$3,500,000
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3041 S Pine Avenue is a $3,500,000, 10,683 square foot home on a 1.71 acre lot located in Ocala, FL.
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.
Appliances | Microwave |
Interior Features | Slab |
Cooling Types | Wall/Window Unit(s) |
Parking Types | Ground Level |
Exterior Features | West Owner Close of Escrow City Street County Road Main Throrughfare State Road Public Maintained Road Asphalt None Public |
Construction Types | Stucco Wood Frame |
Land Type | City Limits Mature Landscaping |
Water Source | Public |
Sewer | Public Sewer |
Property Type | Commercial Sale |
Property Sub Type | Hotel/Motel |
Style | One |
Year Built | 1955 |
HOA Fee | $0.00 |
Taxes | $10,386.00 |
County | marion |
Neighborhood | Southwood |
Based on information from Stellar MLS, last updated 07/26/2024 at 07:53pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.