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Property profile & analytics
OFF-MARKET
Land

719 Silver Springs Blvd Ocala, FL 34470

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the Flamingo Motel, a historic property situated at 719 E Silver Springs Blvd, Ocala, Florida 34470. Listed at $1,750,000, this hospitality property boasts 23 guest rooms, providing immediate income potential. The motel's convenient location places it within easy walking distance of Ocala's vibrant downtown square, offering guests ready access to numerous parks, a diverse selection of shops, restaurants, entertainment venues, and a lively nightlife. Beyond the guest rooms, the property includes a dedicated office space, a functional laundry facility, and a comfortable owner's apartment, enhancing both operational efficiency and owner convenience. The property's classification includes Hotel, Motel, and Commercial designations, reflecting its versatile nature and potential for diverse revenue streams. This is a rare chance to acquire a piece of Ocala's rich history and capitalize on a thriving tourism market. The property is situated in Marion County, Florida, and its precise coordinates are latitude 29.1874897 and longitude -82.1307951. This turnkey operation presents a compelling investment opportunity for those seeking a well-established hospitality business in a desirable location. The property is being sold as is.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Flamingo Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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