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5589 NW 40th Loop, Ocala, FL, 34482

2beds
2baths
1,649sqft
$383,000
$232price/sqft
$2,749/moest. monthly cost
$109,960/yrincome needed

About This Home

The Perfect Retreat with NO CDD AND Unmatched Privacy Welcome to this meticulously crafted Monico model, where luxury meets peace of mind. Nestled within the exclusive 55+ section of the prestigious Trilogy community, this 2-bedroom, 2-bathroom home plus a versatile den offers a rare sense of seclusion. Thoughtfully expanded with a 2-foot extension, this floor plan feels remarkably open and airy. Whether you’re utilizing the den as a home office, a library, or a hobby room, the layout flows effortlessly. Unlike many properties, this custom-built gem backs up to a beautifully open area with no rear neighbors, providing a quiet, natural backdrop for your morning coffee or evening relaxation. Live the Lifestyle in Trilogy, your days can be as active or as relaxed as you choose. From the vibrant clubhouse to the pristine surroundings, it’s a community designed for connection and joy. Don’t miss your chance to own a custom-extended Monico with the rare privacy of an open-view backyard. Schedule your private tour today!

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
24
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Full bathrooms: 2

Property

Lot

  • Lot size: 6,098 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,936$23,232
Home Insurance *$387$4,644
Property Taxes $229$2,748
Electricity $197$2,366
Total$2,749$32,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,251/yr
40% on housing$82,470/yr
45% on housing$73,306/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 34482$310
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34482$173
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentMichelle Smith
BrokerageRE/MAX PREMIER REALTY

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