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The Addison on Amelia Island 614 Ash St

14 Room Bed and Breakfast Fernandina Beach, FL 32034 $4,961,145 CAD ($354,367 CAD/Room) 10.14% Cap Rate

Executive Summary

A quality B&B. Highest Trip Advisor ratings. In outstanding physical condition. Location is in a popular resort island destination. Within walking distance of an Historical Beach Town. Very accessible location... 30 minutes from an major airport... 20 minutes from a major interstate. Very good cash flow.

Property Facts

Price $4,961,145 CAD
Price Per Room $354,367 CAD
Sale Type Investment
Cap Rate 10.14%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class B
Lot Size 0.26 AC
Building Size 8,146 SF
No. Rooms 14
No. Stories 2
Year Built/Renovated 1876/2000
Parking Ratio 0.41/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Destination Resort
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

About 614 Ash St , Fernandina Beach, FL 32034

The B&B comprises of three buildings and 14 rooms surrounding a beautiful courtyard. The courtyard is highlighted by a magnificent water fountain. A comfortable sitting parlor, retail gift shop, 14 seat dining room and 10 seat outdoor veranda makes this an inviting beach retreat. A very high repeat customer base. Within walking distance to marinas, shops, restaurants and attractions.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 14 $622.27 CAD -
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-00-31-1800-0038-0080
Land Assessment
$709,469 CAD
Improvements Assessment
$2,451,552 CAD
Total Assessment
$3,161,022 CAD

zoning

Zoning Code C-3
C-3
  • Listing ID: 32625543

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 614 Ash St, Fernandina Beach, FL 32034

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