63 Orange St, St Augustine, FL

Others for Sale - $3,499,000


Agent Info

Rich OBrien

Property Info

CIMLS#1153778
Location
  63 Orange St
  St Augustine FL 32084
UpdatedJanuary 29th, 2024
TypeOthers
Price$3,499,000

Property 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. Sold Turnkey; Fully Furnished.


Financials


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