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1748 Georgia St - Satsuma Hotel 5,076 SF Specialty Building Offered at $595,000 in Alford, FL 32420
Investment Highlights
- Historic multi-use property in the heart of downtown Alford with commercial/residential zoning.
- Upgraded with modern systems including solar panels with Tesla battery backup, central HVAC, and a tin roof installed in 2018.
- Outdoor amenities include a fenced yard with two electric gates, 2-car garage, three porches, and ample guest parking.
- Features 18+ rooms, including 8 bedrooms, 3 full baths, and 2 half baths, offering exceptional versatility.
- Large entertainment hall with antique sliding doors, heart pine floors, and restored original cabinetry throughout.
- Supported by city infrastructure improvements such as a new water system, paved roads, and upcoming commercial sewage system.
Executive Summary
The historic Satsuma Hotel right in the heart of downtown Alford, Fl. is a unique 5,076 sq ft property on a .64-acre lot, grandfathered in as a commercial/residential multi-use building. Currently used as a private residence, with 18+ rooms, including 8 bedrooms and 3 full modern baths and 2 half baths, this versatile space is ideal for use as a boutique inn, event venue, private residence, or live/work setup. Inside, you'll find heart pine floors, restored original cabinetry, a large entertainment hall (15'x46') with antique sliding doors, a spacious pantry, laundry room, modern stainless appliances, and negotiable vintage kitchen pieces. Notable upgrades include a tin roof (2018), solar panels with Tesla battery backup (2020), central HVAC on each floor, Berber commercial carpet, bead board insulation, shotgun-style hallways, and 11' ceilings. The third floor serves as an art studio with additional attic storage potential. Federal grants have funded major infrastructure improvements including a commercial sewage system (to be completed Sept 2025), a city water tower and modern water system (completed Dec 2024), freshly paved roads, and updated street signage. Outdoor features include a fenced yard with two electric gates, a 2-car garage, three porches, ample guest parking, an equipment shed with attached guest bath, and an exterior staircase with a wench for lifting items to upper floors. Make an appointment today to see all this beautiful property has to offer.
Property Facts
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-3N-12-0004-0190-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,636 |
Property Taxes
Parcel Number
01-3N-12-0004-0190-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,636
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Presented by
Florida Showcase Realty LLC
1748 Georgia St - Satsuma Hotel
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