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135 Franklin Blvd, Eastpoint, FL, 32328

ST. GEORGE INN
$2,430,000

Key Information

Cap Rate
10%
$ per SF
$150
Tot. SF
16,109
$ per unit
$121,500
Units
20
Year Built
1986
Type
Hospitality
Occupancy
51.37%
NOI
$243,881

Highlights

Unique Island Positioning

The St. George Inn is One of Only Two Hotel Properties Located on St. George Island, a Barrier Island Consistently Ranked Among The Top Beaches IN The United States. Its Irreplaceable Location Provides Built-IN Demand From Leisure Travelers Seeking Authentic Beach Experiences IN an Unspoiled Gulf Coast Setting.

Diverse Room Mix With Suite Configurations

The Property Comprises 20 Guest Rooms and Suites Spread Across Three Floors, With Multiple Two-Bedroom, Two-Bathroom Configurations and Some Rooms Featuring Kitchenettes OR Full Kitchens. All Rooms Have a Minimum of a Mini-Refrigerator and a Microwave.

Established History & Operational Upside

Originally Built IN 1986 and Remodeled IN the Early 2000s to Increase Capacity, the Inn Has Operated Under the Current Ownership Since 2004. While Historically Profitable, the Property Has Experienced Limited on-Site Leadership, Presenting a Compelling Opportunity for New Ownership to Re-Energize Operations and Marketing.

Highly Rated Across Multiple Major Travel Sites

The Inn Serves a Loyal Customer Base From Florida, Georgia, Alabama, and Tennessee, With a High Proportion of Repeat Guests. it is Marketed Across Leading Online Travel Platforms Including Airbnb (Launched February 2025 With All 5-Star Reviews), Booking.Com, Expedia, and Tripadvisor. Walk-IN Business Also Supplements Reservations During Peak Season Due to Its Highly Visible Location.

Multiple Value-Add Opportunities

There is Potential to Increase Revenue Through Enhanced Management, Digital Marketing, and The Reintroduction of Food & Beverage Service, Subject to Local Permitting. a Large Air-Conditioned Ground-Floor Space, Currently Used for Storage and Operations, Could Also Be Repurposed. However The Space is Not Insurable, as it is Located Below 8 Feet IN Elevation.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203