719 Silver Springs Blvd Ocala, FL 34470
- Land
Current Use by Public Records
- Flamingo Motel / Motel
Property Details for 719 Silver Springs Blvd
- Property type
- Land
- Property subtype
- Hospitality properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1308
- Latitude
- 29.1875
