Sold$4,800,000
3848 85TH TERRACE
OCALA, FL 34482
4 beds5 baths4,657 sqft
1 / 7
Active · Single Family
120 40TH AVENUE
OCALA, FL 34482
Beds
—
Baths
—
Area
30,828 sqft
Single FamilyBuilt 200373,181 sqft lotCentral Air$201/sqft203 days on market
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.
Facts & features
Interior
- Living area
- 30,828 sqft
- Cooling
- Central Air
Exterior & lot
- Lot size
- 73,181 sqft (1.68 ac)
- Construction
- Block, Concrete, Stucco
Financial
- Annual tax
- $92,424 (2025)
- Price / sqft
- $201/sqft
Property
- Property type
- Single Family
- Year built
- 2003
- Subdivision
- WEST OCALA HEIGHTS
- County
- Marion
Listing
- Status
- Active
- Days on market
- 191 days
- MLS #
- MFR779789809
- Source
- Stellar MLS
Listed by Saurabh Patel · IMPACT REALTY TAMPA BAY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOAEstimated monthly payment$39,053/mo
- Principal & interest
- $31,351/mo
- Property tax
- $7,702/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jan 28, 2026 | Listed | $6,200,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for OCALA, FL are not connected yet, so this page does not show them.
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home
Location
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