$6,200,000

120 40th Avenue

Ocala, FL 34482

Active
0
Baths
30,828
Sq Ft
1.68
Acres
2003
Built
1.68 acres$201/sqft360° tour

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

$41,894/mo

Principal & interest$31,351
Property taxes$7,702
Home insurance (est.)$2,842

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 history29 days on market

  1. Status: Active
    Jan 29, 2026
  2. Listed$6,200,000
    Jan 28, 2026
  3. Price increased$6,200,000

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
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

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

Location

Flood zone
X(12083C0512E)

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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MLS GRID

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, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA