$3,500,000

3041 S Pine Avenue, Ocala, FL 34471

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$3,500,000

3041 S Pine Avenue Ocala, FL 34471

For Sale MLS# O6184629

10,683 sq ftCommercial

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Data current as of 29/05/2024 17:10:57

Details for 3041 S Pine Avenue

MLS# O6184629

Description for 3041 S Pine Avenue, Ocala, FL, 34471


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.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 1.71 Acres

Square Feet: 10,683 sq ft

Year Built: 1955

Stories: 1 Story

Construction: Stucco,Wood Frame

Subdivision: Southwood

Foundation: Slab

County: Marion

Interior Features


Appliances: Microwave

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Municipal Utilities

Cooling: Wall/Window Unit(s)

Exterior / Lot Features


Parking Description: Parking Space(s)

Roof: Tile

Additional Exterior/Lot Features: Landscaped, City Lot

Driving Directions


Right at the NE corner of on US 301 & SE 31st St.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 3029-002-003

Tax Amount: 10386.52

Tax Year: 2023

Price Changes


$3,500,000 Original Price
$3,500,000 Current Price
$0Total Change
Date Price Change
03/11/2024 11.19 AM $3,500,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 3041 S Pine Avenue

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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