This iconic 10,180 sq ft, three-story Queen Anne building, situated on a 1.07-acre lot in Ocala, FL, presents a unique investment opportunity. Originally constructed in 1890, this property boasts a rich history and has been meticulously renovated, most recently as a full-service day spa. The building features locally handmade doors and other unique architectural details. Currently generating income, it offers significant potential for prime office or retail use. Located on East Silver Springs Boulevard, a high-traffic corridor with over 32,000 vehicles daily, it's less than a mile from Historic Downtown Ocala, providing easy access to amenities. The first floor encompasses 4,023 sq ft and includes a reception area, office, waiting areas, restrooms, eleven treatment/office rooms, a half-bath, and a laundry room. Three staircases and an elevator provide access to the upper floors. The second floor offers 2,441 sq ft with a spa, salon, restrooms, waiting area, and laundry room. The third floor comprises 1,703 sq ft, featuring waiting areas, treatment/office rooms, a private office, a full bathroom, and a locker room. A 987 sq ft basement provides additional space for meetings and events. The property includes 43 parking spaces and benefits from B-2 zoning on the 1.07-acre lot, which also includes land zoned R-3 and secondary road access via NE 2nd Street. Note that square footage and other measurements are estimates
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917 Silver Springs Blvd Ocala, FL 34470
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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.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
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.
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917 Silver Springs Blvd Ocala, FL 34470
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917 Silver Springs Blvd, Ocala, FL
Penny Terry
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917 Silver Springs Blvd, Ocala, FL
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917 Silver Springs Blvd, Ocala, FL
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917 Silver Springs Blvd, Ocala, FL
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917 Silver Springs Blvd, Ocala, FL
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