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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 1,350,000

Est. payment | -/mo

7,798 SqFt

Save Virtual Tour

$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

7,798 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,798 sqft

Price per Sqft $173

Subdivision Mcintoshs

MLS Listing ID OM726068

HOA Y/N No

Year Built 1958

Annual Tax Amount $11,009

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

Ocala Cove Motel | Turnkey Hospitality Investment Opportunity | Ocala, Florida

Exceptional opportunity to acquire Ocala Cove Motel, a 20-room hospitality asset strategically positioned along highly traveled South Pine Avenue (US Highway 441) in the heart of Ocala, Florida. This established motel offers immediate cash flow, strong in-place operations, and significant upside potential for investors and owner-operators alike.

Situated on approximately 0.61 acres, the property consists of nearly 7,800 square feet of improvements and features a well-maintained 20-room configuration designed to serve both short-term and extended-stay guests. The property has benefited from renovations and operational improvements, creating a turnkey opportunity with minimal transition requirements.

Conveniently located near Interstate 75, Ocala Regional Medical Center, shopping destinations, restaurants, and major employment centers, the motel enjoys consistent demand from travelers, medical visitors, contractors, and long-term guests. The location also provides excellent access to the World Equestrian Center, Silver Springs State Park, and other regional attractions that continue to drive tourism and economic growth throughout Marion County.

Investment Highlights
• 20 turnkey guest rooms
• Approximately 7,798 SF building area
• Approximately 0.61-acre site
• High-visibility South Pine Avenue frontage
• Strong in-place cash flow
• Manager's apartment
• Ample on-site parking
• Renovated and operational asset
• Business Commercial (B-4) zoning
• Excellent access to I-75, healthcare facilities, retail, and entertainment corridors
• Opportunity for revenue growth through management efficiencies and rate optimization

Whether expanding an existing hospitality portfolio or seeking a hands-on owner-operator opportunity, Ocala Cove Motel offers a rare chance to acquire a cash-flowing lodging asset in one of Central Florida's fastest-growing markets.

Location

State FL

County Marion

Community Mcintoshs

Area 34471 - Ocala

Zoning B4

Interior

Cooling Wall/Window Unit(s)

Building

Foundation Basement, Block, Other

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM726068

Listed by Brian Hafner INVICTUS REAL ESTATE LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL, 32259

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2210 S PINE AVE Ocala, FL 34471