Homes for sale - 600 68TH AVE, St Pete Beach, FL 33706

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Hunt Brothers Realty

info@huntbrothersrealty.com +1(941) 388-7017

$5,100,000

Est. payment - /mo

8 Beds

7 Baths

5,980 SqFt

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UPDATED:

11/07/2024 04:22 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,980 sqft

Price per Sqft $852

Subdivision St Petersburg Beach 1St Add

MLS Listing ID A4618686

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1949

Annual Tax Amount $61,243

Lot Size 0.370 Acres

Acres 0.37

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.

Location

State FL

County Pinellas

Community St Petersburg Beach 1St Add

Interior

Interior Features Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo

Heating Electric

Cooling Mini-Split Unit(s)

Flooring Tile, Vinyl

Fireplace false

Appliance Microwave, Range Hood, Refrigerator

Laundry Other

Exterior

Exterior Feature Fence, Lighting

Garage Assigned

Pool Gunite, Heated, In Ground, Lighting, Solar Heat

Utilities Available Cable Connected, Electricity Connected, Fiber Optics, Sewer Connected

Waterfront false

View City

Roof Type Other

Parking Type Assigned

Garage false

Private Pool Yes

Building

Lot Description Flood Insurance Required, Paved

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Other, Private Financing Available

Listing Terms Cash, Other, Private Financing Available

Special Listing Condition None

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Listed by SAVVY AVENUE, LLC

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Hunt Brothers Realty

+1(941) 388-7017

Brokerage

600 68TH AVE St Pete Beach, FL 33706

Hunt Brothers Realty

Hunt Brothers Realty

Key Details

Location

Interior

Exterior

Building

Others

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