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

$13,650,000 USD

Land For Sale  •  2 AC

Property Details

  • Property Type Land
  • Lot Size 2 AC
0 Transit Score
86 Walk Score

Description

*** 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.

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.

Property Flyers

Rich O'Brien 904-814-2080 Coldwell Banker Commercial Premier Properties
Rich O'Brien 904-814-2080 Coldwell Banker Commercial Premier Properties