1001 Nights is a Luxury Moroccan/Spanish style bed & breakfast located in the historic heart of Saint Augustine, FL. This exquisite property boasts 8 elegantly designed rooms, each offering a unique blend of luxury and comfort. Recently, it underwent a comprehensive renovation, enhancing both the interior spaces and the exterior appeal. Upgrades include modern amenities in all rooms, ensuring a premium guest experience. The property also features improved parking facilities. Its strategic location in St. John’s County, a high-volume tourist destination, makes it a prime investment opportunity. 1001 Nights enjoys a high occupancy rate and Average Daily Rate (ADR), contributing to a robust net operating income, making it an attractive proposition for those looking to enter or expand in the thriving hospitality market. Sold Turnkey; Fully Furnished.
63 Orange St, Saint Augustine, FL, 32084
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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