$544,000
$799,000
31.9%For more information regarding the value of a property, please contact us for a free consultation.
7,454 SqFt
SOLD DATE : 03/29/2021
Key Details
Sold Price $544,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 7,454 sqft
Price per Sqft $72
Subdivision Town Of Dunnellon
MLS Listing ID OM612971
Sold Date 03/29/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1940
Annual Tax Amount $5,942
Lot Size 1.150 Acres
Acres 1.15
Lot Dimensions 222 X 225
Property Description
Great income producing property for an owner/investor. Property is currently being utilized as long term rentals but could easily be converted into short term rentals,AIR BNB or changed back to the original hotel/motel format. With the increased traffic and activities that Dunnellon is experiencing, this could be a great investment.There is a home for an owner/manager on the property. This is a fantastic location within the heart of the city of Dunnellon with easy access to downtown shopping, Rainbow and Withlacoochee rivers, bike trails, and only a short drive to Ocala or Crystal River.Units 1-10 are 2 room efficiencies with full kitchen. Units 11-14 are 1 room efficiencies with mini kitchens.
Location
State FL
County Marion
Community Town Of Dunnellon
Zoning B3
Interior
Cooling Wall/Window Unit(s)
Appliance Refrigerator
Exterior
Parking Features None
Utilities Available Electricity Available, Public, Water Connected
Roof Type Metal
Building
Lot Description Central Business District, Corner Lot, Paved
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Structure Type Concrete,Stucco,Wood Frame
New Construction false
Construction Status Financing,Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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