Address3041 South Pine Avenue, OCALA, FL, 34471

Price$3,500,000

  • Commercial Sale
  • 10,683 SQ FT
  • Built in 1955

This meticulously managed 23-room motel is conveniently located in a very nice area right on US 301/27/441, south of the Ocala historic downtown square. It is also within a short drive to the modern commercial, shopping mall and restaurant area on US 200 in southwest of the city, the Ocala International Airport and the world renown World Equestrian Center (WEC). The property has a fenced swimming pool and a family BBQ area right in the middle of the court yard. There is also a manager's living quarters onsite. Parking space is abundant. Surrounding neighborhood is nice. There is also a convenient covered porch to the check-in office which sets it apart from other similar independent motels, especially during a Florida rainy day. The guest room interiors are well maintained and the business has been quite profitable under the diligent care of a reliable family ownership for many years. Apart from the many state parks and private lake parks with the many amazing natural wonders of artesian springs which have year-round constant 72-degree clear water discharging from underneath the earth, Ocala is also the “Horse Capital of the World.” Boasting more than 600 private horse farms, it is home to an abundance of horse-related attractions, events, and activities. It attracts many horse loving tourists from all around the world each year. Within an hour or two, residents in Ocala can also access both coastal beaches conveniently and yet have no worries of storm surges brought by annual hurricanes to the Florida coasts. Currently Ocala has been among the top destinations of new-comers relocating to Florida every year due to its idyllic lifestyle settings, family friendly environment, economic growth and affordable housing, hence many house hunters. Gainesville to the north within less than an hour, is where University of Florida is located with many mobile young adults. To the south within half an hour, it is the retired folks' paradise of The Villages with over 145,000 affluent retired residents ready to spend for travels. Further south in less than an hour, it will reach the theme parks entertainment metropolis of Orlando with more than 75 million annual tourist visits. There is a connected owner's or manager's living quarters on site. The apartment has a large living room, three bedrooms, two baths, one kitchen with a dining room.

Essential Information

  • MLS® #O6184629
  • Price$3,500,000
  • Bathrooms0.00
  • Square Footage10,683
  • Acres1.71
  • Price/SqFt$328 USD
  • Year Built1955
  • TypeCommercial Sale
  • Sub-TypeHotel/Motel
  • StatusActive

Community Information

  • Address3041 South Pine Avenue
  • AreaOcala
  • SubdivisionSOUTHWOOD
  • CityOCALA
  • CountyMarion
  • StateFL
  • Zip Code34471

Amenities

Interior

  • AppliancesMicrowave
  • CoolingWall/Window Unit(s)
  • # of Stories1

Exterior

  • Lot DescriptionCity Limits
  • RoofTile
  • FoundationSlab

Additional Information

  • Date ListedMarch 5th, 2024
  • Days on Market64
  • ZoningB4

Listing Details

  • OfficeINVESTORSALLY, LLC.

Parking

Parking Spaces - 19 to 30, Ground Level

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