FOR SALE

FULLY OPERATIONAL TURN-KEY

BED & BREAKFAST

JENSEN BEACH, STUART, FLORIDA

This magnificently refurbished 10,000 square foot building with old world

charm was originally built in 1893. Original structure was destroyed in the Jensen

Beach fire of 1903. Located on the main drag into town and situated off a major

roundabout intersection. The present footprint was redeveloped to above the re-

quirements for hurricane protection. The entire building has been completely reno-

vated. It has reinforced cement exterior walls, 160 mph impact resistant windows

that are framed in such a way that the structure is pretty much impregnable. Sepa-

rate building houses a U.S. Army generator to power the building incase of another

hurricane or other calamity. Located right on Jensen Beach Blvd. in downtown

Jensen Beach, Florida, it is the home of two diverse businesses. Downstairs, a newly

leased full service seafood restaurant, bar and lounge. It has been completely

renovated and furnished. There are 238 total seats; two dining rooms; spacious

lounge area off the bar; a 60 seat outside patio under an awning; zoned speaker

system; flat screen televisions; and two state of the art kitchens with every piece of

restaurant equipment imaginable. All connected with a top of the line Point Of Sale

System. Also included are small wares, pots, pans and dishes that will service two

complete restaurants.

Exquisite back-lit, hand-etched glass with

marine themes are in both restrooms.

Painstakingly detailed marine–

theme stained glass panels

throughout restaurant.

Finely detailed hand-painted Florida

murals throughout two dining rooms.

Airy porch for outdoor dining,

drinking and entertainment off the

bar area.

Upstairs is a six-room bed and breakfast / inn that is also completely renovated. There also is a 1500 square foot two bedroom penthouse along with separate two-bedroom manager’s office/apartment

that can be used as another income-producing apartment. The Interior décor is comprised of four-

teen local and imported woods with hand-painted marine-themed murals in each room. Each bed and breakfast room has its own Floridian theme, central air, bathrooms with brushed nickel fixtures,

plantation shutters, 40 inch Sony flat widescreen television and DVD player along with top of the

line quality furnishings that include Henredon, Tommy Bahama, Ralph Lauren, Vanguard and Sim-mons Beauty Rest. The penthouse has an on roof patio garden with views of intra-coastal waterway,

ocean and downtown Jensen Beach. Everything in the building is included except penthouse fur-

nishings and two leased pieces of restaurant equipment. This is a one of a kind property with many options for income from top to bottom.

GUEST ROOMS

ENTRANCE TO GUEST SUITES ON 2ND FLOOR

HALLWAY TO GUEST ROOMS

GUEST ROOMS

HAND-PAINTED FLORIDA-THEMED MURALS

IN EVERY ROOM.

Henredon, Tommy Bahama, Ralph Lau-

ren, Vanguard Designer furniture and

Simmons Beauty Rest mattresses in all

rooms. Many decorative lamps, mirrors

and accessories (also included in sale).

SEPARATE OWNER’S APARTMENT

AND MANAGER’S OFFICE

Spaciousness, hand-painted wall murals and premium organic materials are the hallmark of

this unit. This spaciaous 1,500 square foot two-bedroom penthouse along with separate one

bedroom manager’s office/apartment can be used as another income producing units. The inte-

rior décor is comprised of fourteen local and imported woods with hand-painted murals in each

room. There . Large granite countertops with beautiful grain inclusions; floor to ceiling wood-

work; painstakingly-detailed, hand-painted marine scenes; high ceilings; open space; specta-

cular roof-top deck with views of the bay and many amenities all contribute to making this an

exquisite living space. Preliminary discussions have yielded the possibility of conversion

to condominium.

OWNER’S APARTMENT

ROOF DECK VIEW OF THE BAY AND

SURROUNDING ART GALLERIES.

ONE BLOCK FROM BAY.

SURROUNDING ART GALLERIES

AND SHOPPING BOUTIQUES.

FAÇADE WITH TRAFFIC ON MAIN DRAG.

ROUNDABOUT WITH HIGH VISIBILITY ON

MAIN DRAG INTO TOWN. ONE BLOCK

FROM BAY.

Restaurant—and bar under a three-year lease with two 5-year options. Lease income is

$12,000 per month ($144,000 per year). Taxes ($14,000 annual total) and insurance (($15,600 an-nual total) are split between owner and lessor).

Guest Rooms—Same lessor is running the guest rooms upstairs. There are six guest rooms.

All rooms revenue over $1,500 per month is split with the owner.

Owner’s Apartment—The spacious, beautiful 1,500sf, 2BR, 1.5 owner’s apartment can possi-

bly be converted into a condominium and sold off separately. It has a roof deck with a spectacu-lar view of the bay. The owner already checked with a real estate attorney who informed him that it is feasible to convert it to a condo. This involves a legal application process. A couple of local agents have informed that an apartment such as that would bring about $1.2 - $1.5 million in a normal market.

Manager’s Quarters— There is also a 1BR, 1 BA manager’s apartment. On the second floor.

Owner has over $5 million into the completely renovated building.

All offers will be considered.

DETAILS