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914 Atlantic Ave
Fernandina Beach, FL 32034

$7,250,000 USD

Hotel For Sale  •  10,117 SF

Property Details

  • Property Type Hotel
  • Total Building Size 10,117 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 1886
  • Cap Rate 7.21 %
  • Zoning C-3
0 Transit Score
78 Walk Score

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

Property Flyers

Cap Rate: 7.21 %

Major Tenants

Tenant SF Occupied Lease End Date
Buchanan Builders
Consulting Preble-Rish
Freelife Homes LLC
Jose L. Miranda, Jr., Architect, P.A.
Lignum Vitae Timber LLC
Miranda Architects
Preble-Rish Consulting Engineers
Robert Howat LMFT
Zev Cohen & Assoc

Amenities

  • Pool
  • On-Site Bar
  • Outdoor Pool
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Jacksonville International 44 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC