Strumal carcinoid of the ovary is a very rare primary germ cell tumor characterized by an intimate mixture of neoplastic carcinoid-like cells and follicular structures resembling thyroid tissue, usually within a mature teratoma. Although the carcinoid component of the strumal carcinoid considered as a malignant transformation of struma ovarii, it is almost always benign. The primary strumal carcinoids have a good prognosis, regardless of their histologic subtype, it is likely that surgery alone is adequate therapy for strumal carcinoids clinically confined to the ovary. Recently we experienced a case strumal carcinoid tumor of arising of the right ovary after menopause, so we report this case with a brief review of literature.