83 Cedar St St Augustine, FL 32084
- Bed & breakfasts
- 3,018 SF
- 0.18 lot acres
Current Use by Public Records
- Penny Farthing Inn Bed and Breakfast / Bed & Breakfast
Property Details for 83 Cedar St
- Year built
- 1890
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Property size
- 3,018 SF
- Property type
- Bed & breakfasts
- APN
- 203300 0000
- APU
- 2033000000
Description
This exceptional investment opportunity presents the Penny Farthing Inn, a profitable 9-room Victorian bed and breakfast located at 83 Cedar St, St. Augustine, FL 32084. Priced at $2,250,000, this well-established hospitality business boasts a prime location in the heart of St. Augustine's historic district, just blocks from iconic sites, acclaimed restaurants, and popular attractions. Situated on a quiet street, the inn offers guests a peaceful retreat with on-site parking and beautifully appointed rooms. The inn's personalized hospitality has earned consistent high praise on TripAdvisor, reflecting its strong reputation and loyal clientele. The property combines timeless Victorian charm with modern comforts, creating an attractive destination for visitors. This turnkey operation presents a lucrative opportunity for an investor seeking a well-established and successful business in a highly desirable location. The inn's strong performance and positive online reviews demonstrate its potential for continued growth and profitability. Access is easily gained by turning from King Street onto Granada Street, then onto Cedar Street, where the property is located on the left. This is a rare chance to acquire a thriving hospitality business in one of Florida's most captivating historic cities. The property is classified as Hospitality and Land, with zero separate units.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Augustine
- County
- St. Johns
- State
- Florida
- Longitude
- -81.3148
- Latitude
- 29.8903
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA