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Property profile & analytics
OFF-MARKET
Bed & breakfasts

2398 Singleton Ave Mims, FL 32754-3302

3,436 SF 0.43 ac lot Built 1940
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-1914753
Property summary
AI-generated overview

This historic 2-story motel, originally built in 1859 and extensively renovated in 1949 and 2022, presents a unique investment opportunity in Mims, Florida. Boasting 6 bedrooms and 6 bathrooms, this 2,680 square foot property operates as a successful bed and breakfast with strong bookings and excellent reviews. Recent upgrades include new dual-zone AC units and ductwork, a new septic system (2020), solar panels (2020), fresh paint (2022), updated landscaping, a new parking lot, and exterior security cameras. The property is zoned for bed and breakfast use and benefits from its proximity to numerous attractions, including wedding venues, the Kennedy Space Center, Merritt Island Wildlife Refuge, Playalinda Beach, and the Cape Canaveral National Cemetery. Its location is also convenient to the Rails to Trails, attracting cyclists and kayakers, particularly during the summer bioluminescence season. Adding to its income potential, a detached garage is accessible via a second driveway off SR46, and an RV space in the rear generates additional rental income ($800/month Oct-Mar, $600/month Apr-Sept). Financial details are available upon request. This turnkey property is offered at $580,000. The property is privately owned.

Property profile
Verified
Property type Bed & breakfasts
Use group BED & BREAKFAST
Year built 1940
Construction WOOD
Total area 3,436 SF
Lot 0.43 ac (18,731 SF)
Zoning code RU-1-13
APN 21-35-18-00-00818.0-0000.00
UPID US18-1914753
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Wayward Traveler's Inn Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roan W Poulter · 1 yrs held
Roan W Poulter
since 2024
Last sale
$314,300
7 recorded transactions
2024
$314,300
2015
$84,900
2014
Price N/A
2004
$350,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RU-1-13 · Mims, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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