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24406891
24406889

914 Atlantic Ave, Fernandina Beach, FL 32034

PG
FL SL3266689
The Multifamily Firm
KK
FL SL3256975
The Multifamily Firm
Listed by The Multifamily Firm
$7,250,000
337 days on market
Updated 83 days ago

Amelia Schoolhouse Inn

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 10,117
Keys 18
Cap Rate 7.18%
Occupancy 65%
Pro-Forma Cap Rate 8.53%
Year Built 1886, 1973
Year Renovated 2017-18
Buildings 2
Stories 2
Acreage 0.570
Parking Spaces 21 spaces
Parking Per SqFt 2.08
Investment Type Value Add
Occupancy Date 03/12/2026
Ownership Fee Simple

Turnkey Boutique Hotel w/ Liquor Licensed Upscale Bar | Rare On-Site Parking & Major Upside

Marketing description

The Multifamily Firm is pleased to present the Amelia Schoolhouse Inn, a premium boutique hotel uniquely positioned in the heart of Amelia Island’s historic core. This fully renovated, turnkey asset seamlessly blends rich character with modern infrastructure, offering 17 well-appointed guest rooms within the main historic structure along with an additional one-bedroom unit housed in a separate rear building; ideal for staff housing, supplemental rental income, or future guest use.

The property features a rare upscale bar, a significant differentiator in the downtown market, driving both guest spending and local patronage. Guests also enjoy premium amenities including a heated swimming pool, event-friendly courtyard, putting green, and valuable on-site parking, an exceptional advantage in this tightly constrained district. Averaging approximately $1.3 Million in Gross Income over the last 3 years, the hotel demonstrates strong in-place performance with clear upside through strategic rate adjustments and operational enhancements.

Uniting historic charm, a prime walkable location, and consistent financial performance with clear avenues for future growth, the Amelia Schoolhouse Inn represents an exceptional opportunity to acquire a distinguished coastal asset positioned for lasting value, substantial income, and enduring appeal.

View Offering Memorandum for Financial Details!

Investment highlights

  • REVISED List Price w/ $250K Reduction | Updated Trailing 12 Month Financials Available Upon Request

  • Premium Boutique Hotel in Amelia Island’s Historic Core | Fully Renovated, Turnkey, Liquor Licensed w/ Upscale Bar, Rare Parking & Major Upside

  • Trailing 3-Year Average Annual Gross Income of $1.3 Million, with Significant Upside Potential

  • Extensive Top-to-Bottom Renovation/Restoration in 2018 | Structure Stripped to its Shell, Fully Replacing All Plumbing, Electrical, & HVAC Systems to Modern Code

  • Liquor Licensed w/ Upscale Hotel Bar | “The Principal’s Office”, One of the Only Hotel Bars in the Downtown Area, Providing a Strong Competitive Edge

  • Turnkey Operational Model | Stabilized Operations w/ Zero Deferred Maintenance & On-Site Management Handling All Day-to-Day Responsibilities

  • 18 Total Units Included | 17 Guest Rooms in Main Building Plus 1 Additional Unit in Rear Building, Offering Potential for Rental Income, Staff Housing, or Future Guest Use

  • Additional On-Site Infrastructure | Separate Building Includes Full Housekeeping/Laundry Facility & One-Bedroom Apartment

  • Premium Guest Amenities | Heated Swimming Pool, Courtyard w/ Live Music/Event Space, Putting Green, & Brick Paver Hardscaping Throughout

  • Rare On-Site Parking | Valuable Amenity in Downtown Core w/ Limited Parking Availability

  • Downtown Fernandina Beach Location | Unbeatable Setting in the Heart of Amelia Island’s Historic Core; Walkable to Marina, Restaurants & Retail

Listing Contacts

PG
FL SL3266689
The Multifamily Firm
KK
FL SL3256975
The Multifamily Firm
Listed by The Multifamily Firm

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