Bridge St & Washington St - Commercial LAND FOR SALE


Saint Augustine, FL 32084- Downtown St Augustine87,120 SF
$13,650,000 USD
904-814-2080
Bridge St & Washington St, Saint Augustine, FL for Sale
$13,650,000 USD
Commercial LAND - FOR SALE
1/1
87,120 SF

Bridge St & Washington St
Saint Augustine, FL 32084
Downtown St Augustine


HIGHLIGHTS

  • Confidential offering; detailed information available to qualified buyers upon NDA execution.
  • Portfolio includes three fully renovated historic boutique inns totaling 31 rooms, plus a dedicated commercial parking lot.
  • Turnkey operation with experienced general manager and established staff already in place.
  • Strong, stabilized net operating income with an attractive 8.0% cap rate and consistent occupancy.
  • Historic charm blended with modern upgrades, delivering exceptional guest appeal and repeat business.
  • Located in the highly visited St. Augustine tourist district, a top destination for heritage and leisure travel.

OVERVIEW

*** NOTE: This is not two acres of commercial land *** This is a Confidential Hospitality Portfolio Offering | 8.0% CAP 3 Beautifully Renovated Historic Boutique Inns | 31 Rooms + Commercial Parking Lot St. Augustine, Florida | Premier Tourist Destination Coldwell Banker Commercial is pleased to present an exclusive and confidential opportunity to acquire a portfolio of three beautifully renovated historic boutique inns, complemented by a dedicated parking lot, in the highly visited and sought-after St. Augustine, Florida tourist area. These exceptional hospitality assets have been thoughtfully restored and upgraded, offering guests a distinctive blend of historic charm and modern comfort. Each inn features high-quality renovations, strong curb appeal, and a proven operating history, making this an ideal acquisition for hospitality investors, portfolio buyers, or owner-operators seeking stable income and long-term appreciation. The portfolio can operate as a true turnkey investment, with an experienced general manager and established on-site management staff already in place. Day-to-day operations are handled entirely by the professional management team, allowing for seamless continuity and immediate cash flow for an absentee owner. The portfolio delivers a strong Net Operating Income with an attractive 8.0% capitalization rate, reflecting both the quality of real estate and the strength of the local tourism market. The properties benefit from consistent occupancy, favorable guest reviews, and ongoing demand driven by the area’s year-round leisure, heritage, and destination travel. Current management has been increasingly focused on expanding event-driven revenue, including weddings and private events, an area that presents opportunities for further revenue growth. To maintain seller confidentiality, specific property details and the exact location will be provided only to qualified, vetted buyers upon execution of a confidentiality agreement (NDA). Investment Highlights: • Portfolio of three renovated historic boutique inns (31 rooms) • Dedicated commercial parking lot included • Located in the popular St. Augustine, Florida tourist area • Turnkey operation with general manager and staff in place • Strong, stabilized NOI; 8.0% cap rate • Historic charm with modern upgrades • Excellent guest appeal and repeat business • Ideal for hospitality investors, portfolio buyers, or owner-operators • Confidential offering — NDA required For additional information and to receive the confidential offering memorandum, please contact: Rich O’Brien Hospitality Specialist Coldwell Banker Commercial St. Augustine, Florida 904-814-2080 Information provided upon execution of NDA and buyer qualification.

FOR SALE DETAILS

PRICE

$13,650,000 USD

PRICE/ACRE

$6,825,000/AC

PRICE/SF

$157 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Confidential Hospitality & Parking Lot Offering

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality

LAND ACRES

2 AC

LAND SF

87,120 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

199810-0000

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 Notice.