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Penny Farthing Inn 83 Cedar St 9 Room Bed and Breakfast Saint Augustine, FL 32084 $2,250,000 ($250,000/Room) 8.57% Cap Rate
INVESTMENT HIGHLIGHTS
- 9 Room Bed & Breakfast in Historic St. Augustine
- Quiet street, On-site parking
- Profitable and well-established business
- Located near attractions, restaurants and historic sites
- Beautifully appointed rooms, all en-suites
- Highly rated on TripAdvisor
EXECUTIVE SUMMARY
The Penny Farthing Inn is a charming 9-room Victorian bed-and-breakfast nestled in the heart of St. Augustine’s historic district. Located on a quiet street, this elegant inn offers a peaceful retreat while being just blocks away from the city’s iconic historic sites, renowned restaurants, and popular attractions.
Guests enjoy on-site parking, beautifully appointed rooms, and personalized hospitality, earning the inn high praise on TripAdvisor.
A profitable and well-established business, it combines timeless charm with modern comfort, making it an exceptional destination for visitors and a lucrative opportunity for potential owners.
For inquiries, contact Rich O’Brien at 904-814-2080
Guests enjoy on-site parking, beautifully appointed rooms, and personalized hospitality, earning the inn high praise on TripAdvisor.
A profitable and well-established business, it combines timeless charm with modern comfort, making it an exceptional destination for visitors and a lucrative opportunity for potential owners.
For inquiries, contact Rich O’Brien at 904-814-2080
PROPERTY FACTS
| Price | $2,250,000 | Building Size | 3,794 SF |
| Price Per Room | $250,000 | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.57% | Year Built/Renovated | 1893/2002 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Bed and Breakfast | Parking Ratio | 3.16/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.18 AC | Opportunity Zone |
Yes
|
| Zoning | RG-1 - RG-1 | ||
| Price | $2,250,000 |
| Price Per Room | $250,000 |
| Sale Type | Investment |
| Cap Rate | 8.57% |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 3,794 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built/Renovated | 1893/2002 |
| Tenancy | Single |
| Parking Ratio | 3.16/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | RG-1 - RG-1 |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $228.00 | - |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 203300-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,337,160 |
PROPERTY TAXES
Parcel Number
203300-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,337,160
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Penny Farthing Inn | 83 Cedar St
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