Vilano Beach Hotel Picked for $22M

Innisfree Hotels acquired the Hampton Inn & Suites by Hilton in St. Augustine-Vilano Beach, Fla. The 94-room property, originally built in 2001 as a high-end condo, is Innisfree’s first hotel in the St. Augustine area. The property sold for $21.185 million. The seller was Pharos Sharpvue Vilano Beach Hotel LLC. It bought the hotel from MCR Hotels of Dallas in 2018 for $15.436 million.

Situated in an Art Deco beach town close to the historic district of St. Augustine, the Hampton Inn & Suites by Hilton is conveniently located near attractions like the Colonial Spanish Quarter, Ponce de Leon’s Fountain of Youth Park, St. Augustine Beach, and the Alligator Farm Zoological Park. Plus, there are numerous dining options within walking distance.

Innisfree Hotels plans to make improvements throughout the property in 2024.