

723 SE 40th TerraceOcala, FL, 34471
- Price per sqft
- $221
- Sold on
- May 27, 2026
About this property
Welcome to this beautifully renovated home in desirable Southeast Ocala, where warmth, natural light, and modern updates come together in a peaceful setting. As you enter, the light-filled family room highlights the open-concept design, creating an inviting space for everyday living and entertaining.
The fully renovated kitchen features soft-close cabinetry, granite countertops, a stylish tile backsplash, and stainless steel appliances. Just off the kitchen is a formal dining room and a spacious laundry room with custom cabinetry installed in the past year.
The primary suite offers a relaxing retreat with a beautifully updated bathroom featuring granite countertops and a large walk-in shower. Two additional spacious bedrooms and a full hallway bath provide comfortable accommodations for family or guests.
Sliding doors from the dining room lead to a back deck with new railings, perfect for morning coffee or evening dinners overlooking the large backyard.
Major updates completed in 2023 include: • New HVAC system with ductwork • Updated electrical and plumbing • New roof • All new windows and interior/exterior doors (including garage door and opener) • New water heater, toilets, sinks, lighting, trim, and flooring
This home truly feels like new construction while being located in an established neighborhood near downtown Ocala, shopping, dining, parks, and schools — many within walking distance.
A must-see move-in ready home!

Property details
- Property type
- Single Family Residence
- Street address
- 723 SE 40th Terrace
- City
- Ocala
- State
- FL
- ZIP code
- 34471
- Year built
- 1972
- New construction
- No
- Faces
- West
- Rooms
- 5
- Building stories
- 1
- Living area
- 1,540 sqft
- Total building area
- 2,458 sqft
- Levels
- One
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| SoldMLS #OM720131 | $340,000 | Not applicable | |
| Price reducedMLS #OM720131 | $359,000Change: −5.3%−$20,000 | −5.3%−$20,000 | |
| Listed for saleMLS #OM720131 | $379,000 | Not applicable | |
| SoldMLS #OM669948 | $320,000 | Not applicable |
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