Building Details

Year Built 1930

Listing Agency: FLORIDA SHOWCASE REALTY, LLC

Listed By: JOELLE E ROBERTS Show Phone

Source: Corcoran

Added: May 27, 2025 Changed: Mar 16 Last Checked: Sep 12 at 7:47AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA SHOWCASE REALTY, LLC

Investment Insights

Based on property information with market context.

The historic Satsuma Hotel, a 5,076 sq ft property on a 0.64-acre lot in downtown Alford, Florida, is grandfathered in as a commercial/residential multi-use building. Currently used as a private residence, this versatile space features over 18 rooms, including 8 bedrooms, 3 full modern baths, and 2 half baths. It is suitable for use as a boutique inn, event venue, private residence, or live/work setup. The interior includes heart pine floors, restored original cabinetry, a large 15'x46' entertainment hall with antique sliding doors, a spacious pantry, laundry room, modern stainless appliances, and negotiable vintage kitchen pieces. 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. 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. 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.

Key Highlights

• Grandfathered commercial/residential multi‑use status in downtown Alford.
• Significant infrastructure upgrades including a commercial sewage system (Sept 2025) and a modern water system (Dec 2024).
• Sustainable features including solar panels with Tesla battery backup (2020) and a tin roof (2018).

Property Analytics

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Current Use

Bed & breakfasts

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair Barber Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 32420, FL

2,289

Population

1,540

Households

1.5

Avg Household Size

48

Median Age

10%

College-Educated

83%

High-School Grad

53.0 sq mi

ZIP Area

43

Density / Sq Mi

$46,455

Median Household Income

$43,183

Median Earnings

$775

Median Rent

$118,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Bed & breakfast - Unique 5,076 sq ft property ideal for various uses.

Where is this bed & breakfast located?

The property is located at 1748 Georgia Street Alford, FL.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Grandfathered commercial/residential multi‑use status in downtown Alford.; Significant infrastructure upgrades including a commercial sewage system (Sept 2025) and a modern water system (Dec 2024).; Sustainable features including solar panels with Tesla battery backup (2020) and a tin roof (2018).