914 Atlantic Ave - Hospitality FOR SALE


Fernandina Beach, FL 32034
$7,500,000 USD
941-444-6160
914 Atlantic Ave, Fernandina Beach, FL for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/12
null | 7.03% Cap Rate

914 Atlantic Ave
Fernandina Beach, FL 32034


HIGHLIGHTS

  • Premium Boutique Hotel in Amelia Island’s Historic Core | Fully Renovated, w/ Liquor Licensed Upscale Bar, Rare On-Site Parking & Major Upside
  • Extensive Top-to-Bottom Restoration | Structure Stripped to its Shell, Fully Replacing All Plumbing, Electrical, & HVAC Systems to Code
  • Liquor Licensed w/ Upscale Lobby Bar | “The Principal’s Office”, One of the Only Hotel Bars in the Downtown Area, Providing a Strong Competitive Edge
  • Trailing 3-Year AVG Annual Gross Income of $1.3 Million w/ Significant Upside | Competing Boutique Hotels in the Area Command $100–$200 Higher/Night
  • Additional On-Site Infrastructure | Separate Building Includes Full Housekeeping/Laundry Facility & One-Bedroom Apartment
  • Turnkey Operational Model | Stabilized Operations w/ Zero Deferred Maintenance & On-Site Management Handling All Day-to-Day Responsibilities

OVERVIEW

The Multifamily Firm is pleased to present the Amelia Schoolhouse Inn, a premium boutique hotel uniquely positioned in the heart of Amelia Island’s historic core. This fully renovated, turnkey asset seamlessly blends rich character with modern infrastructure, offering 17 well-appointed guest rooms within the main historic structure along with an additional one-bedroom unit housed in a separate rear building; ideal for staff housing, supplemental rental income, or future guest use. The property features a rare upscale bar, a significant differentiator in the downtown market, driving both guest spending and local patronage. Guests also enjoy premium amenities including a heated swimming pool, event-friendly courtyard, putting green, and valuable on-site parking, an exceptional advantage in this tightly constrained district. Averaging approximately $1.3 Million in Gross Income over the last 3 years, the hotel demonstrates strong in-place performance with clear upside through strategic rate adjustments and operational enhancements. Uniting historic charm, a prime walkable location, and consistent financial performance with clear avenues for future growth, the Amelia Schoolhouse Inn represents an exceptional opportunity to acquire a distinguished coastal asset positioned for lasting value, substantial income, and enduring appeal. View Offering Memorandum for Financial Details!

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$776 USD /SF

# OF ROOMS

18

PRICE/ROOM

$416,667 {currency}

CAP RATE

7.03%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Amelia Schoolhouse Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1886

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-3

APN/PARCEL ID

00-00-31-1800-0050-0011

ASK ABOUT THIS PROPERTY

Phil GinexiThe Multifamily Firm, LLCMore Info
941-444-6160

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Phil GinexiThe Multifamily Firm, LLCMore Info
941-444-6160

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