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    3231 S Pine Ave Ocala, FL 34471

    For Sale
    $1,464,000

    Hotel/Motel - OCALA, FL

    Property size:
    7,026 SF
    Lot size:
    0.68 Acres
    Days on Market:
    284
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 3231 S Pine Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B4
    APN
    3029-001-007
    Size
    7,026 SF
    Lot size
    0.68 Acres

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1958
    Building materials
    Block
    Architectural style
    Other

    Florida Homes Realty and Mortgage LLC (904) 363-8395 [email protected]

    Listing agent Antonio Whitfield (904) 996-9115 License #3234791

    Listing date Feb 25, 2025

    MLS# O6227455 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Motel with Owner Financing

    This recently renovated motel features 16 rooms, a master studio with 2 bedrooms, a full-size kitchen, 1 bathroom, and an office. The property has undergone recent updates including a new roof, wiring, air conditioning units, and paint. Situated on a 0.68-acre lot, the property encompasses 7,026 square feet. The motel is located in a busy area with many shops and stores, offering convenient access to local restaurants and Interstate 75. The property is zoned B4. Located in Ocala, the "Horse Capital of the World", the area is known for its proximity to the Ocala National Forest, Silver Springs State Park, Rainbow Springs State Park, the College of Central Florida, and the World Equestrian Center. Owner financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stevens Motel Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Queens Gardens Resort, Sun Days Motel, Vacation Host Inn, Canaan Luxury Rentals, TK's Fantasy Parties

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.127816
    Latitude
    29.156245

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    FAQs

    What type of property is this?
    Motel - Recently renovated 16-room motel with owner financing in Ocala.
    Where is this motel located?
    The property is located at 3231 S Pine Ave Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,464,000.
    What are key features of this property?
    This property features: - Owner financing available; - Recently renovated with **new roof, wiring, A/C units, and paint**; - Features **16 motel rooms plus a 2-bedroom master studio with full kitchen and bathroom**
    (904) 996-9115
    Request Owner's contact information
    3231 S Pine Ave Ocala, FL 34471
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3231 S Pine Ave Ocala, FL 34471
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