Luxurious Newly Renovated 8-Room B&B in St. Augustine's Historic District

63 Orange St, Saint Augustine, FL

$3,499,000

Price

3,435 sqft

Building Size

0.2 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
3,435 sqft
Lot Area
0.2 acres
Keys
8
Year Built
1888
Floors
3
Description

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.

Located in St. Augustine's historic district. Just a short walk to historic sites, such as the Castillo de San Marcos, St. George Street, Pirate & Treasure Museum, and countless shops & restaurants.

Highlights
  • Located in St. Augustine's Historic District
  • Comprehensive Renovation Completed in 2023
  • 8 Elegantly Designed Guest Rooms
  • 9 On-site Parking Spaces
  • Impressive ADR and NOI
  • 7% CAP Rate
  • Highly Rated on Booking.com
  • Turnkey; Sold Fully Furnished
Documents
Location
Gallery