Old Powder House

St. Augustine, Florida

Asking Price: USD $3,250,000
Guest Rooms: 12    11

Property Overview

The Old Powder House Inn is an elegant Bed and Breakfast
located in the historic heart of St. Augustine featuring a main
9-bedroom/9-bath Inn and a separate 3-bedroom/2-bathroom
property.

The Old Powder House Inn is one of the very few B&Bs within the core “old city” district with on-site parking (9-spaces total). It’s also the closest one to the main walking artery of St. George Street (one block East) giving visitors very convenient access to historic sites such as Harry’s Seafood Restaurant, Castillo de San Marcos, Pirate & Treasure Museum, and countless shops and restaurants. The main Inn has frontage on Cordova Street nestled among mature pecan trees and features nine spacious guest suites each with their own private bath. The separate 3-bedroom cottage boasts a fully stocked kitchen and its own private shaded deck. This is a rare find in the heart of the St. Augustine Historic District.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Near the Beach Beach
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
Terms of Sale:

Possible Owner Financing

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Robert Shelnutt (Broker)
  727 776 2198
Development Consultants Inc

Sq Ft:

4,797

Acres:

0

Year Built:

1900

Last Renovated:

2024

Years in Business:

35
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Financial Overview

Asking Price:

USD $3,250,000

Cap Rate:

8.25%

NOI:

USD $0

Annual Gross Revenue:

USD $608,799

Gross Revenue Multiplier:

0x

Revenue Per Room:

USD $0

Occupancy Rate:

63.64%

Average Daily Rate:

USD $1,298

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