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3041 S Pine Ave
Ocala, FL 34471
Silver Princess Motel · Hospitality Property For Sale · 23 Rooms

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EXECUTIVE SUMMARY

Asset is being sold as a redevelopment play. Best and highest use will take advantage of the existing Marion County B-4 Zoning Classification (which includes B-1 and B-2 uses. The Silver Princess parcel is ideally located and dimensioned for vehicle intensive uses (C-Store, car wash, QSR, coffee.)

PROPERTY FACTS

Price Per Room $149,837 CAD
Sale Type Investment
Sale Conditions
Business Value Included
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.71 AC
Building Size 10,683 SF
No. Rooms 23
No. Stories 1
Year Built 1955
Parking Ratio 3.18/1,000 SF
Corridor Exterior
Zoning B4 - Marion County Zoning Classification B-4. See Land Development Code Sec. 4.2.20.

AMENITIES

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ABOUT 3041 S PINE AVE , OCALA, FL 34471

1.63 ac 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.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 23 $181.96 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3029-002-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$866,185 CAD
  • Listing ID: 38652381

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 3041 S Pine Ave, Ocala, FL 34471

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