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215 Anastasia BlvdSt. Augustine, FL 32080
Voco St. Augustine - Historic Area by IHG
Asset ClassHotel & Hospitality
# Beds50
# Stories: 3Year Built: 2019Access Data Room
This modern, newly constructed asset is one of the most contemporary hotel offerings in the St. Augustine market.
overview of deal

Overview

The Kabani Hotel Group, as the exclusive representative of the seller, is pleased to offer the voco St. Augustine - Historic Area by IHG for sale. This upscale, boutique, 50-room interior corridor hotel spans three stories and is situated on a 0.69-acre parcel at 215 Anastasia Blvd, ideally located between Historic Downtown St. Augustine and St. Augustine Beach.

 

Built in 2019, this modern, newly constructed asset is one of the most contemporary hotel offerings in the St. Augustine market. The property features IHG’s voco branding, known for blending upscale comfort with a distinct personality, and includes premium guest amenities such as BLVD Bistro & Bar, a stylish on-site restaurant and bar serving both hotel guests and walk-in patrons.

 

Strategically positioned just across the Bridge of Lions, the hotel provides immediate access to downtown’s historic landmarks, the St. Augustine Amphitheatre, Lighthouse Park, and Anastasia State Park. Moreover, the property is only minutes from the white sands of St. Augustine Beach, broadening its appeal to sun-seeking vacationers and coastal travelers alike.

 

St. Augustine continues to be one of Florida’s highest ADR-performing secondary leisure markets, driven by its walkable, heritage rich downtown, year-round tourism, and tight development restrictions that limit new hotel supply. This high-barrier-to-entry environment positions the voco St. Augustine as a premium asset with durable cash flow and long-term value appreciation potential.

 

With its exceptional location, high brand equity, revenue diversity through BLVD Bistro & Bar, and upscale finish, this offering presents a rare opportunity for investors seeking institutional-quality hospitality assets in Florida’s most resilient leisure submarkets.

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Investment Highlights

Land
0.69 Acres

• Newer Construction (2019): Built in 2019, the property offers modern architecture, efficient mechanical systems, and minimal nearterm capital expenditure needs, positioning it as one of the most contemporary hotel assets in the St. Augustine market.

 

• Upscale Brand Affiliation: Operates under the voco brand by IHG, an upscale, lifestyle-oriented hotel flag with strong global recognition and growing U.S. market presence.

 

• Strong Guest Reputation: The property enjoys excellent online reviews across major platforms (Google, TripAdvisor, OTA sites), reflecting consistent guest satisfaction, clean accommodations, and reliable service - supporting repeat bookings and strong RevPAR performance.

 

• High-Performing Leisure Market: St. Augustine consistently ranks among Florida’s top secondary leisure markets for ADR and RevPAR, supported by steady tourism, historic charm, and a strong year-round visitor base.

 

• On-Site F&B Revenue: Features BLVD Bistro & Bar, a stylish on-site restaurant and bar that serves both guests and external visitors, driving incremental revenue beyond room income.

 

• Limited New Supply: High barriers to entry due to strict zoning and historic preservation constraints limit new hotel development, protecting the asset’s long-term pricing power and occupancy levels.

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215 Anastasia BlvdSt. Augustine, FL 32080
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