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Florida & Gulf Coast  + Central Florida  + Hospitality  |  July 29, 2022
Pearl of the Sea in St. Augustine has been sold for $6.3 million.
Lisa McDuffie
By: Lisa McDuffie

Pearl of the Sea in St. Augustine Appraised a Gem of a Buy at $6M

Coldwell Banker Commercial has represented the seller in the $6.3-million sale of Pearl of the Sea, previously a luxury bed-and-breakfast in St. Augustine, FL.

Rich O’Brien with Coldwell Banker Commercial Premier Properties represented the seller in the transaction.

The three-story building on State Road AIA, was built in 2002 and is comprised of 13 units. 

“This transaction represents the most significant bed-and-breakfast sale in many years for the St. Augustine area,” said O’Brien. “Given its outstanding Intracoastal location and high-end finishes, the sale represented a fine value.”

Read More News Stories About: Coldwell Banker Commercial
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Coldwell Banker Premier Properties' O'Brien

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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