221 SE 7th StreetGainesville, FL 32601Price: $1,250,000

The Laurel Oak Inn is a landmark Victorian hospitality property located on one of north central Florida's most historically significant streets, just steps from downtown. Originally built in 1885, this grand mansion has long been regarded as one of the crown jewels of the district and underwent a comprehensive restoration in 2005 to preserve its architectural integrity while modernizing its systems and functionality. The inn features nearly 1,000 square feet of covered wraparound porches showcasing classic Victorian woodwork and providing an inviting outdoor gathering space. The interior offers tall ceilings, expansive windows, extensive millwork, and original heart pine floors throughout. The main level includes a spacious living room, formal dining room, guest suite with en suite bath, half bath, and a large eat-in kitchen designed to support hospitality operations. The second floor houses laundry facilities and four additional guest suites, each with a fireplace and private en suite bathroom. The third level features a private penthouse apartment with two bedrooms, two bathrooms, a kitchenette, a dining area, a living room, and an office, making it ideal for an owner-operator residence, extended stay guests, or multigenerational use. Set beneath mature laurel oaks draped in Spanish moss, the grounds provide a serene setting well suited for events or guest enjoyment. The property is approved for a liquor license and restaurant license and has a proven operating history as a successful historic inn. It is offered with the option to convey fully furnished, allowing for a true turnkey hospitality investment. The Laurel Oak Inn presents a rare opportunity to acquire a distinguished, income-producing historic property with flexible use potential in one of Gainesville's most desirable and walkable districts.