CENTURY 21 Edge
Hotel/Motel

Commercial Sale · Hotel/Motel

$1,175,000$1,225,0005,090 sq ft$231 /sq ft0.29 acres

215 S PINE AVENUE, OCALA, FL, 34471

Active107 days on marketListed Jun 6, 2026MLS #OM726067

About this property

The property at a glance

Shamrock Cove Inn | Boutique Hospitality Investment Opportunity | Downtown Ocala, FL Rare opportunity to acquire the historic Shamrock Cove Inn, a charming boutique hospitality property located in the heart of Downtown Ocala. Situated on approximately 0.29 acres, this well-maintained asset features 12 individually themed guest rooms, each with a private bath, and offers a unique lodging experience close to Ocala’s vibrant historic district. Originally established in 1960 and recently renovated under current ownership, the property blends historic character with modern guest amenities. Accommodations feature flat-screen TVs, Wi-Fi, refrigerators, microwaves, fireplaces, private patios, and premium bedding, creating a comfortable boutique experience that consistently attracts travelers seeking an alternative to traditional chain hotels. Strategically positioned just steps from Downtown Ocala’s restaurants, shops, entertainment venues, government offices, and medical facilities, the property also benefits from proximity to the World Equestrian Center, Silver Springs State Park, Santos Trailhead, and other major regional attractions. Investment Highlights • 12 guest rooms plus front office and private back office with manager's apartment • Approximately 5,090 SF on 0.29 acres • Prime Downtown Ocala location • Boutique hospitality concept with individually themed rooms • Recently renovated and repositioned property • Walking distance to historic downtown attractions • Strong appeal to leisure, business, and equestrian-related travelers • Opportunity for continued revenue growth through enhanced operations and marketing • Established presence in one of Florida’s fastest-growing hospitality markets Whether you’re an owner-operator seeking a turnkey boutique inn or an investor looking to expand a hospitality portfolio, Shamrock Cove Inn offers a unique opportunity to acquire a distinctive lodging property in the thriving Downtown Ocala market.

5,090

Building sq ft

$231

Price / sq ft

0.29

Lot acres

1960

Year built

1

Building

Hotel/Motel

Property type

Building size5,090 sq ft
Lot size0.29 acres
Year built1960
Buildings1
ConstructionBlock
CoolingWall/Window Unit(s)
Annual taxes$13,587

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $293,750
Interest rate6.00%
Loan term

Estimated payment

$6,576/mo

Principal & interest$5,284
Property taxes (actual bill)$1,132
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

41,500vehicles / day · 2025Sw 10 St to W Silver Sprngs Blvd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Shamrock Cove Innhotel0 mi
VIPcareclinic0 mi
Ocala Post Officepost office0.1 mi
Starbuckscafe0.1 mi
My Quaterestaurant0.1 mi
The Bubble BarRestaurant0.1 mi
Cricket Wirelessmobile phone shop0.1 mi
Ocala Police Department Headquarterspolice0.1 mi
Wing Stationfast food0.2 mi
Stella's Modern Pantryrestaurant0.2 mi
O'Malley's Alleypub0.2 mi
Shannon Roth Co.clothes0.2 mi
The Lodge Brick City Craft Pub & Eaterypub0.2 mi
District Bar and Kitchenbar0.2 mi
OcalaCity0.2 mi
RaceTracconvenience0.2 mi
The Tipsy Skipperbar0.2 mi
Evergreen Motelmotel0.2 mi
SouthState Bankbank0.2 mi
Mark's Prime Steakhouserestaurant0.2 mi
Zone Health and Fitnessfitness centre0.2 mi
Marion Theatercinema0.2 mi
Taco N' Madrerestaurant0.2 mi
Agapanthusgeneral0.2 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

26,031

Population

$60,283

Median income

44.2

Median age

2.31

Avg household

$292,200

Median home value

$1,225/mo

Median rent

2,491

Households w/ kids

Recent sales

What actually sold near 215 S PINE AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1834 SW 1ST AVENUE UNIT 201

$1,219,800

1834 SW 1ST AVENUE UNIT 201

5,010 sqft · $243/sqft · Sold Apr 18, 2025

500 E FORT KING STREET UNIT B

$22,720

500 E FORT KING STREET UNIT B

5,594 sqft · $4/sqft · Sold May 27, 2025

1630 SE 18TH STREET UNIT 300

$73,644

1630 SE 18TH STREET UNIT 300

4,332 sqft · $17/sqft · Sold Aug 18, 2026

Your team

The pros in your corner

John Carpenter

Your agent

John Carpenter

CFO/Broker · CENTURY 21 Edge

Tours, offers, and every question about 215 S PINE AVENUE — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 215 S PINE AVENUE.

See it in person

Schedule a tour

Live availability from John's calendar — pick a time and it's booked.

Listing courtesy of INVICTUS REAL ESTATE LLC · Brian Hafner. MLS #OM726067.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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