For Sale
$1,895,000

2 Mulvey StSt. Augustine, FL 32084

Turnkey 8-Unit Hotel, Downtown

Overview

Added:
Dec 11, 2024
Days on market:
114
This beautifully remodeled 8-unit boutique hotel in the heart of historic St. Augustine, Florida, presents a remarkable investment opportunity. Priced at $1,895,000, this turnkey property boasts eight bedrooms, each with a private bathroom. All furniture, linens, appliances, and garage parking passes are included in the sale. The seller will also transfer ownership of all associated social media accounts, Google Business Portfolio, and the hotel website. Significant recent renovations totaling approximately $200,000 have enhanced both the interior and exterior. Interior upgrades, costing roughly $125,000, encompass four completely renovated rooms with luxury bathrooms, plus three additional rooms featuring soundproofing, fresh paint, and updated fixtures. New furniture, linens, and mattresses were installed throughout. The eighth unit has served as storage. Exterior improvements, valued at approximately $75,000, include a fresh coat of paint, updated landscaping, new lighting, fencing, fountains, artificial turf, a pergola, a renovated driveway, and the addition of palm trees. This property is ready for immediate operation and offers a unique blend of charm and modern amenities in a prime location. Located at 2 Mulvey Street, St. Augustine, FL 32084.

Highlights

  • Asking Price: $1,895,000
  • Turnkey 8-unit boutique hotel in downtown St. Augustine, FL
  • Eight bedrooms, each with a private bathroom
  • Includes all furniture, linens, appliances, and garage parking passes; seller provides access to online marketing materials.

Property Details for 2 Mulvey St

Property type
Land, Hospitality properties

Location Insight

City
St. Augustine
County
St. Johns
State
Florida
Latitude
29.8970716
Longitude
-81.3186178
2 Mulvey St, St. Augustine, Florida

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2 Mulvey St
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