Property Attributes
- MLS#O6184629
- TypeCommercial
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodSouthwood
- Zip34471
- StyleHotel/Motel
- Year Built1955
- Taxes$ 10386
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10683
- Lot Size1.71 Acres
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
3/5/2024 | Listed $3,500,000 |
General Features
Sewer | Public Sewer |
---|---|
Cooling | Wall/Window Unit(s) |
Utilities | Public |
Roof | Tile |
Appliances | Microwave |
Zoning | B4 |
Construction Materials | Stucco,Wood Frame |
Year Built | 1955 |
Levels | One |
Property SubType | Hotel/Motel |
Tax Year | 2023 |
Percent Ownership | Sole Proprietor |
County | Marion |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | SOUTHWOOD |
Facing Direction | West |
Building Features | Bathrooms,Pool/Spa |
Status | Active |
Directions | Right at the NE corner of on US 301 & SE 31st St. |
City | OCALA |
Buyer Agent Compensation | 2% |
MLS Area | 34471 - Ocala |
Lot Size Square Feet | 74488 |
Waterfront Y/N | No |
Street Name | Pine |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 10386.52 |
Public Remarks | 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 c |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6184629 |
Days on Market | 2 |
Standard Status | Active |
Tax Lot | 2 |
Virtual Tour | https://www.silverprincessmotel.us/ |
Legal Description | SEC 29 TWP 15 RGE 22 PLAT BOOK F PAGE 002 SOUTHWOOD BLK B LOTS 2.3.4 & 5 EXC COM AT THE SW COR OF LOT 2 TH S 39-23-23 E ALONG THE NLY ROW LINE OF US HWY 441 39.75 FT TH N 52-00-25 E 217.43 FT TO THE |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Street Suffix | AVENUE |
Living Area Units | Square Feet |
Exterior Features
Parking Features | 19 to 30 Spaces,Ground Level |
---|---|
Lot Features | City Lot |
Water Source | Public |
Lot Size Area | 1.71 |
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 10683 |
Lot Size Acres | 1.71 |
Road Surface Type | Asphalt |
Lot Size Units | Acres |
Road Frontage Type | City Street,County Road,Main Throrughfare,State Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool