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44 Spanish Street Inn 44 Spanish St 8 Room Hotel Saint Augustine, FL 32084 $2,150,000 ($268,750/Room) 7.95% Cap Rate

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INVESTMENT HIGHLIGHTS

8 Room Bed & Breakfast Type Inn with potential to expand to 10 Rooms
Strong 4.3-Star Guest Reviews
On-site parking space with off-site spaces reserved for guests

Private brick courtyard and dining area for guests
Distinctive Victorian architectural character
Prime Walkable Location Next to St. George Street

EXECUTIVE SUMMARY

Discover an extraordinary opportunity to own 44 Spanish Street Inn, an 8-room, bed & breakfast steps from iconic St. George Street and Flagler College in the Historic District of St. Augustine, Florida. This charming property blends timeless architecture with modern comforts, offering guests beautifully appointed, air-conditioned rooms with flat-screen TVs and complimentary Wi-Fi. Guests awaken to a complimentary full breakfast and relax in the tranquil garden courtyard or on the shaded terrace before exploring the walkable wonders of America’s oldest city. Beyond its proven income as a bed & breakfast, this property’s prime location and multiple commercial use potential allows for transformation into a boutique inn with a café, a restaurant, or retail offerings to capture additional revenue streams in one of Florida’s most visited historic districts. Whether you’re an investor seeking a high-demand short-term rental asset or an entrepreneur ready to blend hospitality with lifestyle in a vibrant community, 44 Spanish Street Inn is your gateway to owning a piece of St. Augustine’s timeless appeal. Contact us today to schedule your confidential showing and explore how this property can become your next landmark investment.

Brochure _44 Spanish Street

44 Spanish Survey

HP-3 Zoning Description-Sec._28_185.___Historic_preservation_district__HP_3.

PROPERTY FACTS Under Contract

Price	$2,150,000	Building Size	3,560 SF
Price Per Room	$268,750	No. Rooms	8
Sale Type	Investment	No. Stories	2
Cap Rate	7.95%	Year Built	1900
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	0.56/1,000 SF
Building Class	C	Corridor	Interior
Lot Size	0.09 AC
Zoning	Historic Preservation 3 - This district is intended to provide a mix of commercial & residential uses that will encourage the restoration & reproduction of historic structures.

Price	$2,150,000
Price Per Room	$268,750
Sale Type	Investment
Cap Rate	7.95%
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.09 AC
Building Size	3,560 SF
No. Rooms	8
No. Stories	2
Year Built	1900
Tenancy	Single
Parking Ratio	0.56/1,000 SF
Corridor	Interior
Zoning	Historic Preservation 3 - This district is intended to provide a mix of commercial & residential uses that will encourage the restoration & reproduction of historic structures.