$6.20M
120 40th Avenue
Ocala, FL 34482
Listing updated: February 26, 2026 at 11:42 AM ET
Listing courtesy of Impact Realty Tampa Bay · Saurabh Patel · MLS #TB8466780 · Active · 813-321-1200Property type
Year built
Building size
Lot size
Price / SF
Zoning
Days on market
About this property
Branded Flag Motel for Sale – Ocala, FL (I-75 Highway Location) Property Highlights: • Rooms: 64 • Parking: 90+ spaces • Annual Revenue: $1.7 million • PEEP: 0 • Existing Loan: $4.3 million • Appraisal Value: $6.5 million • Asking Price: $6.2 million Description: A highly desirable branded flag motel located directly off the busy I-75 highway in Ocala, offering excellent visibility and strong year-round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment. With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers. This is a rare opportunity to acquire a well-performing hospitality asset in a prime location with significant upside potential.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Hotel/Motel
- Status
- Active
- Days on market
- 29
- Subdivision
- West Ocala Heights
- County
- Marion
- Year built
- 2003
- Building area
- 30,828 sq ft
- Price/sq ft
- $201.12
- Lot size
- 73,181 sq ft
- Buildings
- 1
- Road frontage
- Main Throrughfare, State Road, Turn Lanes
- Annual taxes
- $92K (2025)
- Parcel #
- 2281-004-000
- Zoning
- B4
- MLS #
- TB8466780
Listing details
- Listing date
- 2026-01-28
- On market date
- 2026-01-28
- MLS area
- 34482 - Ocala
- Status changed
- 2026-01-29
- Tax legal description
- SEC 15 TWP 15 RGE 21 PLAT BOOK D PAGE 056 WEST OCALA HEIGHTS UNIT NO 1 A PT OF BLKS D. L BEING MORE PARTICULARLY DESC AS: COM AT THE SE COR OF BLK D TH N 20.75 FT TH W 25 FT TO THE POB TH CONT W 175 FT TH N 625.66 FT TH N 77-55-00 E 180.07 FT TH S 13 5.57 FT TH S 77-55-00 W 1.11 FT TH S 527.54 FT TO THE POB EXC THAT PT LYING NLY OF A LINE BEING MORE PARTICULARLY DESC AS: COM AT THE NE COR OF TRACT A OF FORTY WEST INDUSTRIAL PARK (W 92) TH N 80-56-53 E TO A PT ON THE ELY ROW LINE OF NW 38TH AVE S U BJ TO CR ESMT #3.0 W
Location
Directions
From National Parts Depot in Ocala, take SW 38th Ave north, turn left onto W Silver Springs Blvd (State Road 40), continue for about 1.5 to 2 miles, then turn right onto NW 40th Ave — the destination, 120 NW 40th Ave, will be on your left.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of February 26, 2026 at 11:42 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA