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505 NE 40th Terrace, Ocala, FL 34470

Single family property built in 1978 with 3,357 sq ft of living area on a 0.42-acre lot in Ocala, Marion County. Facts below come from the county property appraiser's public record.

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County just value (tax roll) — not a market value
$432,890
County assessed value (tax roll)
$184,389
Living area
3,357 sq ft
Lot size
0.42 acres (18,225 sq ft)
Year built
1978
Land use
Single family
FEMA flood zone
Not on file yet
County
Marion County, FL
Parcel ID
fl-52-27624-002-01

At a glance

Who owns 505 NE 40th Ter?
Marion County property records list WELLS ARTHUR P III as the owner of record.
What is the county just value of 505 NE 40th Ter?
$432,890 on the Marion County tax roll (as of January 1). Just value is the property appraiser's figure for property taxes — not a market value.
What is the parcel ID?
fl-52-27624-002-01 (Marion County).

Current owner

Owner contact info

Phones, emails and mailing addresses from public Florida records are available to members.

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More on NE 40th Ter

All 25 properties on NE 40th Ter · ZIP 34470 (Ocala). Values are county just values (tax roll), not market values.

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Source: Florida Department of Revenue parcel roll; data refreshed Jun 25, 2026. Values are county tax-roll figures, not appraisals. How to read these values · Data sources