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33519562
33503176

2210 South Pine Ave., Ocala, FL 34471

NS
FL SL3605978
Invictus Real Estate
Listed by Invictus Real Estate
$1,350,000
9 days on market
Updated 4 days ago

Ocala Motel For Sale!

Details
Property Type Hospitality, Business for Sale
Sub Type Motel, Business and Building
Square Footage 7,798
Units 19
Cap Rate 9.7%
NOI $130,959
Occupancy 85%
Pro-Forma Cap Rate 11.74%
Pro-Forma NOI $158,530
Price per SqFt $173
Year Built 1958
Stories 2
Acreage 0.610
Zoning B4
Parking Spaces 19 spaces
Parking Per SqFt 2.44
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

OCALA MOTEL FOR SALE - INCOME GENERATING

Marketing description

Available for sale individually or as part of a larger Ocala motel portfolio, Ocala Cove Motel offers buyers a unique opportunity to acquire an operating extended-stay motel with commercial redevelopment potential along one of Ocala’s key travel corridors.

Situated at 2210 S Pine Avenue, Ocala Cove Motel is an established hospitality property positioned along the highly visible US-441 / South Pine Avenue corridor in Ocala, Florida. The property is currently configured as a 20-room motel/extended-stay asset on approximately 0.61 acres, with nearly 7,800 square feet of improvements, a manager’s apartment, and on-site parking.

The motel is designed to accommodate both short-term travelers and longer-stay guests, with room features including kitchenettes, full-size refrigerators, microwaves, Wi-Fi, cable TV, and free parking. This extended-stay functionality helps broaden the guest base to include leisure travelers, contractors, medical visitors, business guests, relocating residents, and budget-conscious long-term guests.

Beyond the current motel operation, the property offers a compelling redevelopment angle. The site is reported as B-4 / Business Commercial zoning, which supports a variety of highway-oriented commercial uses and creates optionality for future repositioning or redevelopment. Potential future concepts may include continued motel operations, enhanced extended-stay lodging, hotel or hospitality redevelopment, restaurant, retail, office, medical office, service commercial, parking-related use, or other corridor-compatible concepts, subject to final approvals and buyer verification.

Ocala Cove Motel benefits from proximity to I-75, Downtown Ocala, Ocala Regional Medical Center, restaurants, shopping, Paddock Mall, Ocala International Airport, Silver Springs State Park, and the World Equestrian Center, placing the property near major demand drivers for lodging, extended-stay, tourism, medical, and business travel.

For investors seeking an operating motel, extended-stay asset, owner-operator opportunity, commercial corridor redevelopment site, or portfolio acquisition, Ocala Cove Motel offers rare flexibility with immediate use and long-term upside.

Investment highlights

Ocala Cove Motel is available for sale individually or as part of a larger Ocala motel portfolio, offering investors the flexibility to acquire a standalone extended-stay hospitality asset or expand through a multi-property acquisition.

Located at 2210 S Pine Avenue in Ocala, Florida, Ocala Cove Motel presents a compelling opportunity to acquire an established, income-producing motel with both immediate operating potential and long-term redevelopment upside. The property is positioned along the highly traveled South Pine Avenue / US-441 corridor and consists of a reported 20-room hospitality configuration on approximately 0.61 acres, with approximately 7,798 square feet of improvements. Current listing materials also note a manager’s apartment, ample on-site parking, and a renovated operating asset designed to serve both short-term and extended-stay guests.

The property is reported to be zoned B-4 / Business Commercial, a flexible commercial zoning designation that supports highway-oriented business activity and commercial uses serving motorists and regional demand. Ocala’s B-4 district is intended for larger retail establishments, businesses catering to highway trade and motorists’ needs, and uses receiving significant delivery or vehicle traffic.

This zoning framework creates a strong redevelopment and repositioning narrative. In addition to continued motel or extended-stay operations, future ownership may evaluate a range of commercial or mixed-use concepts permitted under or compatible with B-4 zoning, including lodging, hotel/convention, restaurant, professional office, medical/dental office, retail, parking, service-oriented commercial, or other corridor-based redevelopment concepts, subject to City approval and buyer due diligence. Ocala’s B-4 permitted-use section specifically includes motel, hotel/convention center, restaurant, professional and business office, medical and dental office, parking lot, and parking garage uses.

Ocala Cove Motel also offers a potential value-add operating strategy through continued extended-stay use, rate optimization, direct-booking improvements, professional management, renovation enhancements, and stronger event-driven pricing. Each unit is designed for longer-stay convenience, with the motel website noting kitchenettes, full-size refrigerators, microwaves, Wi-Fi, cable TV, and free parking. The property is also located near I-75, Ocala Regional Medical Center, restaurants, shopping, Paddock Mall, Ocala International Airport, Silver Springs, and other regional demand drivers.

With its existing hospitality operations, high-visibility commercial corridor location, B-4 zoning, extended-stay room configuration, manager’s apartment, and multiple future-use pathways, Ocala Cove Motel offers investors and owner-operators a rare opportunity to acquire a cash-flowing lodging asset with both operational upside and redevelopment optionality in the growing Ocala market.

Listing Contacts

NS
FL SL3605978
Invictus Real Estate
Listed by Invictus Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$130,959.00
$10,913.25/mo

Valuation Metrics

0
DSCR
9.7%
Cap Rate
9.7%
ROI

Map

Zoning

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B-4 CommercialGeneral CommercialGeneral Business
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Nate Simmons
License
SL3605978
Brokerage
Invictus Real Estate LLC
Brokerage Phone
3526194466
Title
Sales Advisor
Brokerage Address
101 Southwest 3rd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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