2398 Singleton Ave Mims, FL 32754-3302
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.
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The Wayward Traveler's Inn Bed & Breakfast Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RU-1-13 · Mims, FLMims. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.