Waterfront - Seller Financing
Address
600 68th AVENUE, ST PETE BEACH, FL
Price
$ 5,100,000
Property Attributes
- MLS#T3498073
- TypeCommercial
- CountyPINELLAS
- CityST PETE BEACH
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodSt Petersburg Beach 1St Add
- Zip33706
- StyleHotel/Motel
- Year Built1949
- Taxes$ 63794
- Price$ 5,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5980
- Lot Size0.37 Acres
Data Source:
Stellar MLS
Property Description
Embrace the extraordinary chance to acquire a fully operational, beautifully renovated boutique motel at the heart of St. Pete Beach, acclaimed for its unspoiled splendor and acclaimed as America's top beach by TripAdvisor in 2021. This exclusive resort, featuring 12 meticulously crafted units, each with direct pool access, is a sanctuary of luxury and convenience. The motel comprises 12 versatile units, including a spacious 2-bedroom suite, six elegant 1-bedroom units with full kitchens, four efficient units also with full kitchens, and a charming micro efficiency unit with a mini-fridge. A comprehensive renovation has elevated this property to a 5-star status, with each unit boasting modern mini-split AC systems, polished kitchens with shaker cabinets and granite countertops, and bathrooms with exquisite turquoise tilework. The resort is further enhanced with new interior and exterior paint, contemporary beach-style plank flooring, and updated plumbing and electrical systems. The roof, redone in 2017, and a stylishly remodeled pool area, completed in 2020, add to the property's appeal. The pool area, adorned with majestic Royal Palm trees, offers a lavish setting with ample outdoor furniture, two grills for al fresco dining, and a sun shelf for ultimate relaxation. Each unit has its own beach storage crate, complete with a beach wagon and chairs, for guest convenience. Just a 3-minute stroll away lies the soft sands of Upham Beach, with beach bikes available for those seeking to explore further. Located on the beach side of Gulf Blvd, this property is a stone's throw from an array of exquisite beachfront dining, bars, shops, and vibrant nightlife. Currently operated as a successful Airbnb, with available financial records, this property holds a valuable motel license for short-term rentals, a significant asset for the new owner. This is more than a property; it's a testament to impeccable taste and a commitment to excellence. A visit is essential to fully appreciate the beauty and opportunity it presents. The property is sold as-is, with potential owner/seller financing on favorable terms. Don't miss out on this unparalleled investment opportunity at St. Pete Beach.
| Price History | |
|---|---|
| 1/29/2024 | Listed $5,400,000 |
| 3/1/2024 | 6% - $5,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Solar |
| Cooling | Mini-Split Unit(s) |
| Utilities | Electricity Available,Water Connected |
| Roof | Shingle |
| Construction Materials | Block |
| Year Built | 1949 |
| Property SubType | Hotel/Motel |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | ST PETERSBURG BEACH 1ST ADD |
| Facing Direction | Northwest |
| Building Features | Bathrooms |
| Status | Active |
| Directions | Gulf Blvd to 68th Ave |
| City | ST PETE BEACH |
| Buyer Agent Compensation | 2% |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Square Feet | 16000 |
| Waterfront Y/N | No |
| Street Name | 68th |
| Listing Terms | Cash,Owner May Carry |
| Tax Annual Amount | 63794.5 |
| Public Remarks | Embrace the extraordinary chance to acquire a fully operational,beautifully renovated boutique motel at the heart of St. Pete Beach,acclaimed for its unspoiled splendor and acclaimed as America's top |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3498073 |
| Days on Market | 32 |
| Standard Status | Active |
| Tax Lot | 28 |
| Legal Description | ST PETERSBURG BEACH 1ST ADD BLK 4,LOTS 28,29 & 30 & SW'LY 1/2 OF VAC ALLEY ADJ ON NE |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| LivingAreaSource | Owner |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | 13 to 18 Spaces |
|---|---|
| Lot Features | Flood Insurance Required,FloodZone,City Lot,Sidewalk,Street Lights |
| Water Source | Public |
| Lot Size Area | 16000 |
| Foundation Details | Slab |
| Number of Buildings | 4 |
| Building Area Total | 5980 |
| Lot Dimensions | 160 x 100 |
| Lot Size Acres | 0.37 |
| Road Surface Type | Asphalt,Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Street Lights,City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33706
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 14, 2024 11:26 PM UTC
