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Bliss by the Sea Bed & Breakfast

St. Augustine, FL Offered for sale at $8,295,000

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 6000 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)

Experience the perfect blend of coastal charm and modern luxury at Bliss by the Sea Hotel – a sought-after hotel for travelers and an home-run investment opportunity for the right buyer.

Contact listing agent, Rich O'Brien, 904-814-2080 for information and to arrange showings. 24 hour notice please. L/A must arrange & attend all showings. Buyers must provide proof of funds prior to showing and receiving financials.

*** New Drone Video: https://youtu.be/NUl49PVlXYg ***