Two-Property Motel
For Sale
Contact for pricing
215 South Pine Avenue, Ocala, FL 34471
Two operating motel properties are offered together as a portfolio with ongoing improvements and multiple ownership paths.
Property Size12,888 SF
Price / SF$190.10
Days on Market84
Property Features for 215 South Pine Avenue
General Information
Standard status
Active
Size
12,888 SF
Property subtype
Hospitality, Business for Sale
Zoning
B-4 (Ocala Cove) & FBC (Shamrock Inn)
Investment Type
Stabilized
Additional Details
Business Included
Yes
Building Details
Year Built
1958
Buildings
2
Stories
2
Units
34
Listing Agency:
Invictus Real Estate
(352) 634-0809
Listed By:
Nate Simmons · License #SL3605978
Source:
Crexi
Added: Jun 9
Changed: Aug 28
Last Checked: Aug 29 at 4:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Invictus Real Estate
Investment Insights
Based on property information with market context.
The Shamrock Inn and Ocala Cove Motel are being offered together as a two-property motel portfolio with existing operations. The portfolio has benefited from select improvements and ongoing ownership attention, providing a foundation for continued motel operations.
The offering is structured to give a new owner flexibility in how to proceed. A buyer could continue operating the properties as affordable lodging, reposition them over time, and explore other lodging-focused approaches such as extended-stay or workforce housing strategies. Alternatively, the sites may be evaluated for future redevelopment, subject to zoning, site planning, market demand, and municipal approvals, which buyers should verify with appropriate local authorities.
Offered as a package, the properties provide scale and existing income, along with optionality for investors interested in operating a motel business, implementing additional capital improvements and refreshed branding, improving management, or pursuing a longer-term redevelopment plan.
The offering is structured to give a new owner flexibility in how to proceed. A buyer could continue operating the properties as affordable lodging, reposition them over time, and explore other lodging-focused approaches such as extended-stay or workforce housing strategies. Alternatively, the sites may be evaluated for future redevelopment, subject to zoning, site planning, market demand, and municipal approvals, which buyers should verify with appropriate local authorities.
Offered as a package, the properties provide scale and existing income, along with optionality for investors interested in operating a motel business, implementing additional capital improvements and refreshed branding, improving management, or pursuing a longer-term redevelopment plan.
Key Highlights
- Portfolio includes The Shamrock Inn and Ocala Cove Motel offered together as two operating motel properties
- Year built: 1958
- Properties are currently operating and offered with existing operations in place
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,236
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Comfort Inn Ocala Silver Springs — 1212 S Pine Ave, Ocala, FL 34474
- Brewster Hall at Marion Technical College — 1014 SW 7th Rd, Ocala, FL 34471
- Town Plaza Motel — 1110 S Pine Ave, Ocala, FL 34471
- Holiday Motel — 1048 S Pine Ave, Ocala, FL 34471
- Star Motel — 814 S Pine Ave, Ocala, FL 34471
Frequently Asked Questions
What type of property is this?
Motel - Two operating motel properties are offered together as a portfolio with ongoing improvements and multiple ownership paths.
Where is this motel located?
The property is located at 215 South Pine Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Portfolio includes The Shamrock Inn and Ocala Cove Motel offered together as two operating motel properties; Year built: 1958; Properties are currently operating and offered with existing operations in place
