Property Description
Income producing property Inn has grossed $1,793,277.68, since opening Feb 2021
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.
Features
- Swimming Pool:
- In Ground, Lighting, Gunite, Heated, Solar Heat
- Heating System:
- Electric
- Cooling System:
- Mini-Split Unit(s)
- Parking:
- Assigned
- Exterior Features:
- Lighting, Fence
- Flooring:
- Tile, Vinyl
- Interior Features:
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Built-in Features, Dry Bar
- Laundry Features:
- Other
- Pool Private Yn:
- 1
- Sewer:
- Public Sewer
- Utilities:
- Cable Connected, Electricity Connected, Sewer Connected, Fiber Optics
Appliances
- Appliances:
- Refrigerator, Microwave, Range Hood
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- St Pete Beach
- Subdivision:
- ST PETERSBURG BEACH 1ST ADD
- Zipcode:
- 33706
- Street:
- 68TH
- Street Number:
- 600
- Street Suffix:
- AVENUE
- Longitude:
- W83° 15' 3.4''
- Latitude:
- N27° 44' 13.8''
- Directions:
- Gulf Blvd to 68th Ave
- Mls Area Major:
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Additional Information
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/A4618686
- On Market Date:
- 2024-07-31
- Number Of Units Total:
- 12
- Lot Features:
- Paved, Flood Insurance Required
- Foundation Details:
- Slab
- Construction Materials:
- Block, Concrete
Financial
- Tax Annual Amount:
- 61243
Listing Information
- List Agent Mls Id:
- 496503916
- List Office Mls Id:
- 281531801
- Listing Term:
- Cash,Other,Private Financing Available
- Mls Status:
- Expired
- Modification Timestamp:
- 2025-01-31T05:15:08Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-01-31T05:12:41Z
Residential Income For Sale
600 68th Ave, St Pete Beach, Florida 33706
8 Bedrooms
7 Bathrooms
5,980 Sqft
$5,100,000
Listing ID #A4618686
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- A4618686
- Price :
- $5,100,000
- View :
- City
- Bedrooms :
- 8
- Bathrooms :
- 7
- Square Footage :
- 5,980 Sqft
- Year Built :
- 1949
- Lot Area :
- 0.37 Acre
- Property Sub Type :
- Quadruplex
- Roof:
- Other
