Quick Search

120 40th Avenue, OCALA, FL 34482
Active
Image Gallery
Property Photos
120 40th Avenue
  1. Image 1 of 7 For 120 40th Avenue
  2. Image 2 of 7 For 120 40th Avenue
  3. Image 3 of 7 For 120 40th Avenue
  4. Image 4 of 7 For 120 40th Avenue
  5. Image 5 of 7 For 120 40th Avenue
  6. Image 6 of 7 For 120 40th Avenue
  7. Image 7 of 7 For 120 40th Avenue
Contact Tropic Shores Realty
Contacting Tropic Shores Realty
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Request more information
  • MLS#: TB8466780 ( Commercial Sale )
  • Street Address: 120 40th Avenue
  • Viewed: 14
  • Price: $6,200,000
  • Price sqft: $201
  • Waterfront: No
  • Year Built: 2003
  • Bldg sqft: 30828
  • Days On Market: 5
  • Additional Information
  • Geolocation: 29.1871 / -82.1895
  • County: MARION
  • City: OCALA
  • Zipcode: 34482
  • Subdivision: West Ocala Heights
  • Provided by: IMPACT REALTY TAMPA BAY
  • Contact: Saurabh Patel
  • 813-321-1200
  • mfrmls
  • DMCA Notice
  • Description
    Branded Flag Motel for Sale Ocala, FL (I 75 Highway Location) Property Highlights: Rooms: 64 Parking: 90+ spaces Annual Revenue: $1.7 million PEEP: 0 Existing Loan: $4.3 million Appraisal Value: $6.5 million Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I 75 highway in Ocala, offering excellent visibility and strong year round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well performing hospitality asset in a prime location with significant upside potential.
Request More Information
  • All fields are required.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. SEC 15 TWP 15 RGE 21 PLAT BOOK D PAGE 056 WEST OCALA HEIGHTS UNIT NO 1 A PT OF BLKS D. L BEING MORE PARTICULARLY DESC AS: COM AT THE SE COR OF BLK D TH N 20.75 FT TH W 25 FT TO THE POB TH CONT W 175 FT TH N 625.66 FT TH N 77-55-00 E 180.07 FT TH S 13 5.57 FT TH S 77-55-00 W 1.11 FT TH S 527.54 FT TO THE POB EXC THAT PT LYING NLY OF A LINE BEING MORE PARTICULARLY DESC AS: COM AT THE NE COR OF TRACT A OF FORTY WEST INDUSTRIAL PARK (W 92) TH N 80-56-53 E TO A PT ON THE ELY ROW LINE OF NW 38TH AVE S U BJ TO CR ESMT #3.0 W
Living Area
  1. 30828.00
Area Major
  1. 34482 - Ocala
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 2281-004-000
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Main Throrughfare
  2. State Road
  3. Turn Lanes
Tax Year
  1. 2025
Township
  1. 15
Views
  1. 14
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8466780
Year Built
  1. 2003
Zoning Code
  1. B4
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com