63 Orange St - Hospitality FOR SALE


Saint Augustine, FL 32084- Greater St Augustine
$3,300,000 USD
904-814-2080
63 Orange St, Saint Augustine, FL for Sale
$3,300,000 USD
Hospitality - FOR SALE
1/74
null | 7.42% Cap Rate

63 Orange St
Saint Augustine, FL 32084
Greater St Augustine


HIGHLIGHTS

  • Located in St. Augustine's Historic District
  • Comprehensive Renovation Completed in 2023
  • 8 Elegantly Designed Guest Rooms
  • 9 On-site Parking Spaces
  • 7% CAP Rate
  • Turnkey; Sold Fully Furnished

OVERVIEW

1001 Nights is a Luxury Moroccan/Spanish style bed & breakfast located in the historic heart of Saint Augustine, FL. This exquisite property boasts 8 elegantly designed rooms, each offering a unique blend of luxury and comfort. Recently, it underwent a comprehensive renovation, enhancing both the interior spaces and the exterior appeal. Upgrades include modern amenities in all rooms, ensuring a premium guest experience. The property also features improved parking facilities. Its strategic location in St. John’s County, a high-volume tourist destination, makes it a prime investment opportunity. 1001 Nights enjoys a high occupancy rate and Average Daily Rate (ADR), contributing to a robust net operating income, making it an attractive proposition for those looking to enter or expand in the thriving hospitality market.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$961 USD /SF

# OF ROOMS

8

PRICE/ROOM

$412,500 {currency}

CAP RATE

7.42%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1001 Nights Historic Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1884

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Residential

APN/PARCEL ID

205960-0000

ASK ABOUT THIS PROPERTY

Rich O'BrienColdwell Banker Commercial Premier PropertiesMore Info
904-814-2080

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Rich O'BrienColdwell Banker Commercial Premier PropertiesMore Info
904-814-2080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.