Bliss by the Sea Bed and Breakfast | 7605 A1A S
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Bliss by the Sea Bed and Breakfast 7605 A1A S
10 Room Hotel Saint Augustine, FL 32080 $8,295,000 ($829,500/Room)
Investment Highlights
- Prime Location: 100 feet of Intracoastal Waterway frontage in historic Saint Augustine, Florida
- Owner's Paradise: 3,500 sq ft penthouse with private rooftop deck and stunning views
- Boater's Dream: Two-level boathouse with two boat slips and second-floor entertainment space
- Luxurious Accommodations: 10 upscale en-suite guest rooms, elegantly renovated and redecorated
- Amenities Galore: Pool, outdoor jacuzzi, on-site breakfast restaurant
- Event Ready: Ideal for weddings and private events with panoramic views
Executive Summary
Your Next Business Acquisition, Primed for Growth (with the hard part out of the way)
Revamped, Rebranded, and Revenue-Generating: Your Next Success Story
Guided by a hotel industry veteran, this former rehabilitation center underwent a nine-month renovation starting in August 2022, completely overhauling both interior and exterior. Since opening in May 2023 as Bliss By The Sea, the hotel has accumulated over 1,000 5-star reviews across Google, Booking.com, Airbnb, and other platforms. In addition to being a top-ranked property on OTAs, the hotel's organic traffic has grown to over 6,000 users per month within 1-year and continues to climb.
When compared to a CoStar/STR report, the average room rental rate for 2024 is above the median RevPAR of competitors in the area. With a strong, established foundation, we've set up the new owner for a home-run.
Turnkey Operation - Advanced technology allows you to manage every aspect of the business effortlessly:
- Guests book rooms directly through various OTAs and receive codes automatically
- Hard physical key backups ensure continuity in case of technological disruption
- Centralized control and automated reporting for room access, HVAC, and pool systems
- GM with a technology industry background has built the system for immediate handoff
- Reliable cleaning staff in place
- Kitchen leased with breakfast prepared daily by a professional chef
Huge Potential for Value Add
- Open the third-floor penthouse suite and rooftop for an instant jump in revenue:
- Currently staff-occupied with five additional bedrooms
- Potential to rent as individual rooms, as a master penthouse suite, or for events
- Rooftop offers panoramic views of Crescent Beach and Matanzas River
- Comparable rooftop event venues charge $3,000-$5,000 per event, not including room rentals
Strong Financial Performance:
- Average room rental rate currently above median RevPAR of competitors (Costar analysis)
Business value included in the sale.
NEW DRONE VIDEO: https://youtu.be/NUl49PVlXYg
Revamped, Rebranded, and Revenue-Generating: Your Next Success Story
Guided by a hotel industry veteran, this former rehabilitation center underwent a nine-month renovation starting in August 2022, completely overhauling both interior and exterior. Since opening in May 2023 as Bliss By The Sea, the hotel has accumulated over 1,000 5-star reviews across Google, Booking.com, Airbnb, and other platforms. In addition to being a top-ranked property on OTAs, the hotel's organic traffic has grown to over 6,000 users per month within 1-year and continues to climb.
When compared to a CoStar/STR report, the average room rental rate for 2024 is above the median RevPAR of competitors in the area. With a strong, established foundation, we've set up the new owner for a home-run.
Turnkey Operation - Advanced technology allows you to manage every aspect of the business effortlessly:
- Guests book rooms directly through various OTAs and receive codes automatically
- Hard physical key backups ensure continuity in case of technological disruption
- Centralized control and automated reporting for room access, HVAC, and pool systems
- GM with a technology industry background has built the system for immediate handoff
- Reliable cleaning staff in place
- Kitchen leased with breakfast prepared daily by a professional chef
Huge Potential for Value Add
- Open the third-floor penthouse suite and rooftop for an instant jump in revenue:
- Currently staff-occupied with five additional bedrooms
- Potential to rent as individual rooms, as a master penthouse suite, or for events
- Rooftop offers panoramic views of Crescent Beach and Matanzas River
- Comparable rooftop event venues charge $3,000-$5,000 per event, not including room rentals
Strong Financial Performance:
- Average room rental rate currently above median RevPAR of competitors (Costar analysis)
Business value included in the sale.
NEW DRONE VIDEO: https://youtu.be/NUl49PVlXYg
Property Facts
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $88.00 | - |
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PROPERTY TAXES
| Parcel Number | 185550-0280 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,494,594 |
PROPERTY TAXES
Parcel Number
185550-0280
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,494,594
zoning
| Zoning Code | CHT/R3 (Typical Uses in this category include commercial indoor recreation, archery facilities, entertainment, retail, hospitality, and general business) |
| CHT/R3 (Typical Uses in this category include commercial indoor recreation, archery facilities, entertainment, retail, hospitality, and general business) |
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Bliss by the Sea Bed and Breakfast | 7605 A1A S
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