CompanyACCOMODATION, ACCOMMODATION

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address540 SE 40TH TER, OCALA, FL 34471-3138

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address2063 SE 37TH COURT CIR, OCALA, FL 34471-5695

Tax Assessment & Valuation

The 2025 property tax bill for 540 SE 40th Ter was $1,760.

Source: Marion County assessment roll, as of December 29, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMarion County
MunicipalityOcala City
Unified School DistrictMarion County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,760.00$122,732$317,852 Land $74,970 Building $242,882
2023$1,678.00 (+14.7%) Homeowner's exemption$115,799 (+3%) Land $74,970 Building $40,829$288,388 (+8.39%) Land $74,970 Building $213,418
2022$1,463.00 Homeowner's exemption$112,426$266,075 Land $74,970 Building $191,105

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

Flood

FEMA maps place 540 SE 40th Ter in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 32 policies
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies32 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 540 SE 40th Ter is low, with a 0.02% annual chance of wildfire.

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

Wildfire RiskLow
lower than 98% of the US · lower than 97.6% of Florida
Wildfire Likelihood0.02% annual chance
ExposureNone
beyond ember reach

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 SystemOCALA, CITY OF (2 WTPS)
serves 66,449 people · EPA ID FL3420922
Water SourceGroundwater
Last State InspectionOct 2023
LeadUnder 1 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 243 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Wire 3
Fiber		10,000 / 10,000
Metronet
Fiber		5,120 / 5,120
Cox Communications
Cable		2,000 / 100
Central Florida Broadband
Fixed Wireless		100 / 20

May also be available: Verizon.

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