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$6,200,000

120 40th Avenue

Ocala, FL 34482

Listing updated: July 13, 2026 at 1:06 PM ET

Active

Listing courtesy of Impact Realty Tampa Bay · Saurabh Patel · MLS #TB8466780 · Active · 813-321-1200

Baths

30,828

Sq Ft

1.68

Acres

2003

Built

◆1.68 acres◆$201/sqft◆360° tour

Hotel/Motel

Property type

2003

Year built

73,181 sqft

Lot size

$201

Price / sq ft

No HOA

HOA dues

166

Days on market

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$31,351

Property taxes$7,702

Home insurance (est.)$2,842

Down payment

20%

$1,240,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history166 days on market

Status: Active
Jan 29, 2026
Listed$6,200,000
Jan 28, 2026
Price increased$6,200,000

Facts & features

Property type: Commercial Sale
Sub type: Hotel/Motel
Status: Active
Days on market: 166
Subdivision: West Ocala Heights
County: Marion
Year built: 2003
Living area: 30,828 sq ft
Price/sq ft: $201
Lot size: 73,181 sq ft
Lot category: 1 to less than 2
Flood zone: X (12083C0512E)
Annual taxes: $92,424 (2025)
Parcel #: 2281-004-000
Zoning: B4
MLS #: TB8466780

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Heating & Cooling

Cooling: Central Air

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Corporation

Exterior & Construction

Construction materials: Block, Concrete, Stucco
Foundation: Slab
Road surface: Asphalt, Paved

Listing Details

Listing date: 2026-01-28
On market date: 2026-01-28
Original list price: $6,200,000
MLS area: 34482 - Ocala
Listing AOR: Suncoast Tampa
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

Flood risk

Minimal riskFEMA Zone XPanel 12083C0512E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

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.

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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 July 13, 2026 at 1:06 PM 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.

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