$1,875,000
$2,050,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
8,604 SqFt
SOLD DATE : 04/29/2021
Key Details
Sold Price $1,875,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,604 sqft
Price per Sqft $217
Subdivision Fernandina Beach
MLS Listing ID V4916548
Sold Date 04/29/21
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1905
Annual Tax Amount $25,830
Lot Size 0.690 Acres
Acres 0.69
Property Description
The historic Hoyt House B&B delivers a wonderful experience of southern hospitality and relaxed comfort. The inn offers 10 luxury rooms (all with en suite baths), an outdoor heated pool and hot tub, a fully licensed English pub, gourmet breakfasts and more. The large owner’s quarters (1400+ sq. ft.) consists of two bedrooms, two baths, a full kitchen and laundry, a whirlpool tub, skylights and oodles of storage. Occupying the entire third floor, the owner’s quarters are separate from the hustle and bustle of the inn, but with a very short commute to work!
Located in the historic seaport village of Fernandina Beach, Florida, Amelia Island, is a breath-taking barrier island off the northern Florida coast, featuring 13 miles of pristine beaches, giant oaks dripping with Spanish moss, historic attractions, boutique shops, restaurants, and more. Amelia Island history dates back to 1562. It has been a leisure, getaway and family vacation destination for decades and was recently named a Top 10 U.S. Island destination by Travel + Leisure Magazine. The beautiful blue Hoyt House Bed & Breakfast sits within the Historic District and is close to the charming shops, art galleries and restaurants that Fernandina Beach is known for. Since it is centrally located within an easy drive of several cities (including Savannah, Orlando, St. Augustine, Jacksonville and others), the Hoyt House B&B draws mid-week and weekend travelers alike. With a strong Average Daily Rate, and an opportunity for additional occupancy growth, this inn boasts financial strength and a significant bottom line. The great lifestyle is a bonus!
Location
State FL
County Nassau
Community Fernandina Beach
Zoning C-3
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Structure Type Concrete,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE
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