600 68th Avenue, ST PETE BEACH, FL 33706
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  • MLS#: A4618686 ( Residential Income )
  • Street Address: 600 68th Avenue
  • Viewed: 16
  • Price: $5,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Bedrooms: 8
  • Total Baths: 7
  • Days On Market: 146
  • Additional Information
  • Geolocation: 27.7372 / -82.749
  • County: PINELLAS
  • City: ST PETE BEACH
  • Zipcode: 33706
  • Subdivision: St Petersburg Beach 1st Add
  • Provided by: SAVVY AVENUE, LLC
  • Contact: Moe Mossa
  • 888-490-1268
  • mfrmls
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Lighting
  • Flooring: Tile, Vinyl
  • Living Area: 5980.00
  • Roof: Other
Land Information
  • Lot Features: Flood Insurance Required, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Assigned
Eco-Communities
  • Pool Features: Gunite, Heated, In Ground, Lighting, Solar Heat
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Sewer Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Microwave, Range Hood, Refrigerator
  • Country: US
  • Interior Features: Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo
  • Legal Description: ST PETERSBURG BEACH 1ST ADD BLK 4, LOTS 28, 29 & 30 & SW'LY 1/2 OF VAC ALLEY ADJ ON NE
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 36-31-15-78336-004-0280
  • View: City
  • Views: 16