600 68TH AVENUE St Pete Beach, FL
$ 4,125,000
Property Attributes
  • MLS#U8125960
  • TypeIncome
  • CountyPINELLAS
  • CitySt Pete Beach
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodSt Petersburg Beach 1St Add
  • Zip33706
  • StyleMulti-Family
  • Year Built1949
  • Taxes$ 15287
  • Price$ 4,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5564
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

Life is a beach now come live it. Have you every dreamed of owning your own turn key boutique motel on St Pete Beach the number one beach ranked on TripAdvisor. Well dreams can come true if you can move fast. The resort consist of 12 units all pool front. One 2 bedroom unit, Six 1 bedroom units with full kitchens, 4 efficiencies with full kitchens and one micro efficiency with mini frig. This Inn has had an extreme make over within the past year to make it an all new 5 star resort. New kitchens with white shaker cabinets and granite countertops. New bathrooms in all the efficiencies with beautiful turquoise color tile. New interior and exterior paint along with all new beachy style plank flooring, new plumbing and electrical fixtures, just too many updates to list Every unit has been custom designed and decorated with the most amazing beach styles and theme. The pool area is expansive and boast huge Royal Palm trees, tons of new outdoor furniture and 2 outdoor grills. The pool itself is all new with resort style clay spill over pots and a sun shelf for the little ones or to sun bathe. Each unit comes with it's own beach storage crate which holds it's beach wagon and chairs. to make the short 3 min walk to the white sandy beaches of Upham Beach. There are even beach bikes to rent along with a laundry room, everything is here for the guest to have the perfect beach get-a-way. The location is beyond perfect on the beach side of Gulf Blvd and within walking distance to so many wonderful beach restaurants, bars. shopping and nightlife Words can not describe how nice these rooms and resort are so it is best to see it on it 's website where you can view and book rooms online. Best of all this dream comes with a current cap rate of over 10 percent. The numbers are beyond belief making this a true turn key business. It's all in place nothing to do but collect the rental fees. The Inn has a motel license which allows short term daily rentals. No detail has been missed and no expense has been spared to make this resort the perfect investment you will be proud to own.

Price History
6/5/2021 Listed $4,100,000

General Features

Construction Materials Block
Cooling Mini-Split Unit(s)
Exterior Features Outdoor Grill, Outdoor Shower, Storage
Heating Wall Units / Window Unit
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Pool Features Gunite
Private Pool Yes
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Terms Cash, Private Financing Available
Total Num Buildings 4
Total Units 12
Township 31
Utilities Electricity Connected
Year Built 1949

Interior Features

Living Area 5564.00

Exterior Features

Foundation Details Slab
Lot Dimensions 160x100
Lot Size Acres 0.37
Lot Size Square Feet 16000


  • 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 Income Average in 33706

AVG $1.7M
AVG $11,676
AVG 332
Year Built
AVG 1946