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    83 Cedar St Saint Augustine, FL 32084-4311

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    83 Cedar St Saint Augustine, FL 32084-4311


    • Bed & breakfasts
    • 3,018 SF
    • 0.18 lot acres
    Off-Market
    Property ID
    US18-0129777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Penny Farthing Inn Bed and Breakfast / Bed & Breakfast / Restaurant

    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 Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,623,000
      Market price range: $922k - $1.62M
      AI Estimate
      $1,623,000
      Market price range: $922k - $1.62M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,230,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,014
    $0.00
    $0.00
    $1,445,500
    -
    $392,050
    $1,053,450
    $1,445,500
    More about this property
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