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600 68TH AVENUE,ST PETE BEACH,Pinellas,Commercial Sale

5.400.000 $

Overview

  • Updated On:
  • January 30, 2024
  • 5,980 ft2

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.

Address: 600 68TH AVENUE
State/County:
Zip: 33706
Country: US
Open In Google Maps
Property Id : 353875
Price: 5.400.000 $
Property Size: 5,980 ft2
Property Lot Size: 0 ft2
BridgeModificationTimestamp: 2024-01-30T02:01:30.860Z
BuildingAreaTotal: 5980
BuildingFeatures: Bathrooms
BuyerAgencyCompensation: 2%
ConstructionMaterials: Block
ContractStatusChangeDate: 2024-01-29
Cooling: Mini-Split Unit(s)
CumulativeDaysOnMarket: 0
DaysOnMarket: 0
DirectionFaces: Northwest
Directions: Gulf Blvd to 68th Ave
FoundationDetails: Slab
Heating: Solar
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Tampa
ListAgentAOR: Tampa
ListAgentEmail: OlegHousingPro@gmail.com
ListAgentFullName: ALEH SHYPITSYN
ListAgentKey: 3711bbdc39099563b52c33b8d44b2071
ListAgentMlsId: 261568194
ListAgentPreferredPhone: 813-373-1745
ListOfficeKey: aa1de5c24aed5eecd29e84a29148c7fe
ListOfficeMlsId: 776004
ListOfficeName: KELLER WILLIAMS SOUTH SHORE
ListOfficePhone: 813-641-8300
ListingContractDate: 2024-01-29
ListingId: T3498073
ListingKeyNumeric: 712608874
ListingTerms: Cash,Owner May Carry
LivingAreaSource: Owner
LivingAreaUnits: Square Feet
LotFeatures: Flood Insurance Required,FloodZone,City Lot,Sidewalk,Street Lights
LotSizeArea: 16000
LotSizeDimensions: 160 x 100
LotSizeSquareFeet: 16000
LotSizeUnits: Square Feet
MLSAreaMajor: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
MaloneId: 2035820173
MlsStatus: Active
ModificationTimestamp: 2024-01-30T01:56:15.503Z
NumberOfBuildings: 4
OnMarketDate: 2024-01-29
OriginalEntryTimestamp: 2024-01-29T17:44:10.493Z
OriginalListPrice: 5400000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Sole Proprietor
ParcelNumber: 363115783360040280
ParkingFeatures: 13 to 18 Spaces
PhotosChangeTimestamp: 2024-01-29T18:11:01.708Z
PhotosCount: 31
PostalCodePlus4: 2005
RoadFrontageType: Street Lights,City Street
RoadSurfaceType: Asphalt,Paved
Roof: Shingle
STELLAR_CalculatedListPriceByCalculatedSqFt: 903.01
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 5400000
Other Features
Has Cooling System
Has Heating System
27,686.87 $
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
20,936.87 $
Tue 14 May
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