St George Inn
St George Island, FL
Offered for sale at $2,430,000
David Loving of Matthews Real Estate Investment Services is pleased to present the exclusive listing opportunity for the St. George Inn, a rare boutique hotel located on Florida’s coveted St. George Island at 135 Franklin Blvd, St George Island, FL 32328. This 20-room/suite coastal property is one of only two lodging accommodations on the island, which is consistently ranked among the top beaches in the United States. Built in 1985 and substantially renovated in the early 2000s, the St. George Inn presents investors with strong in-place fundamentals, loyal regional clientele, and multiple value-add opportunities including the potential reintroduction of food and beverage service (subject to permitting).
The property is ideally located within walking distance of beachfront access, local shops, restaurants, bars, and the island’s central commercial corridor. The guestroom mix includes two-bedroom/two-bathroom suites and kitchen-equipped units, appealing to extended-stay travelers, families, and group bookings. The Inn is consistently booked through major online travel platforms, including its recent launch on Airbnb, where it has earned 5-star reviews.
Tourism & Leisure
• St. George Island State Park – Over 250,000 annual visitors
• Apalachicola National Estuarine Research Reserve – Popular eco-tourism destination
• Charter Fishing, Boating & Outdoor Recreation
• Island Festivals & Seasonal Events
• Miles of Gulf-front White Sand Beaches
Nearby Cities
• Apalachicola, FL – 15 minutes west (Historic Downtown & Maritime Hub). A touristic destination complementary to the beaches of St. George Island, with many restaurants and shops
• Tallahassee, FL – 1 hour 50 minutes northeast (Florida’s Capital) with a regional airport (ECP)
• Panama City, FL – 1 hour 45 minutes northwest with a regional airport (ECP)
Accessibility & Drive-to Market
• Serves strong regional drive-in markets from Florida, Georgia, Alabama, and Tennessee
• High repeat business from leisure and seasonal travelers
• Accessible via US-98 (East/West), FL-65 (North/South), and FL-300, connecting to I-10 and major highways
Investment 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 1985 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.
Attractive Demographics & Strong Regional Drive-to Demand
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
Financial Details- Offered for sale at $2,430,000
- Occupancy Rate: 51.37
- Average Daily Rate: 154.59
- Annual revenue is $610,101
- Prequalify for Financing
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