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Historic Boutique Hotel & Restaurant
For Sale
$5,500,000

400 E Nelson Ave, Defuniak Springs, FL 32433

Fully restored 12-room boutique hotel with an established restaurant, bar, and on-premises package liquor sales.

Property SizeContact for details
Days on Market168

Property Features for 400 E Nelson Ave

General Information

Standard status Active

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Year Built 1920
Year Renovated 2017
Listing Agency: Naylor Realty And Associates
Listed By: Bruce R Naylor · License #3200732
Source: Exprealty
Added: Mar 9 Changed: Aug 20 Last Checked: Aug 22 at 1:52PM

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 Naylor Realty And Associates

Investment Insights

Based on property information with market context.

This fully restored, furnished boutique hospitality property features 12 guest rooms and an on-site food and beverage operation. The offering includes Café Nola and the Bourbon Street Lounge, along with a package liquor store. A restoration was completed in 2017, and the property is presented as a turnkey operation with a maintained brand identity.

The hotel is located in the historic downtown district of DeFuniak Springs, within a Victorian village setting. The public remarks describe the area as supported by tourism and local events, with the property positioned about 30 minutes from the Emerald Coast’s white sand beaches.

For an owner-operator or hospitality investor, the combination of lodging plus restaurant and bar service, along with included liquor licensing for on-premises alcohol sales and carry-out sales, supports a diversified in-house guest experience. The property was originally constructed in 1920 as a Masonic lodge and has been positioned as an iconic historic destination following its restoration.

Key Highlights

  • Fully restored 12‑room boutique hotel in downtown DeFuniak Springs
  • On‑site established restaurant and bar: Café Nola and Bourbon Street Lounge
  • Includes a 4COP liquor license for alcohol sales on premises and carry‑out sales

Property Analytics

Current Use

Cafe Nola Defuniak Restaurant Hotel Defuniak Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Pharmacy HVAC Service Building Supply

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

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 32433, FL

18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Fully restored 12-room boutique hotel with an established restaurant, bar, and on-premises package liquor sales.
Where is this hotel located?
The property is located at 400 E Nelson Ave Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Fully restored 12‑room boutique hotel in downtown DeFuniak Springs; On‑site established restaurant and bar: Café Nola and Bourbon Street Lounge; Includes a 4COP liquor license for alcohol sales on premises and carry‑out sales
More about this property
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