Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
Dunnellon, FL 34431,20814 W. PENNSYLVANIA AVE.
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$544,000

$799,000

31.9%
Est.Price: ?

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Est. payment /mo

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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Stellar MLS
Listed by CB/RIVERLAND REALTY
Bought with STELLAR NON-MEMBER OFFICE
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